Developer Proposes 2,200-Unit Multi-Tower Project in North Miami

Developer Proposes 2,200-Unit Multi-Tower Project in North Miami

Redwood Dev Co has unveiled plans for a significant mixed-use development in North Miami, featuring nearly 2,200 residential units and substantial commercial space. This ambitious project aims to transform city-owned land, including Claude Pepper Park.

  1. Project Overview: Redwood Dev Co proposes a phased development consisting of 2,193 residential units, 121,500 square feet of commercial space, and over 4,100 parking spaces across eight 18-story buildings. Kobi Karp Architecture & Interior Design is responsible for the design.
  2. Location and Land: The project is planned for nearly 39 acres of city-owned land, which includes Claude Pepper Park and adjacent areas. The North Miami City Council is set to review the master development site plan.
  3. Developer Details: Redwood CP Dev LLC, the applicant, is a partnership between BAS Holdings Investments and Winston Capital Partners. The leaders of these firms are Brian Sidman and David Burstyn, respectively.
  4. Community Enhancements: As part of the development, the Joe Celestin community center will be expanded to include new classrooms, a computer lab, kitchen, gym, event terrace, and banquet space. Additionally, the park will be revamped with a new concession building, amphitheater, community pool with splash area, sports fields, basketball and paddle courts, and an exercise trail.
  5. Timeline and Process: North Miami issued a request for proposals in August 2022, and Redwood CP Dev submitted their response in November of the same year. The city council will decide on the project’s approval.
  6. Context of Other Developments: This proposal is part of a broader trend in South Florida, where numerous large-scale mixed-use projects are being proposed. Many of these developments fall under the Live Local Act, which offers incentives for workforce housing.
  7. Other Notable Projects: Other significant proposals include RK Centers’ 1,050-unit complex in Coral Gate and Pablo Castro’s 3,233-unit development in West Little River.

Redwood Dev Co’s proposed multi-tower project represents a significant development for North Miami, promising to bring substantial residential and commercial growth to the area. The project’s success depends on approval from the North Miami City Council, which will review the plan in its upcoming meeting.

Source: Katherine Kallergis, The Real Deal.

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