CLIENT NEWS: Massive project with 2,193 apartments proposed at park site in Miami-Dade

July 11, 2024

North Miami officials could approve a development project to build housing and retail on part of Claude Pepper Park in exchange for performing improvements to the public space. The City Commission will consider the master site plan for the 27.7-acre Claude Pepper Park at 1525 and 1255 N.W. 135th Street on July 9. The city previously approved a land lease with Miami-based Redwood Dev Co. after it won the bidding in a city-initiated request for proposals (RFP) in 2022. The[...]

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CLIENT NEWS: Developer proposes 2,200-unit multi-tower project in North Miami

July 11, 2024

Redwood Dev Co is proposing a massive mixed-use development in North Miami. The phased project calls for 2,193 residential units, 121,500 square feet of commercial space and more than 4,100 parking spaces across eight 18-story buildings, plans filed with the city show. Kobi Karp Architecture & Interior Design is designing the project, which is proposed for nearly 39 acres of city-owned land that includes Claude Pepper Park and adjacent land. The North Miami City Council will review a resolution to[...]

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CLIENT NEWS: Nearly 2,200 Apartments Across 8 Towers Proposed At North Miami Park

July 11, 2024

The proposal, from Miami Beach-based Redwood Dev Co, includes eight buildings designed by Kobi Karp rising from 11 acres adjacent to the park. The project would include 121K SF of retail space and 4,114 parking spaces. Commissioners are considering the proposal Tuesday night after awarding Redwood a land lease at the property as part of a 2022 request for proposals. The plan is for 18-story towers to rise from the western portion of the park at 1525 NW 135th St.[...]

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CLIENT NEWS: MSC Group buys future HQ space at Michael Swerdlow’s Block 55 in Overtown

June 26, 2024

MSC Group is anchoring its new North America cruise headquarters at Michael Swerdlow's Block 55 at Sawyer's Walk after paying $67 million for a commercial unit at the Overtown mixed-use project. An affiliate of MSC Group, an international shipping company based in Geneva, Switzerland, purchased a 131,129-square-foot office space on the 7th floor of Block 55 at 249 Northwest Sixth Street in Miami, records show. The deal breaks down to $510 a square foot. Alan Kleber, and Tyler Reynolds led[...]

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CLIENT NEWS: Baha Mar developer scores $77M loan for 8-acre Wynwood assemblage

June 26, 2024

The original developer of Baha Mar in the Bahamas secured a $76.8 million loan, with plans to build on eight acres of land in Miami's Wynwood neighborhood. Miami and Bahamas-based More Development spent $115 million-plus assembling six blocks in south Wynwood between 2018 and 2022 where it plans a mixed-use project, said Whitney Thier, president of the firm. The project will be called SoWy. JP Morgan Chase provided the financing for the properties, which are along Northwest Second Avenue between[...]

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CLIENT NEWS: This luxurious Miami Beach hotel is opening a new space for extravagant events

June 26, 2024

Miami Beach is getting closer to having more splashy meeting space for business or leisure. The Fontainebleau Miami Beach's new convention center is expected to be completed in November and it is already booking reservations for business and social events well into 2026, said Phil Goldfarb, chief operating officer of Fontainebleau Development, in an interview with the Herald. The building was topped off in April, marking completion of the structural framework. Dubbed the Coastal Convention Center, the new space next[...]

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