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  #1  
Old Posted Aug 27, 2014, 12:04 AM
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MIAMI | SoLe Mia (4390 Units) | 16 x 25 FLOORS | FT | 25 x (10-14 FLOORS) | FT

One of the largest multi-tower projects in the country.

Note: It will take 15 years to finish, but it has started construction and two of the towers are complete.




Renderings/scope of the project:











=======================
Reference: http://www.biscaynelandingmiami.com/faqs.html (Official Project Site: Has informations, q/a on the project)
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  #2  
Old Posted Nov 5, 2014, 4:48 PM
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Biscayne Landing Developer Buys More Land, Plans Over 4,000 Units

Quote:
More condos are coming to the Biscayne Landing property in North Miami, which was once a superfund site.

Oleta Partners LLC, a partnership between Michael Swerdlow and the Lefrak Organization, are buying an additional 50 acres from the city of North Miami. They are paying just $4 million up front for the newly added land, with another $16 million to be paid over the next ten years. The city will also get 2 percent of condo sales.

The developers plan to build over 4,000 units at the site.


Quote:
North Miami, Florida – October 30, 2014 – Biscayne Landing, the premier mixed-use real estate development located at N.E. 151 Street and Biscayne Boulevard in the City of North Miami, will move forward after the North Miami City Council’s decision to approve a comprehensive resolution to sell approximately 50 acres of land currently under a ground lease to Oleta Partners, the developers of the project.

“We are extremely pleased with the City Council’s decision,” stated Michael Tillman, President of Oleta Partners LLC. “Together with other agreements that will streamline the development process, this approval allows this critically important project to move forward.”

The Biscayne Landing project will include lifestyle retail and a residential community comprised of more than 4,000 units. Once completed, it will not only reshape the City of North Miami, but will generate thousands of new jobs, and, over time, provide an infusion of millions of dollars in sales and property tax revenues.

“We are pleased that the Biscayne Landing project is moving forward,” said North Miami Acting Mayor Philippe Bien-Aime. “This is a sign of true progress for our City. This project will be an invaluable resource to North Miami and our residents for years to come.”
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November 3, 2014
http://www.thenextmiami.com/index.ph...er-4000-units/
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  #3  
Old Posted Mar 11, 2015, 2:13 PM
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Soffer Buys 50% Stake In Biscayne Landing, Plans ‘New Skyline’ With 4,000 Units

Quote:
Turnberry Associates has purchased a 50% stake in the Biscayne Landing project from Richard LeFrak.

LeFrak sold to Turnberry after buying out Michael Swerdlow and Ezra Katz, who were investors in the project. Terms were not disclosed.

The 183-acre site is located at 15045 Biscayne Boulevard in North Miami. The developers plan to build over 4,000 residential units, along with a million square feet of commercial space

The Biscayne Landing name, associated with contaminated land and a failed condo project, will be scrapped.

‘This is an exciting opportunity for two of the country’s leading real estate companies to develop an unprecedented master planned community and create a new skyline in South Florida,’ says Jeffrey Soffer, Chairman and CEO of Turnberry Associates. ‘Both of our relationships will be leveraged to build something that has never been seen before in this market.’

Arquitectonica has been retained as an architect for the project, according to the Herald, along with Design 3 International of Maryland and landscape-design firm EDSA.









======================================
http://www.thenextmiami.com/index.ph...th-4000-units/
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  #4  
Old Posted Mar 11, 2015, 3:53 PM
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Down from 6000?
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  #5  
Old Posted Mar 11, 2015, 4:05 PM
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Quote:
Originally Posted by Busy Bee View Post
Down from 6000?
Its tentative but has a positive correlation. Also, the developers plan to build "over" 4000 units. According to the actual main site, the number is close to 6000. This keeps changing over the months, but it seems to be increasing. The site itself is huge, and more units will most likely be added as the design changes or alters based on the demand. This is a decade plus long project, so the unit number will increase overtime. Think of this as a hudson yards type of development, with figures and designs being revealed as the months go by.
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  #6  
Old Posted Mar 11, 2015, 8:31 PM
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Huh, I didn't realize Miami still had land available for greenfield development.
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  #7  
Old Posted Mar 12, 2015, 2:30 PM
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It's brownfield development and a former superfund site.

http://en.wikipedia.org/wiki/Munisport
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  #8  
Old Posted Apr 28, 2015, 12:17 AM
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LeFrak, Soffer team up



Quote:
Creating a South Florida partnership that unites two real estate dynasties, Richard LeFrak, chairman and CEO of LeFrak, and siblings Jeffrey Soffer and Jackie Soffer, principals of Turnberry Associates, entered into a joint venture to develop Biscayne Landing as a master planned community.

