Walmart sold the 4.6-acre site at 3055 North Miami Ave for $131 per square foot to Midtown Opportunities, led by Alex Vadia .
The former site of Walmart in Midtown Miami sold for $26.4 million . The war waged by Grant Stern with community activists against the 230,000 sq ft Walmart supercenter got won. Now what? Another rental tower? Alex is already behind Midtown 6 development with Magellan Development Group that is currently renting units out.
Midtown Opportunities now owns about 5.5 acres of contiguous land on the site. Zoning allows the developer to build from 24 stories to 36 stories.
Developer Carlos de Narváez is moving forward with his $100 million luxury auto club project, Drivers Club Miami.Read more
The 2 -acre site was bought out for $1 million last year and is already getting ready to go up!The three-story, 54,300-square-foot building would be built on a 2-acre site. The units would each have two bedrooms and two bathrooms. Rents are expected to be about $1,645 a month. Global One Investment Group is the developer of the property.Read more
Beachside Residences brings a new brand of modern elegance and luxury living to Hollywood Beach. This boutique condominium of just 36 units features a minimalistic design and breathtaking views of the Atlantic Ocean and the Intracoastal Waterway.Read more
We have been writing about this future project for a while now, its offically out in the press! It will be the highest tower in Sunny Isles Beach reaching 749-feet with more than 60-stories!Read more