Tag Archives: construction in miami

Pullman Airport New Development in Miami

New 600-Unit Apartment Development Planned at Pullman Miami Airport Hotel Site

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Pullman Airport New Development in Miami

London + Regional Properties, operating through its subsidiary LR Miami Airport Hotel, LLC, recently submitted an Administrative Site Plan Review (ASPR) application to Miami-Dade County on October 24th, revealing plans for a new residential project at the Pullman Miami Airport Hotel site at 5800 Blue Lagoon Drive. This ambitious proposal includes two eight-story mixed-use buildings on the hotel’s current parking lot, bringing 600 new residential units to the area. The developer initially purchased this 10-acre property, which houses a 15-story hotel with 281 rooms, back in 2019.

The development envisions two distinct buildings, each housing approximately 300 units with sizes varying from 570 to 1,718 square feet, spanning studio, one-, two-, and three-bedroom layouts. Key features include three parking structures totaling 1,344 spaces, with 1,020 spaces allocated for the apartments and 324 reserved for hotel guests. Additionally, the parking facility closest to the hotel will incorporate 6,000 square feet of ground-floor retail space. Residents will also have access to two pool and clubhouse areas, measuring 6,200 and 4,900 square feet, respectively.

The east building will contain 319 units across its eight floors, with:

  • 32 studio units averaging 578 sq. ft.
  • 191 one-bedroom units averaging 803 sq. ft.
  • 90 two-bedroom units averaging 1,093 sq. ft.
  • 6 three-bedroom units averaging 1,380 sq. ft.

The total leasable area for this building is projected at 278,600 square feet. The parking plan includes 452 spaces, divided into ADA, van, and standard spots, with a consistent distribution of 30 to 42 units per floor featuring a variety of floor plans.

The west building will offer 281 units across eight floors, comprising:

  • 32 studio units averaging 561 sq. ft.
  • 151 one-bedroom units averaging 768 sq. ft.
  • 98 two-bedroom units averaging 1,108 sq. ft.

The total leasable space here will cover 242,492 square feet, and parking will be available in the form of 420 spaces, including 8 ADA-accessible spaces, with no compact or tandem options.

An essential component of the ASPR application includes a request to adjust the site’s inclusion in the Blue Lagoon Development of Regional Impact (DRI) to align with the project’s goals. The developer is pursuing variances to amend zoning conditions, particularly regarding parking and setback regulations, to better accommodate the new residential structures. Designed as a transit-oriented development under the Miami-Dade County SMART Corridor Subzone guidelines, this project is strategically located within a quarter-mile of the East-West Corridor of the SMART Program.

London + Regional Properties has partnered with an experienced development team to execute this project:

  • Architect: Bizi Arq, based in Palmetto Bay
  • Civil Engineer: Hadonne
  • Landscape Architect: Kimley-Horn
  • Traffic Consultant: Traf Tech Engineering, Inc.

The project application further requests an exception to continue hotel operations during construction, emphasizing a smooth transition to accommodate both current and new uses.

This proposal, if approved, will transform the existing Pullman Miami Airport Hotel site into a modern mixed-use destination, enhancing residential options and bringing convenient transit and lifestyle amenities to Miami’s Blue Lagoon area.

River District 14

River District 14 Secures $77.8 Million Construction Financing

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River District 14

River District 14, a luxury development in the heart of Miami, has secured a significant financial milestone. Forman Capital has granted a $77,805,708 construction loan to an affiliate of Alta Development, marking a key step forward for the highly anticipated project.

The development will feature two 16-story towers with a total of 283 fully furnished condo units. Designed with flexibility in mind, these units will allow for short-term rentals, catering to a growing demand among investors and residents alike.

With more than 50% of the units already sold, River District 14 is proving to be a hot commodity in today’s thriving real estate market. Forman Capital’s Chief Investment Officer and Principal, Scott Mehlman, expressed optimism about the development’s potential. “The new construction condominium market continues to sizzle, and residences built for short-term rentals have proven to really resonate with buyers,” he said. “Based on initial sales at River District 14, I think this will be a major success.”

Construction is expected to begin before the end of the year, setting the stage for another standout addition to the city’s skyline.

