Conditional approval for Midtown apartment tower

Miami /
Dec.December 17, 2014 03:32 PM

A 20-story apartment tower with 309 units  in Midtown won conditional approval from Miami’s Urban Development Review Board.

Midtown 29, at 190 Northeast 29th Street, will sit on lot of about two acres owned by Fifteen Group, Adler Development and Encore Housing Opportunity Fund, and will be built between two existing businesses: baby store Genius Jones and Enriqueta’s Sandwich Shop, according to a published report.

The developers bought the Genius Jones site and have agreed to maintain the store but were unable to purchase the sandwich shop, Miami Today reported.

Neither of the commercial sites is large enough to develop on its own, and the approval was conditioned on the developers working with officials to come up with a range of option to incorporate them into their plan.

A second condition is that the developer try to add parking at the rental building after the developers requested to reduce the required number of spots from 524 to 472, according to the paper.

The building will have 17,000 square feet of amenities sitting atop the parking garage, including a swimming pool, rooftop barbecue area and movie area, indoor gymnasium, sauna and clubroom.

There will also be 12,000 square feet of commercial space.[Miami Today] — William J. Gorta


Related Articles

arrow_forward_ios
From left: David Edelstein, Alex Karakhanian and Victor Ballestas in front of the property at 3601 North Miami Avenue (Lndmrk Development, Tricap, Integra Investments, LoopNet)
David Edelstein, partners buy Design District dev site, plan office tower
David Edelstein, partners buy Design District dev site, plan office tower
Rüger Holding KG’s René Gerdom with 3300 N. Miami Avenue and 20 Northwest 34th Street (Marcus & Millichap, Tricap, Zillow, iStock)
German firm picks up Midtown Miami retail properties for $23M
German firm picks up Midtown Miami retail properties for $23M
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
Renderings of Venus with Erik Rutter and David Weitz (ImageFiction)
Carpe secures approval for North Miami Beach mixed-use apartment project
Carpe secures approval for North Miami Beach mixed-use apartment project
From left: Damien Barr and Ned Grace of NDT Development; Joe Furst of Place Projects; a rendering of the planned redevelopment of the Nora District in downtown West Palm Beach (ArquitectonicaGEO, Place Projects, NDT Development)
West Palm developers secure capital partner for Nora District projects
West Palm developers secure capital partner for Nora District projects
Jackie Soffer with 2750 Northeast 199th Street (Google Maps, Turnberry.com)
Jackie Soffer’s Turnberry proposes office/retail project near Aventura Mall
Jackie Soffer’s Turnberry proposes office/retail project near Aventura Mall
AMLI Residential’s Gregory Mutz, Mesirow Financial’s Richard Price and Morgan Group’s Philip Morgan with 80 Northeast 29th Street (Showcase, AMLI, Mesirow, Morgan Group)
AMLI Residential keeps betting on Edgewater, pays $104M for apartments
AMLI Residential keeps betting on Edgewater, pays $104M for apartments
GL Homes President Misha Ezratti & Palm Beach County Agricultural Reserve (LILA PHOTO via GL Homes, County government of Palm Beach County, Wikimedia Commons)
GL Homes scores a win with plan to build on preserved farmland
GL Homes scores a win with plan to build on preserved farmland
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...