Florida YIMBY

Clara Homes Closes On $7.7 Million Development Site At 2601 NW 6th Avenue In Wynwood, Miami

8:00 am on January 14, 2024 By Oscar Nunez

Miami-based real estate development firm Clara Homes, founded by James Curnin, has announced the closure of a $7.7 million deal for a residential development site in Miami’s Wynwood neighborhood. The site at 2601 Northwest 6th Avenue spans 17,000 square feet and is planned for a 154-residence luxury rental building dubbed Clara Wynwood. The building, designed by architect Kobi Karp, is set to include at least 40% affordable workforce housing, aligning with the Live Local Act. Jordan Karp, an independent broker, represented Clara Homes in this transaction, while the seller, men’s clothing wholesaler Austin Burke, was represented by Jeremy S. Larkin and Joseph R. Gallaher.

GCF Development Secures $133 Million Refinance Loan for Hollywood Circle At 1776 Polk Street

8:00 am on January 13, 2024 By Oscar Nunez

GCF Development, a national real estate development firm led by Chip Abele and Peter Jago, has successfully secured a refinancing loan of $133.5 million for Hollywood Circle, a mixed-use project approximately 1 million square feet…

Developers Propose 21-Story Condo/Hotel for 445 NE 36th Street, Miami, FL, 33137

7:00 am on January 13, 2024 By Colt Dodd

Two developers have proposed a 21-story hotel/condo in Miami-Dade County. Urban Network Capital Group (UNCG) and Vertical Development hope to get approval for an unnamed high-rise that would offer 180 rooms, measuring about 400 square feet to 2,130 square feet each.

Property Markets Group And MoneyShow Unveil New Plans For One Park Sarasota

8:00 am on January 12, 2024 By Oscar Nunez

Property Markets Group (PMG) and MoneyShow have recently announced new plans for One Park Sarasota, an 18-story luxury condominium development along a 53-acre bayfront park. The project aims to contribute to the city’s skyline at 333 North Tamiami Trail, at the intersection with Boulevard of the Arts in Downtown Sarasota. One Park Sarasota will house 86 residences featuring over 5,000 square feet of retail space. The development promises to offer residents panoramic views of Sarasota Bay, the cityscape, and The Bay Park. Coldwell Banker Realty has been appointed as the sales team for this project, with Chelsa Vahtomin and Robert Robinson leading the sales efforts exclusively.

The City of St. Petersburg Plans 105-Unit Complex at 7045 Burlington Avenue North, St. Petersburg, FL

7:00 am on January 12, 2024 By Colt Dodd

The City of St. Petersburg has plans to develop part of the St. Petersburg/Gibbs Campus into affording housing––with 30 percent of those units intended for both students and staff.

Ytech Commences Demolition of Site For The Residences at 1428 Brickell

8:00 am on January 11, 2024 By Oscar Nunez

Miami-based real estate development firm Ytech has begun the demolition of the existing structure at 1428 Brickell Avenue, marking the first step in the development of the 70-story luxury high-rise condominium, The Residences at 1428 Brickell. Ytech, having acquired this now-vacant property in January 2017, is replacing what was once a 100,000-square-foot office space. The demolition is being conducted by John Moriarty & Associates (JMA), a renowned construction team. This pivotal step in the project, which features design by Arquitectonica, interiors by ACPV Architects, and landscaping by Arquitectonica GEO, is significant in realizing The Residences at 1428 Brickell. This development adds to Ytech’s momentum in the real estate sector following the recent approval of 75 Broadway by Miami’s Planning & Zoning department.

Elev8 Fun to Replace Kohl’s at 1275 N.W. 107th Avenue, Miami, FL

7:00 am on January 11, 2024 By Colt Dodd

Kohl’s once dominated the department store landscape before the advent of online shopping. Now, the chain is closing dozens of stores––including its location at the Miami International Mall in Doral.

Whitman Family Development Unveils Plans for Mixed-Use Development Within Bal Harbour Shops Property In Miami-Dade County

8:00 am on January 10, 2024 By Oscar Nunez

Whitman Family Development, the family-owned company behind the creation of Bal Harbour Shops, has submitted plans for a new mixed-use development in the Village of Bal Harbour, Florida. Aimed at enhancing the 18-acre property, this project proposes the addition of attainable and market-rate residences, alongside a boutique hotel, in the commercial district. Bal Harbour Shops, currently the commercial centerpiece of the Village, hosts over 100 shops, restaurants, and entertainment venues. The development’s plan includes 600 high-end residential units, dividing them into 40% workforce housing and 60% luxury housing, as well as a 70-room upscale hotel and an additional 45,700 square feet of retail space.

Terra And Grass River Property Complete ‘Grove Central’ Mixed-Use Development At 2800 SW 27th Terrace In Coconut Grove, Miami

8:00 am on January 9, 2024 By Oscar Nunez

Terra and Grass River Property, deeply established development firms in Miami’s Coconut Grove neighborhood, have completed a mixed-use multimodal complex at Grove Central. Now open to residents, the transit-oriented complex includes mixed-income apartments and neighborhood retail along the Metrorail corridor at the entrance to Coconut Grove. Located at 2800 Southwest 27th Terrace, Grove Central features a 23-story residential tower with 402 units, encompassing multifamily, workforce, and co-living options, a new 1,250-space public parking garage, and approximately 170,000 square feet of neighborhood retail. This development is connected to the adjacent Coconut Grove Metrorail Station and integrates with The Underline linear park, Miami-Dade’s bus system, and the City of Miami’s trolley network.

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