The developers of Biscayne Landing started construction of the first phase of the North Miami mixed-use project.
Oleta Partners announced that initial work is underway at the 180-acre development site in a written statement released on Thursday. The entire project calls for more than 4,000 residences, 37 acres of parks and recreation space and more than 800,000 square feet of retail space at Northeast 151st Street and Biscayne Boulevard. DC Equipment was hired as the designated contractor for the first wave of construction activity, which includes preparations for a spine road on Biscayne Boulevard and Northeast 143rd Street.
“We are extremely excited to move ahead on the Biscayne Landing project,” said Oleta vice president Michael Tillman, a director of the LeFrak Organization. “Biscayne Landing will positive impact the future of the City of North Miami, its residents and nearby communities by creating hundreds of jobs and generating millions of dollars in annual sales and tax revenues.
Earlier this month, North Miami City Council members voted to begin negotiations to sell more than 50 acres of the project site to Oleta, which wants to build a condo tower on the land. — Eric Kalis