As commuters unload from carpools passing through the parking lot of a Tri-Rail station on a recent weekday morning, they’re greeted by a symphony of construction while waiting for their trains. Buzz saws and percussion drills crank up just 10 feet from the train platform, where workers in green vests and yellow safety helmets are building a new housing development. The eight-story residential building, named Metro Station 1, broke ground in May with a target completion by January 2026. The[...]
Read MoreJDS Development Group is looking to assemble property in Brickell, including a city of Miami fire station, to build a 62-story project. The New York-based developer, led by Michael Stern, would build a new fire station for the city within its mixed-use project, and contribute millions of dollars to the city. The project would be directly west of the Brickell Metrorail Station, where the city wants to foster more development to encourage ridership. A similar, but smaller deal, for the fire[...]
Read MoreThe Miami Urban Development Review Board approved a slate of mixed-use and multifamily projects that could add nearly 2,000 new apartments and more than 700,000 square feet of office and retail space between the Miami River in downtown Miami and North Miami Avenue in Wynwood. One development, Block 55, initially faced derailment, however, when the first board vote ended in a tie. But it was later approved. A partnership between The Swerdlow Group and Terra is proposing the mixed-use project featuring 402[...]
Read MoreJeffrey Soffer wants to build a new garage at Fontainebleau Miami Beach, with top-floor ballrooms. The proposed garage will be strictly for employees, which means hotel guests will continue to valet at the entrance of the storied resort. Miami Beach’s land use committee on Thursday recommended the project after hearing details about the new structure, which would be built on an existing surface employee lot on Collins Avenue between 43rd and 44th streets. The new building would connect to the[...]
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[...]
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