13th Floor Investments & Adler Group Complete Construction Of The Transit-Oriented Motion at Dadeland Apartments

13th Floor Investments and Adler Group have announced that the firms have completed construction of Motion at Dadeland, a transit-oriented, 294-unit luxury rental community that is adjacent to the Dadeland North Metrorail Station in South Miami, FL. The project is now is welcoming its first residents with the successful receipt of the development’s TCO. Motion at Dadeland was developed in collaboration with Miami-Dade County Transportation & Public Works in an effort to curb’s the city’s congestion issues by motivating people to live and work near transit. The project was also developed in partnership with Barings LLC, one of the world’s largest diversified real estate investment managers, which owns the property on behalf of institutional investors. Civic Construction acted as general contractor and played an instrumental role in executing the project on time and under budget while both TD Bank and Santander Bank provided the construction loan on the project.

“The Downtown Dadeland submarket has become one of Miami’s most appealing areas for residential living,” said Michael M. Adler, CEO of Adler Group. “Motion at Dadeland provides residents the ability to enjoy the Dadeland area in a modern residential community while being directly connected to Brickell and Downtown Miami via the Metrorail.”

Motion at Dadeland was designed by Corwil Architects and rises 25-stories, offering 294 rental apartments and just under 8,000 SF of retail space. The building is a vibrant and modern multifamily community of studio, one-, two-, and three- bedroom apartments located in the heart of Miami at 8400 South Dixie Highway, Miami, Florida. Motion at Dadeland is a class-A multifamily development featuring condo-quality finishes with sweeping views of Biscayne Bay and Downtown Miami. Amenities include a modern lobby, double height amenity level on the sixth floor, fully-equipped fitness center with bay and skyline views, expansive pool deck, poolside cabanas, communal sun loungers, covered seating, media room, party lounge and a co-working center for its residents.

“Motion at Dadeland perfectly embodies what today’s renters are looking for: quality, connectivity and community,” said Arnaud Karsenti, Managing Principal of 13th Floor Investments. “The success of this is project is a testament to what can be achieved through the collaboration of the public and private sectors. We appreciate the confidence that Miami-Dade County Department of Transportation and Public Works has shown in our partnership and in the future of transit-oriented development in Miami-Dade County.”

“Our partnerships with the private sector, transportation stakeholders and local governments have helped us to foster the development of transit-oriented projects, such as Motion at Dadeland,” said DTPW Director Alice N. Bravo, P.E. “Getting more people to live and work around transit is the ultimate solution for congestion because it helps grow ridership and creates more livable communities.”

Mike Zammitti, Head of U.S. Real Estate Private Equity at Barings noted, “Motion at Dadeland is a prime example of executing on our investment strategy - targeting class A development opportunities, in collaboration with best-in-class partners, in live-work-play locations within strong markets that are expected to outperform. Motion at Dadeland is an outstanding development and we look forward to our continued successful relationships with our partners in this endeavor.”

Tour This Glass Covered Architectural Gem Which Just Sold For $5 Million In South Miami

4700 SW 74th Street, a chic contemporary architectural gem that features vertical gardens and lush canopies of live oaks, has sold in South Miami for $5 million. ONE Sotheby’s represented both sides of the transaction with Ana Sanchez and Yedri Villafane representing the seller and Alina de la Vega representing the buyer. The home was designed by acclaimed architects O’Donnell Dannwolf & Partners who complimented the contemporary glass and steel design of the home with natural stack stone, woods, and water features. The estate features bright open spaces throughout and includes 6 beds and 6.5 baths within, built on a 34,408 SF lot is enhanced by the vertical gardens, designed by celebrated Venezuelan landscape architect, Andres Tabora, and an glittering infinity pool at the entry foyer. The home also include a fitness room, a cabana, outdoor kitchen, 3-car garage, stone and wood flooring, designer lighting and fixtures, multi-use spaces suitable for offices or spare bedrooms and spacious walk-in closets.

Photos via Lifestyle Production Group for ONE Sotheby’s International Realty

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South Miami Becomes First City in Florida to Mandate Solar Panels on New Homes

South Miami has become the first city in Florida to mandate solar panels on new homes, joining 3 cities in California including San Francisco as the only cities in the U.S. to implement the legislation. The mandate also applies to those seeing to increase the square footage of their home by 75% or more. The legislation states that there must be 2.75 kW for every 1,000 SF of roof space.   

“This is about my children and my grandchildren and your children and grandchildren. We are running out of time. It benefits everybody except auto companies and the utilities,” said South Miami Mayor Phillip Stoddard.

The mandate has been met with opposition from residents, developers and city officials alike, as some feel that it is another case of government overreach. Others argue that the new mandates push the cost of living higher, hurting affordable housing and development in the city.

“All over South Miami, houses are being torn down,”said South Miami City Commissioner Josh Liebman. “This is government bureaucracy on the most micro-level. We must protect freedom of choice.”

Stoddard has advocated for implementing renewable energy solutions and reducing carbon emissions to help combat environmental factors such as global warming and rising sea levels. The final vote is on July 18, 2017 and is expected to pass after city commissioners approved the legislation 4-1 in early July 2017. Tesla's sister company, Solarcity, headed by Elon Musk has made major inroads bringing renewable energy to consumers offering solar panels, an integrated "Solar Roof" that is blended into the roof shingles, and a Powerwall that acts as a generator. Images via Solarcity.