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.
Construction continues on Bezel at Miami Worldcenter, a 43-story, 434-unit luxury residential tower in Downtown Miami. Designed by Stantec and developed by the Moinian Group in collaboration with ZOM Living, the 493-foot-tall structure is addressed as 650 Northeast 2nd Avenue, standing on the southwest corner of what once was Northeast 7th Street, diagonally across the street from the Freedom Tower at Miami-Dade College.
The Design Review Board of Miami Beach will be reviewing applications received for the redesign of 940 71st Street, a single-story commercial building in the Normandy Isles neighborhood. Bounded by Rue Vendome to the west, 71st Street to the north and Beatriz Court to the south, the submitted plans call for the renovation of a 3,747-square foot space, that for many years operated as a restaurant, but has recently remained closed. Jerika Properties is the owner of the site and application for the redesign.