Lincoln Road Property Owner L.P., a joint venture led by an affiliate of Starwood Capital Group, Integra Investments and The Comras Company, has responded to a Request for Proposals (RFP) from the City of Miami Beach with plans to lease a pair of surface parking lots and develop The Gardens at Lincoln Lane, a low-rise mixed-use development that will comprise just under 130,000 square feet of Class A office space, 25,000 square feet of street-level retail, and more than 425 easily accessible parking spaces. The project is designed by Brandon Haw Architecture, along with West 8 Urban Design & Landscape Architecture, and will occupy a 1.1-acre lot at 1080 Lincoln Lane North and a 0.9-acre lot at 1680 Lennox Avenue in the Lincoln Road District.
Eden at Heritage Lakes could start construction in December 2022, sources report. The $108.4 million venture would comprise more than 380,000 square feet of new construction, offering 278 one-story horizontal apartments and 98 two-story townhomes.
National developer Property Markets Group (PMG) and Sarasota-based JEBCO Ventures, are pleased to announce the grand opening of One Park Sarasota’s Sales Gallery located at 20 North Lemon Avenue. The sales gallery launches at the heels of astounding sales success, having sold over 50% of its units and slated to break ground in Q1 of 2023. One Park’s experiential sales gallery features a high tech immersive 10’ tall x 16’ wide LED wall that showcases the development and bay area, a full-size model kitchen, and an owner’s suite grand closet. Experience exceptional service and a serene ambiance as you immerse yourself in luxury living reimagined.
Not too long ago, TPA Development finished construction on one of its office buildings in Broward County, Florida. Now, the firm hopes to start construction on another venture. The Real Deal reports that the residential venture will be completed in phases, with phase 1 offering 350 multi-family units.
AARE Sunbelt, an affiliate of Adam America Real Estate, a privately held real estate development and investment company with over 42 renovation and development projects launched since 2009, and Stellar Communities, a leading residential real estate development company in Florida with 3,000 homes delivered since 2009, recently announced the acquisition of 7.2 acres of fully-entitled land at 4200 Southwest 54th Court in Dania Beach, Florida. The joint-venture partners plan to build a 6-story, 275-rental-unit multifamily development in close proximity to the newly built Seminole Hard Rock Hotel & Casino. The transaction marks the joint-venture partners second land acquisition planned for multifamily development in the heart of South Florida.