Alta Developers to build rental tower near Design District

Developer bought the site from Nancy Karp last year for $18M

TRD MIAMI /
Jul.July 14, 2016 03:45 PM

Alta Developers will build a 198-unit mixed-use apartment building on a site it owns near the Design District.

Revuelta Architecture and Behar Font & Partners are designing the 13-story building at 3900 Biscayne Boulevard, according to Alta’s website and first reported by the Next Miami. The project, called Quadro, will have 172,000 square feet of residential space.

The Comras Company is leasing the 28,000 square feet of commercial space. A Comras flier shows the space will be ready in 2018, and describes it as “ideal for showrooms, restaurants & retail” with 14 to 20-foot ceilings.

Banco de Crédito e Inversiones BCI is providing the financing, which has not been recorded with Miami-Dade County.

The Miami Arts Charter School, a visual and performing arts charter school, is based at the existing building on Biscayne and will move to a new facility in Wynwood. Nancy Karp, of Kobi Karp Architecture, sold the nearly 53,000-square-foot, three-story building to Alta in June 2015 for $18.4 million.

The site was formerly home to the local television station WPLG-10, the local affiliate of ABC in South Florida.

Alta has been involved in projects such as Baltus House, One Paraiso, Neovita Doral and Metropolis at Dadeland, according to the developer’s website. – Katherine Kallergis


Related Articles

arrow_forward_ios
Michael Comras and 1500 Washington Avenue (Credit: Google Maps)

Comras looks to sell Five Guys property on Washington Ave

Comras looks to sell Five Guys property on Washington Ave
From left: Dadeland Mall, Town Center at Boca Raton and 3900 Biscayne Boulevard with Irma Figueroa (Credit: Simon Malls, Trip Advisor, and BuzzBuzzHomes)

7 for all Mankind to open at Dadeland Mall, luxury jeweler inks lease at Town Center & more

7 for all Mankind to open at Dadeland Mall, luxury jeweler inks lease at Town Center & more
Back from the dead: Sunset Place project gets South Miami’s stamp of approval

Back from the dead: Sunset Place project gets South Miami’s stamp of approval

Back from the dead: Sunset Place project gets South Miami’s stamp of approval
Miami Worldcenter taps Comras to partner on retail leasing

Miami Worldcenter taps Comras to partner on retail leasing

Miami Worldcenter taps Comras to partner on retail leasing
Mattress One faces evictions across Miami-Dade County

Mattress One faces evictions across Miami-Dade County

Mattress One faces evictions across Miami-Dade County
South Miami kills plan to redevelop Shops at Sunset Place

South Miami kills plan to redevelop Shops at Sunset Place

South Miami kills plan to redevelop Shops at Sunset Place
Michael Comras files suit alleging NJ real estate firm used predatory lending tactics

Michael Comras files suit alleging NJ real estate firm used predatory lending tactics

Michael Comras files suit alleging NJ real estate firm used predatory lending tactics
Lime franchisees ink fresh deals for five South Florida locations

Lime franchisees ink fresh deals for five South Florida locations

Lime franchisees ink fresh deals for five South Florida locations
arrow_forward_ios

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

Loading...