Exciting New Development in Overtown: One West Twelve Residences
The skyline of Overtown is set to change dramatically with the announcement of a new 22-story development: One West Twelve Residences. This ambitious project is the collaborative effort of PMG, Lion Development Group, and LNDMRK, with architectural design by Cube 3.
One West Twelve Residences promises to bring 372 residential units to the heart of Overtown. Each unit will be delivered finished and furnished, making it an attractive option for buyers looking for a move-in-ready home. Additionally, the development will allow short-term rentals, catering to both long-term residents and short-term visitors. This flexibility is expected to attract a diverse mix of inhabitants, contributing to the vibrant community atmosphere.
The development is a collaboration between three prominent entities in the real estate industry:
PMG (Property Markets Group): Known for their innovative approach and high-quality developments, PMG has a long history of successful projects that blend modern design with functionality.
Lion Development Group: With a reputation for creating impactful urban spaces, Lion Development Group brings a wealth of experience and a commitment to enhancing the living experience in the communities they serve.
LNDMRK: This firm is recognized for its forward-thinking projects that prioritize sustainability and community integration. Their involvement in One West Twelve Residences ensures a focus on eco-friendly practices and community-centric design.
The architectural firm Cube 3 has been tasked with bringing the vision of One West Twelve Residences to life. Known for their cutting-edge designs and attention to detail, Cube 3 is expected to deliver a building that not only enhances the Overtown skyline but also provides a comfortable and aesthetically pleasing living environment for its residents.
The introduction of One West Twelve Residences is more than just a new building; it represents a significant step in the ongoing revitalization of Overtown. The development is expected to boost the local economy, create new jobs, and attract new businesses to the area. It also aligns with the broader efforts to transform Overtown into a thriving, modern neighborhood that respects its historical roots while looking towards the future.
One West Twelve Residences is poised to become a landmark development in Overtown, offering modern, flexible living options in a vibrant community setting. With the combined expertise of PMG, Lion Development Group, LNDMRK, and Cube 3, this project is set to redefine urban living in Overtown, making it an exciting time for current and future residents of the area. Stay tuned for more updates as this project progresses!
More Development Secures $76.81 Million Loan for SoWy: A Vibrant, Sustainable Mixed-Use Project in Miami
An international real estate company based in Miami and Nassau, Bahamas, More Development, has secured a significant $76.81 million loan for their latest venture, SoWy. This upcoming mixed-use development is set to transform the Wynwood and Overtown areas, situated north of Downtown Miami. The loan was announced by More Development President Whitney Thier and was provided by JP Morgan Chase.
The SoWy project spans nearly eight acres and includes 26 parcels across six blocks along 2nd Avenue, between NW 20th and 22nd Street. The site offers nearly 2.5 million base buildable square feet, even before considering the provisions of the Live Local Act. Initial plans for SoWy feature flexible and adaptable multi-use indoor and outdoor spaces, all housed within site-specific architectural buildings.
A key aspect of the SoWy development is its integration of residential spaces within a dynamic, creative environment, all while focusing on sustainability. More Development, which maintains an office within the SoWy site, is dedicated to respecting the unique cultural and artistic vibe of Wynwood and Overtown, ensuring seamless integration with the neighborhoods’ atmosphere.
Whitney Thier emphasized this commitment, stating, “More Development values artistry, craftsmanship, and history, and we were drawn to the soul and rich history of the area. With financing in place, we are ready to realize the initial phase of our plans to invigorate the neighborhood with a new vibrant environment where people can live, work, shop, dine, and play in a pedestrian-friendly and art-forward setting. We are eager to be a part of the community and are fully committed to preserving and enhancing the area’s distinctive character and contributing positively to its ongoing evolution. SoWy will build upon Wynwood and Overtown’s unique culture that attracts a diverse mix of residents of all ages and backgrounds.”
Wynwood is renowned for its vibrant street art, trendy galleries, and eclectic mix of shops and eateries. The neighborhood has experienced significant growth in recent years, with visitor numbers rising from 240,000 in 2013 to 15 million annually in 2023, according to the Wynwood Business Improvement District.
Overtown, on the other hand, is recognized for its historical significance and vibrant African-American heritage. Once known as the “Harlem of the South,” Overtown has been a cultural hub for music, arts, and community gatherings. The neighborhood is home to historic landmarks such as the Lyric Theater and hosts numerous cultural events celebrating its legacy.
More Development has a remarkable track record, having developed over seven million square feet of mixed-use property worldwide. The company is well-known for projects such as Baha Mar, a large resort in The Bahamas that includes three luxury hotels, 30 restaurants, bars, lounges, an 18-hole Jack Nicklaus-designed golf course, 10 swimming pools, a world-class spa, and the largest casino in the Caribbean. More recently, they completed Arev St. Tropez, a bespoke luxury hotel in the French Riviera, and are currently developing Mahogany Hill, a collection of luxury condominium residences in Nassau, The Bahamas.
