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3-Story Food Hall Planned For Aventura

Aventura Food Hall Planned For 2777 N.E. 185th St_Image Credit Architectonica 1170x435

An affiliate of Cabi Developers is planning to build a three-story food hall on a vacant site in Aventura.

The developer filed an application with city officials concerning the 1.45-acre site at 2777 N.E. 185th St. The developer acquired the property for $5.77 million in 2007. It’s located behind the Walgreens and Wild Fork Food stores.

The development design for a retail and restaurant establishment with both indoor and outdoor dining space is being modified by Cabi. On the ground floor alone, plans include various restaurants with a combined indoor space of 14,091 square feet, plus extra space on the second and third floors, according to the preliminary site plan by Miami-based Arquitectonica. A drop-off area and a modest parking garage would be present.

The food hall, dubbed L’Isola, will include select restaurants and vendors with a varied selection of international cuisine, as well as a rooftop restaurant and cocktail lounge, according to Miami-based attorney Brian S. Adler, who represents the developer in the application. He stated that there would be 19,200 square feet of internal area, in addition to rooftop and outdoor eating.

 

Source:  SFBJ

 

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Two Mixed-Use Projects Proposed In Wynwood, With Green & Wood Exteriors

W9183 1170x435

Plans for a pair of new mixed-use projects have been filed in Wynwood.

The project names are listed as W2 & W9183 in the submittals.

W9183 is proposed to rise 5 stories and include:

  • 34 residential units
  • 5,250 square feet of ground floor retail space
  • activated rooftop
  • no onsite parking, six offsite spaces (reduced by payment into the Wynwood Parking Trust Fund)

Architectural materials will include green aluminum railings, green metal architectural frame, engineered wooden ceilings, green stucco with scorelines, green mullion, grey tinted glass (upper levels), and clear glass (ground floor).

W2 is proposed to rise 5 stories and include:

  • 34 residential units
  • 5,250 square feet of ground floor retail space
  • activated rooftop
  • no onsite parking, six offsite spaces (reduced by payment into the Wynwood Parking Trust Fund)

Architectural materials will include white aluminum railings, wooden architectural frame, engineered wooden ceilings, dark stucco with scorelines, white mullion, grey tinted glass (upper levels), and clear glass (ground floor).

Arquitectonica is the architect for both projects.

A hearing before the Wynwood Design Review Committee was scheduled for July 18.

Kushner and Block Capital are shown on the submittal package as the developers.

 

Source: The Next Miami

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Mixed-Use Building To Rise Where Wynwood And Edgewater Meet

A 12-story mixed-use residential building is planned for a site where Wynwood meets Edgewater in Miami.

Developer Wynwood Owner LLC is proposing the project, 2100 NMA, at 2100 N Miami Ave.

The building will be home to 339 residential units with amenities, and about 407 on-site parking spaces and five on-street parking spaces.

The city’s Urban Development Review Board unanimously recommended approval.

Along with the residential uses, the building is to include 25,653 square feet of retail and 18,713 square feet of amenities.

Carli Koshal, an attorney representing the developer, said the property at the northwest corner of North Miami Avenue and Northwest 21st Street is 65,842 square feet, or 1.512 acres. The structure will amount to 503,000 square feet of floor area.

The developer is requesting zoning code waivers to allow:

  • A 30% reduction in required parking spaces within a transit corridor
  • Up to 10% increase related to lot coverage
  • Up to a 10% increase related to setbacks above the eighth floor along Northwest Miami Court
  • Up to a 10% increase in floorplate length and floorplate area
  • Substitution of two residential loading berths for one commercial berth
  • Spacing of vehicular entries along Northwest First Avenue

Ms. Koshal told the board the property was rezoned to permit structures of this size and mass.

Arquitectonica is the architect.

 

Source:  Miami Today

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New Design Submitted For 2000 Wynwood

New plans have just been sent to Miami’s Wynwood Design Review Committee for an apartment building in Wynwood.

Previously, plans for the site were submitted to the UDRB for project with a similar unit count.

