May 24 2017 | Trader Joe’s-anchored project in Miami Beach breaks ground

Construction is officially underway at 17 West, a mixed-use building at 1698 Alton Road and 1681-1683 West Avenue, according to a notice of commencement filed on Tuesday. The developers, Rock Soffer of Turnberry Associates, Elion Partners and members of the Sredni family, also closed on a $34.5 million construction loan. Fifth Third Bank is the lender, according to Miami-Dade County records.

In addition to an 11,500-square-foot Trader Joe’s, the five-story building will also have loft-style apartments, townhomes, residential amenities, and a parking garage with about 160 spaces set aside for the public.

Full Article https://therealdeal.com/miami/2017/05/24/trader-joes-anchored-project-in-miami-beach-breaks-ground-with-35m-loan/

Source The Real Deal South Miami