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 MoreThe city of Miami Beach has reached a truce with developers David Martin and Russell Galbut that allows the duo to move forward with their planned luxury condo project at 500 Alton Road. After a contentious back-and-forth with Galbut over the city’s monetary demands, Miami Beach commissioners approved a settlement agreement that allows the developers to exclude stairwells, elevator shafts and mechanical chutes in calculating the floor-to-area ratio of the proposed 44-story tower, known as Park on Fifth. At the same[...]
Read MoreThe gradual redevelopment of central Overtown, the long-neglected heart of Miami’s original black neighborhood, will take a giant leap forward with the planned construction of a $350 million mega-project anchored by a Target store and topped by 556 apartments. The project, the fruit of an agreement between veteran Miami developer Michael Swerdlow and a city anti-poverty agency, would occupy a full city block between Northwest Second Avenue and Interstate 95 at Sixth Street that’s been vacant for years. Under the[...]
Read MoreSafra National Bank of New York wants to redevelop its Aventura branch and office into a 12-story office building. The bank, through subsidiary 3050 Aventura Owner LLC, submitted plans to city officials in December for its 1.31-acre site at 3050 Aventura Blvd. It’s just east of the Aventura Mall and on the west side of the JW Marriott Turnberry Miami Resort & Spa. The property currently has a 3-story office building of 23,539 square feet that was built in 1991. The[...]
Read MoreMiami Beach Planning Board members loved what they heard from the founder of Urbin, a global “live, work, wellness” concept proposed for Washington Avenue, but after nearby residents expressed concern about noise from outdoor entertainment areas, they suggested he meet further with the neighbors to try to find a solution. Rishi Kapoor wants to build a co-living, co-work, hotel space on half a block on Washington Avenue between 12th and 13th Streets. He plans to restore a 1961 office building[...]
Read MoreA Hialeah property that formerly house greyhound kennels and racing would be developed into high-density apartments under a proposal by developer Jeffrey Soffer. Soffer, whose family developed the Aventura Mall and the JW Marriott Miami Turnberry Resort & Spa, owns 70.9% of Florida Kennels, which owns the 28.3-acre site at 7218 West Fourth Ave. The other owners are the Robert S. Kaiser trust (20%), Brooke Soffer (7.5%), and Dan Adkins (1.6%). It had been a greyhound kennel since 1947. The operations became obsolete after Florida voters[...]
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