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 MoreA construction permit application was submitted this morning for a massive apartment tower at Miami Worldcenter. The new filing states that a 52-story tower is planned to be built, with the following specs: 893 multi-family (rental) units 17,188 square feet of retail Coastal Construction is listed as the contractor. WG 700 North Miami LLC, C/O The Witkoff Group, is listed as the contact. The specs are similar to a June UDRB filing for the first phase of a project at[...]
Read MoreMG Developer and Baron Property Group snagged an $18 million loan to acquire a block of Hialeah single-family houses to be redeveloped into a multifamily project. New York-based RMWC provided the financing for the planned bulk purchase, according to a press release. Ayush Kapahi with HKS, and Jeffery Donnelly and Dmitry Levkov with Colliers arranged the loan. Coral Gables-based MG and New York-based Baron plan to acquire about 20 homes on East 26th Street between East Ninth and 10th avenues in Hialeah,[...]
Read MoreNorth Bay Village has another luxury condo project in the works. The North Bay Village Planning & Zoning Board recently approved Miami-based Riviera Horizons’ proposal for a 26-story, 70-unit condo tower. The approval marks at least the seventh planned condominium underway for the long-overlooked island community. Riviera founder and CEO Mikael Hamaoui said all the new development will mark a change for North Bay Village, after many years as “a diamond in the rough.” Hamaoui declined to share pricing for units at the[...]
Read MoreA total demolition permit has been applied for at Brickell’s Fire Station No. 4 to make way for the 1 Southside Park megaproject. Earlier this year, city commissioners approved a plan for a temporary modular fire station in Southside Park, which was being constructed in early summer. The relocation would expedite construction of the project, including the delivery of the new fire station, a city resolution said. The demolition permit application was filed with Miami-Dade County on September 27. Permitting[...]
Read MoreDamac Properties scored a key approval for its luxury condo project in Surfside, though it has to try to move a controversial garbage loading dock away from the planned collapse memorial. The Surfside Commission voted 3-2 in favor of the project on the Champlain Towers South collapse site, capping a contentious nearly six-hour meeting on Wednesday evening that included Mayor Shlomo Danzinger having two people escorted out and members of the commission repeatedly speaking over each other. At the center of[...]
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