Miami New Construction & Proposed Multifamily Projects 3Q17
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Miami New Construction & Proposed Multifamily Projects 3Q17 ID PROPERTY UNITS 83 Kirra's 55 1 Solitair 438 84 264th Street & 147th Avenue 417 2 Panorama Tower 821 85 Alcazar Phase III 168 3 Sofia, The 213 86 Preserve at Coral Town Park, The 84 4 South Pointe 252 87 Wynwood 26 174 88 Gallery at West Brickell 287 5 Altis at Bonterra 314 7 6 Mirador at Doral 332 89 Caribbean Village 123 Total Planned 14,707 7 MiLa 681 96 8 Modera Metro 422 90 170th Street 245 9 2500 Biscayne 156 91 Lucida Palmetto 108 42 40 10 Miami Bay Midtown Residences 175 92 NW 102nd Avenue & NW 170th Street 2000 38 94 44 Total Lease-Up 3,804 93 7925 West 2nd Court 150 90 22 45 97 94 NW 183rd Street & NW 29th Court 90 92 11 Quadro 198 41 43 12 Park-Line MiamiCentral 280 95 Bridge Crossings 74 96 District, The 214 91 13 Liberty Square Phase IA 240 5 98 14 Modera Riverhouse 292 97 Intracoastal Mall 600 39 99 46 15 Midtown 6 447 98 14752 NE 6th Avenue 66 16 Biscayne 27 330 99 SoLe Mia Phase II 3990 93 17 Village at Deering Groves 280 100 Causeway Village 297 100 18 Overture Dadeland 218 101 2200 East 4th Avenue 4400 19 Maizon at Brickell 262 102 Apogean Pointe 68 20 Modera Edgewater 297 103 Liberty Square Phase IIIB 144 104 Liberty Square Phase IVC 120 21 Square Station 710 115 22 Noma North Miami Beach 347 105 Liberty Square Phase IVD 240 23 NW 87th Avenue & NW 41st Street 231 106 Market Station Development 2057 51 28 101 95 34 24 Miami Worldcenter 7th Street 450 107 Superior Manor Phase II 101 109 111 108 Sweet River 108 110 25 Motion at Dadeland 294 104 114 48 26 Alcazar Phase I & II 288 109 Villages II, The 230 119 105 110 Villages III, The 192 35 47 27 Heights at Coral Town Park, The 180 23 28 Villas de Las Palmas 226 111 7000 Biscayne Blvd 85 112 Eastside Ridge 2798 121 120 29 Avant at Met Square 391 117 30 Pearl Midtown 29 309 113 3801 Biscayne Blvd 136 114 5700 Biscayne Blvd 300 6 31 Vice 464 49 32 Aura, The 100 115 Ocean Terrace 55 142 116 116 947 Lincoln Road 100 33 Modera Douglas Station Phase II 181 68 50 34 Triton Center 325 117 Alton Road Mixed Use 250 141 143 118 Miami Beach Marina 250 140 35 Landmark South 420 148 118 36 Gables Columbus Center 200 119 8400 NW 53rd Street 231 37 Soleste West Gables Phase II 221 120 Atrium at Doral 350 121 Overture at Downtown Doral South 193 37 76 36 32 Total Under Construction 8,181 152 147 38 Plaza Pointe 71 122 1543 NW South River Drive 63 77 3 73 123 1900 NE Miami Avenue 358 39 Mosaic Apartments at Opa Locka 104 150 79 153 75 74 40 Aventura Greynolds Village 139 124 2000 Biscayne Blvd 393 69 41 Canopies, The 52 125 1133 SW 2nd Avenue 196 146 33 126 1366 NE 1st Avenue 630 42 5 Park 415 154 149 112 43 Marina del Mar II 256 127 200 South Miami 1020 155 107 128 40 NW 3rd Street 300 71 44 Riverwalk North Miami Beach 730 70 13 129 54 West Flagler 397 18 72 45 Uptown 163 198 25 144 106 46 SoLe Mia 397 130 Art Plaza 630 103 131 City of Miami Headquarters Redevelopment 900 145 8 47 101 Hialeah Drive 105 11 10 48 Legion East 237 132 Falls at Grand Central, The 250 102 133 Flagler Square 100 113 49 Belle Isle 172 26 108 15 50 Wave, The 