Astor Pays $10M for Little Havana Site Approved for 179-Unit Project
The parcel spans 1.1 acres at the corner of Northwest Third Street.
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The parcel spans 1.1 acres at the corner of Northwest Third Street.
CORAL GABLES, FL - The Henry Torres-led Astor Companies received a Temporary Certificate of Occupancy (TCO) from the City of Miami for Douglas Enclave, a rental apartment project located in the heart of the city. Resident move-ins are now underway at the 199-unit building. The 11-story building at 61 NW 37th Ave. is already more than 35% leased, with occupancy expected to rapidly increase now that apartments are move-in ready. Astor expects to receive a final Certificate of Occupancy (CO)...
Douglas Enclave, a 199-unit attainable housing community developed by The Astor Cos. in Miami, opened its doors to residents.
Share via Shortlink Rendering of The Trail multifamily project with Prestige Companies COO Alexander Ruiz and Centennial Bank Southeast Florida Regional President J.C. de Ona Prestige Companies scored a $12.4 million construction loan for a workforce housing project to be built on the site of a former mobile home park in central Miami-Dade County. Miami Lakes-based Prestige and Miami-based Florida Value Partners are building the $17 million The Trail garden-style community at 1040 Southwest 70th Avenue, along the planned Ludlam Trail linear park, according to a press release. Conway, ...
Astor Companies founder Henry Torres and a rendering of the Douglas Enclave (The Astor Companies) The Astor Companies scored a $32.4 million construction loan for its planned mixed-income, multifamily project near Miami’s Flagler Street. Coral Gables-based Astor, led by founder Henry Torres, is developing the 10-story, 199-unit Douglas Enclave at 61 Northwest 37th Avenue. Ocean Bank issued the loan, according to records. Astor plans to start construction this spring on the property, which spans a 1.1-acre full city block between Flagler and Northwest First streets along Northwest 37th Avenu...