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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: With pricey rents in Miami Beach, developer plans cheaper apartments for local workers

August 15, 2022

A new workforce housing project could help relieve some local residents from sky-high rents in Miami Beach, one of Miami-Dade County’s most expensive residential markets. A boutique rental building with 60 apartments proposed for Normandy Isles neighborhood could give essential workers — think teachers, nurses, police officers and firefighters — more living options in line with their incomes. Alan Waserstein, owner of Miami Lakes investment and development firm LeaseFlorida, plans to build a four-story development called Mia, containing the 400-square-foot[...]

CLIENT NEWS: Canadian investors drop $22.5M on Bay Harbor Islands apartments

August 15, 2022

Canadian investors scooped up a pair of mid-rise apartment buildings in Bay Harbor Islands for $22.5 million. Entities tied to Toronto-based Westdale Properties bought the Rexleigh building at 9881 East Bay Harbor Drive and the Kingsley Arms building a few blocks south at 9291 East Bay Harbor Drive for $11.25 million apiece, according to deeds and state corporate records. The buying entities are led by Mitchell Cohen, as well as Roland and Ryan Kimel, director of operations at Westdale. Ownership[...]

CLIENT NEWS: Trammell Crow, Baptist scoop up Kendall Town Center dev sites

August 15, 2022

Planned multifamily and medical-use portions of the massive Kendall Town Center mixed-use project are coming closer to fruition after a pair of sales. Dallas-based Trammell Crow Residential scooped up its 20-acre development site for $29.4 million, according to records. Less than a week prior, Baptist Health paid $17.9 million for its 18-acre site. Both sites are on the larger Kendall Town Center, a 70-acre development between Southwest 88th and 91st streets and Southwest 162nd and 158th avenues in Miami-Dade’s West[...]

CLIENT NEWS: Urbanspace’s Iconic NYC Holiday Market Is Coming To Miami This Winter

August 10, 2022

Exciting things keep happening in Miami, and winter will be no exception. This year, just in time for the holidays, Urbanspace's iconic New York City holiday market is making its first national expansion in Lincoln Road District in Miami Beach. Not only is the Magic City a great winter destination, this new holiday market will continue cementing Miami's reputation as an avant-garde city that doesn't stay behind. The Urbanspace Lincoln Road Holiday Market will promote the development of the Lincoln Road District by[...]

CLIENT NEWS: Here are the resi projects planned for Bay Harbor Islands

August 8, 2022

Developers are zeroing in on Bay Harbor Islands, planning almost a dozen projects with nearly 400 condos and apartments. An analysis by The Real Deal found that developers have pumped nearly $150 million into land purchases in the waterfront town since May of last year. Here are some of the residential projects planned for Bay Harbor Islands: Ugo Colombo’s CMC Group and Morabito Properties, 1135 103rd Street Designed by Arquitectonica, Onda Residences will have more than 300 feet of bay[...]