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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.
Jennings brings more than 20 years of senior living development experience to Foundry, having overseen more than $1.2 billion in development projects throughout his career.
The company, which distributes engine components and supports aviation supply chains, is relocating from Pompano Beach.
Plans call for 2,874 residential units, including 200 townhomes, along with 400,000 square feet of retail, 125,000 square feet of Class A office space and a 185-room hotel.
The facility is a 100% climate-controlled, 4-story self-storage building consisting of approximately 1,116 storage units or 100,250 rentable square feet inclusive of 2,420 square-foot freestanding commercial space.
The company is a fintech-driven commercial lending platform that provides customized financing solutions to small and medium-sized businesses across the United States.
Asking rents range from $65 to $70 per square foot. Leasing is being led by Ed Schmidt and Robert Eckstein of NAI Miami/Ft. Lauderdale.
The 104-room hotel is located at 301 Hillsboro Technology Drive.
The site has long attracted developer interest because of its scale, location and proximity to transit.
Two retail advisors have joined the firm in Miami as Executive Managing Director and Executive Director, respectively, strengthening its retail leasing and advisory capabilities across South Florida and the broader Americas region.
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