First phase of $4B SoleMia project completed

Next phase calls for 33-story, 300-unit condo tower

Miami /
Jan.January 10, 2019 08:45 AM

Rendering of SoleMia and Richard LeFrak (Credit: Getty Images)

The first pieces of SoleMia, a $4 billion, master-planned community in North Miami, are now being delivered as the developers plan for the next phase.

LeFrak and the Soffer family, led by Jeffrey and Jackie Soffer, began building the ambitious, 184-acre development at 15055 Biscayne Boulevard in 2015. On Monday, they’ll begin leasing twin 17-story apartment towers called The Shoreline, which will have a total of 397 rental units. Monthly rents range from $1,700 to $3,700, and tenants will start moving in next month, according to the Miami Herald.

SoleMia, built on top of a former landfill and in a designated Opportunity Zone, also features a Crystal Lagoon, a seven-acre, man-made lagoon with its own beaches and island. Costco, which moved from its previous location nearby at 14585 Biscayne Boulevard, will also open soon.

LeFrak told the Miami Herald that the developers are working on plans for the next phase, which calls for a 33-story, 300-unit condo tower and a seven-story apartment building. In all, the project is expected to take at least 15 years to complete with 4,000 residential units, a hotel, office and retail space, parks and a school. [Miami Herald] – Katherine Kallergis


Related Articles

arrow_forward_ios
Hollywood Locations' Christopher Ursitti and 1400 Northwest 31st Avenue (Hollywood Locations, Google Maps)
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Movie studio complex may rise on former incinerator site in Fort Lauderdale
the Church of God Evangelical at 12830 Northeast Sixth Avenue in North Miami with Daniel Jaramillo and Tomas Sinisterra of Strategic Properties based in Miami (Google Maps, LinkedIn)
Praying for a profit? Developers plan multifamily project on North Miami church site, adjacent property
Praying for a profit? Developers plan multifamily project on North Miami church site, adjacent property
Blue Road’s Marcelo Tenenbaum and Jorge Savloff with Emblem Tower (Northmiamifl, Blue Road, iStock)
Blue Road plans 20-story, 139-unit multifamily project in North Miami
Blue Road plans 20-story, 139-unit multifamily project in North Miami
Carlos Rosso and Jackie Soffer with Rendering of One Park Tower by Turnberry at SoLé Mia (Turnberry, iStock)
Turnberry, Carlos Rosso to develop condo tower at massive SoLé Mia in North Miami
Turnberry, Carlos Rosso to develop condo tower at massive SoLé Mia in North Miami
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
Jon Paul Pérez and Jorge Pérez (The Related Group, Wikipedia)
Related Group proposes 382 apartments on Johnson & Wales site in North Miami
Related Group proposes 382 apartments on Johnson & Wales site in North Miami
Javier Cervera Jr. sells North Miami apartments for $10M in 1031 exchange
Javier Cervera Jr. sells North Miami apartments for $10M in 1031 exchange
Javier Cervera Jr. sells North Miami apartments for $10M in 1031 exchange
Jackie Soffer with 2750 Northeast 199th Street (Google Maps, Turnberry.com)
Jackie Soffer’s Turnberry proposes office/retail project near Aventura Mall
Jackie Soffer’s Turnberry proposes office/retail project near Aventura Mall
arrow_forward_ios

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

Loading...