Miami, FL
AMAC, ROVR Development Break Ground on Miami-Area Community
AMAC and ROVR Growth are working collectively but once more for a challenge in South Florida. The 2 builders have began development on a 290-unit neighborhood positioned at 17990 W. Dixie Freeway in Aventura, Fla.
The builders additionally landed a $67 million development mortgage from Ocean Financial institution for the challenge, which is slated to finish within the first quarter of 2024. The challenge group consists of Anillo Toledo Lopez because the challenge’s architect and Delant Building as the overall contractor.
The challenge web site will see an eight-story constructing providing studio, one-, two- and three-bedroom floorplans that common roughly 825 sq. ft. The models will probably be constructed with stainless-steel home equipment, in-unit washer and dryers and sensible lock entry. The builders are constructing the neighborhood with a two-story health club, spa, sauna, pool, outside kitchen and grilling areas, canine wash, membership room, library, media room, social lounge and sundown terrace.
The remainder of the residential property will function a comfort market, concierge, sensible package deal heart and a parking storage that features 36 charging stations for electrical automobiles. The challenge additionally has 1,760 sq. ft of workplace house that will probably be operated by Ora, a platform that rents out non-public workplace house in residential buildings.
BUILDING IN SOUTH FLORIDA AND BEYOND
The residential challenge is the newest partnership between AMAC and ROVR within the South Florida market. The 2 corporations beforehand labored collectively to develop Biscayne 112, a 402-unit neighborhood in Miami that was lately accomplished.
By itself, AMAC acquired a web site for an additional multifamily growth at 4465 Griffin Highway in Hollywood, Fla., in February. The positioning will turn out to be a 180-unit neighborhood as AMAC is planning to start out development on it later this yr. Outdoors South Florida, AMAC additionally has present developments in Nashville, Tenn., Dallas and New York Metropolis. As for ROVR, the corporate began pre-leasing at its revolutionary residential challenge that’s being constructed on prime of the Miami Parking Authority’s headquarters.