The new plans show that the 12-story project is now proposed to include:

  • 310 residential units
  • 9,416 square feet of retail
  • 308 parking spaces

The parking garage is lined on three sides with residential. There were 5 walk-up residential units on the ground floor in the previous plan which have been removed.

Leo A Daly is now the architect. Arquitectonica was the architect for the first submittal.

The developer is Clearline Real Estate.

In February, the developer signed a deal for water and sewer utilities for 310 apartments, 1,000 square feet of full service restaurant, and 8,300 square feet of retail.

The WDRC hearing is scheduled for June 20.

 

Source:  The Next Miami

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Mast Capital, Rockpoint Underway On Nine-Story Multifamily Project In Miami Beach

Mast Capital, in partnership with Rockpoint, is underway on a nine-story, 178-unit multifamily development located at 3900 Alton Road in Miami Beach.

Designed by Arquitectonica, the unnamed apartment community will consist of units ranging from studios to three-bedroom apartments sized from 560 square feet to 1,410 square feet.

Amenities will include an elevated pool deck, barbecue area, outdoor gaming area, fitness and yoga studio, resident lounge, coworking spaces and a pet washing station.

After securing a $64 million construction loan from PNC Bank in Nov. 2022, Mast Capital and Rockpoint broke ground on the development in February 2023 and plan to open the community by fall 2024.

 

Source:  RE Business

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Tricera Capital, Related Group Announce Schonfeld Strategic Advisors Lease Expansion At Wynwood’s The Dorsey

Tricera Capital, the Miami-based commercial real estate firm led by Ben Mandell, Alex Karakhanian’s LNDMRK Development and market leader Related Group finalized a lease expansion with New York-based hedge fund Schonfeld Strategic Advisors at the partnership’s Dorsey in the Wynwood neighborhood.

Schonfeld is doubling its office space at the Dorsey, adding a second floor to its previous lease at the mixed-use development. The lease expansion brings the Dorsey’s office component to 100-percent occupancy.

The roughly 18,000-square-foot lease expansion brings Schonfeld’s total Dorsey footprint to about 37,000 square feet. Terms of the lease were not disclosed.

“This is a testament to the quality of not only the Dorsey, but the Wynwood neighborhood as a whole,” Related President Jon Paul Perez said. “Firms like these can go anywhere in South Florida, but Wynwood is at the top of every list. The neighborhood has truly hit its stride and we look forward to continuing to drive its thoughtful growth.”

Tricera, LNDMRK and Related teamed up to develop the Dorsey, with renowned Arquitectonica designing the project. The property includes more than 300 apartments, 78,000 square feet of office, 33,000 square feet of retail and ample parking and open space.

“This is another example of high-profile financial firms showing their commitment to the Miami office market, with Wynwood remaining especially attractive to these firms,” Tricera President/Head of Leasing Dustin Ballard said. “The pandemic-era corporate migration to South Florida continues to take shape, as our region’s office sector keeps outperforming other major U.S. metropolitan areas. Relocation demand is still incredibly high as we begin 2023.”

Randy Abend and Paul Mas of JLL’s New York office and Matthew Goodman, formerly with JLL’s Miami office, represented Schonfeld in the Dorsey lease, while Cameron Tallon, Emily Brais, Eric Groffman and Randy Carballo of CBRE represented ownership.

 

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Construction Permits Filed At High-Tech Lynq Wynwood Office Campus

A construction permit application has been submitted to Miami’s Building Department for the Lynq Wynwood office complex (formerly knows as Wyn on 5th).

The developers have previously said the project would be the most high-tech office campus in Miami.

The project consists of a north and south building  across the street from each other, both at 8-stories. The two buildings will have a combined 36,000 square feet of ground floor retail space, and 331,000 square feet of office space. Each building will also have an enclosed parking garage, with 370 spaces in the south garage and 265 spaces in the north garage.

According to a May press release, the developers secured the necessary approvals to proceed with construction of the buildings. The project was reviewed by the Wynwood Design Review Committee and the Urban Design Review Board in February and March.

The full construction permits are in pre-screening with Miami’s Building Department since July 22, meaning that the plan sheets have yet to be filed. The developer is opting to use a private reviewer to expedite the process, the permit shows.