The 183-acre site, on Biscayne Boulevard in North Miami, is the largest undeveloped parcel of land east of the thoroughfare in South Florida. It is zoned for 4,390 residences and more than 1 million square feet of commercial space.

They did not disclose financial terms. Development costs could reach $1 billion.

At a recent real estate conference in Miami, LeFrak called the massive development, which adjoins Oleta River State Park, the “last great thing I have in me.”

“It’s designed as a community for people who live here,” he said, “not for people who come for three weeks of the year.”

Biscayne Landing is a former landfill that languished for years after an attempt to develop the site fell apart early last decade.

Turnberry Associates has overseen and developed 785 acres of land over the last 50 years.
=================================
http://therealdeal.com/issues_articl...ida-report-18/
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  #9  
Old Posted May 20, 2015, 8:31 PM
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North Miami’s $4 Billion SoLeMia Will Have Two Swimmable 10-Acre Lagoons Surrounded By Mall, Apartments



Quote:
You’ll soon be able to swim in one of two 10-acre lagoons on a former Superfund site in North Miami.

The project, to be called SoLeMia (apparently a play on Soffer/LeFrak/Miami), is being developed by the LeFrak and Soffer families. It was previously known as Biscayne Landing.

The two partners started $150 million of infrastructure work last month, including roads, sewers, and the swimmable lagoons. They are financing the work themselves, according to the WSJ.

Groundbreaking on two rental towers and 500,000 square feet of retail space is scheduled in about 15 months, following the completion of infrastructure work. Eventually, the $4 billion project will include 4,390 residential units and more than 1 million square feet of commercial space.

Arquitectonica is the project architect.
===================================
http://www.thenextmiami.com/index.ph...dential-units/
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  #10  
Old Posted May 20, 2015, 9:40 PM
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Just want to make a reminder that if we compare the renderings in the first post, to the one above this post, notice the sudden change. The design on this may change over time as more towers are added. Just keep that in mind. Gradual improvements overtime, and even added units. Current figures are accurate, but there may be a time when they could change upward. Even with the mid rises, that is being worked on. This in the end may wind up being denser. Think of this project as a Hudson Yard type where its gradually changing, often for the better. This is of course dependent on the market, so if all goes well, figures may be revised upwards and more midrises added where we currently see a mix of low/mid.
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  #11  
Old Posted Jun 5, 2015, 11:43 PM
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Groundbreaking held for $4B development in North Miami

Quote:
NORTH MIAMI, Fla. (WSVN) -- The City of North Miami broke ground on a multibillion-dollar development project Thursday.

SoLe Mia will be located near the area of Northeast 146th Street and Biscayne Boulevard. The $4 billion undertaking is one of the largest development projects in South Florida.

The project will include at least 10 high-rise residential towers, an upscale shopping mall, movie theater, car dealerships and hotel. "SoLe Mia is here, and it is here to stay," said North Miami Mayor Smith Joseph. "It is here to create jobs; it is here to create opportunities, contracts, and first and foremost, it is here to put North Miami on the international map."

The project is expected to be complete in 2018.
===============================
http://www.wsvn.com/story/29243057/g...in-north-miami
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  #12  
Old Posted Jun 5, 2015, 11:46 PM
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  #13  
Old Posted Jul 30, 2015, 3:43 PM
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This is How SoLe Mia Will Have Giant, Clear, Swimmable Lakes

Quote:
SoLe Mia, the 183 acre, $4 billion megaproject that the Soffer and LeFrak families are building in North Miami will have two artificial turquoise lagoons that are ten acres each and are completely clear and completely swimmable, with beaches. Circled by residential high-rises, the lakes will also be usable by motor-less watercraft and will turn inland luxury condos into waterfront property. The lagoons will be able to do all of this because they will actually be environmentally friendly swimming pools.

