Updated: Aug 11
A New 30-Story Residential Tower Will Surely Add To North Miami's Growth.
by George L. Rosario, Speaker, Business Development Director at Property Tax Alliance Group
Oleta Partners is a leading development firm that has started construction of a 30-story residential tower in North Miami, Florida. This project is set to become a premier destination for residential living in the city and is expected to be completed by early 2025. The project will 328 rental residences ranging from 686 to 1,315 square feet in size. Already, the project has received immense support from the local community and is expected to add great value to the area. This blog seeks to explore the details of the project and why it stands out as a potential boon for North Miami residents.
The project is the combined effort of Oleta Partners, a Miami-based joint venture between developers LeFrak and Turnberry, alongside property owner Artjom Oganesov and project manager, Michael Turco. The architects are Arquitectonica and Stantec, which marks the fourth residential development at SoLé Mia. This stunning tower is being built in the heart of North Miami at 2400 Laguna Circle and will reach heights of 300 feet. When completed, it will offer a range of high-end housing options for the area's growing population and serious demand.
The tower will also include several amenities to attract potential occupants including two levels of rooftop parking garage, a 75-foot swimming pool, yoga lawn, recreational spaces, a spacious sundeck, a dog run, basketball, pickleball and beach volleyball courts, and much more. Additionally, indoor amenities will include co-working spaces, a podcast recording studio, a golf simulator, playroom, dog spa, coffee ship, electric vehicle charging stations, beautiful art and stunning architecture and design. This, coupled with the breathtaking ocean views and nearby waterfront parks, makes this project a top choice for those seeking a luxurious coastal lifestyle.
For local residents, this project means economic growth and more jobs. The tower’s construction and opening will create up to 300 direct jobs, while the leased retail and restaurant stores and restaurants might generate another 200 jobs. This project will also provide a boost to the city’s economy thanks to the tax revenue it will generate over the years.
About the Area
Situated at the intersection of NE 151 Street and Biscayne Boulevard, SoLé Mia is a 184-acre development boasting 5999 residential units, 258,200 square feet of office space, 176,100 square feet of retail space and 250 hotel rooms. Adjacent to Florida International University and near Oleta River State Park, the project is located within the North Miami Regional Activity Center boundaries.
Oleta Partners’ 30-story residential tower in North Miami is an ambitious project that will soon become a luxurious destination for those seeking upscale living. The tower features 86 luxury residential apartments, 28 hotel rooms, two levels of below-grade parking, recreational spaces, high-end retail outlets, and full restaurant and bar services. The project’s construction and opening will create up to 500 jobs in the city and generate much-needed tax revenue. With all of these benefits, this project stands to become one of the most sought-after destinations in North Miami and is expected to be completed early 2025.
If you or anyone in your sphere of influence are involved in Florida Commercial Real Estate Property, you should contact Property Tax Alliance Group - PTAG immediately. Chances are you are overpaying on your taxes. Contact me today:
GEORGE L. ROSARIO
Business Development Director
[Once you've taken the leap and become a commercial real estate owner, you have to give the pros at Property Tax Alliance Group - PTAG a call. #PTAGsaves Florida commercial real estate owners/investors on their property tax bill. The goal is to free up much needed capital for future endeavors, repairs or reinvestment. To learn more, contact us at www.TaxFlorida.com or contact me, George L. Rosario directly at 954-644-2322. A huge part of managing your Florida commercial real estate investment cash flow involves having your tax liability evaluated by Florida's best commercial real estate property tax team. The Property Tax Alliance Group (PTAG) is a South Florida-based professional Property Tax Consulting and Advisory firm delivering solutions to local, regional, and national clients since 2004. We offer an impressive portfolio of customizable tax reduction services available to Florida commercial property owners. County appraisers are not in the business of reducing your tax liability. We are! And, we help you accomplish this within the full spectrum of the law. Get in touch with us today if you would like PTAG to ensure your business is not overpaying its fair share of local property taxes and increase cash flow. #PTAGsaves]
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ABOUT THE AUTHOR:
George L. Rosario is a Brooklyn NY born & raised businessman & entrepreneur turned consultant. He started GC Rosario Group with his lovely wife Claudia. With over 30 years of service to the marketplace in NYC, George has relocated and been graciously adopted by the business community of South Florida. He travels the country helping businesses and organizations thrive in today’s noisy environment. George & Claudia Rosario help companies, businesses, organizations and teams develop the necessary skillset and plan of action to not just survive but thrive in this new world. Their love for commercial real estate made them the ideal partners to help Property Tax Alliance Group #PTAGsaves help more commercial real estate investors, owners, property managers and developers gain more leverage over their portfolio's property taxes. We will help you meet your ROI and NOI goals. George is always available to meet over coffee and discuss how your commercial real estate portfolio can continue to grow when you use proactive strategies to lower your yearly tax burden. Let's talk about it. “Every day is a good day when you do what you love and love what you do.” – George L. Rosario George L. Rosario and Claudia P. Rosario are growing some of America's fastest growing brands, including Florida's best property tax consulting firm, Property Tax Alliance Group. If you own commercial property anywhere in the state of Florida, you know PTAG.
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