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

Magellan Housing and Udonis are partners on both projects!

By
Cashflow In Miami
on
March 31, 2021

The development, known as Wynwood Works, will receive city-owned land worth $6.5 million at 2035 North Miami Avenue to build the project, plus a $9 million cash grant from the Omni CRA that will go toward its construction.

The project will have 104 units of mixed-income apartments and 6,711 square feet of retail.

When completed, Wynwood Works will have a total value of $35.9 million, Omni CRA executive director Jason Walker told city commissioners. In addition to being a mixed-income apartment building, Wynwood Works will also share 45 percent of the annual rent payments derived from the ground-floor retail spaces
In addition to submitting the .

Works proposal, the Magellan/Haslem joint venture last year secured approval from North Miami’s city council to build a mixed-use project with 134 apartments and a 10,000-square-foot commercial building on city-owned land at 13780 Northeast Fifth Avenue. The partnership agreed to pay $1.5 million for the land and would spend another $1.75 million to remediate soil pollution at the city-owned site, a government-designated brownfield with high levels of arsenic, ammonia and pesticides.


Haslem, a three-time NBA champion with the Miami Heat and the longest tenured member of the team, jumped into real estate development in 2019.. He formed Haslem Housing Ventures, which is focused on building attainable housing for low-income and working class residents of Miami-Dade County.

...

Latest Posts

Read More

These Investors Made Great Moves

1.46-acre site at 733-745 N. Andrews Ave. can be redeveloped into a 12-story mutlifamily and was acquired for $2,5 million!!That took place in 2017 by 745 North Andrews Avenue LLC, which is managed by Bingsong Li, Xiaokai Shen, Jesse C. Pan in Parkland.

Read more
Read More

Where is that $200 million mansion in Florida?

Todd Michael Glazer and partners are after the highest ticket mansion. Glazer and Jim Randall, Scott Robins and Jonathan Fryd, acquired the home for $85 million. The 1939 built mansion will go through the renovation and will be ready invite the new owner. One of the kind island estate boasts 2.27 acre with 5 bedroom mansion and , i wonder if the helicopter pad is going to get added?

Read more
Read More

New luxury single family homes coming up west Griffin!

CC Homes purchased a home development site in Southwest Ranches for $11.5 million.

Read more
Read More

Eastern Shores has preconstruction bayfront townhomes for sale!

4098 NE 167 STREET NORTH MIAMI BEACH, FL 33160 Eastern Shores has preconstruction bayfront townhomes for sale!

Read more