Worldcenter’s Seventh Street Apartments Goes Vertical With $89M Construction Loan

Santander Bank and Fifth Third Bank have issued an $89 million for the first tower at Miami Worldcenter’s Seventh Street Apartments.

The first phase includes 444 units in a 43-story tower. A second tower is planned with 413 units.

CIM Group and Falcone Group are the developers. Cohen Freedman Encinosa & Associates are the architects.

Completion is scheduled for fall of 2018.

 

progress at the site as of this week: