Pordes Residential takes over sales of Bay Harbor Islands project

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Pordes Residential is taking over sales of a boutique townhouse development in Bay Harbor Islands as it nears completion.

Land Developers Group hired the brokerage to handle the remaining nine townhomes, which is about 64 percent of the 14-unit Palm Villas project at 9870-9880 East Bay Harbor Drive. It launched sales in 2016, and has only sold five townhouses since then.

Over the past year, Pordes Residential was also brought in to take over sales and marketing by the project developers of KAI Residences, 101 Bay Harbor and Bijou Bay Harbor, all in Bay Harbor Islands.

The brokerage, led by Mark Pordes and Adam Kaufman, plans to reach out to buyers in the Northeast and Canada.

“The market in general has been a little slow, but there definitely are sales here,” Kaufman said. Read more here:The Real Deal Miami

Developers plan mixed-use hotel near Wynwood Walls 72-key, five-story hotel set to open in 2020

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Another development group has filed plans for a mixed-use hotel in Wynwood near the popular Wynwood Walls.

111 Wynwood LLC filed plans for a five-story, 72-key hotel at 111 Northwest 26th Street. Developers Eduardo Vargas and Andres Hogg plan to break ground on the 50,000-square-foot project early next year and open in 2020, Vargas said.

Alain Bartroli is the architect of record, and Richter Dahl Rocha is designing the facade. The construction cost is expected to total about $8 million, Vargas added.

It will also have a mix of retail and restaurant space on the ground floor, co-working space, and a rooftop pool, bar and restaurant. Hotel amenities will include rooms with smart features and kitchenettes, valet parking and laundry services. Read More here: The Real Deal Miami

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