Greystar is seeking permission from the City of Doral to build 896 apartments at the Miami International Mall. The development is slated to go where two department store buildings currently stand.
The South Florida Business Journal reports that the site includes the shuttered Sears and JCPenney store.
Under the proposal, Greystar would build up to 896 apartments in three phases. The first phase would have 292 apartments, and the second phase would have 230 apartments – both of them replacing the vacated Sears store. The third phase, with up to another 374 apartments, would replace the current JCPenney store.
The preliminary site plan by MSA Architcts shows apartment building of five and six stories tall. They would not be directly connected to the mall.
Simon owns the main mall, which spans more than 1 million square feet. Tenants include Macy’s, Elev8 Fun, American Eagle Outfitters, H&M, Mango, Pandora, Swarovski, Tous, and Victoria’s Secret.
Truist recently closed a $152-million construction loan for Marina Shores, a 390-unit multifamily community at 6615 E. Pacific Coast Hwy. in Long Beach. The project is being developed by Carmel Partners. The six-story project will transform an aging office complex and surface lot into a mixed-income community with approximately 5,400 square feet of ground-floor retail...
Learn more
CBRE has been retained by Merchants Bank to market for sale the fee interest in 19 W. 55th St., a vacant, nine-story residential property with continuous retail frontage in Midtown Manhattan. CBRE’s Daniel Kaplan was appointed by the bank to spearhead the sale. “Opportunities to acquire the fee interest of an asset in this premier...
Learn more
LogosFaith Development, in partnership with San Diego’s Logan Temple AME Zion Church, commemorated the official groundbreaking on Logos Logan Legacy Place at the project site. The 43-home affordable housing community is located at 3186 and 3190 Franklin Ave. in San Diego’s Logan Heights neighborhood. The project marks the affordable housing developer’s expansion into the San Diego market....
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California