Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 38 years, announces that Peter Mekras, President of Aztec Group, has arranged $142 million in debt financing for Art Plaza in Miami, Florida, consisting of 667 rental apartments and 15,000 SF of retail space. This is the 10th loan Mekras has placed for Melo Group.
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Joint Venture Led By Related Group Reveals The Dorsey In Wynwood Designed By Arquitectonica
A joint venture between Jorge Perez’s Related Group, Alex Karakhanian, and Tricera Capital, led by Scott Sherman, have revealed plans for The Dorsey in Wynwood. The Dorsey is being designed by Arquitectonica and when complete will rise 12-stories and will feature 306 apartments, 35,858 SF of retail space and 58,760 SF of office space.
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Plans Submitted For Paraiso Place To Bring 279 Rental Apartments To Edgewater
Metro Edgewater, LLC., led by Colombian developer Carlos Ortiz, as submitted plans to Miami’s Urban Development Review Board for Paraiso Place, a 279-unit apartment building coming to the recently opened Paraiso district in Edgewater. A hearing has been scheduled for November 20, 2019.
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CIM Group & OneWorld Properties Go Vertical At Mixed-Use Wynwood Square
Two tower cranes are now installed at 2201 N Miami Ave. where CIM Group and Oneworld Properties have gone vertical with the Stantec-designed Wynwood Square. When complete the mixed-use development will feature 2 towers rising 12-stories complete with 257 residential rental apartments complete with a full suite of amenities, 60,000 SF of office space, 27,000 SF of ground floor retail and 480 parking spaces.
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NR Investments Reveals Zyscovich-Designed Tower Next To CANVAS
NR Investments, the developers of the successful CANVAS Condominium in Miami’s Arts & Entertainment District, has revealed a neighboring tower that was recently submitted to the FAA for review. Located at 70 NE 17th Street, the tower is being designed by Zyscovich Architects and will rise 370’ along with 4,500 SF of ground floor retail, 252 rental apartments, 38,307 SF of office space and 224 parking spaces.
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The Arquitectonica-Designed Short Term Rental Project Natiivo In Downtown Miami Reveals New Renderings
Harvey Hernandez’s Newgard Development’s NGD Homesharing and Russell Galbut’s Crescent Heights have revealed new renderings of the Arquitectonica-designed Natiivo, a 50-story tower planned in Downtown Miami next to Miami WorldCenter.
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Estates Investment Group Proposes Soleste Grand Central Apartments In Overtown
Estates Investment Group has proposed a Class A apartment building in Overtown which will be built in partnership with the Overtown and Park West Community Redevelopment Agency. The property, which is located at 218 NW 8th St., will be built on 1.23 acres of CRA owned land.
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From L-R: Stephen A. Blumenthal, Principal of Coral Rock Development Group; David Brown, Principal of Coral Rock Development Group; Michael Wohl, Principal of Coral Rock Development Group; Victor Brown, Principal of Coral Rock Development Group; City of Hialeah Mayor Carlos Hernandez; Oscar Rodriguez, Arena Capital Holdings; Hialeah City Council President Vivian Casals-Munoz; City of Hialeah Councilman Paul Hernandez; Ana Rodriguez, Arena Capital Holdings; and Sebastian Roiter, Arena Capital Holdings
Coral Rock Development Group & Arena Capital Holdings Break Ground On Pura Vida Hialeah
Miami-based Coral Rock Development Group and Arena Capital Holdings have broken ground on Pura Vida Hialeah, a nine-acre mixed-use project set to be the first of its kind in Hialeah in more than 20 years. When complete, the project will transform the area’s aging retail and residential offerings with the first new sleek contemporary designed vertical towers.
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Sunset Place Redevelopment Proposal Finally Gets Approved By South Miami
Nearly two years after the South Miami voted against the redevelopment of Sunset Place, the city has now approved the proposal after a special commission meeting where the South Miami City Commission voted unanimously to approve ordinances that allow will give the go-ahead to the developers to revitalize the aging mall.
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Terra Launches Leasing For Their Newest Rental Community, Pines Garden at City Center In Pembroke Pines
Terra has launched leasing at its newest luxury rental development, Pines Garden at City Center, ahead of opening to residents this month. The 387-unit residential community is part of Pines City Center, a 47-acre master-planned village rising within the city of Pembroke Pines.
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