NORTH LITTLE RIVER | MIAMI, FL
The NoLi Heights is an exceptional opportunity to develop a mixed-use project at scale. Spanning 3 blocks, it allows for residential, retail, office, and work/live options. In the past five years, Little River has experienced increased demand for creative offices that has been fueled by the displacement of creative office users from Wynwood and Miami Beach. Due to its central location and a large stock of adaptively repurposed spaces, Little River has now created an entire ecosystem of businesses that are also fueling residential demand in the area. A development on this site is poised to service the existing daytime population and also become part of the creative ecosystem already in place within surrounding projects. The site also is flexible enough to allow development that capitalizes on the demand for affordable and workforce housing in the Urban Core.
INVESTMENT HIGHLIGHTS: EXCELLENT LOCATION
Little River has experienced a high demand for creative offices. A development on this site is poised to service the existing daytime population and also become part of the creative ecosystem already in place within surrounding projects. The site also is flexible enough to allow development that capitalize on the demand for affordable and workforce housing.
Little River is a highly amenitized neighborhood, housing some of Miami’s best cafes, restaurants, breweries, but it’s highly under-serviced in the multi-family sector, making NoLi Heights a first to market opportunity.
The NE 79 ST corridor connects I-95, Biscayne Blvd and the Causeway. NE 79 St sees an average weekly traffic of 178,500 vehicles. NE 2nd Ave sees an average weekly traffic of 77,000 vehicles per day. Biscayne Blvd serves as the main North-South arterial east of I-95 and sees an average weekly traffic of 280,000 vehicles.