Mikael Hamaoui’s Riviera Horizons is set to launch sales this spring of a Pagani-branded North Bay Village condo project. The planned 28-story, 70-unit Pagani Residences is the first ever condo development for the Italian hypercar brand, according to a press release. It marks the latest addition to the slew of branded residences in development across South Florida, and the first such project in North Bay Village. A number of South Florida’s branded projects bear luxury car logos, including Porsche Design Tower, developed by Gil[...]
Read MoreA developer assembled a North Miami Beach development site for $14.12 million, with plans to build a 28-story apartment project. In the bigger deal, NMBPlace LLC, managed by Victor F. Dante in North Miami Beach, sold the 1.59-acre site at 1959 N.E. 164th St. for $12.9 million to NMB Place Owner, in care of Baltimore, Maryland-based JSB Capital Group. The same entity paid $1.22 million to TFH Group, managed by Dante and Fena M. Brooks, for the 9,283-square-foot site at[...]
Read MoreA major project is expected to begin construction in Edgewater in 2023, developer Aimco told investors. The construction start date was revealed last week in the company’s first quarter financial results. Aimco has a 20% stake in the project, and will serve as the project’s development manager. The company said it contributed an eighth of an acre of land purchased for $1.7 million in January 2022 to the joint venture. The new project will serve as the gateway to Aimco’s[...]
Read MoreThe first elevated floor at Overtown’s giant Block 55 has been poured, according to contractor Coastal Construction. The pour required 400 cubic yards of concrete and was completed last week, Coastal said. Block 55 will include: 578 affordable apartments for seniors 250,000 square feet of retail space 1,050 parking spaces 1,400 square foot police substation Tenants will include Target (with a Starbucks and CVS inside), an Aldi grocery, Burlington department store, and Ross Dress for Less. Published on May 17,[...]
Read MoreTo build an 800-acre industrial complex on farmland near Biscayne Bay, Miami-Dade County first must loosen its rules on expanding development into areas endangered by coastal flooding. The policy shift is one of several rule changes requested by the developers behind the South Dade Logistics and Technology District, a commercial project that would go up on agricultural land south of the Florida Turnpike and north of Moody Drive at Southwest 268th Street. Currently tree farms and cropland, the rectangular area[...]
Read MoreSoil testing appears to now be underway at the former Miami Arena site, according to a tweet by Kyle Merville. The biggest residential project in downtown Miami’s history is now moving through the approval process for the property. Developer Witkoff Group submitted preliminary plans to Miami-Dade in January for a development on the site with: 2,351 residential units Up to 540,000 square feet of office space 49,999 square feet of retail space 2,457 parking spaces There would be a total of[...]
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