Judge rules in favor of development at Jockey Club

The ruling was a loss for two Jockey Club condo owner associations that oppose developer Apeiron Miami, LLC

TRD MIAMI /
May.May 28, 2017 10:30 AM

Rendering of Apeiron at the Jockey Club

UPDATED May 30, 3:50 p.m.: A judge ruled that the owner of 14 acres at the 22-acre Jockey Club condo complex in North Miami can proceed with plans to build residences and hotel rooms there.

Miami-Dade Circuit Court Judge John W. Thornton ruled Friday in favor of Apeiron Miami, LLC, and against the condo owner associations of two existing Jockey Club condominium buildings, which had opposed Apeiron’s development plan at the condo complex at 11111 Biscayne Boulevard.

Apeiron, led by Horst Schulze, Michael Bedner and Muayad Abbas, bought its 14 acres at the Jockey Club complex for $3.25 million in 2014 and filed plans in 2015 to build a 40-story tower called Apeiron at the Jockey Club with 240 residential units and 90 hotel rooms.

“This is a major win for Apeiron at the Jockey Club. We are very pleased that the judge’s ruling has cleared the way for us to proceed with the project,” Abbas said in a prepared statement. “From the beginning, we have been committed to working with all Jockey Club residents and making meaningful improvements to the entire property. We look forward to delivering a first-rate project that Apeiron residents and the rest of the Jockey Club community will be proud of.”

Carlton Fields attorneys Christopher Smart, Dane Blunt and Scott Feather represented Apeiron Miami, LLC.


Related Articles

arrow_forward_ios

Construction of downtown Hollywood high-rise may start soon

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

Miami developer Dan Kodsi plans large St. Petersburg project that could cost $2B

South Florida firm buys Sunrise apartment complex for $20.2M

Home owned by late Miami Marlins pitcher Jose Fernandez is in foreclosure

Developer borrows $105M, breaks ground for mixed-use Flagler Village project

PB Gardens condo community seeks yet another contractor to repair its buildings

Pompano upzones Ocean Boulevard site for 19-story condo next to city park

arrow_forward_ios