One of Miami’s biggest developments is about to open its first phase, and the developers are already planning additional buildings there, according to the Herald. Located at Bal Harbour, in Miami’s biggest urban area, totaling over 180 acres, the project will change the city’s real estate concept by bringing the ideal beach lifestyle to the inner part of the city, beyond the coastline, with two crystalline manmade lagoons with Crystal Lagoons® technology.
Solé Mia, in North Miami, is expected to open its 184-acre “mini-city” next month, with twin 17-story rental apartment towers to begin move-ins in February.
Once finished, the project will include 4,000 residential units, 500,000 square feet of office and retail, a hotel, school, along with two crystalline lagoons of 11 acres each, surrounded by 15 hectares of parks. It will also include an island.
The Solé Mia mega project is a joint venture between LeFrak and Turnberry Associates, formed by two of the US’ most important families. One of them, LeFrak, owns over 400 buildings around the country, and it also has important mining and oil positions. Its CEO, Richard LeFrak, owns one of the wealthiest fortunes of the United States.