323 134 Innovation District 250 55 51 Grand Doral 195 135 NE 2nd Street & North Miami Avenue 328 57 136 Resorts World Miami 100 56 52 1836 Biscayne Boulevard 352 30 16 53 1900 Biscayne Boulevard 429 137 World Trade Center of the Americas 400 58 87 54 Arts Luxury 200 138 Casa Luna 79 59 9 20 55 Midtown 7 391 139 Reflections 138 165 124 56 Midtown 8 387 140 275 Fontainebleau Blvd 133 123 141 6950 NW 7th Street 471 53 57 Midtown East 700 80 54 52 142 Oasis at Blue Lagoon 272 157 58 Wynwood 25 289 156 81 158 130 59 Wynwood Square 241 143 Soleste Blue Lagoon 330 134 126 136 144 6075 Sunset Drive 150 21 60 Brickell Ridge Redevelopment 243 82 127 61 Downtown 56 432 145 9600 South Dixie Hwy 420 159 122 14 65 146 3811 Shipping Avenue 153 132 64 62 Liquid Lofts 482 63 63 Luma at Miami Worldcenter 429 147 Coconut Grove Metrorail 250 139 12 24 137 148 Coral Gables City Center 270 89 135 64 Miami Worldcenter Block E 418 166 129 128 31 65 Miami Worldcenter Block G Phase II 413 149 Link at Douglas Phase II 302 133 150 Link at Douglas Phases III & IV 380 83 138 67 62 66 Nexus Riverside 462 66 61 67 Presidente Supermarket 96 151 Yacht Club at Brickell Phase II 572 29 152 3750 South Dixie Hwy 192 131 68 5800 Blue Lagoon Drive 241 1 69 Central Park 77 153 Gables Ponce Phase III 210 88 154 Paseo de la Riviera 234 162 151 70 Sunset Place 414 125 60 71 Modera Metro Phase II 422 155 San Remo Avenue & Venera Avenue 172 2 156 Mareas at Coral Reef Phase III, The 300 161 27 19 72 SW 70th Avenue & SW 85th Street 416 84 17 78 73 33 Alhambra Circle 189 157 Park View 308 86 74 Cassa Grove 116 158 Sandpiper Village 139 4 75 Link at Douglas 288 159 Soleste Bay Village 301 163 LEGEND 160 Blue Heaven Villas 100 85 76 Miracle Residences 282 164 Lease-Up 77 Villa Valencia 103 161 Lanai Landings 54 78 CCCC Miami Towers 500 162 Southern Villas Townhomes 100 Under Construction 163 SW 128th Place & SW 280th Street 193 79 Henry, The 122 Planned 80 Mareas at Coral Reef Phase II, The 192 164 Veranda Homestead 240 81 Mareas at Coral Reef, The 408 165 NW 2nd Avenue & NW 22nd Street 3482 Prospective 82 Atlantico at Palmetto Bay 271 166 Caribbean Village Phase II 226 160 Total Prospective 36,728 2 mi Source: Yardi Matrix a Berkshire Hathaway and Leucadia National company Miami New Construction & Proposed Multifamily Projects FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 Solitair 86 SW 8th Street Miami FL 33130 ZOM Lease-Up 438 Brickell 06/11/2015 03/31/2018 09/01/2017 2 Panorama Tower 1101 Brickell Avenue Miami FL 33131 Florida East Coast Realty Lease-Up 821 Brickell 10/15/2014 02/28/2018 07/01/2017 3 Sofia, The 2000 Salzedo Street Coral Gables FL 33134 Codina Partners Lease-Up 213 Coral Way - Flagler 06/09/2015 12/31/2017 06/01/2017 4 South Pointe 13720 SW 272nd Street Homestead FL 33032 Pride Homes Lease-Up 252 Homestead 11/05/2015 12/31/2017 06/01/2017 5 Altis at Bonterra 3545 West 98th Street Hialeah FL 33018 Altman Companies Lease-Up 314 Country Club 02/15/2016 12/31/2017 04/01/2017 6 Mirador at Doral NEC NW 25th Street & NW 87th Avenue Doral FL 33172 Ram Real Estate Lease-Up 332 Doral 01/01/2016 11/30/2017 01/31/2017 7 MiLa 20901 San Simeon Way Miami FL 33179 Pasadena Communities Lease-Up 