X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI-Demolition has begun on the 30-year-old Williamson Cadillac dealership here to make way for the $150 million mixed-use Downtown Dadeland project. Developers Jackson Ward and Stefan Johansson of Gulfside Development Inc. bought the 7.5-acre parcel, which will be home to the new development, for $22 million approximately a month ago. The property is located at 7250 N. Kendall Drive across from Dadeland Mall.

Downtown Dadeland is planned for 416 condominium units and approximately 150,000 sf of retail and restaurant space. The project will be housed in seven clustered low-rise buildings.

Presales of the units have reached 60%. Currently, residences range from the $100,000 to $500,000. Floor plans include one-, two- and three-bedroom homes, as well as studios.

Pre-construction is expected to continue through the end of the year. Coastal/Hoar Construction Group is scheduled to break ground early next year, and construction is expected to take 18 months.

Features of the project include wide brick-paved sidewalks, tropical landscaping, and a rooftop pool.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.