Florida YIMBY

Empira Group Acquires Rare Development Site Near Brickell With Plans For An 85-Unit Multifamily Project

8:00 am on September 9, 2022 By Oscar Nunez

Switzerland-based real estate investment firm Empira Group acquired a rare 0.53-acre development site west of Brickell that consists of two vacant aged apartment buildings at 3025 and 3051 Southwest 3rd Avenue. The developer has plans to build an 8-story mid-rise multifamily project in “The Roads” neighborhood to satisfy the area’s rising demand for housing fueled by businesses relocating to Miami’s urban core. Designed by Revuelta Architecture International, CoralGrove is planned to yield 85 residential units in a mix of one-, two- and three-bedroom floor plans and 900 square feet of ground floor retail. Empira closed on the acquisition of the sites on August 29th, aiming to break ground in the second half of 2023 and deliver the project in 2025.

Deco Green, a Mixed-Use Venture, Undergoes Construction at 1715 North Dixie Highway, Lake Worth Beach, Florida

7:00 am on September 9, 2022 By Colt Dodd

Construction started on Deco Green in August 2022. The $29 million mixed-use venture will offer more than 120 apartments and nearly 8,000 square feet of retail space. Sources also note that there will be a 272-space parking lot.

Demolition And Plumbing Permits Issued For NR Investment’s Uni+Dos Site In Miami’s Arts & Entertainment District

8:00 am on September 8, 2022 By Oscar Nunez

Demolition and plumbing permits have been issued to Miami Gardens-based developer NR Investments for 1455 North Miami Avenue, where a 31-story mixed-use tower is planned. The 321-foot-tall structure is designed by Corwil Architects, and is planned to include 398 rental apartments, 8,539 square feet of retail space and a parking garage for 451 vehicles. The developer, under the 14th Street Development LLC, assembled the 49,800-square-foot site over the past decade, located between North Miami Avenue and Northeast Miami Court, with Northeast 14th and 15th Streets on the north and south. The project is officially addressed as 31 Northeast 14th Street, located in the Arts & Entertainments District.

Strazzera Village Planned Development to Offer More Than 1,000 Homes in Sarasota, FL

7:00 am on September 8, 2022 By Colt Dodd

Strazzera Village Planned Development (known in some documents as “VPD”) is unfolding in Sarasota, Florida. The venture will comprise 1,021 homes on a 439-acre lot, according to Sarasota County records. That’s about 2.29 homes per acre.

Developers Complete First Phase Of MiLine Miami In Glenvar Heights

8:00 am on September 7, 2022 By Oscar Nunez

ZOM Living, in a joint venture partnership with Mattoni Group, Scout Capital and AEW Capital Management, announced the completion of the first phase of the transformative development MiLine Miami. Phase one includes the delivery of 338 luxury, mid-rise apartments, 4,600 square feet of retail space featuring a brewery and two restaurants, and 1,300 linear feet of the Ludlam Trail for residents and the broader community to enjoy outdoor recreational activities such as walking, biking and hiking. MiLine Miami is designed by MSA Architects with interiors by Meshberg Group and landscaping from Naturalficial. HSQ Group is the civil engineer and Kaufman Lynn Construction is the general contractor.

Cortland Riverview Undergoes Construction at 9246 Headwaters Avenue, Riverview, Florida

7:00 am on September 7, 2022 By Colt Dodd

Cortland Riverview is currently undergoing construction in Riverview, Florida. The multifamily housing complex will offer 319 apartments in a four-story building. There are 12 different layout plans to choose from.

YIMBY Looks At Some Of South Florida’s Most Anticipated Luxury Residential Developments

8:00 am on September 6, 2022 By Oscar Nunez

As South Florida’s construction boom continues to advance, developers are becoming more and more creative in their product offerings, incorporating notable brands with world-class design from the most renown architectural firms, exclusive amenities, lavish custom interiors from the most prestigious interior design firms, and most importantly – desirable locations with pristine views. In this article, YIMBY will look into four highly awaited, skyline-altering projects expected to break ground in the near future.

Natiivo Miami to Reach Completion in 2023 at 601 Northeast 1st Avenue, Miami, Florida, 33132

7:00 am on September 6, 2022 By Colt Dodd

Natiivo Miami started construction in February 2021. The $213 million venture is expected to reach completion in the third quarter of 2023. Upon finishing, the 51-story tower will offer 448 condos, ranging from studios to three-bedroom homes.

Hines Acquires Life Time Living-Branded 495-Unit Gables Station Residential Complex In Coral Gables

8:00 am on September 5, 2022 By Oscar Nunez

Hines Global Income Trust (HGIT), an investment arm of global real estate firm Hines, acquired Gables Station, a 14-story multi-family complex designed by Gensler and located at 225 South Dixie Highway in Coral Gables, for $430 million. The development, which completed construction last year, features 495 Life Time Living® residences. This acquisition is the second largest single-asset multifamily sale in South Florida, reaffirming HGIT’s and Hines’ bullish stance on the future of the market. Since the pandemic, Hines has committed approximately $1.8 billion across three prime developments and acquisitions in South Florida. Willowick Residential, Hines’ boutique multifamily property management firm, will assume the role as property manager for the asset.

Construction Continues on Two DR Horton Properties in Homestead and Stuart

7:00 am on September 5, 2022 By Colt Dodd

Preserves at Park Trace is unfolding in Stuart, Florida. The $44.6 million housing development will offer more than 100 single-family units on a 97-acre lot. Options comprise five floorplans, ranging from two-bedroom to five-bedroom options.

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