681 Norland 01/01/2015 11/30/2017 02/01/2016 8 Modera Metro 8217 SW 72nd Avenue Miami FL 33143 Mill Creek Residential Trust Lease-Up 422 Glenvar Heights 04/01/2015 10/31/2017 06/01/2017 9 2500 Biscayne 2500 Biscayne Blvd Miami FL 33137 Greystone Lease-Up 156 Edgewater - Wynwood 10/01/2015 10/31/2017 04/01/2017 10 Miami Bay Midtown Residences 551 NE 39th Street Miami FL 33137 J. Milton & Associates Lease-Up 175 Morningside 02/01/2015 10/31/2017 01/01/2017 TOTAL LEASE-UP 3,804 11 Quadro 3900 Biscayne Blvd Miami FL 33137 Alta Developers Under Construction 198 Morningside 06/01/2017 06/30/2019 12 Park-Line MiamiCentral SWC NW 1st Avenue & NW 3rd Street Miami FL 33128 Florida East Coast Industries Under Construction 280 Downtown Miami 08/01/2017 02/28/2019 13 Liberty Square Phase IA 4750 NW 24th Court Miami FL 33142 Related Group Under Construction 240 Liberty City - Brownsville 08/01/2017 01/31/2019 14 Modera Riverhouse NW 11th Street & NW 11th Court Miami FL 33136 Mill Creek Residential Trust Under Construction 292 Allapattah 06/01/2017 01/31/2019 15 Midtown 6 3101 NE 1st Avenue Miami FL 33137 Magellan Development Group Under Construction 447 Edgewater - Wynwood 08/01/2017 01/31/2019 16 Biscayne 27 2701 Biscayne Blvd Miami FL 33137 Richman Group of Companies, The Under Construction 330 Edgewater - Wynwood 04/24/2017 12/31/2018 17 Village at Deering Groves 25640 SW 137th Avenue Naranja FL 33032 AHS Development Group Under Construction 280 Homestead 05/16/2017 12/31/2018 18 Overture Dadeland 7400 North Kendall Drive Miami FL 33156 Greystar Under Construction 218 Glenvar Heights 12/27/2016 11/30/2018 19 Maizon at Brickell NWC SW 2nd Avenue & SW 12th Street Miami FL 33130 ZOM Under Construction 262 Downtown Miami 07/01/2017 10/31/2018 20 Modera Edgewater 411 NE 24th Street Miami FL 33137 Mill Creek Residential Trust Under Construction 297 Edgewater - Wynwood 08/01/2017 09/30/2018 21 Square Station 1424 NE Miami Place Miami FL 33132 Melo Development Under Construction 710 Downtown Miami 10/01/2016 09/30/2018 22 Noma North Miami Beach 2145 NE 164th Street North Miami Beach FL 33162 Rivergate Companies Under Construction 347 North Miami Beach 05/01/2017 08/31/2018 23 NW 87th Avenue & NW 41st Street NW 87th Avenue & NW 41st Street Doral FL 33166 Codina Partners Under Construction 231 Doral 08/01/2017 08/31/2018 24 Miami Worldcenter 7th Street 50 NE 7th Street Miami FL 33132 CIM Group Under Construction 450 Downtown Miami 11/23/2016 08/31/2018 25 Motion at Dadeland SW 83rd Street & SW 84th Street Miami FL 33143 Adler Group Under Construction 294 Glenvar Heights 12/01/2016 08/31/2018 26 Alcazar Phase I & II SW 152nd Avenue & SW 284th Street Naranja FL 33033 Alcazar Development Group Under Construction 288 Homestead 05/31/2017 05/31/2018 27 Heights at Coral Town Park, The 14401 SW 268th Street Naranja FL 33032 Fenix Contractors Under Construction 180 Homestead 03/15/2017 04/30/2018 28 Villas de Las Palmas 3500 West 9th Avenue Hialeah FL 33012 CFH Group Under Construction 226 Hialeah 02/28/2017 03/31/2018 29 Avant at Met Square 340 SE 3rd Street Miami FL 33132 ZOM Under Construction 391 Downtown Miami 01/15/2016 02/28/2018 30 Pearl Midtown 29 180 NE 29th Street Miami