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Old Posted Jan 24, 2024, 10:06 PM
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Altoic Altoic is online now
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MIAMI | Merrick Parc | 362 FT | 32 x 2 FLOORS

Merrick Parc

Specifcs:

Quote:
Units: 806
Parking Spaces: 840
Floors: 31 x 2
Ft: Unknown
Retail SQFT: 16,750 SQFT
Architect: Behar Font & Partners
Developer: MG Developers
Address: 3898 Shipping Ave.
Renderings:


Additional Photos:





This development used to be shorter at about 19 story but received a height boost of 12 floors on both towers.

Below is renderings of the original development.




*The podium will most likely face revision by the UDRB or Miami Dade.
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Old Posted Jan 25, 2024, 4:00 AM
wanderer34 wanderer34 is offline
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More height = more units = more people!!! BUILD IT!!!
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Old Posted Jan 25, 2024, 4:05 AM
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Quote:
Originally Posted by wanderer34 View Post
More height = more units = more people!!! BUILD IT!!!
Good for the whole region, but a further step would be to kill off parking minimums. Especially considering this is steps away from a Metrorail station. One day...
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Old Posted Jan 26, 2024, 2:46 AM
wanderer34 wanderer34 is offline
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Originally Posted by Altoic View Post
Good for the whole region, but a further step would be to kill off parking minimums. Especially considering this is steps away from a Metrorail station. One day...
This being Miami and FL, even though Miami and FL has taken strides in expanding it's mass transit and HSR systems, the car is still king!!! Nonetheless, it's much better than what GA, NC, and TX can offer as far as mass transit is concerned!!!
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Old Posted Today, 7:07 AM
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Urbannizer Urbannizer is offline
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Merrick Parc Secures $30M Financing as 806-Unit Transit-Oriented Project Moves Forward

Quote:
Baron Property Group has secured $30 million in financing for Merrick Parc, a major transit-oriented multifamily development planned near Miami’s Douglas Road Metrorail station, marking another step forward for the long-planned project.

The financing, provided by Knighthead Funding, LLC, will be used for land loan refinancing and pre-development activities tied to the two-tower development.

The project is also undergoing a shift in its development team. Baron Property Group will now partner with New York-based developer LargaVista Companies, creating an entirely New York-based development partnership behind the project.

Beyond refinancing the land position, the newly secured financing will help fund the project’s next phase, including demolition work and early site preparation. According to permits submitted to the City of Miami, multiple demolition applications have already been filed and are currently awaiting approval. Absolute Demolition is listed as the contractor for the work.

Final approved plans published in late 2025 now envision an 806-unit rental development divided across two phases, corresponding with the project’s two towers.

Phase one, the south tower, is planned with 415 residential units, while phase two, the north tower, will contain 391 units. The development’s full unit mix includes 84 studios, 400 one-bedroom apartments, 293 two-bedroom apartments, and 29 three-bedroom residences. Most units will be offered at market rates, though 101 apartments will be designated at workforce housing pricing levels.

At ground level, plans call for approximately 16,750 square feet of retail space alongside 13,065 square feet of open space. Above that, a multi-story parking podium will provide 819 parking spaces.

Both towers are planned to rise 32 stories, reaching approximately 362 feet to the roofline. Architecturally, the project will feature blue floor-to-ceiling glass, blue glass balcony systems, and exterior materials composed primarily of white and gray stucco. Once completed, the towers will stand alongside other large-scale transit-oriented developments in the area, including Cascade Link at Douglas.
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