Florida YIMBY

Terra Acquiring Former Miami Herald Site From Genting Group For $1.225 Billion, Plans Waterfront Transformation

8:00 am on May 2, 2023 By Oscar Nunez

SmartCity Miami LLC, an investment group led by Miami-based Terra and its CEO, David Martin, has finalized terms for acquiring a 15.5-acre development site on Biscayne Bay in Downtown Miami. The group will purchase the site, previously home to the Miami Herald newspaper offices, from its owner, Genting Group, for $1.225 billion. The site is the largest undeveloped waterfront property in Miami’s urban core, midway between Miami Beach and Miami International Airport. It offers over 800 feet of direct frontage along Biscayne Bay and is adjacent to Miami’s Museum Park, the Adrienne Arsht Center for the Performing Arts, and the Metromover transit system. The closing is set to take place later this year.

Sixth & Rio Planned for 2024 Delivery at 501 SE 6th Avenue, Fort Lauderdale, Florida

7:00 am on May 2, 2023 By Colt Dodd

Meet Sixth & Rio, a boutique residential venture along the New River. The multi-million-dollar project will offer 94 homes in a nine-story building.

Construction Commences On SeaGlass Cove At 59720 Overseas Highway In Grassy Key, FL

8:00 am on May 1, 2023 By Oscar Nunez

Construction is underway on SeaGlass Cove, a residential island community at 59720 Overseas Highway in Grassy Key, Florida. Designed by Alderman Planning Company with Landwise Design as the landscape architect and developed in collaboration between Miami-based Constellation Group and Ironwood Venture Group, SeaGlass Cove features 14 single-family homes in a private gated community featuring interiors from designBAR. $17 million in construction funding was provided to the developers by Banesco USA. Construction is expected to complete sometime in 2024.

Six Fisher Island to Offer 50 Luxury Residences at 6 Fisher Island Drive, Miami Beach, Florida

7:00 am on May 1, 2023 By Colt Dodd

Six Fisher Island is a luxury 11-story building aiming for a 2025 delivery. Designed by Kobi Karp, the high-rise venture will comprise 50 residences, ranging from three-bedroom to five-bedroom layout plans.

Elevate Apartments Tops Off Construction At 600 E. Dania Beach Blvd. In Dania Beach, FL

8:00 am on April 30, 2023 By Oscar Nunez

Miami-based developers Royal Palm Companies and ILP Developers celebrate the topping off of Elevate Apartments, a 293-unit multifamily project at 600 East Dania Beach Boulevard in Dania Beach. Designed by NMD Nomadas with De Los Reyes Engineering Inc. as the structural engineer, the 8-story, 503,924-square-foot project will feature a mix of studio, one-, two-, and three-bedroom residences ranging from 700 to 1,000 square feet, and amenities such as a pool with sundeck, fitness center, coworking space, water sports equipment storage, and structured parking. Architectural Alliance Landscape is the landscape architect. Suffolk Construction is the general contractor.

Twelve-Story Domus Brickell Slated for 2025 Completion at 1611 SW 2nd Avenue, Miami, Florida

7:00 am on April 30, 2023 By Colt Dodd

Domus Brickell is slated for a 2025 delivery. The 12-story building will comprise 171 furnished residences, ranging from studios to two-bedroom units. They will measure 330 square feet to 979 square feet.

Permits Filed For Diesel Wynwood At 161 NW 28th Street In Wynwood, Miami

8:00 am on April 29, 2023 By Oscar Nunez

Located at 161 Northwest 28th Street in Wynwood, a one-acre development is set to take shape as Bel Invest, an international real estate investment and development entity with a portfolio in Italy, Spain, Germany, and the United States, collaborates with Diesel, the renowned Italian fashion and lifestyle brand, to lay the groundwork for the Diesel Wynwood condominium project. Envisioned by the esteemed Zyscovich Architects, the eight-story structure will occupy approximately 323,633 square feet, comprising 159 residential units and a substantial 15,889 square feet of ground-floor retail space. Nestled on the northern boundary of Northwest 28th Street, between Northwest 1st and 2nd Avenues, the development’s site stands directly opposite its existing sales center. Moss & Associates LLC is the general contractor.

The Edition Residences Edgewater Planned for 2121 N Bayshore Dr., Miami, Florida, 33137

7:00 am on April 29, 2023 By Colt Dodd

The Edition Residences Edgewater is slated for a 2026 delivery in Miami-Dade County. It’s the first private residence under the Edition brand.

Miami’s Lotus House Breaks Ground on Children’s Village In Overtown, Miami

8:00 am on April 28, 2023 By Oscar Nunez

In a groundbreaking ceremony attended by hundreds of neighbors and community stakeholders, Lotus House, the country’s most extensive women’s shelter, marked the commencement of construction on their Children’s Village. Set in Miami’s historic Overtown District, the five-story facility aims to extend the organization’s impact on the community by focusing on children’s and youth’s education, wellness, and special needs.

Miami Historic Preservation Board Considers Hotel Proposal at 6747 Collins Ave., Miami Beach, Florida

7:00 am on April 28, 2023 By Colt Dodd

In 2019, Urbanica Management purchased a .98-acre site in Miami-Dade County for $40 million––the last vacant site in the area at the time. Now, nearly three years later, the organization hopes to move ahead with plans for a 16-story hotel.

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