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Jds Development Group Secures $86 Million In Financing For 1 Southside Park - A 64-Story Mixed-Use Development In Brickell, Miami

Jun 14, 2022about 3 years ago

Amount Raised

$86 Million

Miami

Description

JDS Development Group (JDS) announced today that it has secured $86,000,000 in acquisition and construction financing from Maxim Capital Group for 1 Southside Park, the transformative full city-block development in Miami, Florida in the highly desired Brickell neighborhood. Imagined by JDS Development Group, working with a world-class design team of SHoP Architects, hotel interior design by Rockwell Group, landscaping by James Corner Field Operations, and residential interiors by Krista Ninivaggi of Woods Baggot, the 64-story, mixed-use project will deliver 1,175 residential rental units, 190,000 square feet of premier office space, a 200-key Treehouse Hotel, 10,000 square feet of retail space, and 1,400 parking spaces.

Company Information

Company

Jds Development Group

Location

Miami, Florida, United States

About

The company provides a comprehensive range of capital solutions for all commercial real estate asset classes, as well as investment sales brokerage services to owners of multifamily properties. Founded by David Rockwell, FAIA, and led by David and partners Shawn Sullivan and Greg Keffer, the 250-person firm merges performance and architecture to create extraordinary experiences and built environments across the globe. Inspired by theater, technology, and high-end craft, the firm creates a unique narrative for each project, ranging from restaurants, hotels, cultural and educational institutions, airport terminals, to festivals, museum exhibitions, and Broadway sets. The boutique firm focused on commercial interiors, with particular attention paid to hospitality, multifamily residential, and workplace interiors.

FundzWatch™ Score

75
Medium Activity

Funding Insights

Based on industry data
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