North Miami Village Calls for 5,000 Condos, Hotel

MIAMI-GlobeSt.com has learned that Boca Developers and Swerdlow Real Estate Group’s master-planned multifamily development and community planned for North Miami will include about 5,000 condominiums, possibly two hotels and a town commons.

The development, to be built on nearly 190 acres and designed to be an urban village, has been named Biscayne Landing at North Miami. The condos will cost between $250,000 and $1 million. The sellout value of the units is $2.5 billion. The condos will be housed in buildings from 4 to 25 stories.

The three-phase project will contain 600 to 700 units in the first stage, a spokeswoman says. It will offer two-, three- and maybe four-bedroom condos with ceilings at least 9 ft high. The average unit in the first phase is planned to be 1,500 sf.