Midtown 6 Under Contract, Midtown 7 Under Option to Purchase
by Sep Niakan | November 11, 2015
An affiliate of the Commingled Pension Trust Fund of JPMorgan Chase Bank confirmed that rumors about the contract for the 93,000 square-foot site at Midtown 6 and an option to buy on the 80,000 square-foot Midtown 7 site, were all very much real.
The seller, Midtown Opportunities, filed a request to build 398 residential units and 12 commercial units on the prime real estate property several years ago. That property would be called Six Midtown Miami. In mid-September, however, the condo declaration was dismissed and the property was put under contract.
Back in October of 2014, an affiliate of the same JPMorgan entity purchased the Midtown 5 property and received approvals, beginning construction shortly after.
Recently, the Related Group and Dezer Development broke ground on the Hyde Midtown/Midtown 3 project. That development will contain 400 residential units and 60 condo and hotel units.
Photo credit: thenextmiami.com
by Sep Niakan | January 12, 2017
According to thenextmiami, a petition involving a 15 by 75 feet alley has sparked speculations that a brand new hotel could be coming to Edgewater. Why? Simply because this alley comes attached to a 7,875 sq. ft. plot located at 348 Northeast 20...
by Sep Niakan | January 09, 2017
Ever tried driving from Brickell to Downtown Miami for lunch? Most Miamians dread the thought of catching the dreaded drawbridge, which opens every hour or half-hour during non-curfew hours to allow river traffic to pass under. So what’s...
by Sep Niakan | January 08, 2017
Last year’s headlines weren’t too kind to Miami with hurricanes, Zika warnings and falling sales painting a dark picture. However, with the elections finally done with, there are plenty of reasons to be optimistic about 2017: 1. ...
by Sep Niakan | December 28, 2016
We all know Wynwood as the friendly, hipster neighborhood splashed with the best street art in the world. It’s where we all go for our art fix, browse far-out finds and linger around for a couple of craft beers. But, how about shopping,...