Avenue One rendering by Kobi Karp
Miami, FL, April 18, 2013 - David C. Metalonis, CCIM, Senior Vice President and Partner
at Colliers International South Florida, announced that a call for offers has
been set for Thursday, May 9, 2013, for one of the last full-block development
sites in the City of Miami.
David C. Metalonis |
The property, located at 1950 NW 1st Avenue, is just
south of the Wynwood Art District and Midtown Miami, and west of Biscayne
Boulevard and the Performing Arts District, placing it within the Omni CRA.
The 2.47-acre site
is zoned T6-8-0 which allows for up to 12 stories in height, 674,025 square
feet of total gross floor area, and residential development of up to 370 units.
With existing Major Use Special Permits (MUSP) already approved for a proposed
311-unit mixed-use project called Avenue One, the site is ready for immediate
development.
Kobi Karp |
"Current zoning
code allows for a mixed-use project that could be developed as three separate
towers using a new design by Miami architect Kobi Karp," said
Metalonis. He is representing Miami-based owner A-1 Management Corp. whose
principals brought the loft concept to Miami and who have sold multiple
projects in Miami-Dade.
For a complete copy
of the company’s news release, please contact:
Crystal Proenza
Vice President of Marketing
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138
Email: crystal.proenza@colliers.com
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