An affiliate of Urbanica Hotels has proposed a 35-story, mixed-use tower in the Edgewater neighborhood of Miami. The city’s Urban Development Review Board considered plans for the 0.93-acre site at 3200 N.E. Biscayne Blvd., 237 and 229 N.E. 32nd St., and 246 and 230 N.E. 33rd St. on March 20. The property is owned by Miami-based Green Circle Development LLC, which is led by executives at Urbanica Hotels. The site currently has three older apartment buildings with a combined 22[...]
Read MoreAn architect has uploaded renderings of a renovation planned at the 36-story One Broadway building. Architect Form Group wrote that the building would be converted into a “world class destination property.” A new 500-person convention space is planned, the website said. Also planned: aesthetic and pedestrian improvements, relocation of a pool to the rooftop, new restaurants, and a new spa. Barcelo Balanzo Arquitectes of Madrid is overseeing design, with Form Group the architect of record, according to the website. A Notice of[...]
Read MoreMultiple properties in downtown Miami have been sold to Moishe Mana in the past few weeks, according to a press release and other reports. The following properties were sold to Mana during December: 100 N Miami Avenue 173 NE 1st Street 124 NE 2nd Avenue Those properties were purchased by Mana for a combined $25,375,000. They include a combined 50,197 square feet of building space, and 28,750 square feet of land. Colliers Urban Core Division Executive Managing Director Mika Mattingly[...]
Read MoreShorty’s BBQ has been approached “tons of times” over the years by developers seeking to buy the restaurant’s original location in Miami. The response was typically quick: No, said CEO Mark Vasturo. But the barbecue eatery finally said yes, after roughly a year of negotiations with buyers Atlantic Pacific Companies and Florida Value Partners. The developers completed a sale-leaseback with Shorty’s for the legacy site at 9200 South Dixie Highway. The sale closed just before the end of the year[...]
Read MoreDevelopers 13th Floor Investments and Adler Group have revised plans to build two 39-story towers next to a Metrorail station. The twin proposed towers, which are part of the Link at Douglas megaproject, could become the tallest south of Brickell. A submittal in August showed them topping off at 444 feet above ground. The previous tallest south of Brickell was also at the same development – a 36-story, 393-foot tower called CASCADE, which has topped off. A 22-story tower in[...]
Read MoreThe flow of money from New York to South Florida continues. Silverstein Capital Partners provided Dan Kodsi’s Royal Palm Companies with a $340 million construction loan for Legacy Hotel & Residences, a mixed-use condo and hotel tower planned for Miami Worldcenter in downtown Miami. The financing marks the third largest construction loan ever in Florida, following two others for projects in Miami-Dade County, according to a press release. The two others were: a $558 million loan for the construction of the Estates at Acqualina[...]
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