(To read more on the multifamily market, click here.)
MIAMI-Urbanice Modern Life Developers is developing Aqua Briza,a 57-unit, nine-story condominium tower at 637 NW 1st St. Urbaniceis a joint venture partnership between locally based builder ARKSLLC and Atlanta-based Wood Partners.
The project will feature one- and one-bedroom with den unitsranging in size from 600 to 820 sf with balconies ranging from 120to 150 sf. Locally based Fortune International is handling salesfor the project. Prices for the units start from $195,000. Theproject is expected to break ground within six months withcompletion anticipated for the first quarter 2009. The estimatedsell-out of the project is $13 million, ARKS development principalArnaud Karsenti tells GlobeSt.com.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
