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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: 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[...]

CLIENT NEWS: Fries with that? Developers propose rental towers at Shorty’s BBQ site

November 28, 2022

Developers are proposing a high-rise complex on the site of Kendall’s beloved Shorty’s BBQ. But not to worry, the restaurant serving slow-smoked meats for decades will remain in place for at least a couple of more years. Almost a year after purchasing the site, Atlantic I Pacific Companies and Florida Value Partners filed plans for a pair of apartment towers for the Shorty’s property and the body shop across the street at 9200 and 9180 South Dixie Highway, according to[...]

CLIENT NEWS: In Lincoln Road Revamp, Two Blocks May Ban Cars

November 21, 2022

A Miami Beach neighborhood renewal plan for the corridor of Lincoln Road aims to revive the Fisher-Lapidus dream of connecting the city’s two great garden ways that are in less-than-optimal conditions. The plan, sponsored by Commissioner Alex Fernandez, would revitalize the 200 and 300 blocks of Lincoln Road, with vehicle closures for pedestrianization, and limit vehicular access on the 100 block. Representatives of the Ritz-Carlton South Beach Hotel, located at 1 Lincoln Road, are seeking an agreement with the city[...]