International real estate firm Hines and its partner Diversified Real Estate Capital are set to break ground on a $134 million apartment development in Doral.
The project is a joint venture between the two firms, marking their second apartment development in South Florida. The two also developed Aviva Coral Gables, a 250-unit complex next to the Village of Merrick Park.
Located on 12 acres at 8800 Doral Boulevard, the developers’ latest project will sit a block away from the Trump National Doral Miami golf resort, according to a release.
The three-building complex, designed by Arquitectonica, will house 550 units. The first building will have 300 units, while the remaining 250 will be split between two garden-style apartment buildings.
Construction is slated to begin in March and is expected to finish in 22 months. — Sean Stewart-Muniz