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Transactions - JANUARY 26, 2021

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JDS Development Group to develop 64-story mixed-use development in Miami

by Released

JDS Development Group has plans to develop its 1 Southside Park, a rare, full city-block development in Miami’s highly desired Brickell neighborhood.

The project, which features protected views to the south, will rise 64 stories and deliver 1,175 residential rental units. Once complete, the assemblage will also include 190,000 square feet of premier office space, a 200-key boutique hotel, 10,000 square feet of retail space and 1,400 parking spaces.

The project received $43 million in acquisition and construction financing structured by Walker & Dunlop.

Located near the Miami-Dade Metrorail's Brickell station, 1 Southside Park is central to one of Miami's most anticipated projects, The Underline, which was completed in fall 2020. The Underline transformed the land below the elevated Metrorail into a 10-mile, linear neighborhood park with an urban trail and living art destination that stretches from Brickell to Dadeland. 1 Southside Park is designed to suppl

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