Not that that's a bad thing, of course, but considering the scale of these things and how they're meant to mimic natural bodies of water, 'pool' is a word that everyone involved tends to avoid. But they are pools. The technology for these pools has already been mastered in the largest pool in the world, at the San Alfanso Del Mar Resort in Chile, says the Daily Business Review. Located on a choppy Chilean beach, the resort owner wanted a placid swimming environment for his guests and literally invented a filtration system to create a duplicate beach and ocean right next to the real one. Now the pool company, called Crystal Lagoons, installs its giant 'lagoons' all over the world, two of which are coming to SoLe Mia.

Intended for vast pools like these, the system uses few chemicals, depending on the intended pool's particular situation, uses recirculated water, has a liner at the bottom to keep outside elements out, is very clear, and free of marine life. Although renderings of SoLe Mia and photos of existing pools in other places appear to show sandy beaches, it is unclear if that sand actually continues into the pool. It is also high tech. According to their website FAQ, Crystal Lagoons has a central 'control center' where all of their pools are operated remotely.
=========================
http://miami.curbed.com/archives/201...rak-soffer.php
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  #14  
Old Posted Jul 31, 2015, 1:11 PM
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  #15  
Old Posted Aug 6, 2015, 7:46 PM
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Yes! Biscayne blvd in Miami, South Florida is just a great place to live and to buy new flat in new construction or even better and cheaper in pre-construction. If needed professional support for this money investment or just to find the best option for your new flat, feel free to contact: http://newfloridabeachhomes.com/ Atlantic Realty, LC 786-908-3715
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  #16  
Old Posted Sep 2, 2015, 4:34 AM
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Tenants:

Quote:
Demand has been strong for space at Sole Mia in North Miami.

A tenant plan that was leaked to TNM includes:

Barnes and Noble
Dicks Sporting Goods
Fred Segal
Ulta
Tommy Bahama
Restoration Hardware
Pirch
Arhaus Furniture
24 Hour Fitness
Lucky Strike Bowling
CinéBistro
J Alexander

Barnes and Noble closed their popular store in nearby Town Center Aventura (formerly Loehmann’s Fashion Island) at the end of 2012. That property was owned by Sole Mia co-developer Turnberry Associates.


==================
TNM
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  #17  
Old Posted Nov 13, 2015, 3:58 AM
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New Rendering and new site is up for the big development.: http://solemiamiami.com/index.php



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  #18  
Old Posted Jan 14, 2018, 3:17 PM
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Long-delayed North Miami development lands big Wells Fargo loan

Quote:
An ambitious, long-in-the-works project to turn one of the largest remaining parcels of undeveloped land in South Florida into a planned community just took a step closer to fruition.

Wells Fargo & Company has made a $101 million HUD-insured loan to SM Multifamily LLC, the developer of two luxury, 17-story residential towers with a total of 400 units and attached parking garage.

The towers will be part of the first phase of SoLeMia Miami, the 183-acre master-planned community in North Miami being developed by Oleta Partners LLC, a joint venture between two well-capitalized and experienced developers, Turnberry Associates and LeFrak.

“It is a pleasure to be part of this important development through our work with long-time clients, LeFrak and Turnberry Associates,” said Alan Wiener, head of Wells Fargo Multifamily Capital, in a statement. “This initial residential project will jump start an important mixed-use development, which will generate sustained long-term economic development in Miami for many years to come.”

When completed, SoLeMia is expected to include more than 4,300 residential units, a hotel, a 10-acre lagoon, beaches, shops and restaurants. The entire project is expected to take 15 years and two development cycles to fully build out.

“These luxury residential rental towers are the first phase of an important project that will bring opportunity, vibrancy and economic growth to the area,” said Turnberry Associates co-chairman and CEO Jeff Soffer in a statement.
===========================
http://www.miamiherald.com/news/busi...174629151.html
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  #19  
Old Posted Jan 26, 2018, 2:17 AM
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Credit: NXT
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  #20  
Old Posted May 8, 2018, 11:56 PM
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Credit: solemialpo
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