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CLIENT NEWS: Swerdlow proposes replacing Miami public housing complexes with 5,000-plus apartments with affordable, workforce units

March 12, 2025

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[...]

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CLIENT NEWS: Intervest Seeks to Convert Historic Miami Beach Rental into Hotel

February 27, 2023

An Oklahoma-based investor wants to convert a historic apartment building in Miami Beach into a boutique hotel, according to a filing with the city’s Historic Preservation Board. The Mediterranean Revival-style building, located a block south of the Bass Museum at 337 20th Street, was constructed in 1926 and today functions as a 56-unit rental property. Intervest Properties is seeking approvals to turn the 34,979-square-foot building into a 76-room hotel, eight years after paying $11.8 million for it. The proposed plans[...]

CLIENT NEWS: Tech entrepreneur proposes four-story private school in South Beach

February 27, 2023

A limited liability company headed by a tech entrepreneur aims to build a four-story private school in Miami Beach's South of Fifth neighborhood. The proposed plans for BaseCamp305, designed by Miami-based architecture for Arquitectonica, is scheduled to come before the Miami Beach Historic Preservation Board (HPB) on Mar. 14. If ultimately approved, it's slated to be built on a 13,000-square-foot parcel adjacent to the present BaseCamp305 school for pre-K through third grade students at 224 2nd St. The expanded school[...]

CLIENT NEWS: Clara Homes lands $26M construction loan for Bay Harbor Islands project

February 23, 2023

Clara Homes scored a $26 million construction loan for the first phase of a three-building luxury apartment development in Bay Harbor Islands. Records show Clara Homes secured the financing from Maxim Credit Group, an affiliate of New York-based Maxim Capital. Clara Bay Harbor will include three, six-story buildings with 150 apartments. It marks the developer’s first multifamily development in South Florida. Miami-based Clara Homes, led by founder and CEO James Curnin, paid a combined $32.2 million for the Bay Harbor Islands non-contiguous site[...]

CLIENT NEWS: Brightline Plans To Commence Orlando Operations In Q2

February 21, 2023

Brightline has just informed investors that it is close to beginning operating trains to Orlando. Commencement of operations to Orlando is now planned for the second quarter of 2023, the company told bondholders yesterday. The Orlando station is expected to be completed in March, with 100% system completion in Q2 2023, the company added. More than 90% of work on the Orlando extension is now complete, according to Brightline. Brightline now has all of the trainsets needed for Orlando service,[...]

CLIENT NEWS: Second 649-Foot Tower Approved By FAA At Brickell’s River District

February 21, 2023

The Federal Aviation Administration has issued height approval for a second tower at The River District in Brickell. The second tower is permitted to rise 642 feet above ground, or 650 feet above sea level – identical to an another tower already under construction in the district. The approval was issued on February 16. Construction on the second tower is expected to begin in early 2023. The River District is planned to include four towers and 4 million square feet[...]