Juneau Construction Company is listed as the contractor.

DERM records show that permits were also filed in late July for drainage wells at both the north and south tower construction sites.

RAL Development and TriStar Capital are the developers. Arquitectonica is the architect.

 

Source:  The Next Miami

 

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Hyatt Proposes Massive Mixed-Use Project In Downtown Miami

Hyatt Hotels and Miami-based developer Gencom unveiled plans this week to transform the waterfront site of the Miami Hyatt Regency into a massive luxury mixed-use project.

The proposal, designed by Arquitectonica, features three skyscrapers. One tower will hold a Hyatt hotel, featuring 615 rooms and 264 serviced apartments. The two others will function as residential buildings, housing 1,542 rental apartments in total.

The three structures will sit atop a podium that will have 190,000 square feet for large gatherings such as conferences, 12,000 square feet for retail, 20,000 square feet for coworking offices and 1,100 parking spots, according to the joint venture. The project will also include a 50,000-square-foot public park, portions of which would face the Miami River.

The current development, located at 400 SE Second Avenue adjacent to Brickell Avenue, was built in 1982 through a city-approved ground lease. It holds the James L. Knight Center theater and a Hyatt hotel, both of which will be demolished if the proposal is approved.

“Our team’s privately financed upgrades will help ensure the Hyatt hotel site remains a critical economic engine for decades to come,” Phil Keb, executive vice president of development at Gencom, said in a statement.

Back in 2018, Hyatt proposed another redevelopment project that never got underway. With the current ground lease set to expire in 2027, the joint venture is seeking to extend the lease from 45 to 99 years.

To secure approvals for the project and the revised lease, the Miami City Commission must first OK the plans. Afterward, Miami voters would have the final say when the proposal is placed on the ballot this November.

If approved by a simple majority, construction would commence in 2025 and take about four years to complete, according to a spokesperson for the joint venture.

 

Source:  Commercial Observer

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Related Group, W5 Group Break Ground On Quarters Wynwood Co-Living Development

The Related Group and W5 Group have broken ground on Quarters Wynwood, a new co-living development coming to Miami’s hot Wynwood neighborhood, after the developers locked down a $29 million construction loan.

The building, which will be located at 33 NW 28th St., will feature shared living spaces and residents will rent bedrooms in shared apartments. The financing was provided by the Chicago-based MP Real Estate Capital and the property will be managed by Quarters, a Berlin-based co-living operator.

Quarters Wynwood is designed by Arquitectonica and will feature 63 apartments with 217 full furnished co-living bedrooms. Amenities will include a rooftop pool deck, fitness center, co-working spaces. The project will also bring 3,852 square feet of ground floor retail.

 

Source:  ProfileMiami

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Related Scores $88M Construction Loan For Dorsey Project In Wynwood

The Related Group and its partners secured an $87.5 million construction loan for the Dorsey project in Wynwood.

Bank OZK provided the financing for the 12-story mixed-use development planned for Northwest Third Avenue between 28th and 29th streets. Related, Alex Karakhanian’s Lndmrk Development and Tricera Capital are partnering to develop the project.

The Dorsey will include 306 apartments, with a majority between 500 square feet and 620 square feet, with some as small as 400 square feet. The commercial space will be divided into about 33,000 square feet of retail and 78,000 square feet of office. The project will also run along a planned woonerf, a Dutch-inspired pedestrian-friendly street. The Related joint venture secured approval for the project from the Miami Urban Development Review Board in late 2019. Arquitectonica is the architect.

Monthly rents are expected to range between $1,800 and $3,900. Amenities will include a gym with a yoga studio and spa, a courtyard, recreation area for pets and a garage, according to a spokesperson.

Karakhanian said the building is expected to be delivered in about 20 months. Construction began this month.

Weck 29 LLC paid $32 million for the assemblage in September 2019. Affiliated companies secured the loan.

Related has been active in Wynwood, where Jon Paul Pérez, newly minted president of the firm, has taken the helm.

 

Source:  The Real Deal

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