MIAMI-Related Group has recently bought a mixed-use development site at the junction of South Miami Avenue and Coral Way for $18.5 million. The 1.29-acre site has consent for a 556-unit residential tower as well as a 38,357-square-foot office space and a 15,049-square-foot retail space.
The 1300 South Miami Avenue site is situated at SW 13th Street, closed to the Brickell Citi Center and Mary Brickell Village projects. South Miami Ave. LLC, headed by Miami-based Alex Vadia, sold the site. For the full story, go to Commercial Property Executive .
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