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Metro Edgewater Gearing Up To Break Ground In Edgewater's Paraiso District

Metro Edgewater Gearing Up To Break Ground In Edgewater's Paraiso District

November 10, 2020

Colombian developer Carlos Ortiz is gearing up to break ground on his planned rental apartment building, Metro Edgewater, which will be located in Edgewater’s Paraiso District. The project recently received FAA approval and is expect to break ground in January 2021 pending the issuance of building permits.

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In Approved, Commercial, Construction, Construction News, Construction Update, Development, Development News, Edgewater, New Construction, News, Rentals, Residential, Multifamily Tags Metro Edgewater, Metro Edgewater LLC, Metro at Edgewater, Carlos Ortiz, Paraiso District, Paraiso Place, News, New Construction, Featured, 433-449 NE 30th Terrace, 430-452 NE 31st Street, Johnny Robles, David Polinsky, Fortis Partners Design & Build, Fortis Design + Build, James Socash, Design Update, Design, Architecture, Pablo Burgos, Burgos Lanza & Associates, Edgewater, Pre-Construction, Miami Urban Development Review Board, Rentals, Commercial, Residential, Development News, Development, Apartments, Apartment Rentals, News & Features, Construction News, Construction, Construction Update, Approved, Multifamily, November 2020
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Plans Submitted For Paraiso Place To Bring 279 Rental Apartments To Edgewater

Plans Submitted For Paraiso Place To Bring 279 Rental Apartments To Edgewater

November 18, 2019

Metro Edgewater, LLC., led by Colombian developer Carlos Ortiz, as submitted plans to Miami’s Urban Development Review Board for Paraiso Place, a 279-unit apartment building coming to the recently opened Paraiso district in Edgewater. A hearing has been scheduled for November 20, 2019.

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In Architecture, Commercial, Design, Edgewater, New Construction, News, Rentals, Residential Tags Carlos Ortiz, Metro Edgewater, Metro Edgewater LLC, Paraiso District, Paraiso Place, News, New Construction, Featured, 433-449 NE 30th Terrace, 430-452 NE 31st Street, Johnny Robles, David Polinsky, Fortis Partners Design & Build, Fortis Design + Build, James Socash, Design Update, Design, Architecture, Pablo Burgos, Burgos Lanza & Associates, Edgewater, Pre-Construction, Miami Urban Development Review Board, Rentals, Commercial, Residential
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3364-3384 Grand Avenue_luxury Metronomic Officially Acquires Properties For Phase 1 of Grand Plaza, Coconut Grove's New $74 Million Sustainable Development

Metronomic Officially Acquires Properties For Phase 1 of Grand Plaza, Coconut Grove's New $74 Million Sustainable Development

June 17, 2019

Miami-based sustainable real estate developer Metronomic has acquired an assemblage of properties in Coconut Grove to commence development of their “Grand Plaza” mixed-use project. The four-parcel portfolio along Grand Avenue consists of 0.77 acres and was purchased for $6.3 million ($186.67/psf).

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In Coconut Grove, Invest, Investment News, New Construction, News, Residential, Sales Update, Sustainable Building, Commercial, Office Space, Retail Tags Metronomic Inc., Metronomic, Grand Plaza, Coconut Grove, Sustainable Building, Sustainability, News, Sales Update, Investment News, Invest, Ricky Trinidad, Burgos Lanza & Associates, New Construction, Residential, Commercial, Mixed Use, Retail, Office Space
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Metronomic Reveals $74 Million Mixed-Use Transformation of Grand Avenue in West Coconut Grove

Metronomic Reveals $74 Million Mixed-Use Transformation of Grand Avenue in West Coconut Grove

November 27, 2018

West Coconut Grove, one of the hottest neighborhoods for development in Miami that has seen a massive transformation over the past 3 years, will be getting a massive new mixed-use project on the Grand Avenue corridor. Metronomic is under contract to purchase a 12 property assemblage at 3280-3461 Grand Avenue for $25 million with a closing date set in mid-February 2019. Metronomic, led by Ricky Trinidad, has proposed a $74 million, 297,000 SF mixed-use development that would feature luxury apartments, affordable housing, retail, office space, community parks, public parking and a 44-key hotel. Trinidad hopes receive FAA approval to build a rooftop helipad. The project is designed by Pablo Burgos of Burgos Lanza & Associates and Carl Levin of CLAD Architects.

The project would be built in multiple phases with the first being Metronomic Place, which will feature a boutique office building and the hotel component at 3280 Grand Avenue. Metronomic expects to break ground on Metronomic Place before the end of 2018 after locking down a $6.8 million construction loan financed by Fuse Funding. Metronomic Place will rise 5-stories and will feature the 44-key hotel, 5,000 SF of Class A Office Space, 3,200 SF of ground floor retail. Phase 2 would begin in March after the closing and would include the build-out of the rest of the project to be completed within 2 years. Phase 2 will include 38 furnished micro units, 82 luxury apartments rentals and 40 affordable housing units along with a public area for farmers markets and stage for live performances.

In Coconut Grove, Commercial, Hotels, Mixed Use, News, New Construction, Office Space, Finance & Banking Tags Coconut Grove, West Coconut Grove, News, Metronomic Inc., Metronomic, Metronomic Place, Commercial, Mixed Use, Hotels, Hotel, Office Space, Class A Office Space, 3280 Grand Avenue, 3461 Grand Avenue, Fuse Funding, Construction Loan, Financing, Finance, Finance & Banking, Carl Levin, CLAD, Pablo Burgos, Burgos Lanza & Associates, Grand Avenue, New Construction, Featured
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