Fifield Companies broke ground on Avida Aventura in early 2022. The developer acquired the 4.06-acre build site for $12 million in April 2021. The eight-story building will offer 266 residential units, ranging from studios to three-bedroom options. They range from 470 square feet to 1,400 square feet each. Many models come with balconies. Previously, the project was called “Aventura Crossing.”
Construction is expected to commence in the Spring of 2023 for the Grand Hyatt Miami Beach, a 17-story hotel and commercial development planned for 1701 Convention Center Drive in City Center, Miami Beach. Designed by Arquitectonica with EoA and Stonehill Taylor as the interior designers and developed by MB Mixed Use Development, LLC, a joint venture between real estate developers Terra Group and Turnberry Associates, the development is projected to yield 702,607 square feet of space including 800 hotel rooms, 90,000 square feet of indoor meeting/conference space across 4 floors and 10,000 square feet of outdoor meeting space, 15,000 square feet of retail space, 5 food and beverage outlets and 320 parking spaces. Miami and Los Angeles-based Americaribe is the general contractor; Hyatt Hotels Corporation will manage operations at the property.
The Nolen is a luxury housing development coming to Saint Petersburg, Florida. The project, valued at $50 million, will offer a 23-story tower with 31 residences. Condos begin on the tower’s fourth floor and continue all the way to the 22nd floor. The 23rd floor offers two penthouses. Each residential floor features two homes.
Miami-based developer Shoma Group is excited to announce Shoma Bay, a 2.8-acre mixed-use development in the thriving waterfront community of North Bay Village. Anchored by a 36,068-square-foot Publix, the project will boast a 21-story, 327-unit luxury apartment community and 6,315 square feet of retail space including a rooftop lounge and a Shoma Bazaar food hall. Residences range in size from 324-square-foot furnished micro studios to 1,435-square-foot three-bedroom units. A portion of the project will be workforce housing. Located on the corner of the 79th Street Causeway and East Treasure Drive, Shoma Bay is in proximity to nearby shopping, dining and schools, with direct access to the main highway that connects North Bay Village to Miami Beach and the MiMo District.
Pura Vida Hialeah just wrapped up construction in Miami-Dade County, Florida. The $53 million venture is a residential community offering 260 units. Spread across three eight-story buildings, homes range from 538 square feet to 1,099 square feet each.
