A North Miami Beach planning commission is reviewing plans for a six-building apartment complex that will feature 500 units and 19,000 square feet of commercial space.
The S. Florida Business Journal reports Elysee Investments and Scott Solomon filed for the zoning change near Greynolds Park.
The companies jointly purchased the vacant property for $11.38 million in 2018.
It would also include about 8,400 square feet of indoor amenities, three internal courtyards, including one with a pool, and a dog park.
Miami-based MSA Architects designed the project.
The apartments would range from 550 to 1,217 square feet. There would be 46 studio apartments, 205 one-bedroom units, 73 one-bedroom units with dens, 138 two-bedroom units, and 38 three-bedroom units.
Lincoln Property Company and McCourt Partners have broken ground for ElevenOneEleven, a new mixed-use development in Culver City. The groundbreaking occurred three weeks after Lincoln and McCourt announced $133 million in construction financing from Bank OZK. Set to rise on a vacant parcel, ElevenOneEleven will deliver 344 rental apartments, including 52 affordable units, along with 2,000 square...
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Logisco is stripping back the amenity race with a $60M Quebec City apartment development aimed at renters who would rather pay less each month than fund pools, gyms and other extras. The developer has started construction on 193 apartments at 7075 Wilfrid-Hamel Blvd., the first project under its new Elie rental brand. The 10-storey building...
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Virtus Diversified REIT has purchased a 91-suite retirement residence in Hamilton for $26M, expanding its seniors housing portfolio. The acquisition of Abington Court Retirement Residence at 1500 Main St. E. closed Nov. 3. The independent living property opened in 2005 and added 20 suites in a 2018 expansion. Located west of the Red Hill Valley...
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