Doral has been a hotspot for growth with intense demand for stable assets. Recently, Terra’s Doral Commons retail plaza sold to Jamestown, L.P. for a reported $71.6 milllon. The 140,000 SF shopping center was 95% leased at the time of sale with anchor tenant Publix Supermarket.
Read MoreUniversity Developments Unveils The Sales Gallery At University Bridge Residences
University Developments has officially unveiled their sales gallery after hosting a celebration in honor of the milestone on December 14, 2017. More than 150 of Miami-Dade’s leading real estate brokers, VIPs and community leaders joined the development team at its unique dome-shaped, contemporary sales center in welcoming Miami’s first student housing condominium
Read MoreEstate Investments Group Secures $52 Million in Construction Financing For Soleste Blue Lagoon
Estate Investments Group (EIG), one of South Florida’s most prolific multifamily developers, announced today that it has secured $52 million in construction financing for a new rental community in the Blue Lagoon neighborhood of West Miami (November 6, 2017). The loan was underwritten by Florida Community Bank (FCB), and will fund the development of the 330-unit Soleste Blue Lagoon rental community
Read MoreThe Arquitectonica-Designed University Bridge Residences Unveils New Renderings
University Bridge Residences is being developed by University Developments, a partnership between Miami-based Global City Development, Toronto-based Reichmann International and Toronto-based Podium Developments. University Bridge Residences, which is bing designed by architecture and interior design firm Arquitectonica, will rise 20 stories and feture 492-units.
Read MoreTerra Unveils Venus Williams' V STARR Interiors at the New Clubhouses at Modern Doral
Terra has chosen V STARR Interiors, owned by tennis icon and entrepreneur, Venus Williams, to design the clubhouses for Modern Doral. Modern Doral is a gated residential complex composed of three subdivisions located in Doral, Florida. V STARR Interiors designed three 2-story clubhouses, one for each subdivision, which start at 3,500 SF. The layouts for each clubhouse are different, yet share the same clean, open design, with standout furniture like a custom bookcase by RTI, a Fusion pool table, custom lighting, meeting areas, a fully-equipped fitness center, library, business center with media room and kitchenette, a swimming pool, spa, sun deck, BBQ gazebo areas, and spectacular lake views and bicycle trails.
“Our interiors are a modern representation of quintessential mid-century Miami and boast sculptural lighting, fun artwork and pops of color with cool open floor plans,” explains Venus Williams, CEO of V Starr Interiors. “These are family communities, so we have kids’ rooms in the club homes, which is distinct from past projects; there are Lego walls and custom murals by Jeffrey Noble that maintain the modern feeling.”
Developed by South Florida-based Terra, the unique master-planned community consists of 319 single-family luxury homes and approximately 150,000 SF of retail space featuring fine dining, eclectic shopping, and recreational environments. Construction of Modern Doral is well-underway and expected to be completed later this year (2017).
“When much of the world looks at South Florida real estate, they see high-rise condos, but this market is home to a range of product types catering to a diverse buyer base," explains Terra President and Co-Founder David Martin. "The sales success we've experienced at Modern Doral is a real-world example of the growing demand for design-oriented homes in desirable communities."
Check-Out University Bridge Residences, The 1st Student Housing Condo Project in Miami Near FIU
University Bridge Residences, near FIU, has launched as the first student housing condominium project in the Miami market. University Developments introduced plans for the purpose-built residential condo development for student tenants located across the street from the main campus of Florida International University (FIU). The residences will have direct connection to campus via the new 8th Street pedestrian bridge. University Bridge Residences will rise 20 floors and feature 492 units. Units range from 317 SF studios to 1,634 SF 4-bedroom units as well as 3-bedroom and 4 bedroom townhouses. Prices range from $190K to the high $600K's. Residences will feature en-suite bedroom's with bathrooms as well as in-unit washer and dryers. University Bridge Residences will offer a stunning amenity deck with a landscaped recreational area boasting a resort-style pool with beach entry and pool volleyball with lap area, cabanas, sun deck with daybeds, BBQ and dining areas, a state-of-the-art fitness room, 24-hour concierge and security, a 5,500 SF indoor lounge and game room, study rooms, conference rooms, business center, outdoor video screen, sunset terrace complete with dining areas, large yoga lawn and performance stage. To aid in residents’ academic pursuits, students will enjoy complete access to all university online tools directly from their condominium, just as if they were on campus. Completion is expected in 2020.
University Bridge Residences will serve the school’s rapidly growing student population’s housing demand as FIU is the 4th largest university in the United States by enrollment, with more than 55,000 students. Only a mere 8% of the student body lives in college owned, operated or affiliate housing. As part of the City of Sweetwater’s newly-designated University City, ownership of the units is open to all qualified buyers; however residents must be university affiliated. University Bridge Residences is being developed by University Developments, a partnership between Miami-based Global City Development, Toronto-based Reichmann International and Toronto-based Podium Developments. The project was designed by Arquitectonica and will be managed by Landmark Properties, one of the top US firms specialized in off-campus student housing.
“FIU has enjoyed tremendous growth in both students and reputation as one of the region’s top universities,” said Brian Pearl, principal of Global City Development. “As with many schools located within dense urban or suburban environments, there is a great need for housing. With its rapid growth, FIU has even more need than most, and we feel privileged to be part of the long-term solution.”
“This is a truly unique opportunity for condominium buyers looking to diversify their real estate portfolio,” said Alicia Cervera Lamadrid, Managing Partner and Principal of Cervera Real Estate, the exclusive sales and marketing brokerage for University Bridge Residences. “The project is ideally priced and the demand is compelling.”
A First Look Inside The Flats at CityPlace Doral, Related Group's Luxury Rental Apartments
Related Group has released never-seen-before photos of The Flats at CityPlace Doral, a hot new rental property in their master-planned, mixed-use complex. The Flats at CityPlace Doral is a rental building that currently has 28 different styles of studios, 1, 2 and 3-bedroom apartments available with prices ranging from $1,645 to $3,600 per month. Two other residential buildings in CityPlace Doral will include Oasis, contemporary-style, 4 and 5-bedroom single-family residences with a variety of unique features and options; and The Manor Apartments, a collection of nineteen studio, 1, 2, and 3-bedroom luxury apartments. CityPlace Doral was developed by The Related Group and opened in March 2017. The Arquitectonica designed master-planned, mixed-use community brings living, dining, entertainment and upscale shopping together. The project marks Related’s 2nd installment of their CityPlace brand and will feature 250,000 SF of retail space, including luxury living and more than 40 dining, shopping and entertainment destinations.