Developer Michael Swerdlow wants to develop 5,730 multifamily units with some affordable and workforce apartments, replacing five public housing complexes across Miami. Coconut Grove-based Swerdlow Group’s project also will include 370,000 square feet of commercial space such as offices and a school; 250,000 square feet of open space and amenities and a new Tri-Rail passenger train station, according to Miami-Dade records. The project would replace the existing public housing complexes of Victory Homes at 520 Northwest 75th Street, Newberg at[...]
Read MoreH&M Development aims to build a self-storage facility on the north side of Little Havana. Miami’s Urban Development Review Board [approved] plans for the 27,160-square-foot site at 2210 N.W. 14th Street, just south of the Miami River, on May 15. It currently has a 12,433-square-foot warehouse constructed in 1979. Tenants include a cargo shipping company, a religious bookstore and a party rental store, according to the application. Aventura-based H&M Development has the property under contract from Lakeland-based Conigsa Corp. The[...]
Read MoreCatch Hospitality Group will open its namesake seafood restaurant in Miami Beach on May 10. The New York-based firm initially announced its Catch restaurant would make its debut in 2023 at 200 South Pointe Drive, but the opening was pushed a year. Catch Miami Beach is in the city’s affluent South of Fifth neighborhood. The two-floor restaurant will occupy 23,000 square feet with indoor dining space and a retractable roof open-air terrace. Rockwell Group, a New York-based architecture and planning[...]
Read MoreIn a perplexing move, RCLCO Fund Advisors offloaded two retail buildings in Miami’s Design District, one of the nation’s top retail real estate submarkets, at a steep $17.9 million discount. In one deal, Bethesda, Maryland-based RCLCO sold a two-story, 23,645-square-foot building at 3800 Northeast Miami Court to an affiliate of Miami Beach-based Comras Company, records show. Comras is led by CEO Michael Comras. In the other deal, RCLCO sold a single-story, 9,906-square-foot building at 3946 North Miami Avenue to Kohler[...]
Read MoreConstruction of a massive apartment project at the former Miami Arena site continues to move closer with new permits filed in recent days. On April 8, a site work permit was applied for with Miami’s Building Department. Coastal Construction is listed as the contractor, and the plan was accepted for review on April 25 (it isn’t yet approved). On May 6, a phased vertical permit was applied for, with Coastal also the contractor. Review isn’t yet underway. The master permit[...]
Read MoreNew renderings of the 67-story Mercedes Benz Places tower under construction in Brickell were unveiled at an event last week. The building “has already set a sales record,” with 100 units sold in just the first four days of marketing. The image reveal event took place last week at The Concours Club ahead of the Formula 1 Miami Grand Prix weekend. It was attended by Toto Wolff (CEO of Mercedes AMG Petronas F1 Team), Michael Stern (CEO of JDS Development)[...]
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