A developer has put together a plan to bring more residential units to the evolving Wynwood Norte neighborhood, along with several retail spaces. Owner-developer Kambucha LLC plans to construct the new six-story Rose Wynwood building at 444 NW 33rd St. The overall project will amount to 232,095 square feet of floor area, home to 140 residential dwelling units, 14 micro-retail units, and two retail spaces on the ground floor. The city’s Urban Development Review Board unanimously recommended approval with one[...]
Read MoreThe former home of an assisted living facility in South Beach could be converted into a hotel if the city approves a pending rezoning application. On March 28, a rezoning application was filed by 550 Ninth LLC, managed by Simon Nemni, for the property at 550 9th Street. He’s also the owner of the Red South Beach Hotel. The company acquired the property for $17.63 million in February from the group that ran the assisted living facility. The seller was co-owned by Philip Esformes, who’s currently[...]
Read MoreHB 1151 – DEVELOPMENTS OF REGIONAL IMPACT The 2018 Florida Legislature has enacted sweeping changes to the state’s Developments of Regional Impact (“DRI”) law. Gov. Rick Scott signed the legislation on Friday, April 6, 2018. Generally, the bill eliminates many DRI statutory requirements governing the application and approval of DRIs. Proposed changes to an existing DRI development order (“DO”) will be the responsibility of the local government in which the development is located. Specifically, the bill: — Eliminates state and regional review[...]
Read MoreCity of Miami officials are working to clarify proposed legislation designed to incentivize the preservation of historic properties by allowing those properties to sell unused residential density to sites near public transit. The aim is to benefit several parties: the owners of historic designated properties gaining money for preservation work and upkeep; the developers who could purchase added density for a project within a Transit Oriented Development (TOD) area; and the city getting more money into its affordable housing fund.[...]
Read MoreNew construction to include 76 parking spaces, spa and hotel rooms on upper floors UPDATED May 4, 11:55 a.m.: Less than two months after André Balazs stepped down as chair of the Standard Hotels brand, the company is moving forward with a major renovation of its Miami Beach location. Standard International, through its holding company Ferrardo Lido LLC, submitted an application to the Miami Beach Design Review Board seeking to demolish the east wing of its MiMo-style property at 40 Island Avenue, formerly[...]
Read MoreBoard divided over impact of proposed gourmet food hall to the neighborhood After more than two hours of contentious debate, the Miami Beach Historic Preservation Board on Monday allowed the developer to apply for permits for the proposed Time Out Market at 1601 Drexel Avenue, on the ground floor of a parking garage, just around the corner from Lincoln Road. Earlier this month the city’s planning board approved a conditional use permit for the site, but their approval was based on limiting[...]
Read More