In 2022, developers Third lake Capital and Echelon proposed “3rd & 3rd,” a high-rise residential complex in St. Petersburg, Florida. Now, our sources have reported that construction has officially started on the 33-story tower. The 0.88-acre build site was previously home to a low-rise building and parking lot.
L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have topped off construction on the Residences at The Wynwood Plaza (the “Residences”), the luxury apartment community the team is developing as part of a one-million-square-foot mixed-use campus in Miami’s vibrant Wynwood Arts District. Designed by Gensler, the Residences will comprise 509 thoughtfully appointed high-end rental units, ranging in size from spacious studios to two-bedroom apartments. The Residences will feature floor-to-ceiling windows, state-of-the-art appliances, luxurious finishes, and flexible layouts. L&L and Oak Row will begin welcoming residents in 2025.
Our sources indicate that an affordable housing complex in St. Peterburg, FL, is reaching the end of construction. Resting on a 1.42-acre lot, Whispering Pines is a 20-unit complex featuring one-bedroom to three-bedroom layout plans.
A transformative mixed-use development is on the horizon in the burgeoning Ojus neighborhood near the bustling Aventura Mall. Aventura Office Center LLC, under the leadership of Yakov Cohen and Cheryl Cohen from Sunny Isles Beach, has propelled forward with plans for an innovative 11-story tower at 18820 West Dixie Highway. This project, known as Forum Park, emerges on a 1.32-acre site, previously acquired for $7.5 million in 2022, heralding a new chapter for a parcel that lay dormant despite prior ambitions for development by CK Prive Group in 2017.
Brightline MiamiCentral’s latest tenant signings within the downtown transportation hub are Brow & Beauty Bar and the AT&T Store at MiamiCentral. The two retail additions join Brooklyn Dumpling Shop among recently announced additions to the six-block transit-oriented development in the heart of Downtown Miami. All slated for 2024 openings collectively illustrate the continued demand for retail space in the “New Downtown Miami.”
