Miami
Beach 411 :
Real Estate : Lofts
: A summary highlighting the growing number of lofts under
construction in Miami and nearby cities.
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| Miami loft living |
Loft living – the remodeling of commercial or industrial
buildings for use as homes and workspaces – is common in older
cities, such as Chicago and New York, but in Miami where everything
is fairly new, there is a lack of older buildings for such purposes.
This has not stopped the trend from coming here – call them
tropical lofts – real estate developers are building hip, raw
spaces, using natural woods, glass, coral, and stone from the ground
up.
Below is a list of 13 loft projects in Miami that
are under construction or already complete.
Projects
List
Absolut
Bay Lofts
Location: 500 NE 26th Terracer
Description: 7-story, 73-unit building
Status: Project is expected to be completed in 2006
Developer: Trilogy Development
City
24
Location: NE 24th St. & Biscayne
Boulevard
Description: 118 condo lofts
Status: Completed in late 2005
Developer: PanTerra Developments
Cynergi
Location: North Miami Ave. and 27th St.
Description: 100 condo lofts
Status: Completed in 2006
Developer: DelTrust Development
Domain
Location: 6443 Biscayne
Blvd.
Description: 5-story building
Developer:GREC and Luis Development
Edgewater
Lofts
Location: Biscayne Corridor
Description:
11-story building with just 69 loft residences
Status: sold out
Element
Location: 701 NE 31st St.
Description:
36 floors, 100 lofts & 56 floors, 88 lofts and 8 townhouses
Status: Sold 60 percent reserved
Developer:
Majestic Properties
Filling
Station
Location: 40 NE 17th St.
Description:
75 lofts
Status: Construction to began August 2005
Developer: Intrepid Real Estate Company, LLC
Indigo Lofts
Location: North Bay Village
Description: 49 condo lofts
Status: Under construction
Developer: Greenwald Group
Highland Park Lofts
Location: 1350 NW 8th Court
Description: 48 condo lofts
Status: Project is expected to
be completed in 2007
Developer: MKJ Realty
Loft Downtown
Location: 115 NE 2nd Ave.
Description: 22-story, Bayfront property
Status: Completed in 2005
Developer: The Related Group
Loft 2 Downtown
Location: 201 NE 2nd Ave.
Description: 35-story, 496-unit building
Status: Project
is expected to be completed in 2007
Developer: The Related Group
NeoLofts
Location: 10 SW South River Dr.
Description: 21-story, 199-unit building
Status: Project completed in 2005
Developer: Neo Concepts LLC
Mondrian
Location: Biscayne Corridor
Description:
18-story, 186-unit building
Status: Project
is expected to be completed in 2007
Developer:
H&H Development
Meridian
Location: 2001 Meridian Ave.
Description: 5--story, 111-unit building
Status: Project completed in 2005
Developer: Flagler Holding Group
Parc
Lofts
Location: 425
NE 30th St.
Description: 72 lofts
Status: Construction began May 2004
Developer:
Intrepid Real Estate Company, LLC
Star
Lofts on the Bay
Location: N.E. 25th St.
and Biscayne Bay
Description: 23-story tower
with 48 loft-style residences
Status: Under construction;
completion expected summer 2005
Developer: Thomas
Fawell and Stephanie Herman
Ten
Museum Park
Location: 1040 Biscayne
Boulevard
Description: 50-story building with
200 residential units
Status: Broke ground in
October 2004
Developer: Gregg Covin, Chad Oppenheim,
Armin Matti, Michael Capponi
The
Bank
Location: 8101 Biscayne Boulevard
Description: Condo conversion of a seven-story building
with 79 loft-style units
Status: Under construction
Developer: Midgard Development Group, Inc.
Uptown
Lofts
Location: 2275 Biscayne Boulevard
Description: a 66-residence building
Status:
Completion expected at the end of 2005
Developer:
Cobalt Development
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