Plans to redevelop the site of an old warehouse at 205 Southwest 3rd Street in Downtown Miami have been in the works for quite some time now. The owner of the property, Blys Plank Inc., a company owned by Sean McCormick, has tapped Jo Palma from renown architectural firm PALMA, currently pursuing the new Joint Government Center In Fort Lauderdale, to design a 36-story mixed-use glass skyscraper called The Basel, which is set to rise in to the skyline and over the Interstate 95. The developer, who’s owned the site since the early 1970’s, looks to bring this project to life through a joint venture, as the property is located within what is deemed as an opportunity zone.
Another project is making steady strides towards reaching completion in Miami’s Wynwood Art District; Introducing Strata Wynwood, a 12-story, mixed-use development currently under construction. The site is addressed as 2201 North Miami Avenue, and sits right on the border of Wynwood and Edgewater, bounded by Northeast 23rd Street to the north and Northeast 22nd Street to the south, and Brightline train tracks to the west. The building is designed by Stantec and being developed by the CIM Group with One Real Estate Investment.
French developer, Prestigia Immobilier International Group, is currently constructing a housing development in downtown Hollywood. The company acquired the land for $1.2 million back in October 2019, which was about $240,000 more than the initial asking price.
Exterior work is making steady progress on Gateway At Wynwood, a 12-story mixed-use building in the Wynwood district of Miami. Addressed as 2916 North Miami Avenue, the structure is designed by Kobi Karp and developed Rose & Berg Realty Group. The ground-up development will yield 195,000 square feet of Class-A office space, 25,000 square feet of prime retail space, an 8,500 private rooftop deck and up to 574 indoor parking spaces. The property is bounded by Northwest 30th Street to the north and Northwest 29th Street to the south, occupying the entire western frontage along North Miami Avenue.
Construction on Casa Murano, a luxury housing development located in Fort Lauderdale, FL, will begin in the second quarter of 2021. The project is expected to cost $7 million.