Solina Bay Harbor Pool Deck

Solina Bay Harbor Celebrates Major Milestone as Construction Begins Following Over 50% Sales

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Solina Bay Harbor Miami

Solina Bay Harbor, a boutique condominium development by RedHoek+, has officially commenced construction after surpassing the 50% sales milestone within just six months. Located at 1055 93rd Street in the heart of Bay Harbor Islands, this highly anticipated project promises to redefine the standard of luxury living in the area. Spearheading the sales and marketing efforts, Powered by DMT, in collaboration with The INSIDE Network, has helped the development achieve significant international interest.

Alyssa Soto Brody, Co-Founder of Powered by DMT, expressed her excitement about the rapid sales success, “We’ve seen tremendous interest in Solina Bay Harbor from buyers around the world. The development’s blend of exclusivity, modern design, and prime location in Bay Harbor Islands has resonated strongly with both local and international buyers looking for a luxury home in South Florida. This global interest speaks to the unique appeal of the building and the quality of life it offers.”

Designed by the acclaimed team of CLA+D, Pliskin Architecture (PANYC), and FAB314, Solina Bay Harbor will introduce nine bespoke residences, including two penthouse villas. These residences range from 1,400 to 2,600 square feet with two-, three-, and four-bedroom configurations. With only one or two residences per floor, Solina Bay Harbor ensures an intimate living experience, underscored by premium finishes and high-end appliance packages. This commitment to luxury will attract those seeking privacy in a serene yet upscale environment.

The development’s amenities are equally impressive, featuring a pool with a summer kitchen, a fitness center, a tranquil courtyard, and a meticulously designed lobby. Residents will also benefit from covered parking, combining both convenience and opulence.

Lee Cohen, CEO of RedHoek+, shared his enthusiasm for the milestone:
“We are thrilled to reach this pivotal moment in the development of Solina Bay Harbor. The overwhelming interest and sales success so far reflect the demand for high-quality, thoughtfully designed residences in the coveted Bay Harbor neighborhood.”

This project is the result of RedHoek+’s inspiration drawn from the growing synergy between New York City and Miami. The firm identified a shared set of values between these urban environments—vibrant culture, diverse communities, and a commitment to preserving the local character. With its first venture in South Florida proving successful, RedHoek+ is already planning its second project in Bay Harbor Islands, solidifying its presence in the region’s luxury real estate market.

The completion of Solina Bay Harbor is expected by Q4 2025, marking a new era of boutique luxury living in Bay Harbor Islands. As the development progresses, it continues to attract discerning buyers from across the globe who are eager to experience this one-of-a-kind property.

Miami Freedom Park

The Future of Inter Miami: Miami Freedom Park

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Miami Freedom Park

As the anticipation builds for the 2026 MLS season, soccer fans in Miami have a lot to look forward to with the upcoming opening of Miami Freedom Park, the new home of Inter Miami CF. While the stadium is still under construction, the project received a significant boost from the State of Florida, further solidifying its importance to the local community and beyond.

Governor Ron DeSantis made headlines recently with an announcement at Inter Miami’s temporary home, Chase Stadium in Fort Lauderdale. The governor revealed that the State of Florida would be granting $8 million to Miami-Dade County to support infrastructure improvements around the new stadium site. This funding is earmarked specifically for constructing roadways that will alleviate traffic congestion, an essential consideration given the stadium’s proximity to Miami International Airport.

The governor’s remarks highlight the state’s strategic approach to supporting large-scale projects like Miami Freedom Park. While direct funding for the stadium’s construction isn’t on the table, the investment in infrastructure underscores the state’s commitment to ensuring the success of such ventures.

Miami Freedom Park isn’t just about soccer; it’s a vision for a multifaceted community space that includes a 26,700-seat stadium, a 58-acre park, hotels, offices, retail, and entertainment venues. Inter Miami managing owner Jorge Mas emphasized this broader vision during the announcement, calling the project “transformational” for Miami.

The project is set to create over 13,000 direct and indirect jobs and generate more than $40 million in tax revenue for state and local governments. In addition to the stadium, the project promises to deliver the largest park in the City of Miami, offering a significant recreational space for residents.

The journey to Miami Freedom Park has been a long and challenging one for the Mas brothers and co-owner David Beckham. After years of political hurdles and delays, the City of Miami finally approved the $1 billion project in April 2022. The stadium is being built on the site of the former Melreese Golf Course, a location that will soon transform into a vibrant hub for sports and entertainment.

