Aqua Briza to Start Construction Soon

Urbanice Modern Life Developers is planning to start construction on Aqua Briza within the next six months. The project is a 57-unit, nine-story condominium tower located in Miami's Little Havana. Units will range in size from 600 to 820 sf. with balconies ranging from 120 to 150 sf. The project is being marketed as a high-style urban condo with great value. The prices start from $195,000 with the total estimated sellout of the project at $13 Million. That puts the average unit price at $228,000. The project is located close to Downtown and the Brickell Financial District. The project features one-bedroom unit as well as one-bedroom with den units. Urbanice Modern Life Developers is a joint venture between locally based ARKS LLC and Atlanta-based Wood Partners.

We will be detailing the project on AllMiamiPreconstruction.com within the next few weeks so come back soon!

Freedom Tower Passes Final Test

New York City, NY - The final major hurdle in the construction of the new Freedom Tower has been cleared with the approval of the Porth Authority of New York and New Jersey. The group met Thursday and gave final approval for the $2.9 Billion construction of the Freedom Tower. The tower is to have 2.6 million square feet of space with the height reaching a symbolic 1,776 feet. The tower will be occupied by numerous government offices occupying over half of the facility. Construction is expected to be entirely complete by 2015.

Building Near MLK's Birthplace To Be Converted Into a Loft

As part of the ongoing redevelopment of a group of buildings that were originally constructed as cotton wearhouses, an Atlanta partnership has anounced the conversion of a historic building on Aubrun Avenue. The project is located in the neighborhood that was the birthplace of civil rights leader Dr. Martin Luther King, Jr. The neighborhood has recently seen a rebirth as a live, work and play districtl. The overall project is called Studioplex and also includes 28 retails galleries. The converted building has not been given a name yet but is expected to be priced starting in the mid-$100,00's. There will be 112 loft residential units and 18 loft offices all featuring 12-foot to 17-foot ceilings, stainless steel appliances and granite countertops.

Below is a map of the proposed location. Click on the image for a larger view.

Cyclist-Friendly Project in South Carolina Sets September Start

Greenville, SC - A new theme of developments may be rising with the planned start of Pla d'Adet, an 85 home project set near the foothills of the Blue Ridge Mountains. The project is one of the first to include trails for cyclists and mountain bikers in its list of amenities. Traditionally Golf has been the main sport that would attract buyers of homes in sunny climates and subsequently property along a golf course will be worth more than a simliar property that is not on the course. The developers of Pla d'Adet are hoping that the growing number of cyclists will have the same affect on their development.

Although the development will include a wide range of amenities geared toward the general fitness minded buyer and not just cyclists. Among the amenities will be a 35,000 sf. Fitness Center with a workout arena, a 25-meter indoor pool, aerobic studio, group cycling studio, spa and dry sauna. There will also be two four-mile outdoor tracks, one for cycling and the other for mountain biking and trail running. The project is planning to break ground in September to coincide with the USA ProCycling Championships. It is expected to be complete by spring of 2008.

Oasis on the Bay to Begin Construction This Summer

The Related Group has anounced that Oasis on the Bay will begin construction this summer. Oasis on the Bay is Nestled on a prime centralized waterfront location, it is an excellent project for those who understand the value of waterfront property, but who do not want to pay the highest prices in town for that luxury. The property fronts the bay and is just minutes from South Beach and Downtown. We will be following the project closely and will post updates on the AllMiamiPreconstruction.com.

West Hollywood Approves 152-unit Multifamily Project

Greenwich Place is being hailed as the largest affordable housing complex ever in West Hollywood. Two years after plans were first submitted to the West Hollywood City Council, and following significant cooperation between the developers and city planners, the project has finally been approved (unanimously) for construction to begin. The project is expected to take up to 22 months for total build out once construction begins later this year. Greenwich Place is slated for a mix of 117 market-rate condominiums and 35 units of affordable housing. The project is in a very good location off Beverly Boulevard and San Vincente Boulevard in an area known as the Sherbourne Triangle. We will definitely be tracking this project and will let you know when more details become available.

Here is a map of the location, click on it for a larger view...

Five-Star Builders Begins Construction on "Floridian Key"

614 Townhomes will begin rising in Florida City, FL adjacent to the Florida City Prime Outlets Mall. The project is in close proximity to a Home Depot, Wal-Mart Superstore and the Homestead Sportes complex. The project is billed as a solution to the affordable housing crisis in South Florida. With units starting at 1,150 sqaure feet that start in the $200's the prices are definitely much lower than the urban areas of Miami-Dade county. To attract buyers in a slow residential market the developer is planning to offer several upgrades as standard features. They will probably offer additional incentives and we will be researching the project very closely to bring our members the best information available.

The Related Group Investing $1 Billion in Mexico

Jorge Perez, President and Owner of The Related Group, has anounced that the company will invest more than $1 Billion in Mexico in the next few years. Perez touts Mexico's "incredible weather and incredible beaches and landscape" as reasons that United States second-home buyers will be drawn to our neighbor to the South. One of the main targets is the U.S. Baby Boomer population, who as everyone now knows has expendable income and accumulated wealth that they will soon be bringing to bear for their retirement. Perez reasons that savvy U.S. consumers will gladly pay $300/sf. for a luxury condo on the beach in Mexico as opposed to prices that are 5 times higher in cities such as Los Angeles and Miami. The first project in The Related Group's plans will begin construction in 6 months in Puerto Vallarta. It will have 336 condos and will have a price tag of $200 Million. The team at All Preconstruction is already working to get details on these projects for our members. Check back soon at www.AllMexicoPreconstruction.com!