Colliers Facilitates Sale Of Miami River District Development Site For $10M
Colliers Vice President Virgilio Fernandez represented the seller and the buyer in the transaction.
Colliers Vice President Virgilio Fernandez represented the seller and the buyer in the transaction.
Completion is estimated for Q2 2024.
The 41-story mixed-use development will bring 306 condominium residences and 245,000 square feet of Class-A office space to Downtown Miami.
The portfolio of 96 properties includes rental apartments, single-family homes, an office condo unit and a developable site zoned for a three-story rental building.
The project includes 663 units located at the entire block that includes 901 E 26th Street.
The site is expected to complete and obtain master permitting within four months.
Crescent Heights is developing the project, which will comprise 588 apartments in studio, one-, two-and three-bedroom layouts, as well as ground-floor retail space, including a 42,030-square-foot Whole Foods Market store.
He brings significant development management experience, having previously worked for top firms like Stiles Residential Group and The Morgan Group.
The construction of the project has commenced with an estimated completion in December 2024.
Colliers South Florida Vice President Virgilio Fernandez represented the buyer and seller in the sales transaction.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.