Avalon Bay Communities purchased a full city block in South Miami, clearing the way for a mixed-use community. AvalonBay acquired the approximately 1.18-acre site from longtime owner Robins Plaza for a base purchase price of $22 million in an off-market transaction.
Cushman & Wakefield’s Virgilio Fernandez represented AvalonBay Communities in the transaction.
Avalon Bay’s newest project, Avalon South Miami II, is a planned 16-story mixed-use community with 251 apartments ranging from studios to three-bedroom units, approximately 17,713 square feet of ground-floor commercial space, a sixth-floor pool, a rooftop lounge and 394 parking spaces. The project was designed by Corwil Architects.
In October 2024, the City Commission unanimously approved the redevelopment of the nearby Shops at Sunset Place into a 1.47-million-square-foot urban village with 1,513 residences, a 287-key hotel, a 1,300-seat theater and towers rising as high as 33 stories, designed by Heatherwick Studio.
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