Urban Community Capital Group wishes to make a 27-story rental-resort at the foot of the Julia Tuttle Causeway in Miami’s Edgewater neighborhood.
The Coral Gables-based mostly business proposes a 180-device venture with 7,300 square ft of retail on a half-acre residence on the northwest corner of Northeast 36th Road and Northeast Fifth Avenue, according to an application submitted to the town final week. The advancement website is composed of five a lot at 445 and 455 Northeast 36th Avenue, as well as 3618, 3620, 3630, 3632 Northeast Fifth Avenue.
The Miami Urban Development Critique Board will vote on the challenge at its conference on Wednesday. The developer is trying to get approval for 4 waivers, which includes a reduction by 10 p.c of a driveway’s width.
City Community Cash, led by Robert Thorne, purchased the site in partnership with Coral Gables-based Vertical Developments for $13.5 million in September.
Started in 2019, Urban Network has assignments in Miami and Orlando, according to its web page. In 2004 the company accomplished the 6-tale Lofts at Mayfair with 99 condos at 3339 Virginia Road in Miami’s Coconut Grove.
In Brickell, City Network and Vertical Developments plan an eight-tale, 111-unit apartment-resort at 1120, 1130 and 1136 Southwest Third Avenue. The builders landed a $24.5 million building financial loan for the job, identified as Visions at Brickell, in December.
In excess of the earlier ten years, developers have remodeled Edgewater from a lower-increase household enclave to a canyon of apartment and rental skyscrapers. The building boom is predicted to keep on with a number of projects in the pipeline.
The Ardid family’s Critical Intercontinental would like to create a 42-story, 462-unit condominium tower on vacant land following to Trinity Episcopal Cathedral at 515 Northeast 15th Street and 464 Northeast 16th Street. The web-site is at the intersection of Edgewater and the Arts & Amusement District.
Pacific Star Funds wishes to redevelop the Denny’s and adjacent parking ton at 3600 Biscayne Boulevard with an 18-tale, 175-unit apartment setting up.
