MV Real Estate Holdings And Driftwood Capital Announce Joint Venture On $185M Riverside Wharf Development In Downtown Miami

8:00 am on December 21, 2021 By Oscar Nunez

Miami-based Developer MV Real Estate Holdings (MVREH) and Coral Gables-based hospitality investment firm Driftwood Capital are pleased to announce Riverside Wharf, a $185 million – 200,000-square-foot hospitality-driven entertainment complex situated along the edges of the historic Miami River in Downtown Miami. Located at 114 Southwest North River Drive beside the I-95, the development is comprised of two 10-story towers that will offer a fully immersive Miami experience anchored by the highly amenitized 165-key Dream Miami luxury hotel by the internationally renowned Dream Hotel Group. The complex will represent the rebirth and expansion of existing The Wharf Miami, adding in 16,000 square feet of signature restaurants, a 12,000-square-foot event hall, a world-class 30,000-square-foot nightclub and rooftop day club, and a private marina capable of accommodating mega yachts.

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26-Story Modern Condominium Tower Proposed With 53 Units In Flagler Village, Fort Lauderdale

8:00 am on December 20, 2021 By Oscar Nunez

An application has been filed with the Development Review Committee seeking approval for the construction of 418 Lofts, a 53-unit residential development located at 418 Northeast 2nd Avenue in Flagler Village, Fort Lauderdale. The building is proposed to rise 311-feet on a vacant development site situated a block Northwest from the Greyhound Bus Station and just west of the proposed URBN Flagler Village project, bound by Northeast 4th Street to the south and Northeast 5th Street to the north with Northeast 3rd Avenue to the east. The Tamara Peacock Company Architects is onboard as the design architect with EDSA as the landscape architect and Flynn Engineering as the civil engineer. The owner of the application is 418 NE Ave LLC, an entity based in Brooklyn, New York and led by developer Joseph Scarpinito.

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Construction Advances On Aria Reserve Sales Center; Permits Initiated For 649-Foot-Tall South Tower In Edgewater, Miami

8:00 am on December 19, 2021 By Oscar Nunez

YIMBY checked in on the progress of the sales center under construction at the development site for Melo Group’s upcoming Aria Reserve, a luxury residential project comprised of twin 62-story towers at 700 Northeast 24th Street in Edgewater, Miami. Designed by Miami-based Arquitectonica, both structures will rise 649-feet along Biscayne Bay and yield a combined 782 condominiums featuring interiors by MORADA Haute Furniture Boutique and landscaping by ArquitectonicaGEO. The sales center is being constructed at 725 Northeast 24th Street by the developer’s in-house contractor, Melo Contractors Corp, and should span 3,116 square feet upon completion. 

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