CLIENT NEWS: Akara Partners Bought Acre of Miami Worldcenter for $18.85M

July 27, 2020

A piece of the last vacant parcel at Miami Worldcenter sold on Friday. The Chicago-based development firm Akara Partners bought an acre from Miami Worldcenter Associates for $18.85 million, according to a press release. The land, beside the Metromover Station, is located at Northeast Second Ave., from Northeast 10th St. to Northeast 11th St. Only 36,273 square feet can be developed because the remainder of the property, or 8,227 square feet, is located underneath the Metromover Station. Akara is planning two towers,[...]

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CLIENT NEWS: Spotify to Open a Headquarters Office at the Oasis in Wynwood, Which Will Open Later This Year

March 5, 2020

The developers of The Oasis in Wynwood have announced that Spotify will anchor the project with a new headquarters office. The Oasis is under construction. It is scheduled for completion in late 2020, developers announced last week. The project will include an outdoor food hall featuring multiple food and beverage concepts around a 35,000 square foot heavily landscaped courtyard. There will also be a stage with nightly live music, and a bar. A 75-foot tower will feature rotating art installations.[...]

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CLIENT NEWS: These architects designed an 84-story tower in NYC. Now they’re coming to Brickell.

March 4, 2020

SHoP Architects will design a 62-story tower with 1,000 luxury condo units and 200 hotel rooms on the western edge of downtown’s Brickell area, according to Michael Stern, founder and managing principal of JDS Development. SHoP will collaborate with Kobi Karp Architecture & Interior Design on the project. JDS, the New York developer behind the Jean Nouvel-designed Monad Terrace in Miami Beach. SHoP — designers of Brooklyn’s Barclays Center — also worked with JDS on New York’s 84-story Steinway Tower,[...]

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CLIENT NEWS: Developer could rebuild Brickell fire station with 62-story project

February 25, 2020

JDS Development Group is looking to assemble property in Brickell, including a city of Miami fire station, to build a 62-story project. The New York-based developer, led by Michael Stern, would build a new fire station for the city within its mixed-use project, and contribute millions of dollars to the city. The project would be directly west of the Brickell Metrorail Station, where the city wants to foster more development to encourage ridership. A similar, but smaller deal, for the fire[...]

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CLIENT NEWS: Miami board approves major mixed-use, multifamily project

February 24, 2020

The Miami Urban Development Review Board approved a slate of mixed-use and multifamily projects that could add nearly 2,000 new apartments and more than 700,000 square feet of office and retail space between the Miami River in downtown Miami and North Miami Avenue in Wynwood. One development, Block 55, initially faced derailment, however, when the first board vote ended in a tie. But it was later approved. A partnership between The Swerdlow Group and Terra is proposing the mixed-use project featuring 402[...]

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CLIENT NEWS: Fontainebleau Miami Beach reveals proposed addition

February 20, 2020

Jeffrey Soffer wants to build a new garage at Fontainebleau Miami Beach, with top-floor ballrooms. The proposed garage will be strictly for employees, which means hotel guests will continue to valet at the entrance of the storied resort. Miami Beach’s land use committee on Thursday recommended the project after hearing details about the new structure, which would be built on an existing surface employee lot on Collins Avenue between 43rd and 44th streets. The new building would connect to the[...]

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