No Comments

Neology Development’s ‘The Julia’ Residences In Allapattah Receives TCO

the julia residences_image provided by kreps pr 1170x435

The Julia Residences, a $100 million, 14-story residential tower developed by Neology Life Development Group, announced the receipt of a Temporary Certificate of Occupancy (TCO) for its 323 upscale one- and two-bedroom apartments in Miami’s Allapattah neighborhood.

Residents of The Julia will enjoy an array of amenities, including its signature ninth-floor “Sunset Sky Lounge” with a resort-style pool deck, shaded gardens, cabanas, an indoor/outdoor club lounge, a wellness center, and a starlight dining terrace. The property also features private co-working areas, a dog spa, a children’s play area, high-speed fiber optics, and 13,000 square feet of street-level retail space.

“We are excited to announce The Julia Residences has received TCO,” said Lissette Calderon, Founder and CEO of Neology Life Development Group. “This milestone marks the culmination of years of hard work and dedication to creating a distinctive living experience that embodies the spirit and energy of Miami and it’s founder Julia Tuttle. The Julia Residences is a tribute to the significant role women have played in shaping Miami.”

Despite its scale and complexity, The Julia Residences was completed expeditiously, showcasing Neology’s commitment to delivering high-quality developments efficiently. This achievement underscores the company’s dedication to providing attainable luxury living while meeting Miami’s evolving housing needs within a dynamic urban landscape.

“We are very excited to be leading the residential transformation of Allapattah – helping meet the demand for housing while being able to deliver quality and access to professionals that want to live, work, and play within close proximity to the health district, downtown Miami and so many great Miami venues,” added Calderon. “Our three developments in the heart of Allapattah perfectly embody this vision.”

Located at 1625 NW 20th Street, just blocks west of the main entrance to Jackson Memorial Hospital and the new Transplant Institute, The Julia is positioned in the heart of Allapattah, a historic neighborhood bordering Wynwood and home to elite cultural institutions such as the Rubell Museum and Superblue. Allapattah has rapidly emerged as one of Miami’s most coveted neighborhoods, with a burgeoning scene of new businesses, restaurants, and entertainment venues.

Inspired by Miami’s original real estate visionary, American businesswoman Julia Tuttle, The Julia embraces a “tropics-meets-metropolis” aesthetic, combining elements of Art Deco with 1950s-style glam.  The pet-friendly property features floor-to-ceiling windows, 9-12 foot ceilings, walk-in closets, and balconies in every unit. Each apartment is equipped with energy-efficient stainless-steel appliances, quartz countertops, European-inspired kitchen cabinetry, and in-unit washer and dryers.

As with Neology’s prior buildings, the general contractor for The Julia is JAXI Builders, Inc.; the architect is Behar Font Architects; interior design is by designBAR; and Witkin Hultz Design is the landscape architect.

The Julia’s central location offers convenient walking access to, the Civic Center Metrorail Station, the University of Miami Health System, Jackson Memorial Hospital, and Miami-Dade College Medical Center.  It is also a short distance from Brickell and Downtown, home to major employers, dining, shopping, and popular attractions such as Marlins Park, Kesaya Center, and the Adrienne Arsht Center for the Performing Arts.

Neology also anticipates achieving TCO for Fourteen Allapattah Residences, its third apartment community in the district, by Q3 of 2024. Neology’s current ownership portfolio consists of 1,000+ apartments recently built or under construction in Miami’s urban core, with another 1,600 apartment units in the permitting or predevelopment phase and a pipeline of 2,000 additional units in South Florida and beyond.

 

No Comments

Miami’s New Julia Apartments Aim At Young Professionals In Emerging Allapattah

Julia Apartments 1170x435

“The building was designed from the perspective of a woman,” said Lissette Calderon, the CEO of Neology Development Group, as she walked through a corner unit at The Julia, her newest multifamily property in Miami. “Or at least, what I look for in apartments.”

The 323-unit Julia is named after Julia Tuttle, the only woman to have founded a major American city. In the late 1800s, the property owner convinced oil magnate Henry Flagler to extend his rail line to the Miami River, which laid the groundwork for the modern metropolis that would become Miami.

Calderon is somewhat of a maverick, too. A first-generation American and the daughter of a maid, she founded Neology Development Group at age 28. In 2004, the Miami native completed her first development, the 20-story Neo Lofts condo complex along the Miami River.

After years of developing condos, Calderon noticed a gap in the rental market for young professionals, much like herself. That demographic wanted — and still wants — to live in amenitized apartments at reasonable prices near their workplaces, but could not yet afford glitzy neighborhoods such as Brickell and South Beach.

So in 2017, Calderon moved on to Allapatah, an industrial district that’s home to two major hospitals and the Rubell Museum, buttressed by Wynwood and Downtown Miami.

“It’s the belly button of the city, and it was the last authentic neighborhood that had yet to be reimagined,” the developer explained. 

While the types of projects that Neology develops have been criticized for gentrifying neighborhoods, Calderon contends that she’s not pushing residents out. The Julia’s 1.6-acre site previously held a cold-storage facility, and another development parcel was home to a pawn shop.

The Julia, Neology’s third Allapattah project, is scheduled to open this month with rents starting at $2,000 a month. With sweeping views of Sunny Isles Beach, Downtown Miami and Coral Gables, the 14-story property pays homage to Tuttle in its design. The orange-colored cabanas commemorate the oranges that Tuttle sent to Flagler to entice him to build farther south. The large black and white tiles in the lobby and pool deck were a popular design feature during Tuttle’s time.

“In the same way that Neo Lofts is the embodiment of the American dream, I hope The Julia is the embodiment for every little girl with big dreams,” Calderon said.

And, much like the American dream and women’s rights, movements that have at times prospered and stagnated, the area surrounding The Julia is still a work in progress.

But with Wynwood and Downtown Miami nearby, as well as the Rubell Museum, hospitals, and brand new buildings with rents starting at $2,000 per month it will not be a work in progress for long.

 

Source:  Commercial Observer

© 2024 FIP Commercial. All rights reserved. | Site Designed by CRE-sources, Inc.