Inter Miami CF has already made waves in the soccer world, especially with the signing of Argentine superstar Lionel Messi. The arrival of Messi, along with other top talents like Sergio Busquets and Jordi Alba, has catapulted the team into the global spotlight, raising expectations for what lies ahead.

Governor DeSantis acknowledged the impact of these signings, noting, “What we’ve seen in soccer in South Florida has been incredible, especially when they brought Messi on. That was like the biggest thing ever, having a global superstar like that right here is a really big deal for our community.”

As Miami Freedom Park nears completion, the excitement continues to build. With its opening scheduled for the 2026 MLS season, the stadium will not only serve as the new home for Inter Miami but also as a key venue for the 2026 World Cup, which the United States will co-host. The future looks bright for soccer in Miami, and Miami Freedom Park is set to be at the heart of it all, driving both the sport and the local economy to new heights.

M-Tower in Miami

M-Tower’s Expansion: Meeting Miami’s Rising Residential Demand

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M-Tower in Miami

Miami Dade’s Water and Sewer Department has recently agreed to provide utilities for additional units beyond what was initially planned for M-Tower, a 57-story residential building situated at 56 Southwest 1st Street in downtown Miami. This revision reflects a growing demand for residential space in the heart of Miami, and the project aligns with the city’s vision for urban development.

In early July, a revised utility agreement was recorded, now stating that the M-Tower development will encompass 765 apartments, 4,708 square feet of retail space, and 5,000 square feet for a full-service restaurant. This is a notable increase from the previously planned 675 apartments, adding 90 more units to the development.

This increase in density highlights the growing demand for residential spaces in downtown Miami. The city’s vision for urban development is further realized through such projects, encouraging more people to live in the city center and fostering a vibrant urban community.

M-Tower is being developed by Lions Group NYC and Fortis Design + Build, operating under Downtown 1st St LLC. The tower, designed by Nichols Architects, will rise 57 stories across the sites at 56 and 70 Southwest 1st Street, near Miami’s Government Center. The project also involves Naturalficial as the landscape architect and Kimley-Horn as the civil engineer.

A key feature of M-Tower is its public parking garage, which will offer nearly 700 spaces, alongside commercial and retail spaces at the ground floor level. The building’s design and amenities aim to enhance the overall streetscape and living experience for residents.

The residential units within M-Tower will offer a mix of studio, one-bedroom, and two-bedroom apartments. The ninth floor is set to host an array of amenities, including a landscaped outdoor deck featuring two pools. Additionally, the project will incorporate integrated art murals for the eight-story parking garage, selected by the Miami Parking Authority, adding a cultural touch to the structure.

The Federal Aviation Administration (FAA) approved permits for M-Tower in early July, allowing the building to reach 605 feet above ground or 615 feet above mean sea level. These permits, approved on July 2, 2024, are valid until January 1, 2026.

Total demolition permits have already been approved and issued for the sites at 56 and 70 Southwest 1st Street. The BG Group LLC is listed as the contractor for this demolition work, estimated to cost approximately $505,000. The site previously housed a 56-year-old municipal parking garage, which will be demolished to make way for the new development.

The expansion of M-Tower marks a significant step in addressing Miami’s growing residential needs. With its modern design, strategic location, and comprehensive amenities, M-Tower is set to become a landmark in downtown Miami’s urban landscape. This project not only caters to the increasing demand for residential units but also contributes to the city’s vision of a dynamic and integrated urban community.

Watson Harbour Promenade

Shaping the Future of Watson Island-Miami Voters to Decide on Watson Harbour Project

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Watson Harbour Promenade

Miami residents will now be able to cast their votes on the approval of the Watson Harbour project, a new mixed-use development proposed for the south side of Watson Island. This ambitious project, set to enhance one of South Florida’s prime waterfront areas, includes plans for hotels, retail outlets, offices, residences, dining options, and expansive public spaces, all strategically located on Biscayne Bay between Downtown Miami and Miami Beach.

