Disruptive Real Estate, led by Miami power broker Stefano Santoro, has brought a world-class development site in the heart of Miami’s prime bayside in Edgewater, primed for an ultra-luxury hotel or condo project. The property, located at 702 NE 26th St. is currently asking $6.6 million. Totaling 10,000 SF, the site’s favorable zoning, T6-36a-L allows for a variety of development uses with high density and building height.
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Clara Homes Receives Site Approval For Third Rental Building At Clara Bay Harbor
Clara Homes, a Miami-based real estate development firm founded by James Curnin, has received the approval for its third building and site plan at Clara Bay Harbor, a three-building ultra-luxury rental community in Miami's Bay Harbor neighborhood. Located from 10200 to 10290 East Bay Harbor Drive, the project's third and final six-story building will feature 77 expansive apartments as the largest of the three, spanning 1.3 acres.
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Terra and Lion Development Group Acquire Midtown Development Site For $40 Million
A joint venture between leading Miami-based developers Terra, led by David Martin, and Michael Simkins’ Lion Development Group, has closed on the $40 million purchase of a prime 1.6-acre piece of property located at 3501 NE 1st Avenue in Miami. Plans call for an iconic luxury condominium tower designed by Miami-based architect Arquitectonica and international design studio Yabu Pushelberg set to rise at the nexus of Miami’s most in-demand neighborhoods.
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FIRST ON PROFILE: Dubai-Based Developer DAMAC International Submits Pair Of Zaha Hadid Architect's Preliminary Designs For Surfside Development Site
FIRST ON PROFILE: DAMAC International, a Dubai-based luxury property developer led by Hussain Sajwani, it has submitted its application for planning approval to the Town of Surfside, incorporating Zaha Hadid Architects’ (ZHA) stunning design. Zaha Hadid Architects has produced a pair of design variations for a 12-story ultra-luxury boutique oceanfront condominium with 57 residences at 8777 Collins Avenue.
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Related Group and LNDMRK Acquire Three-Parcel Site In Edgewater For $12 Million
The Miami-based Related Group, along with partner Alex Karakhanian at LNDMRK, have acquired 18,000 sq. ft. land parcel encompassing three adjoining sites in Miami’s Edgewater neighborhood. Located at 519, 525, and 535 NE 29th Street, the land overlooks Biscayne Bay and provides easy access to MacArthur Bridge, connecting Edgewater to Miami Beach, and to I-195, leading north to Fort Lauderdale and Palm Beach. Related and LNDMRK paid $12 million for the largely undeveloped site.
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Rendering by Binyan Studios
FIRST ON PROFILE: Swire Properties Reveals One Island Drive Including 'The Residences at Mandarin Oriental, Miami' Set To Rise Over 800' On Brickell Key
FIRST ON PROFILE: Swire Properties has revealed the first official details of One Island Drive, an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant urban core. Surrounded by waterfront vistas, One Island Drive will be one of the crowning achievements of Swire Properties’ portfolio of world-class properties and is destined to be a defining landmark on the Miami skyline.
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Demolition Underway At Future Waterfront Site of Olara In West Palm Beach
Demotion has commenced on the future waterfront site of Olara in West Palm Beach, a luxury condominium tower that overlooks the Intracoastal Waterway. Olara is being developed by Savanna, a vertically integrated real estate investment and development firm with offices in New York and West Palm Beach. Set to transform he waterfront of North Flagler at 1919 North Flagler Drive, Olara will deliver premier condominium residences, 80,000 square feet of exclusive amenities.
Read MoreSwire Properties and Related Companies Commence Demolition On Future Site of One Brickell City Centre Supertall Office Tower
Swire Properties Inc. and Related Companies have commenced demolition on the site of the future One Brickell City Centre, an approximately 1,000-foot supertall tower that will be the tallest commercial building in Florida. On Thursday May 4 one of the buildings on the site was partially demolished with Miami Mayor Francis X. Suarez, Henry Bott, the President of Swire Properties and Stephen M. Ross, the Chairman and Founder of Related Companies in attendance.
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Image via Blue Water Drones
Merrimac Ventures and BH3 Management Join Forces For New Development on Watson Island
BH3 Management and Merrimac Ventures, two of South Florida’s leading development firms, have teamed up to execute the City of Miami’s long-held vision of a thriving destination on Watson Island. The joint venture will draw upon their deep local roots and collective expertise to bring to life 10.7 acres of land on the island, which is one of the most vital properties in South Florida, situated along Biscayne Bay midway between Downtown Miami and Miami Beach.
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Investment Group Led by David Martin Set To Acquire Former-Miami Herald Development Site For $1.225 Billion
SmartCity Miami LLC, an investment group led by Miami-based Terra and it’s CEO David Martin is set to acquire the former-Miami Herald headquarters development site for a record $1.225 billion from Genting Group. The investment group has finalized terms for the acquisition of the 15.5-acre site which features 800’ of direct frontage on Biscayne Bay, the closing is set to take place later this year.
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