|
Getting your Trinity Audio player ready...
|
The Calta Group, a real estate and development company, recently announced it has completed the acquisition of an assemblage of seven parcels in Allapattah from Enis Realty and Grupo Park for $17.2 million.
The firm purchased six lots at 1415, 1433, 1435, 1453 NW 13 Terr., and 1410 NW 14 St. in December, with the seventh and final 15,000-square-foot parcel located at 1469 NW 13 Terr. closing recently. The final parcel’s closing price was $7.2 million.
Residents and patrons of the new future mixed-use development, named Revv at the River District, will benefit from its proximity to Miami International Airport, Metrorail stations, Jackson Memorial Hospital, and the shops and restaurants of the neighboring River Landing. The project will offer multifamily, retail, dining, and office components.
Situated across Interstate 95 from Wynwood, Allapattah is considered a hidden gem of Miami. As one of the city’s oldest communities, it is home to a melting pot of residents from Central America, Cuba, and the Caribbean. Today, the area is undergoing a cultural, dining, and residential renaissance with some of the biggest names in Miami’s art world, including Superblue, a popular interactive art space, and established galleries like the Rubell Museum and Jorge Perez’s El Espacio 23.
“It’s an exciting time to be building in Allapattah. The artistic spirit that filled Miami’s Wynwood neighborhood with art galleries, street art, and hip bars and restaurants has now extended west to Allapattah. There is a tremendous demand for market-rate housing in the area to support the needs of the large, ever-expanding medical and professional community,” said Ignazio Caltagirone, co-founder of The Calta Group.
The announcement from The Calta Group comes on the heels of the foundation pour of its sister project, Revv Hollywood, an eight-story, 180-unit complex located just blocks from Young Circle and its park.
“We are very excited to introduce our second Revv development,” said Gaetano Caltagirone, co-founder of The Calta Group. “Residents will enjoy the full Revv way of life with modern amenities, spacious floor plans, and high-end finishes near public transportation and the conveniences of the vibrant shops and restaurants of River Landing, including a Publix supermarket and retailers like Ulta Beauty and Pet Super Market, as well as trendy restaurants like Tanuki and Ficelle. Revv at the River District embodies the live-work-play notion.”
For more information, visit https://thecaltagroup.com/.
ABOUT US:
For more Miami community news, look no further than Miami Community Newspapers. This Miami online group of newspapers covers a variety of topics about the local community and beyond. Miami’s Community Newspapers offers daily news, online resources, podcasts and other multimedia content to keep readers informed. With topics ranging from local news to community events, Miami’s Community Newspapers is the ideal source for staying up to date with the latest news and happenings in the area.
This family-owned media company publishes more than a dozen neighborhood publications, magazines, special sections on their websites, newsletters, as well as distributing them in print throughout Miami Dade County from Aventura, Sunny Isles Beach, Miami Beach, Coral Gables, Brickell, Coconut Grove, Pinecrest, South Miami, Kendall, Palmetto Bay, Cutler Bay and Homestead. Each online publication and print editions provide comprehensive coverage of local news, events, business updates, lifestyle features, and local initiatives within its respective community.
Additionally, the newspaper has exclusive Miami community podcasts, providing listeners with an in-depth look into Miami’s culture. Whether you’re looking for local Miami news, or podcasts, Miami’s Community Newspapers has you covered. For more information, be sure to check out: https://communitynewspapers.com.
If you have any questions, feel free to email Michael@communitynewspapers.com or Grant@communitynewspapers.com.
