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University Bridge Residences Closes On $231 Million In Bond Financing

University Bridge Residences Closes On $231 Million In Bond Financing

October 1, 2018

University Bridge GP, LLC, a partnership between between Miami-based Global City Development, RER Ventures and Toronto-based Podium Developments that is developing the off-campus 20-story student housing rental tower University Bridge Residences, has closed on a $231 million bond issuance.

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In Construction, Construction News, Construction Update, Doral, New Construction, News, Finance & Banking, Student Housing, Rentals Tags University Bridge Residences, Financing, Finance & Banking, Finance, Florida International University, FIU, Coastal Construction, Global City Development, Arquitectonica, Diego Procel, Christopher Kallivokas, University Bridge GP, RER Ventures, Podium Developments, Doral, Brian Pearl, New Construction, News, Construction News, Construction, Construction Update, Construction Loan
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Construction At OKO Group's Missoni Baia Goes Vertical In Edgewater

Construction At OKO Group's Missoni Baia Goes Vertical In Edgewater

September 29, 2018

OKO Group, the Miami-based development company founded by international real estate magnate and hotelier, Vladislav Doronin, has announced that the foundation work for Missoni Baia is now complete and construction crews have taken the tower vertical.

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In Construction, Construction News, Construction Update, Edgewater, New Construction, News Tags Missoni Baia, Missoni, OKO Group, News, Construction, Construction Update, Construction News, New Construction, Edgardo Defortuna, Vladislav Doronin, Jonathan Goldstein, Cain International, Fortune Development Sales, Edgewater, Featured
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Metronomic Place lobby.

Metronomic Place lobby.

Developer Celebrates Plans to Revitalize Coconut Grove with Groundbreaking at Metronomic Place

September 27, 2018

Miami-based development company Metronomic Inc., led by Ricky Trinidad, broke ground last Thursday for the new, mixed-use office, retail and hotel project on Grand Avenue in Coconut Grove. The groundbreaking ceremony for Metronomic Place was attended by commissioner Xavier Suarez and is set to spearhead the long-awaited revival of this corridor.

Developer Celebrates Plans to Revitalize Coconut Grove with Groundbreaking at Metronomic Place

The five-story building will have about 5,000 square-feet of Class A office space, 3,200 square-feet of ground floor retail space, and a 44-key boutique hotel. The lobby and hotel interior was developed by local firm One Design Build. Designer Hugo Mijares combined metal, concrete, wood and other raw elements to create a modern industrial design with Old American style. It will also feature an activated “green” rooftop with a pool and garden area that echo the natural aura Coconut Grove in known for. Metronomic Place has an estimated completion date of Winter 2019.

Ricky Trinidad, President of Metronomic, Inc., is a developer and resident himself in West Coconut Grove, and has deep roots to the community. He hopes the project will enhance the vitality of Coconut Grove’s commercial and entertainment core.

He also just closed on a 7,200 square-foot site at 3110 Commodore Plaza called Commodore Place. The boutique hotel will offer loft-style, short-term suites with attractive amenities, a rooftop pool and garden deck area, and a two-story duplexed retail venue on the first floor.

Renderings for Commodore Place.

Renderings for Commodore Place.

Miguel Pinto of Apex Capital Realty brokered the deal and represented Metronomic Inc. Like Ricky, Miguel is focused on working on projects and deals that enhance communities and positively impact the commercial real estate industry.

As part of Metronomic’s larger plan to revitalize Grand Avenue, they also have over ten new construction projects in the works in Coconut Grove. This includes a large-scale comprehensive development of multiple properties of mixed-income, affordable housing, retail, office, park plazas, and sustainable living concepts.


Article by: Katya Demina

In Coconut Grove, Commercial, Construction, Hotels, Mixed Use, New Construction, Office Space, Retail Tags Metronomic Inc., Ricky Trinidad, Xavier Suarez, Metronomic Place, One Design Build, Hugo Mijares, Coconut Grove, 3110 Commodore Plaza, Commodore Place, Miguel Pinto, Apex Capital Realty, Grand Avenue, Katya Demina
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Construction Underway At The Perkins + Will-Designed 1212 Lincoln

September 16, 2018

Construction is now underway at Crescent Height’s Perkins + Will-designed 1212 Lincoln in South Beach where construction crews have already begun foundation work. The project will feature 70,000 SF of retail including a brand new Wells Fargo Bank and over 400 parking spaces. A second phase on the adjacent lot will bring a 50-room CitizenM hotel, additional retail and a food court. 1212 Lincoln will help expand Lincoln Road across Alton Road westward. 

