River Parc master plan in Little Havana
Miami-Dade County, Related Urban Development Group and SunTrust unveiled plans on Tuesday for the River Parc master plan, which will add 1,800 affordable and workforce housing units to a 22-acre property in Little Havana. The project consists of the public housing projects Robert King High, Haley Sofge and Martin Fine Villas.
This week, the county and Related’s affordable housing arm broke ground on the Gallery at River Parc, a 150-unit development at 780 Northwest 13th Court in Miami. That building will include a swimming pool, gym, multipurpose room and business center. It will have 40 studios, 70 one-bedroom units, and 40 two-bedroom units. Eighty percent of the units will be set aside for workforce housing and 20 percent will be affordable.
The total unit count at River Parc will be 2,600 apartments, including 800 existing public housing units. SunTrust is financing the project with a construction loan totaling more than $28 million, according to a spokesperson. Justin Ginsberg, Donna Kelce and Rebecca M. Cox of SunTrust arranged the financing.
Unknwn in Wynwood
LeBron James’ Unknwn is opening on Dec. 5 at 261 Northwest 26th Street in Miami. The 10,000-square-foot store includes 3,000 square feet of retail space and 4,000 square feet of courtyard space, designed by the firm New York Sunshine.
James co-founded Unknwn with Jaron Kanfer and Frankie Walker Jr. In South Florida, it also has a location at Aventura Mall. David Edelstein owns the Wynwood retail building.
Source: The Real Deal