As commuters unload from carpools passing through the parking lot of a Tri-Rail station on a recent weekday morning, they’re greeted by a symphony of construction while waiting for their trains. Buzz saws and percussion drills crank up just 10 feet from the train platform, where workers in green vests and yellow safety helmets are building a new housing development. The eight-story residential building, named Metro Station 1, broke ground in May with a target completion by January 2026. The[...]
Read MoreAt Chetrit Group’s The River District, the first tower has reached level 50 of construction, according to a social media post by contractor G.T. McDonald Enterprise. It has been just 13 months since the project went vertical, G.T. McDonald wrote. Top off is likely coming soon, with a total of 54 floors planned. The tower is planned to have a permanent of 648 feet. The first phase of construction will have 632 apartments, retail space, and a riverfront promenade open to[...]
Read MoreCongress Group wants to build a 27-story apartment tower next to the Shops at Civica in the Miami Health District, marking a switch from a previous plan for medical offices on the site. The Boston-based firm wants to build a 380-unit project on 0.85 acres at 1050 Northwest 14th Street, the triangular-shaped parking lot immediately south of Shops at Civica, according to Congress CEO Dean Stratouly and property records. “The office market, not just here but across the country, is[...]
Read MoreThe three families that own the Sagamore Hotel and adjacent Ritz-Carlton, South Beach propose a 15-story condominium on a portion of their hotels’ lots, as part of a larger aim to breathe life into a two-block stretch of Lincoln Road. The Lowensteins’ Lionstone Development, the Kanavos family’s Flag Luxury Group and the Ben-Josefs’ Ben-Josef Group want to build the 30-unit building behind the Sagamore at 1617 Collins Avenue and cantilever it over part of the Ritz-Carlton lot at 1 Lincoln[...]
Read MoreBrookstone Partners, an affiliate of The Cornerstone Group, paid $15 million for a Little Havana development site approved for a mixed-use project. Brookstone, led by Cornerstone principals Leon Wolfe and Jorge Lopez, acquired the 2.4-acre assemblage at 805 to 861 West Flagler Street and 826 to 860 Northwest First Street, according to records and Vizzda. The deal includes two signed leases with Aldi and Ross Dress For Less to anchor the retail component of the proposed development, which was previously[...]
Read MoreA small new section of Baywalk has just opened in Brickell. Politicians celebrated completion of the new stretch in a ceremony yesterday. The new stretch of Baywalk is behind the First Presbyterian Church property, where an “iconic” 80-story tower is in planning. The project includes 250 feet of new seawall. The seawall has been raised to a height of six feet, which is the new standard of the Miami 21 zoning code, according to commissioner Manolo Reyes. Eventually, the new section[...]
Read More