With the SoWy project, More Development is set to enhance the vibrant and culturally rich neighborhoods of Wynwood and Overtown. The project promises to create a new, dynamic environment that respects the unique character of these areas while offering modern, sustainable living spaces. As the development moves forward, it will undoubtedly contribute to the ongoing evolution and growth of Miami.
New Development in Overtown Receives FAA Approval, Paving the Way for Innovation
Last week marked a significant milestone for Overtown, a neighborhood poised for transformation, as the Federal Aviation Administration (FAA) greenlit a groundbreaking development project. This ambitious initiative, planned to span multiple blocks, promises to reshape the area’s landscape and inject a new vibrancy into the community.
The development, meticulously designed to harmonize with the neighborhood’s dynamic, encompasses four distinct structures strategically positioned along Northwest 2nd Ave, bordered by Northwest 11th St, Northwest 10th St, and Northwest 9th St. This strategic location is not just a testament to the project’s scale but also its potential impact on the area, signaling a new era of growth and opportunity for Overtown.
Historic Overtown Partners, LLC, the entity behind this visionary project, received the FAA’s approval letter, marking a crucial step forward in the development process. The company, which shares an address with the renowned developer Terra, is at the forefront of this initiative. Further cementing the project’s solid foundation is the involvement of Lion Development, an affiliate recognized as a manager of the company in state records, showcasing a robust partnership poised to drive the project to success.
The FAA’s approval highlights the project’s adherence to stringent safety and regulatory standards, with the tallest structure approved to reach a height of 162 feet above ground, or 173 feet above sea level. This approval not only underscores the project’s ambitious scope but also its commitment to integrating seamlessly into the urban fabric while respecting the surrounding environment.
At the heart of this development is the proposal for the Technology Arts Media Innovation Building, a collaboration between Terra and Lion. Situated near the newly approved FAA site in Overtown, this building is envisioned as a beacon of innovation and creativity. It aims to serve as a hub for technological advancement, artistic expression, and media innovation, reflecting the project’s broader goal of fostering a vibrant, forward-looking community.
Miami’s Review Board Approves New Construction Development in Overtown- Block 19
Miami’s Urban Development Review Board has given the green light to Overtown Block 19, a 25-story mixed-use development slated at 1159 Northwest 1st Court in Overtown.
The approximately 275-foot-tall building, which was designed by Nichols Architects with Witkin Hults + Partners serving as the landscape architect, is being developed by RNG Overtown LLC in Morganville, New Jersey. It will have 606,942 square feet of space divided between two towers connected by a podium, including 413 multifamily units, about 20,000 square feet of ground-floor retail, and 505 parking spaces.
The property is surrounded by Northwest 11th Terrace, Northwest 1st Court, NW 12th Street, and NW 1st Avenue and is part of Block 19 of the Alice Baldwin Subdivision. Within the Southeast Overtown/Park West Community Redevelopment Agency (SEOPW CRA) section of the city, the site consists of unimproved land.
The land is a part of a 1.16-acre Transit Oriented Development District (TOD) that spans from 1129 to 1159 Northwest 1st Court and 105 to 113 Northwest 11th Terrace. It is located four blocks north of the Overtown/Lyric Theatre Metrorail Station and south of Interstate 395.
Aluminum and clear glass window walls, smooth off-white, green, and light blue painted stucco reinforced masonry walls, and cast-in-place concrete wall projections make up the outside facade of the structure. The building’s pedestal will have panels with wood patterns, aluminum and glass storefront systems, art murals, and horizontal aluminum louvers. The balcony slabs will have dark metal railing systems.
As it combines cultural arts, produces sustainable jobs, promotes the neighborhood as a destination for culture and entertainment, and enhances the quality of life for Overtown inhabitants, Overtown Block 19 complies with the Southeast Overtown/Park West CRA Redevelopment Plan.
Construction jobs, long-term jobs for on-site facility maintenance, and commercial use will all be created by the project, which also includes artwork by a local artist to activate the facade and raise cultural awareness in the neighborhood.
The Related Group Plans for Demolition of Site for New Tower-Miami Station
In January 2021, the developer, the Related Group revealed plans for a proposed transit-oriented tower called Miami Station. Now, plans are rolling out to begin demolition and preparation for construction.
The pre-construction site located at 525-533 NW 2nd Ave in the Overtown district of Miami recently filed to begin demolishing the current parking garage that sits on the site. The remains of the parking garage is that of the Logik office tower that stopped mid-construction during the recession in 2008. The concrete shell of the garage has never been utilized.
A separate lot is adjacent to MiamiCentral Station and is also the former site of the Krystal Tower that was never completed. A separate lot next door with the once planned tower, Avery MiamiCentral will eventually be added to the Miami Station site plan.
Once construction begins, the proposed tower will rise 41 stories at 459 feet tall. The proposed plans would include 309 apartments, over 200,000 square feet of office space, over 8,000 square feet of retail, and 510 parking spaces.
Units will feature studio to 3 bedroom floor plans a well as a few penthouse units ranging from 460 to 1428 square feet of living space.
The office space will occupy the first 12 floors with 13-foot slab to slab heights. The residential units will occupy the higher floors with 10-foot slab to slab heights.
