33134 Zip Code Preconstruction

Urban 301 Madeira LLC, an Aventura-based firm, recently secured a $59 million loan for a residential project. Dubbed "301-341 Madeira" by Coral Gables city records, the complex would measure nine stories above grade and offer 145 apartments. Amenities would include a swimming pool, fitness center, and all residents lounge.

That of those 145 apartments, nine would be ground-floor, live/work units. The 100-foot-tall building would host a fourth-floor amenity deck, featuring a swimming pool, fitness center, and residents’ lounge.

There would also be 227 parking spots (about 1.5 per unit) and a 5,270-square-foot public park. 

As noted, Urban 301 Madeira LLC is the developer. It received the $59 million loan from City National Bank of Florida. Behar Font & Partners is the architect. 

Despite what the name suggests, 301-341 Madeira would occupy the 1.45-acre plot at 301 to 335 Madeira Avenue, Coral Gables, FL, 33134, in Miami-Dade County.

MG Developers hopes to start construction on Merrick Parc, a multi-million-dollar residential complex in Miami, Florida. It purchased the 43,785-square-foot site for $19 million. If approved, the development will offer two 20-story buildings comprising more than 190,000 square feet of new construction.

In total, the venture will offer 450 units and cost $204 million to build, according to the South Florida Business Journal. Amenities will include a swimming pool, social lounge, gym, and business center. The premises also features a parking garage with space for 288 vehicles.

The Next Miami notes that Merrick Parc will offer more than luxury homes. It’ll also offer 32,200 square feet of office space, as well as more than 6,300 square feet of ground floor retail space. The retail space will offer stores and dining options for those in the area.

Developers hope to break ground on Merrick Parc by the first quarter of 2023. Behar Font & Partners is the architect. Other entities associated with this project include Baron Property Group and Colliers International. S3 Capital offered $13 million in equity financing to make the venture possible.

Merrick Parc’s address is 3898 Shipping Avenue, Miami, Florida, 33146, in Miami-Dade County. Sources note that it’s near the Douglas Road Metrorail station and north of GW Carver Middle School.