Coral Rock Development Group scored a $54 million construction loan for a Live Local Act project in Miami’s Allapattah. Developers across South Florida have seized on the state workforce and affordable housing law by filing a flurry of proposals, but few have advanced their projects to the financing and construction stage. Coral Gables-based Coral Rock plans to start construction in the first quarter on the eight-story, 227-unit Dulce Vida apartment building on a 1.3-acre site at 1785 Northwest 35th Street,[...]
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A Miami Beach board gave Robert Rivani’s Black Lion the green light to revamp the exterior of a mixed-use building off Lincoln Road. Earlier this month, the Miami Beach Design Review Board unanimously approved the planned renovation of the building at 1691 Michigan Avenue and its garage facades. Miami-based Black Lion is giving the six-story structure, which is being renamed The Rivani, a $50 million interior and exterior makeover. The property has 43,166 square feet of ground-floor retail and 118,658[...]
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Swerdlow Group is advancing plans for a massive project in Little River, according to Multi-Housing News. The development will include approximately 7,500 residential units, with a mix of affordable, workforce and market-rate housing. The affordable units will be higher end and look like market rate apartments, similar to Swerdlow’s recently completed Sawyer’s Walk, the developer told Commercial Observer. Units there each have floor to ceiling windows and washer/dryer units. The Little River development will also have 602,562 square feet of[...]
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The Cuban American Bar Association (CABA) recently held its Sixth Night with the Miami Marlins at LoanDepot Park. A portion of the ticket sales benefit CABA Pro Bono Legal Services, a nonprofit dedicated to providing free legal services to those in need. The event raised $5,890. “We are very grateful for this generous support as it will allow us to continue our mission to provide free legal representation to those in need in South Florida and throughout the state,” said[...]
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The second tower at Brickell’s Mercedes Benz Places is now under construction. Foundation construction at the first tower is also now nearly complete, according to Serhant, which is handling condo sales. The second tower now underway will be 763 feet, while the first tower will reach 780 feet, according to plans submitted to the county in July. The combined development is planned to include: 200 hotel units 142,129 square feet of commercial 153,070 square feet of office 1,010 residential units[...]
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Dynamic, social, and undeniably metropolitan, Brickell is one of the country’s fastest-growing urban centers. Just beyond the tall buildings and crowds, however, exists a somewhat suburban side to the neighborhood where single-family residences keep the city excess comfortably at arm’s length. Nestled in this much-desired area is a 6,000-square-foot tropical modern home—newly constructed on property owned by the family for half a century—that masterfully integrates its interior and exterior spaces, offering its residents the chance to experience their hometown in[...]
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