The HueHub will span approximately 12 acres and feature seven 35-story towers with 4,032 residential units. The community, located at 8395 NW 27th Avenue, will also include nearly 200,000 square feet of interior amenities and a two-acre park. The price tag is expected to be about $880 million.
Due to the size of the project, a number of unusual amenities have been included. Among them are an urgent care facility, a beauty salon, a car wash, an onsite learning center for children and adults, a dedicated arts and culture space, a police substation and dedicated workspaces for remote workers.
Several traditional amenities include a community center, fitness area and several pools.
Residences will be move-in ready and fully furnished, with rents starting at approximately $1,300 for a studio, $1,600 for a one-bedroom unit, and $1,900 for two-bedroom units.
The development team includes developer Pablo Castro, Coastal Construction and architecture firm Arquitectonica.
Located at 8395 NW 27th Avenue, The HueHub is scheduled to break ground toward the end of 2025.
The development team behind One Beverly Hills (1BH) said construction on the $10-billion luxury mixed-use project is proceeding ahead of schedule. The Beverly Hilton expansion structure topped out approximately 10 weeks ahead of schedule and one of the residential towers is progressing six weeks ahead. “This was accomplished while significant operations were maintained at The...
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Northwind Group has originated a $231-million first mortgage construction loan for 675 Third Ave., a 32-story, 337,000-square-foot office building in Manhattan’s Midtown East neighborhood that is slated for conversion into residential apartments. The conversion is being led by a joint venture between Nathan Berman’s Metro Loft Management and David Werner Real Estate Investments. Loan proceeds...
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Rental housing affordability declined in 82% of U.S. metropolitan areas between 2014 and 2023, with renters experiencing the equivalent of an average $256 annual reduction in income after accounting for changes in housing quality. That’s according to a new report released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America. The report, Housing...
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