The Federal Aviation Administration (FAA) has officially granted approval for the construction of two soaring 43-story towers in the bustling hub of Downtown Miami, marking a significant milestone in the city's urban evolution. Known as 222 or Namdar Towers, this ambitious project spans an impressive 1.3 million square feet at 222 Northeast 1st Avenue. It encompasses a diverse array of functionalities, including residential, commercial, and parking spaces, heralding a new era of mixed-use development in the area. Spearheaded by Behar Font & Partners in architectural design, and backed by engineering prowess from De Los Reyes Engineering, Inc., and development expertise from the Namdar Group, this endeavor represents a collaborative effort of industry frontrunners. The construction process will be overseen by the reputable John Moriarty & Associates, underscoring a commitment to excellence and innovation in every aspect of the project's execution.
Boasting 1,394 residential units and nearly 8,000 square feet of ground-level commercial space, the project also includes 336 vehicle parking spaces and bike racks for the same number of bikes. The Namdar Group, known for its impactful urban developments, partners with John Moriarty & Associates, renowned for projects like Brickell City Center. With Behar Font's acclaimed design expertise, the project promises to redefine Miami's skyline, following in the footsteps of iconic developments like Brickell City Center and SLS Brickell.
Namdar Towers will enhance downtown Miami's growth with studio to two-bedroom apartments and numerous amenities. Outdoor amenities include a sun pool deck, cabana, and BBQ area, while indoor facilities feature a fitness studio, coworking lounge, and entertainment rooms.
With permits issued for initial site work and ongoing reviews for further construction stages, the project is progressing steadily. Securing $195 million from SCALE Lending in August 2022 ensures solid financial footing. This development marks a significant expansion for downtown Miami, reflecting continued interest and investment in the area's multifamily and mixed-use infrastructure.
Feel free to reach out to David Freed, a Miami Real Estate Agent, for any of your real estate needs in Brickell and Miami.
Boasting 1,394 residential units and nearly 8,000 square feet of ground-level commercial space, the project also includes 336 vehicle parking spaces and bike racks for the same number of bikes. The Namdar Group, known for its impactful urban developments, partners with John Moriarty & Associates, renowned for projects like Brickell City Center. With Behar Font's acclaimed design expertise, the project promises to redefine Miami's skyline, following in the footsteps of iconic developments like Brickell City Center and SLS Brickell.
Namdar Towers will enhance downtown Miami's growth with studio to two-bedroom apartments and numerous amenities. Outdoor amenities include a sun pool deck, cabana, and BBQ area, while indoor facilities feature a fitness studio, coworking lounge, and entertainment rooms.
With permits issued for initial site work and ongoing reviews for further construction stages, the project is progressing steadily. Securing $195 million from SCALE Lending in August 2022 ensures solid financial footing. This development marks a significant expansion for downtown Miami, reflecting continued interest and investment in the area's multifamily and mixed-use infrastructure.
Feel free to reach out to David Freed, a Miami Real Estate Agent, for any of your real estate needs in Brickell and Miami.