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[...]
Read MoreDeveloper and restaurateur Mathieu Massa bought a development site in Miami Beach for $13.5 million. Property records show that an entity linked to Enrique Colmenares sold the lots at 427 22nd Street and 2206 Park Avenue to an entity led by Massa. The buyer took out a $6 million loan from City National Bank of Florida and a $2.5 million loan from the seller, records show. Massa declined to comment on his plans for the properties, which are near The[...]
Read MoreMiami Dade’s Water and Sewer Department finalized a deal last week to supply water and sewer utilities to the One Southside Park project in Brickell. The developer also obtained final approval for the project from Miami Dade planners in late December, county records show. It went through county planners for review under their Rapid Transit Zoning scheme, rather then through the City of Miami Planning Department. Construction is already underway, with groundbreaking in April 2021. According to the newly completed[...]
Read MoreFoundation work is continuing at the Block 55 project in Overtown, according to photos this week by Ryan RC Rea. Groundbreaking took place in June 2021, and foundation work has been ongoing since then. Block 55 will include: 578 affordable apartments for seniors 250,000 square feet of retail space 1,050 parking spaces A 1,400 square foot police substation Tenants will include Target (with a Starbucks and CVS inside), an Aldi grocery, Burlington department store, and Ross Dress for Less. Published[...]
Read MoreThe first pieces of a tower crane have arrived at the Brickell site where a 54-story tower called Miami River is now under construction. The cranes are planned to rise 760 feet above ground, according to a filing with the FAA in September. Arrival of the crane likely indicates that vertical construction will begin soon. Construction of a sea wall on the property also now appears to be underway. The tower will become Miami’s westernmost building that is taller than[...]
Read MoreSomeone in Miami’s city government wants to eviscerate a key parking break that’s credited with fostering development of lower-cost housing and the restoration of older and historic buildings — but who and why is shrouded in mystery. Like dozens of U.S. cities and states facing increasing traffic congestion and critical shortages of affordable housing, Miami has for several years allowed developers building downtown or in other neighborhoods abutting train and bus lines to reduce the amount of costly on-site parking[...]
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