A 25-story mixed-use tower proposed for the upcoming 17.75-acre Magic City Innovation District in Little Haiti has been submitted to Miami’s Urban Development Review Board for approvals. The developer behind the application is MCD Miami LLC, a partnership between real estate developer Plaza Equity Partners, brokerage firm Metro 1, and investment firms Luna Rouge and Dragon Global. Parcel 11 is the tentative name for the new building and it’ll be the first of several towers to rise in the new Special Area District, projected to yield 522,806 square feet of space including 349 residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces.
Construction on Ouanalao Resort will start in the fourth quarter of 2021, according to the Construction Journal. It will open in 2023.
After the incredible success and fast sell-out of pre-construction luxury condos at E11EVEN Hotel & Residences, developers Property Markets Group and E11EVEN Partners are thrilled to announce they are launching a second phase to keep up with the unprecedented demand. Introducing E11EVEN Residences Beyond, a 65-story residential tower proposed to rise approximately 699-feet at 90 Northeast 11th Street in the Park West district of Miami, designed by non other than Sieger Suarez Architects. Set to offer a highly exclusive “members only” experience, the tower will yield 461 residences, a helipad and additional private amenities.
Sentosa Beachwalk Apartments Phase I (now named “The Elysian”) is getting its second phase in Saint Augustine, FL. The $33.4 million project started construction in August 2021.
A notice of commencement has been filed by Florida East Coast Industries (FECI), the parent company of Brightline, indicating construction is set to begin at the site where two 83-story mixed-use towers are being planned. The scope of work involves the restructuring of the streetscape, re-aligning Northwest 1st Avenue directly south to Northwest 1st Street, demolishing the existing small park that breaks up the grid, and some sewer and plumbing work. Upon completing the realignment of the street, a new rectangular interior lot will be formed at 195 Northwest 2nd Street to make way for the 848-foot-tall south tower.