The developers, BH3 Management and Merrimac Ventures, acquired the 10.8-acre site at 888 Macarthur Causeway in 2023. They have developed a privately funded proposal to revitalize the area, featuring:

  • Two luxury hotels
  • Retail spaces for shopping and dining
  • Office buildings and residential units
  • A 2.2-acre public promenade along Biscayne Bay
  • Green spaces and a maritime museum
  • Infrastructure and resiliency upgrades

The project is expected to generate substantial economic benefits, including several million dollars in additional tax revenue for Miami. It also promises a wide range of community benefits, such as:

  • Employment opportunities for residents from underserved communities
  • Retail spaces allocated for nonprofit organizations
  • Infrastructure improvements on City-owned properties
  • A $9 million contribution towards affordable housing and public infrastructure

Watson Harbour will include several sustainability measures to protect and enhance the local environment, such as:

  • A seawall built above base flood elevation standards
  • Planting of native flora and expansion of the tree canopy
  • Energy-efficient LED and solar-powered lighting
  • An on-site stormwater management system designed to prevent pollution of Biscayne Bay

Greg Freedman and Daniel Lebensohn, Co-CEOs of BH3 Management, shared their excitement: “Watson Island is poised to become a vibrant destination for all, boosting Miami’s economy and offering a new gathering spot for the community. We’re honored to bring this vision to life and integrate Watson Harbour into the city’s fabric.”

Nitin Motwani and Dev Motwani, co-Managing Partners at Merrimac Ventures, emphasized the project’s focus on public spaces: “As Downtown Miami grows, the need for additional public spaces is clear. Our waterfront promenade will provide a beautiful new area for the community to enjoy. This project offers a chance to create a valuable asset for Miami, enhancing its resilience and appeal.”

The proposal will be presented to voters during the 2024 General Election on November 5, with Early Voting starting in October. The ballot question will ask voters to approve amendments to the City Charter, including the sale of 3.2 acres of leased property at fair market value, reduction of overall development, and authorization of the project with no cost to the city.

Mercedes-Benz Launches Mercedes Benz Places

Foundation Pour Completed for Mercedes Benz Places Miami

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Construction Update for Mercedes Benz Places Miami

The foundation pour for the impressive 67-story Mercedes Benz Places Miami has been successfully completed, as announced by the developer on their social media account. This significant achievement sets the stage for the vertical construction, which is scheduled to commence in July.

The foundation pour took place in the last week, involving a colossal effort with over 10,000 cubic yards of concrete being transported to the site. This marks one of the largest concrete pours in the region, highlighting the scale and ambition of the project.

Mercedes Benz Places is not just another building; it is one of the largest developments currently under construction in Florida. The project spans an impressive 2.5 million square feet, making it a significant addition to the state’s skyline.

Upon completion, Mercedes Benz Places will feature 791 residential units, providing luxurious living spaces in the heart of the city. In addition to the residential units, the development will include office spaces, a hotel, retail outlets, and various amenity spaces, offering a comprehensive and vibrant community for its residents and visitors.

With the foundation pour now completed, all eyes are on the upcoming vertical construction phase set to begin in July. As the tower begins to rise, it will not only transform the skyline but also set new standards for mixed-use developments in the region.

Boasting 791 residences ranging from studios to three-bedroom condominiums, each unit offers panoramic views of Miami, Biscayne Bay, and the Atlantic Ocean. Beyond its residential offerings, the tower will feature 130,000 square feet of amenities and hospitality space, 200,000 square feet of office space, a 174-key hotel, retail outlets, and ample on-site parking.

What sets Mercedes-Benz Places apart is its commitment to innovation and sustainability. The project incorporates cutting-edge mobility solutions, including EV charging stations, valet parking, and bike-sharing programs, ensuring residents embrace a seamless urban lifestyle. Moreover, sustainability lies at the core of its design, with initiatives such as energy-efficient production and water conservation contributing to a greener, more eco-conscious community.

4241 Aurora Receives Approval for Construction

4241 Aurora Ushers in New Era of Upscale Living in Coral Gables

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4241 Aurora Receives Approval for Construction

The recent approval of 4241 Aurora, a new project by Miami’s renowned real estate developers Constellation Group and The Boschetti Group, presents a unique investment opportunity. This Mediterranean-style mixed-use development, masterfully designed by the globally acclaimed Arquitectonica, is strategically positioned at 4241 Aurora Street in Coral Gables’ innovative Design and Innovation District. This development not only signifies a successful navigation through a stringent approval process but also introduces an upscale, mixed-use residential and commercial hub in the thriving heart of Merrick Park, Coral Gables’ prime shopping and entertainment zone.

Eduardo Otaola, Managing Principal of Constellation Group, emphasizes that 4241 Aurora is set to become a vital asset in Merrick Park, enhancing the district’s growing allure as a global destination with high-end amenities including premier restaurants, educational institutions, parks, and international business hubs.

