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CLIENT NEWS: Six-story Wynwood Norte residences win recommendation

January 29, 2025

A developer has put together a plan to bring more residential units to the evolving Wynwood Norte neighborhood, along with several retail spaces. Owner-developer Kambucha LLC plans to construct the new six-story Rose Wynwood building at 444 NW 33rd St. The overall project will amount to 232,095 square feet of floor area, home to 140 residential dwelling units, 14 micro-retail units, and two retail spaces on the ground floor. The city’s Urban Development Review Board unanimously recommended approval with one[...]

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CLIENT NEWS: URBIN Miami Beach Breaks Ground, With All 69 Units Sold Out

December 13, 2022

URBIN Miami Beach has broken ground, according to a press release. All 69 units are sold out. Location Ventures is the developer, with Touzet Studio the architect. Meyer Davis is designing common areas and amenities. Location Ventures – the Miami-based, integrated real estate firm that delivers thoughtfully-designed and fully-connected real estate projects – announced today the groundbreaking of URBIN Miami Beach. The milestone marks construction commencement for the first-to-market, mixed-use brand that unites design-forward residences for short- or long-term rental[...]

CLIENT NEWS: First Glass Installed At 648-Foot Miami River Tower

December 13, 2022

The ellipse shape of the 54-story, 648-foot Miami River tower can now clearly be seen, and glass is being installed, new photos by Phillip Pessar show. The Kobi Karp-designed building will become the westernmost tower in Miami to surpass the 600-foot mark. The phase currently under construction will include 632 apartments, retail space, and a public riverfront promenade that will be open to the public. Additional phases are planned. When all is completed, the project will have 1,961 apartments, 29,600 square[...]

CLIENT NEWS: Hotels partner to upgrade Lincoln Road

December 8, 2022

A beautification project to improve unkempt areas on the east end of Lincoln Road between the commercial district and the beach walk is advancing with the help of the owners of the Ritz-Carlton and the Sagamore South Beach hotels, who are investing millions of dollars. The owners of the Ritz-Carlton, at 1 Lincoln Road, and the Sagamore South Beach, at 1671 Collins Ave., started plans to revitalize Lincoln Road’s 100, 200 and 300 blocks, hiring a team of consultants headed[...]

CLIENT NEWS: Chetrit nabs $83M construction loan for Collins Park project

December 6, 2022

Chetrit Group got a financial boost for its Collins Park Hotel project, nabbing a $82.5 million construction loan. Kawa, a Hallandale Beach-based international asset manager, provided the financing, according to a spokesperson for Henry Bodek of New York-based Galaxy Capital, which brokered the loan. The new mortgage replaces a $62.5 million construction loan provided by Maxim Capital last year. Chetrit, led by founder Joseph Chetrit, is redeveloping six Postwar modern and Art Deco properties into a 271-room hotel complex spanning 172,000 square feet[...]

CLIENT NEWS: Brightline effect: Karsenti plans rentals next to Aventura stop

December 2, 2022

Arnaud Karsenti’s 13th Floor Investments wants a piece of the booming real estate market around the Brightline Aventura Station. The Coconut Grove-based firm is the prospective buyer of 2.4 acres of land just south of the soon-to-open train stop where the firm envisions a 350-unit apartment building, according to an application filed to Miami-Dade County late last month. The site at 19680-19770 West Dixie Highway is separated by the Forum Aventura office condominium from the Brightline station. The Corwil Architects-designed[...]