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,[...]
Read More
Regency Development Group is trying something new in Miami Beach. The developer, led by Igor Michin, Alex Troyanovsky and his son Michael Troyanovsky, is launching sales of Villa17, a 10-unit townhouse project in Miami Beach, according to a press release. Regency tapped Douglas Elliman's Darin Tansey to lead sales of the townhomes planned for 1719 Jefferson Avenue, and prices range from $3.5 million to $4.2 million, Michael Troyanovsky confirmed. Units will range from 2,500 to 3,000 square feet and span[...]
Read More
Rivian Automotive, Inc. is on track to open its first South Florida retail showroom at Aventura Mall. On June 4, the mall's owner, Turnberry Associates, received unanimous approval from the Aventura City Commission, to move forward with its plan to welcome another electric vehicle retailer. Turnberry requested permission to open a Rivian location, which would be the second electric vehicle showroom at Aventura Mall. The city's land development regulations dictate commercial properties with shopping centers are allowed to have "no[...]
Read More
For the fourth year in a row, Chambers USA, one of the oldest and most prestigious legal guides in the world, has ranked Bercow Radell Fernandez Larkin & Tapanes in Band 1 in the area of Real Estate: Zoning/Land Use Law South Florida, the highest recognition given by Chambers. Jeffrey Bercow, co-founder and managing partner of the firm, and shareholders, Michael Larkin and Melissa Tapanes Llahues, were also recognized in the highest categories for lawyers in zoning and land[...]
Read More
A developer plans a mixed-use residential project on city-owned property bringing workforce and affordable housing to Allapattah, together with a new public library in the same building. Dulce Vida Apartments LLC, the contract purchaser and developer of the site at 1785 NW 35th St., plans to build eight-story Dulce Vida Allapattah that will be home to 230 residential units. The project, which will have city funding, includes an adjacent parking garage for up to 372 vehicles. The existing Allapattah Branch[...]
Read More
Plan's for Wynwood's tallest-ever tower have been filed with Miami's Planning & Zoning reviewers. For now, the development is known by its address, 2101 NW Miami Ct. It is proposed to rise 48 stories, or 490 feet above ground and 506 feet above sea level, and include: 544 residential units two floors of amenities on levels 9 and 10 19,292 square feet of ground floor retail 621 on-site parking spaces, spread over six garage levels The plans were filed under[...]
Read More