Developer Proposes 308 Apartments Near US 1 In Miami-Dade

Written by on 04.11.17 in Commercial Real Estate, Multi-Family - No comments

A company led by Delray Beach developer Anthony V. Pugliese III wants to build an apartment complex just east of U.S. 1 in Palmetto Bay.

The city will hold a zoning hearing on April 17 to consider the application for Park View on the 3.14-acre site at 9420, 9450 and 9500 S.W. 174th Street.

The property currently has two single-family homes and a daycare facility separately owned by Jorge L. Morales, Pedro and Linette Gonzalez, and Raggedy Ann and Andy’s Pre School.

The application says the contract purchaser is Roman Master Property Holdings, owned by Pugliese in Delray Beach.

Park View rendering

The design crafted by MSA Architects calls for 308 apartments wrapped around a parking garage. There would be 517 parking spaces, including the garage and some off-street parking. The six-story building would have views of Palmetto Bay Park to the south and the developer would build a sidewalk to the park.

This property is in the Downtown Urban Village that Palmetto Bay recently created to invite higher-density, mixed-use development. Park View would total 533,857 square feet, with 271,146 square feet of leasable space. Amenities would include a pool, a fitness center, a clubroom and a courtyard.

The units would range from 625 to 1,295 square feet. That would break down to 19 studios apartments, 156-one bedroom units, 105 two-bedroom units and 28 three-bedroom units.

Pugliese was in the news this year when his $20 billion lawsuit against the estate of Subway co-founder Frederick DeLuca over a Central Florida land deal gone bad was rejected by a jury, which ruled that Pugliese owed damages to the DeLuca estate. Pugliese has appealed that verdict.

 

Source: SFBJ

Share and Enjoy:
  • Print
  • email
  • LinkedIn
  • Twitter
  • Facebook
  • Google Bookmarks

Leave a Comment