Mirador at Doral launches leasing of rental apartments

The garden-style apartments are spread among 13 three-story buildings

TRD MIAMI /
May.May 26, 2017 03:15 PM

Mirador at Doral, a 332-unit rental complex in Doral, has begun leasing apartments as it completes construction.

A joint venture between Palm Beach Gardens-based Ram Realty Advisors and GID, a Boston-based real estate investment firm, is developing the multifamily project at 2526 Northwest 84th Avenue in Doral.

The developers have brought on Alexander Bolaños of Realty Investments Corp. to handle leasing, in addition to Ram’s in-house, on-site leasing and management team, said Michael Bowden, director of operations at Ram Realty Services.

Meanwhile, the first renters have begun to move in, while construction is expected to wrap up in the next three to four months, Bowden said. The project was formerly called Residences at Intercontinental Village.

Mirador at Doral’s “garden-style” one-, two- and three-bedroom apartments are spread among 13 three-story buildings, with surface parking, Bowden said. Prices for one-bedroom units begin at $1,725; $1,895 for units with one bedroom plus den; $2,100 for two bedroom units; $2,350 for two bedrooms plus a den; and $2,425 for three-bedroom units, Bolaños said.

Amenities include a clubhouse, wellness center, business center, two swimming pools, a summer kitchen, cabana, dog park and tot lot, as well as room service from the adjacent Intercontinental at Doral Miami.

Records show Ram Columbia Doral bought the 17-acre site for $19.76 million in October 2015, about the same time that GID announced its joint venture, which marks its first with Ram Development Company. Avante Limited, tied to Transal Corp., was the seller, led by Eduardo Poma, according to recores. The Poma family of El Salvador owns Grupo Poma, an automotive, real estate, industrial and hotel company. Salvadoran billionaire Ricardo Poma was an original investor in Bain Capital. Ram also closed on $48 million in financing for the development.

Doral is in the midst of a surge in development, with such projects as Codina Partners’ Downtown Doral, Related Group and Shoma Homes’ CityPlace Doral and JQ Group of Companies and Optimus Developers’ Midtown Doral in the works.

“We’re really excited to be in Doral, in particular to develop a garden-style product because most of what of what has been in Doral has been mid-rise and very dense,” said Jennifer Stull, managing director of asset management for Ram Realty.


Related Articles

arrow_forward_ios
Rendering of an interior living room and kitchen in a home at the Neovita gated community in Doral

Alta launches sales of second phase of Doral development

Alta launches sales of second phase of Doral development
President Trump, Trump National Doral Miami and Delano South Beach (Credit: SAUL LOEB/AFP via Getty Images and Trump International)

Trump’s Doral golf resort, Delano hotel lay off over 800 employees

Trump’s Doral golf resort, Delano hotel lay off over 800 employees
From left: Eden Roc and BLT Prime Trump National Doral (Credit: Acroterion/Wikipedia, and Trump International Hotels Management LLC)

Trump National Doral restaurant, Eden Roc hotel lay off hundreds

Trump National Doral restaurant, Eden Roc hotel lay off hundreds
Rendering of Doral Square and David Martin

Terra boosts loan for Doral Square retail project by $19M

Terra boosts loan for Doral Square retail project by $19M
11300 Northwest 25 Street and Telefonica CEO José María Álvarez-Pallete López (Credit: Google Maps) 

Telefonica sold its Doral data center for $44M

Telefonica sold its Doral data center for $44M
Doral Commons, Adam H. Klein, and Douglas K. Mandel

Former Shoma headquarters goes for $13M

Former Shoma headquarters goes for $13M
From left: MiamiCentral, 800 Brickell, Offices at Doral Square

Here are South Florida’s largest office sales of 2019

Here are South Florida’s largest office sales of 2019
2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

TIAA sells Weston warehouse for $33M
arrow_forward_ios

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

Loading...