Miami

Property In Edgewater Sold For $13M

The Latin Cafe in Edgewater

The Latin Cafe in Edgewater

The Latin Cafe in Edgewater has sold for $13 million, according to SFBJ.

The 25,951 feet of land, which also includes the adjoining parking lots is located at 2501 Biscayne Boulevard in the booming Edgewater district of Miami.

The Next Miami reports that the buyer is a Canadian businessman named William Weiner.

Riverside Tower Moving Ahead In Downtown Miami

Riverside Tower Site in Downtown Miami

In July 2015, Adler Group purchased a 1.6 acre site at 230 SW 3rd St in Downtown Miami for $14.25 million to build a rental tower called Riverside Tower.

The 34 story tower will have 463 units and is located near the Miami River. It was designed by Studio X Architects. The Riverside Tower site is located right between two lots that recently sold and is in the process of getting sold. 

Adler Group just signed a utility deal for the site, according to The Next Miami.

JHM Hotels Purchases Site In Arts & Entertainment District

JHM Hotels has purchased a site located at 511 NE 15th St for $8 million, according to The Real Deal.

The lot size of 11,700 square feet currently has a single story building, which is near the Venetian Causeway and across the street from where the Miami Herald building once stood.

The site is zoned for 36 stories with a potential to go as high as 60 stories.

Centro Construction Updates

Centro Miami

Centro Miami is getting closer to completion with the crane now removed and most of the exterior being painted. The windows are balconies are installed on the 36 story residential tower in Downtown Miami. 

Previous construction photos can be viewed here.

Solitair Brickell Going Vertical

Solitair Brickell

Since demolishing the parking ramp that connected to the Brickell Bayview Center, Solitair Brickell is now going vertical. 

The 48 story residential condo will rise 550 feet and have 438 residential units. It is located across the street from Brickell City Centre.

MiamiCentral Construction Updates

Construction on MiamiCentral

Construction on MiamiCentral

After starting site work in November 2014, construction is progressing on All Aboard Florida's MiamiCentral. The FAA recently approved One MiamiCentral, which will rise 1,000 feet above sea level that will have 250 hotel rooms, 280 residential units and over 600,000 square feet of office space.

New renderings can be viewed at Curbed Miami.

Grove At Grand Bay Construction Updates

Grove At Grand Bay Construction Updates

Since we last looked at Grove at Grand Bay in June 2015, the two twisting towers had just topped out. The two cranes have been removed from the site and while work continues on the interior and exterior of the buildings. 

Grove at Grand Bay is being developed by Terra Group and was designed by architect Bjarke Ingels. Only one unit remains in the two towers and it is the penthouse unit being sold for $28 million. Curbed Miami has renderings of the penthouse for sale here. Construction is expected to be completed later this year.

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