48-story Live Local Act tower planned in Miami's Wynwood

A proposed 48-story tower in Miami’s Wynwood would quadruple the neighborhood’s height limit thanks to the Live Local Act.

Wynwood Interest LLC, an affiliate of Bazbaz Development, has proposed the 755,688-square-foot project on the 1.5-acre site at 2110 N. Miami Ave. It would feature 544 residential units, 19,393 square feet of commercial space and 621 parking spaces. Under the Live Local Act, 40% of the units must be workforce housing.

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Amenities would include a pool, a multi-sport room, a gym, a juice bar, a club room, a business center, a library, a party room, an influencer suite, a cigar room, a sports therapy room, and a game room.

620 apartments planned in Hollywood 

Park Road Development LLC filed plans for a 30.6-acre site it has under contract from the city of Hollywood.

The developer won an RFP in 2019 to build on 1600 S. Park Road. The plans call for 620 apartments in six buildings of five stories each and 1,061 parking spaces, including 499 of them in a five-story garage. There would be two pools and several clubhouses.

As for the commercial component, there would be three separate buildings: a 2,800-square-foot restaurant with a covered terrace, a 6,100-square-foot convenience store, and a two-story, 16,906-square-foot office. They would share 123 parking spaces.

Hotel/apartments slated for North Miami

Flex Capital Group has the half-acre site at 1401 N.E. 123rd St., North Miami under contract from Shani Management.

The developer would replace the small automotive building with a 20-story tower of 290,442 square feet, with 139 hotel rooms, 76 apartments, 3,700 square feet of retail, and 273 parking space. It would include 54 parking spaces for a potential Brightline train station next door.

Terra seeks to build 675 workforce apartments in Miami-Dade County

Terra is seeking a deal to build up to 675 workforce apartments around South Dade Government Center through a ground lease with Miami-Dade County.

The developer wants to lease 7.3 acres of parking lots south of the county complex at 10740 S.W. 211th St. to build 352 workforce units. It also wants an option to lease another 3.4 acres to build 323 units, but only if the county can relocate its fleet operations site.

Brickell tower would feature sports amenities

Bay Racket Club LLC, managed by William A. Jacome, has proposed a 23-story mixed-use tower in Miami’s Brickell.

Located on the 0.4-acre site at 240 S.E. 14th St., the tower would include nine padel courts, four pickleball courts, a tennis court, 19,168 square feet of restaurants, 34 apartments, 15 hotel rooms and 35 parking spaces.

Wynwood office heads to auction

The Gateway at Wynwood

The Gateway at Wynwood

The Gateway at Wynwood

The Gateway at Wynwood office building and a neighboring bank office are headed to court auction over a $111.9 million foreclosure judgment.

Wilmington Trust, as part of a commercial mortgage-backed securities (CMBS) trust, won the foreclosure judgment against Gateway at Wynwood LLC and 2830 Wynwood Properties. The 14-story office building at 2916 N. Miami Ave., which is between Wynwood and Midtown Miami, and the 5,187-square-foot bank branch at 2830 N. Miami Ave. are slated for court auction July 2.

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The office building totals 418,337 square feet, with about 200,000 square feet of office space, 25,000 square feet of retail and 490 parking spaces. It was completed in 2021.

Former Miami Dolphins player could lose gym

BWSR Real Estate Mortgagee filed a $5.06 million foreclosure lawsuit against BWSR Real Estate LLC, former Miami Dolphins receiver Brandon Marshall and House of Athlete LLC. It targets the 26,998-square-foot fitness center at 1495 Northpark Drive in Weston.

Athlete Investments FL LLC and Waterfall Capital Investments also have a pending foreclosure lawsuit against the same parties over a $3.65 million second mortgage.

Hollywood apartments targeted in foreclosure

Grape Tree Lending filed a $3.26 million foreclosure lawsuit against 1911 Ave LLC, also known as 1911 Taylor Ave LLC, and Mendel Steiner. It targets a 16-unit apartment building, a 12-unit apartment building and a single-family home at 403 N. 19th Ave., plus 1927 and 1911 Taylor Street.

BY THE NUMBERS

harbour Cove 9.13 (16)

The Harbour Cove apartments in Pembroke Pines were acquired by Cortland Group.

Cortland Group

$62.55 million

Price Cortland Partners paid for the Harbour Cove apartments in Pembroke Pines

5

Miami-Dade and Broward county hospitals that Steward Health Care System will auction through bankruptcy court on Aug. 14

$87 million

Amount billionaire Amazon.com founder Jeff Bezos paid for an Indian Creek Village mansion

19.5 acres

Land in Naranja that Essential Housing land bank purchased on behalf of Lennar Corp. for $14.68 million

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Rank Prior Rank Chamber / Prior (*Not ranked in 2023) / URL

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1

Greater Miami Chamber of Commerce

2

2

Broward County Chamber of Commerce

3

3

Greater Fort Lauderdale Chamber of Commerce

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