The initial phase of the project includes the construction of a 200,000-square-foot building, with plans for two additional buildings to follow. This phase can accommodate tenants seeking spaces as small as 50,000 square feet.
The multifamily property is located to the east of Biscayne Boulevard, making it one of the few rental buildings located east of US-1. Additionally, Florida International University’s Biscayne Bay Campus is within walking distance, and the property is near several mixed-use developments in the area.
Here are the most popular news headlines this past week on CRE-sources.
The development encompasses three contiguous properties that span 49,000 square feet.
The Wynwood Norte district is bordered by I-95 to the west and North Miami Avenue to the east, and Northwest 29th Street to the south and I-195 to the north. Given its walkability to many art, cultural and entertainment and dining destinations along with its recent zoning overhaul, the neighborhood is poised for significant development.
Here are the most popular news headlines this past week on CRE-sources.
The joint venture is planning a significant project following a $48.5 million acquisition in the city’s waterfront Harbordale neighborhood.
The site spans 2.03 acres and encompasses two parcels. The East Parcel falls under Hialeah’s TOD zoning overlay, permitting up to 125 units per acre and building heights ranging from 3 to 15 stories. The West Parcels are zoned for mixed-use projects, allowing up to 60 units per acre.
The loan was provided by MetLife and provides for full-term interest-only and a 36 month term.
Here are the most popular news headlines this past week on CRE-sources.