13th Ground Investments’ Arnaud Karsenti along with a rendering of the planned 350-device condominium constructing at 19680-19770 West Dixie Highway (Getty, 13th Ground Investments, Corwil Architects)
Arnaud Karsenti’s 13th Flooring Investments desires a piece of the booming genuine estate market place about the Brightline Aventura Station.
The Coconut Grove-dependent organization is the possible consumer of 2.4 acres of land just south of the quickly-to-open up practice quit where by the firm envisions a 350-unit apartment building, in accordance to an software submitted to Miami-Dade County late final month. The web site at 19680-19770 West Dixie Freeway is separated by the Forum Aventura place of work condominium from the Brightline station.
The Corwil Architects-developed undertaking would rise 17 tales along West Dixie Freeway, tapering down to seven floors in the heart of the developing and to four tales along Northeast 26th Avenue, which borders the west aspect of the advancement web page. Plans call for 5,300 sq. ft of floor-ground retail and a seventh-flooring amenity deck.
The full selection of proposed units includes a density bonus that 13th Ground can get hold of if it designates 10 %, or 35, of the flats as workforce housing.
13th Floor’s submittal is for a pre-application assembly, which is frequently completed so developers get county employees’ feedback right before they file an official software. The job would also need county commissioners’ thought.
This isn’t the firm’s to start with guess on transit-oriented improvement. In the vicinity of Miami’s Douglas Street Metrorail station, 13th Flooring and Adler Group are producing Backlink at Douglas exactly where a 2nd apartment tower is to open up by year’s end.
Karsenti’s business is the hottest in a extended line of developers publishing proposals in the area about Brightline Aventura Station, despite the fact that his site of option is a lot closer to the end than the houses other builders have picked.
The stop, which is envisioned to open by year’s conclude at 19796 West Dixie Highway, is in the Ojus community that is just outside Aventura.
His submitting comes on the heels of Yakov Cohen and Shimon Bouskila’s ask for to establish a 15-tale, 261-unit apartment venture on a web page they scooped up 3 months ago south of the stop.
Other individuals betting on the station firing up the area’s genuine estate sector are Ram Realty Advisors and Pinnacle. They approach an apartment constructing at 19640 West Dixie Highway, a web-site they acquired for $15.4 million in January.
The Brightline train by now connects the downtowns of Miami, Fort Lauderdale and West Palm Beach, the place the stations bounce-began a flurry of improvement and expense revenue of buildable web pages in latest years.
Most not long ago, the Damaghi household paid out $50.8 million for the developable tons instantly south of MiamiCentral that have “special exception approval” for 2,007 residential units and pretty much 50,000 sq. ft of retail. The Damaghis are superior recognized for their ties to the family products production business, First Top quality Enterprises, which is dependent in Good Neck, New York.