Jose Boschetti from The Boschetti Group highlights the project’s commitment to creating a dynamic environment that fuses luxury living with substantial business and community growth opportunities. This development is poised to be a significant addition to Coral Gables, contributing to the city’s legacy of excellence.

4241 Aurora offers an enticing composition of eight floors of luxury residential condos, coupled with three levels dedicated to parking, retail, and office spaces. The development, standing at 137.5 feet, will feature a 5,000 square-foot park with verdant landscaping, public art, and ground-floor retail overlooking Merrick Park.

The residential segment provides a range of condominiums from two-bedroom units of 1,016 sq. ft. to larger three-bedroom residences with dens of 1,860 sq. ft. Exclusive amenities include a grand lobby, a rooftop lounge for residents, a state-of-the-art fitness center, a swimming pool, a pickleball court, commercial retail spaces, and outdoor dining areas with grilling stations.

Projected to break ground in the second quarter of 2024, 4241 Aurora is a prominent addition to Constellation Group’s portfolio in South Florida. The firm’s current projects include a luxury boutique office building in Merrick Park, Ella Miami Beach – a 10-story boutique condominium in North Beach, and SeaGlass Cove – a luxury private enclave of 14 oceanfront single-family homes in the Florida Keys. These developments represent substantial investment opportunities in some of South Florida’s most desirable locations.

Namdar Towers Construction Update

Construction Update for Namdar Towers

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Namdar Towers in Downtown Miami

The recent approval of a phased vertical construction permit for Namdar Towers marks a significant development in the Miami real estate. This permit, green-lit on October 12 and issued the following day, sets in motion the construction of a prominent apartment tower in downtown Miami, a project initially proposed in October 2022.

This development is not just a construction project but a strategic investment opportunity. The first phase of construction includes a tower encompassing 680 multi-family rental units, complemented by 5,356 square feet of retail space and a substantial five-floor parking structure. While the main construction permit is still under review, the progress made indicates a strong potential for significant returns on investment.

Looking at the broader scope of the project, hedge fund managers should note the planned expansion to two 43-story towers, as per the UDRB filing. This expansion will further enhance the property’s value, offering a total of 1,394 apartments, 7,984 square feet of retail space, and 336 parking spaces. Such a large-scale development in a prime location like downtown Miami represents a lucrative opportunity for portfolio diversification and growth.

John Moriarty, a name associated with quality and reliability in construction, is the contractor on record for this permit. This association further underscores the project’s potential as a sound investment. For hedge fund managers seeking to expand their real estate holdings, this project offers a blend of scale, location, and quality, making it a noteworthy consideration for portfolio enhancement.

Baccarat Residences Miami Upper Penthouse Lounge

Construction Update for Baccarat Residences Miami

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Baccarat Residences Miami Upper Penthouse Terrace

Last week marked a pivotal moment for Miami’s real estate landscape as we witnessed the commencement of construction for the Baccarat Residences Miami, a development poised to redefine luxury living in the city. The groundbreaking ceremony, captured and shared through social media, has ignited conversations and anticipation among industry insiders and aficionados alike.

Baccarat Residences is on track to become an iconic fixture in Miami’s skyline, boasting an impressive stature of 75 stories, and soaring to a height of 848 feet above ground, or 852 feet above sea level. This monumental structure is set to eclipse the current record-holder, the Aston Martin Residences tower, which stands tall at 66 stories and 816 feet above ground, located just along the Miami River and nearing its completion.

Not too far from the site, the Waldorf Astoria is making its own mark, with construction well underway. This ambitious project is expected to reach a staggering 1,041 feet above ground, incorporating both hotel and residential components, offering a multifaceted luxury experience.

The city’s Building Department has been actively involved, issuing a site work permit for the Baccarat Residences in September, with the permit for full vertical construction currently under meticulous review.

John Moriarty, a name synonymous with excellence and precision in construction, has been entrusted as the contractor for this landmark project.

Adjacent to the Baccarat site, another development is taking shape. A 44-story tower, currently under construction, is set to house 506 apartments, further enriching Miami’s residential offerings.

For hedge fund managers and investors alike, the Baccarat Residences represent not just a pinnacle of luxury living, but also a strategic opportunity in one of Miami’s most sought-after locales. The project’s ambitious scale and prime location underscore Miami’s unwavering appeal and resilience, even in the face of ever-evolving market dynamics.