MIAMI, FL – JDS Development Group has secured $86 million in acquisition and construction financing for the development of a 64-story, mixed-use project in Miami's Brickell neighborhood. The firm obtained the financing from Maxim Capital Group.
The development, 1 Southside Park, will offer 1,175 residential rental units, 190,000 square feet of office space, a 200-key Treehouse Hotel, 10,000 square feet of retail space and 1,400 parking spaces. The project will transform a full city block.
For the project, JDS is working with design team SHoP Architects, as well as Rockwell Group for hotel interior design, James Corner Field Operations for landscaping, and Woods Baggot's Krista Ninivaggi for residential interiors. JDS has completed the development's two-level basement and it is currently working on completing the project's foundation work.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
