University Bridge Residences

Miami-based Global City Development, Toronto-based Reichmann International and Toronto-based Podium Developments Property Management Company: Landmark Properties Amenities: Stunning Amenity Deck with a landscaped recreational area boasting a resort-style pool with beach entry and pool volleyball with lap area, cabanas, sun deck with daybeds, BBQ and dining areas, a state-of-the-art fitness room, and a 5,500-square-foot indoor lounge and game room. The building’s rooftop will also feature a sunset terrace complete with dining areas, large yoga lawn and performance stage; Access to all university online tools directly from their condominium, just as if they were on campus; shared study areas on each residential floor, a business center complete with four fully equipped conference rooms, and an outdoor video screen that can show movies or sporting events; an on-hours concierge will be available in the main lobby for the convenience of residents while security staff will be on hand 24-hours. University Bridge will also offer approximately 7,000 square feet of ground floor commercial space available for future retail or restaurants curated to support the student residents’ needs and lifestyle · 740 SW 109th Ave, University District, Sweetwater, Miami-Dade, FL 33174 Builder: Global City, Reichmann International & Podium Developments Completion Date: Academic Year 2020-2021

TBA

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Beds: Various
Baths: Various
Size: Contact for Details
Occupancy: TBA

Overview

Ideal location! High Demand! Worldwide, over $16 Billion of the ‘Smart Money’ has gone into student housing, one of the fastest growing asset classes in the world as University enrollments continue to trend upward. This recession-resistant sector has quickly matured and a number of large institutional investors are moving into the market. US developers built 47,800 new beds in 2016 to meet the demand. Designed by world renowned architect, Arquitectonica, University Bridge will stand 20 floors tall with 492 condos. Reflecting Miami’s ocean setting with podium-to- sky wave pattern across the exterior elevation and unencumbered views to the south overlooking the university, the building will include 60,950 total sf of amenity space and 7,200 sf of commercial space.

Quick facts

Address: 740 SW 109th Ave, University District, Sweetwater, Miami-Dade, FL 33174 Builder: Global City, Reichmann International & Podium Developments Completion Date: Academic Year 2020-2021
Pricing: Sold Out
Maintenance Fees: $0.40 per square foot including amenities, security, cable & internet Stories: 21 Number Of Suites: 868 Total (492 in the First Release) Suite Types: Studios – Three Bedrooms Square Feet: 317 Square Feet – 1,634 Square Feet Deposit Structure: 10% in 30 Days 10% in 90 Days 15% Upon Pouring Foundation Of The Building (Estimated December 2018) 15% Upon Roof Completion (Estimated 8 Months After Foundation – July 2019)
Developer: Miami-based Global City Development, Toronto-based Reichmann International and Toronto-based Podium Developments Property Management Company: Landmark Properties Amenities: Stunning Amenity Deck with a landscaped recreational area boasting a resort-style pool with beach entry and pool volleyball with lap area, cabanas, sun deck with daybeds, BBQ and dining areas, a state-of-the-art fitness room, and a 5,500-square-foot indoor lounge and game room. The building’s rooftop will also feature a sunset terrace complete with dining areas, large yoga lawn and performance stage; Access to all university online tools directly from their condominium, just as if they were on campus; shared study areas on each residential floor, a business center complete with four fully equipped conference rooms, and an outdoor video screen that can show movies or sporting events; an on-hours concierge will be available in the main lobby for the convenience of residents while security staff will be on hand 24-hours. University Bridge will also offer approximately 7,000 square feet of ground floor commercial space available for future retail or restaurants curated to support the student residents’ needs and lifestyle

Other details

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Why consider this project?

University Bridge Residences is a Miami-based Global City Development, Toronto-based Reichmann International and Toronto-based Podium Developments Property Management Company: Landmark Properties Amenities: Stunning Amenity Deck with a landscaped recreational area boasting a resort-style pool with beach entry and pool volleyball with lap area, cabanas, sun deck with daybeds, BBQ and dining areas, a state-of-the-art fitness room, and a 5,500-square-foot indoor lounge and game room. The building’s rooftop will also feature a sunset terrace complete with dining areas, large yoga lawn and performance stage; Access to all university online tools directly from their condominium, just as if they were on campus; shared study areas on each residential floor, a business center complete with four fully equipped conference rooms, and an outdoor video screen that can show movies or sporting events; an on-hours concierge will be available in the main lobby for the convenience of residents while security staff will be on hand 24-hours. University Bridge will also offer approximately 7,000 square feet of ground floor commercial space available for future retail or restaurants curated to support the student residents’ needs and lifestyle project in FL. Treat the brochure as a starting point. The decision sits in the home type you would actually buy, TBA, and whether the occupancy fits your move.

Who it may suit

Buyers who are still choosing a home type and want this project in the comparison.
Clients who will look at the plan and the price list together.
Anyone already focused on FL and willing to rule the project out if the facts do not fit.

Who should look elsewhere

Buyers who want a decision from the brochure alone.
Anyone who cannot wait if occupancy slips.
People who have not named the other project this must beat.

What buyers should know

Published pricing here is TBA. The home you want can sit well above the opening number. Ask for the current price list before you register.
Occupancy is listed as an occupancy date that still needs to be confirmed. Treat that as the builder’s present estimate and plan your own housing around a range, not a single day.
Ask for the floor plans. A bedroom count without dimensions is not enough to choose a home.
If an incentive is offered, ask what it is worth in dollars and whether the price was adjusted to create it.
Cooling-off rules depend on the home type. Confirm, before you sign, whether this purchase has a statutory cooling-off period or only the terms in the builder’s agreement.

Fahad’s perspective

On University Bridge Residences, the work is to decide if it belongs on your shortlist, not to collect another brochure. We look at FL, the home type, TBA, and an occupancy date that still needs to be confirmed beside the other projects you are willing to buy. If the plan, the deposit schedule, or the location fails that test, we say so. The point of the conversation is the right unit, or a clear no.

Developer website

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