Contact Us
How Can We Help You?

Please, leave us your message.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Announcement

Dezer going Mega in North Miami Beach!

By
Cashflow In Miami
on
August 12, 2020

3881 NE 163rd St, North Miami Beach, FL 33160

First of all- if Michael and Gil get their way, Jorge Perez and Edgardo Defortuna will choke on their saliva. This project, even if reduced in size , will change the face of this parking lot on the pictures forever.
Earlier this year Dezers finalized the buy of the 3909 Northeast 163rd Street office building in the corner of the plaza. It took them years and legal battles to acquire this piece for $15 million from ASA college.Michael and his wife Neomi paid $63,500,000 for the 26,3 acre property in December 2013.
So here is what have just gotten approved 5 to 2 in favor of zoning amendments:replace the one-story, 234,000-square-foot Intracoastal Mall and the three-story Asa College office building with a development of more than 2 million square feet. Plans include 35-foot tall townhouses, 85-foot tall apartment buildings, and high-rises ranging between 160 feet to 495 feet in height. The amended code will also allow Dezer Development to build a 250-room hotel.
By a narrower vote of 4 to 3, the planning and zoning board also approved a 30-year-development agreement with Dezer Development for the project that will include 2,000 residential units, 375,000 square feet of retail, 200,000 square feet of office, the 250-room hotel, and a new canal. The development agreement also envisions about 8 acres of parks, a transportation bus hub and water taxi. It also includes traffic mitigation that will increase the number of traffic lanes at Northeast 35th Avenue from four to six, and widen Intracoastal Mall’s entrance way at Northeast 36th Avenue and 163rd Street. It also requires Dezer Development to build a public community center, a police substation, and a fire rescue facility on site.
Bernard Zyscovich, an architect and planner hired by Dezer Development to design Intracoastal Mall’s new site plan, insisted that the amended regulations allow more open space on the property. Zyscovich also said that the amended site plan reduces the envelope of future commercial space from 2.5 million square feet to 525,000 square feet.

But most other planning and zoning board members were attracted by Dezer Developments’ claims that the project will produce 11,800 temporary jobs during construction, 2,700 permanent jobs after construction, and $11 million in annual property taxes.
To get to the final green light North Miami Beach City Commission will have a final say, but the development is now in motion.

...

Latest Posts

Read More

New construction multifamily in Lake Worth is booming!

Dixie hwy between 16th avenue north and 17th avenue north, Lake WorthOne developer , two rental brand new projects , one -Lake Worth.Affiliated is in the midst of the construction of the 230 units , called MID.

Read more
Read More

Last two developable lots on Fisher Island approved!

Fisher Island developer Heinrich Von Hanau just got approved zoning changes to allow for a 57-unit, 10-story condominium building at 6 Fisher Island Drive and 12 single-family homes at 68 Fisher Island Drive. The new projects would bring the total number of residences on the island to 871 . Fisher Island is allowed a maximum of 1,400 residential units.

Read more
Read More

2323 in Allapattah moving forward!

The 2323 Apartments project will be eight stories and include smaller micro unit apartments. The project will have commercial and office uses on the ground floor, and 116 residences.Parking for up to 129 vehicles will be on the second and third floors.Indoor and outdoor amenities are planned, including a swimming pool above the parking levels.This project plans 47 micro apartments ranging from 385 to 388 square feet. Architect Ivo Fernandez of Modis Architects

Read more
Read More

GlobalPro Ventures is in the preconstruction phase for a mixed-use apartment building at 2560 Northwest 20th Street in Allapattah !

The developers said they are considering building live-work units in Allapattah, and plan to have co-working space in the lobby. The existing building is currently leased to retail tenants. GlobalPro Ventures acquired the property in October for $1.9 million, records show.The site is zoned T6-8, which means that they can build up to eight stories high with about 70 to 80 units.

Read more
Read More

Ocean Reef Club

Member only unique 2000 paid residents in gated island golf and marina community. Super safe and secured location with its own landing field , 11+ restaurants ( 24/7 service) , school ( from preK to 8th grade), 36 holes golf, 175 slip marina, art league with different classes , medical center, spa and gym, wiht everything for your pet!

Read more
Read More

Swire sells two office buldings with We Work and Akerman LLP anchors for $163 million!!

78 Southwest Seventh Street and 98 Southeast Seventh Street , Miami The combined $163 million purchase breaks down to $80.3 million for Two Brickell City Centre and $82.7 million for Three Brickell City Centre. Each building has about 130,000 square feet, which means they sold for roughly $630 per square foot.

Read more