RAM Realty Advisors and Pinnacle propose to expand their prepared multifamily project around the Brightline Aventura station to 334 models.
The builders want to establish the 16-tale Aventana constructing with ground-ground professional area at 19640 West Dixie Highway in the Ojus neighborhood in unincorporated Miami-Dade County, according to an software filed to the county on Monday. The undertaking fronts a portion of West Dixie Highway not long ago renamed West Harriet Tubman Freeway.
Made by Baker Barrios Architects, the proposal is for a greater challenge than the plan RAM and Pinnacle at first experienced for 285 models in 2022. At the time, the builders also prepared a 15-tale setting up tapering down to 11 stories towards the west facet of the web page, according to media reports.
The structure modify will come right after county commissioners very last year rezoned the web page, enabling for “a more effective structure that normally takes gain of the Aventura Brightline station,” an legal professional for RAM and Pinnacle wrote in the application.
At Aventana, at least 10 percent of the units would be priced as workforce housing, with at minimum 50 % of people selected for households earning no much more than 110 per cent of the place median earnings, in accordance to the software. Miami-Dade’s AMI is $74,700 each year.
Palm Seashore Gardens-based mostly RAM and Miami-based Pinnacle dropped $15.4 million for the 2.2-acre progress web site in 2022.
Led by Casey Cummings, RAM traces its roots to a predecessor entity launched in 1978 by Peter Cummings, in accordance to the company’s web-site. Considering that 1996, the organization has purchased, formulated and redeveloped $4.4 billion of real estate spanning approximately 14,000 apartments and about 10 million square feet of business house.
Pinnacle is led by Louis Wolfson III, David Deutch, Timothy Wheat and Coraly Rodriguez. The growth and construction company, started in 1997, has a portfolio of virtually 10,000 multifamily models, which includes inexpensive and workforce housing, in Florida, Texas and Mississippi, its web-site reveals.
RAM and Pinnacle are component of a cohort of developers betting that the Brightline station will prompt tenant desire.
Also in Ojus, Lumer Real Estate and Goldberg Companies program the 700-unit Blue Aventura apartment sophisticated with two 8-tale buildings at the northeast corner of Northeast 186th Avenue and Northeast 23rd Courtroom.
Raphael Ammar, a preschool developer and operator, designs the 18-tale, 210-device Gateway apartment developing with 99,600 sq. ft of places of work and 17,600 square ft of floor-floor retail at 2600 and 2630 Northeast 203rd Street.
Yakov Cohen has two tasks in the works in Ojus, in the vicinity of the Brightline stop. With his wife, Cheryl Cohen, he designs an 11-tale creating with 120,000 sq. toes of places of work 4,400 sq. toes of business place and 12 flats at 18802 and 18820 West Dixie Freeway. Yakov Cohen and Shimon Bouskila system a 20-story, 330-condominium making with 10,000 square ft of retail and 200 storage models at 2655-2660 Northeast 189th Road.
