WRE News: Resia Advances 1,300-Unit North Miami Beach Apartment Project Amid Construction Surge

Miami, FL – June 17, 2024 – Resia is advancing a massive 1,300-unit apartment project in North Miami Beach amid a boom in multifamily construction across South Florida.

The proposed New Northtown Center, featuring five 12-story buildings, received preliminary approval from the North Miami Beach Planning and Zoning Board and now awaits a final vote from the city commission. The development includes extensive parking facilities and a range of one- to three-bedroom units.

The project, designed by Bellon Architecture, is part of Resia’s broader efforts in the region, reflecting a trend of significant new developments despite concerns of market oversaturation due to the rapid pace of construction and changing rental demands.