13th Foor, Key International Launch Sales At Brickell Resi Tower With $1 Billion Pre-Sold
With sales led by Key International and ONE Sotheby’s International Realty, the building is expected to commence construction within the next 12 months.
With sales led by Key International and ONE Sotheby’s International Realty, the building is expected to commence construction within the next 12 months.
Adam Marcuvitz, Joeseph Thomas, Ethan Krauss and Alec Demetriou of Marcus & Millichap exclusively marketed the property on behalf of the seller.
A county-owned site in northwest Miami-Dade could be transformed into a large-scale development combining warehouse space, affordable housing, retail, restaurants and recreational amenities.
Aventura 2999 LLC has filed a revised proposal for the four-acre property at 2999 NE 191st Street, where the prior plan called for a 26-story condominium tower with 295 units.
The 6.6 acre property is positioned for a large-scale mixed-use development that also allows for the development of up to 6,602 residential units across residential, office, hotel, and retail.
Botanic Residences is located in West Brickell/Little Havana and will deliver some of the first high-finish condominium product to the market.
Originally acquired in 2021, the campus was repositioned through a multi-year strategy to concentrate tenancy, enhance the office assets and unlock a portion of the site for residential development, enabling two distinct paths for value creation.
Under current EB-5 regulations, petitions filed on or before September 30, 2026 are protected under the program’s grandfathering provision, meaning applications submitted by that date will continue to be processed under existing rules even if the program changes or sunsets in 2027.
The development is one of the first major affordable and workforce housing developments to move from legislation to construction.
The 8-story development is set for completion in early 2028.
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