District 36 tops off in Midtown Miami

Construction began mid-year 2015

Feb.February 05, 2016 04:30 PM

Developers Wharton Equity Partners and Mack Real Estate Group have topped off their 19-story apartment building District 36 in Midtown Miami.

Construction of the mixed-use tower first began in mid-year 2015 after Wharton and Mack closed on $68 million in construction financing with JPMorgan Chase Bank.

The development partners are building 195 rental units and 63,000 square feet of retail space split between the first and second floors. Comras Company, headed by Michael Comras, is handling leasing for the building’s commercial spaces.

Located at 3635 Northeast 1st Avenue, District 36 is expected to open by the end of 2016. The development partnership first paid $9 million for the acre-sized site in 2014, according to Miami-Dade County property records.

Stantec is designing the project. The architecture firm’s principal Jonathan Cardello told The Real Deal in May 2015 that the project’s purpose was to act as a bridge between Miami’s Midtown and Design District neighborhoods.

Related Articles

The Estefan warehouse next to Set Midtown’s office project before its billboard went up.

Gloria and Emilio Estefan’s Miami warehouse project ignites billboard battle

Brian Gordon and Gio Midtown

Magellan launches leasing of Midtown Miami apartment tower

Set Midtown rendering

Brickell Construction sues for $1.2M in work at project near Midtown Miami

Avra Jain and a rendering of 225 NE 34th Street

Avra Jain plans to benefit from Opportunity Zone for Midtown office building

Alex Rodriguez (Credit: Getty Images and iStock)

Work out like A-Rod? Athlete inks Midtown Miami lease for UFC Gym

3055 North Miami Avenue and Alex Vadia (Credit: Midtown Opportunities, TAMZ)

Controversial Walmart site in Midtown Miami sells for $26M

Midtown 29 and Michael S. Morgan CEO of Morgan Group

Midtown 29 developers close $80M refinance

The Midtown Miami building and Jordan Gimelstein of Dwntwn Realty Advisors

Make it work! Fabrics store of Project Runway fame buys Midtown Miami buildings