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In Construction Update, Retail, Miami Beach, New Construction, News, South Beach, Construction, Construction News, Commercial Tags Construction News, South Beach, Crescent Heights, Retail, New Construction, Construction, Perkins + Will, Construction Update, News, Lincoln Road, 1212 Lincoln Road, Miami Beach, Commercial
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The Borges Architects + Associates-Designed Megacenter Brickell Gearing Up To Break Ground

The Borges Architects + Associates-Designed Megacenter Brickell Gearing Up To Go Vertical

September 12, 2018

Megacenter Brickell is gearing up to go vertical as foundation work is nearing completion and the developer has filed with the FAA for crane installation. Megacenter Brickell is being developed by Red Megacentro and is designed by Reinaldo Borges of Borges Architects + Associates.

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In Commercial, Construction, Construction News, Construction Update, Brickell, New Construction, News, Office Space, Retail, Storage Tags Borges + Associates Architects, Reinaldo Borges, Megacenter Brickell, 420 SW 7th Street, Red Megacentro, Brickell, New Construction, Construction Update, Construction, Construction News, Commercial, Storage, Office Space, Retail
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Check Out ZOM's Newly Opened Stantec-Designed Solitair In Brickell

Check Out ZOM's Newly Opened Stantec-Designed Solitair In Brickell

September 4, 2018

ZOM Living's new Stantec-designed Solitair is now open in Brickell after breaking ground in 2015. Solitair is located directly across the street from Brickell City Centre at 86 SW 8th Street. The 50-story tower, which broke ground in 2015, features a design inspired by the Medjool date palm tree.

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In Brickell, Construction, Construction News, Construction Update, Design, New Construction, News, Rentals, Commercial, Retail Tags Brickell, News, Construction, Construction Update, Construction News, Solitair, Zom, ZOM Living, Stantec, Design, New Construction, Commercial, Retail, Rentals, Apartments, Apartment Rentals
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Caoba Miami Worldcenter Reveals New Renderings As Tower Powers Towards Completion

CAOBA Miami Worldcenter Reveals New Renderings As Tower Powers Towards Completion

August 30, 2018

CAOBA Miami Worldcenter has revealed new renderings and launched a website in anticipation of the buildings upcoming completion. CAOBA’s market-rate rental apartments range in size from 500 SF studios to 1,300 SF 3-bedroom floor plans.

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In Construction, Construction News, Construction Update, Commercial, Downtown, News, New Construction, Rentals, Retail Tags CAOBA, CAOBA Miami Worldcenter, Miami Worldcenter, CIM Group, Art Falcone, Falcone Group, Construction, Construction Update, Construction News, News, Downtown, Park West, Seventh Street Apartments, Rentals, Apartments, Apartment Rentals, Commercial, Retail, New Construction
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Adler Group & 13th Floor Investments Propose Link at Douglas At Douglas Road Metrorail Station

Adler Group & 13th Floor Investments Propose Link at Douglas At Douglas Road Metrorail Station

August 29, 2018

Adler Group and 13th Floor Investments have submitted plans for Link at Douglas to Miami-Dade County, representing the first step of their multi-phase plan bring a mixed-use development to the Douglas Metrorail Station.

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In Construction, Construction News, Construction Update, Coral Gables, Commercial, Retail, New Construction Tags Adler Group, 13th Floor Investments, Link at Douglas, Douglas Metrorail Station, Arquitectonica, Coral Gables, New Construction, Construction Update, Construction, Construction News, Commercial, Retail
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The 1.2 Million SF Zyscovich Architects-Designed Aventura ParkSquare Receives TCO

The 1.2 Million SF Zyscovich Architects-Designed Aventura ParkSquare Receives TCO

August 28, 2018

Aventura ParkSquare has received its Temporary Certificates of Occupancy (TCO) from Miami-Dade County as the mixed-use projects gears up to open to residents and commercial tenants. Aventura ParkSquare is being developed by Integra Investments and was revealed in 2014 before breaking ground in 2016.

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In Aventura, Construction, Construction News, Construction Update, Commercial, Hotels, Medical, Mixed Use, New Construction, News, Office Space, Retail Tags Zyscovich Architects, Aventura, Aventura ParkSquare, News, Construction Update, Construction News, Construction, New Construction, Aloft Hotel, Aloft, Commercial, Mixed Use, Starbucks, Doc B's, Barry's Bootcamp, Delicious Raw Kitchen and Juice Bar, Integra Investments, TCO, Temporary Certificate of Occupancy, Retail, Office Space, Medical, Hotel, Hotels
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Miami's UDRB Approves The 224-Unit Altis For Little Havana

Miami's UDRB Approves The 224-Unit Altis For Little Havana

August 26, 2018

Miami's Urban Development Review Board (UDRB) has approved the 224-unit Altis at 2100 SW 8th Street in Little Havana. The project will rise 8 stories and will feature 224 apartment rentals, 351 parking spaces and ground floor retail.

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In Construction, Construction News, Construction Update, Little Havana, New Construction, News, Rentals Tags UDRB, Miami Urban Development Review Board, Altis, Anillo Toledo Lopez, Altman Development Corporation, Little Havana, New Construction, Apartment Rentals, Pre-Construction, News, Construction News, Construction, Construction Update
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