Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»Infinity Real Estate Proposes 28-Story Rental in Miami’s Little River – Commercial Observer
    Property

    Infinity Real Estate Proposes 28-Story Rental in Miami’s Little River – Commercial Observer

    July 15, 20242 Mins Read


    Infinity Collective has proposed a 28-story rental tower in Miami’s Little River neighborhood, using the Live Local Act. 

    The 693,203-square-foot development at 8038 NE Second Avenue would feature 454 units, about 19,900 square feet of commercial space on the ground floor, and an eight-story parking structure. 

    SEE ALSO: Hidrock and Robert Finvarb Use Live Local Act to Propose 39-Story Rental in Wynwood

    In accordance with the Florida law, which passed last year, 40 percent of the units will be set aside for those earning no more than 120 percent of the area’s median income. 

    While the law allows developers to build up to the maximum height within a one-mile radius — in this case, up to 48 stories — Infinity Collective is seeking only an additional four stories, according to the proposal that the Miami Urban Development Review Board will hear Wednesday. 

    The New York-based developer purchased the 2.2-acre site, which sits just south of the restaurant corridor that’s home to Tran An, Off Site Nano Brewery and Pastamarket, for $13.4 million in 2022, according to property records. 

    The lawyer representing Infinity Collective, Ian G. Bacheikov of Akerman, did not immediately respond to a request for comment. 

    Developers have used the Live Local Acts to launch massive projects. Just over a month ago, a developer named Pablo Castro proposed building 3,233 units across six buildings in Miami’s West Little River neighborhood.

    Others have used the new law to push the boundary of height. In Wynwood, where buildings have been capped at 12 stories, Hidrock Properties and Robert Finvarb Companies together filed plans to build a 39-story building with 336 rentals.

    Julia Echikson can be reached at jechikson@commercialobserver.com. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    UK ‘second cities’ show strongest property yield growth for investors

    Property

    Property boss drapes enormous 100ft Union flag across former council HQ after officials told him to remove smaller version

    Property

    Period property with views across Morecambe Bay for sale

    Property

    Private real estate: from recovery to resilience

    Property

    Revenue investigating technical issues with Local Property Tax portal – The Irish Times

    Property

    Bonds, levy send Salem property taxes soaring

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Property

    DIRECT. Real Madrid – Real Sociedad : Mbappé et le Real cherchent le break, suivez le match

    Commodities

    African commodities giants House of Commodity, Zéro Ferro set sights on global market dominance

    Commodities

    The Agricultural Fixes Africa Needs by Esther Ngumbi

    Editors Picks

    Amir Tabch: Building a Resilient Strategy for FinTech Growth

    October 23, 2024

    Metal Gear Solid Delta dévoile son intro : le retour mythique de Snake Eater réorchestré

    May 22, 2025

    Lowest mortgage rates spur U.S. property market

    August 29, 2024

    voici la nouvelle Seamaster Bronze Gold ! – Masculin.com

    March 1, 2025
    What's Hot

    NREL Research Dives Deeper Into the Mysteries of Energy Control in Electron-Bifurcating Enzymes | News

    July 11, 2024

    Le New York City Teachers ? Retirement System soumet des propositions d’actionnaires à Lyft, Inc

    April 11, 2025

    Cryptocurrency Market is Expected to create a new growth

    October 22, 2024
    Our Picks

    I’m 40 and Just Opened an IRA. Is My Retirement Doomed?

    August 29, 2024

    Les investisseurs redécouvrent soudain ce métal précieux bien connu

    June 13, 2025

    Elixir Energy expands Project Grandis with ATP 2077 award

    August 19, 2024
    Weekly Top

    Mary Earps ‘postpones Wembley farewell’ after dramatic retirement before Euros triumph

    October 29, 2025

    UK ‘second cities’ show strongest property yield growth for investors

    October 29, 2025

    Record surge in Norwegians reporting crypto « Euro Weekly News

    October 29, 2025
    Editor's Pick

    Copper Giant annonce des teneurs record en cuivre sur le projet Mocoa en Colombie

    June 25, 2025

    Action Spotify Technology S.A. | Cours SPOT Bourse Nyse

    September 15, 2004

    Former KC Royals Gold Glove winner might be looking for a new team

    August 27, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.