Still in the planning stages, Fifield looks to develop a mixed-use apartment community on their newly acquired site.
The property comprises four conjoined lots being sold together, which are all zoned T6-8-O NRD-1, allowing up to 8 stories by right and 12 stories with bonuses of mixed-use infill development. Under this zoning, the property can be developed into up to 207 units (310 with bonuses) or licensed for up to 414 hotel keys.
Miami’s urban core markets generated $1.2 billion in retail property sales last year, according to a recent CIASF commercial real estate report. CLICK ON THE HEADLINE FOR MORE
Tony Cho said he expects the project to be fully leased within the next six months. CLICK ON THE HEADLINE FOR MORE
Metro 1 Founder and CEO Tony Cho and Metro 1 Commercial Executive Vice President Tony Arellano represented the seller in the transaction. CLICK ON THE HEADLINE FOR MORE
In this capacity, Arellano is responsible for managing the firm’s overall sales and leasing efforts for more than $200 million in current commercial real estate assets. CLICK ON THE HEADLINE FOR MORE
The developer behind the historic Langford Hotel conversion (the former Miami National Bank Building), has purchased the property. CLICK ON THE HEADLINE FOR MORE
Submissions were received from more than 10 countries as the contest’s June 10 deadline approaches. CLICK ON THE HEADLINE FOR MORE
Colangelo served as President of the organization in 1999-2000, which was known then as the Industrial Association of Dade County (IADC). CLICK ON THE HEADLINE FOR MORE
Metro 1 closes on sale of Rail 71 Building for 9.25 million. CLICK ON THE HEADLINE FOR MORE
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