Monthly Archives: June 2016

South FL Business Journal

Developer proposes townhouse project in Miami Beach

An affiliate of Shoma Group wants to build a townhouse project in Miami Beach.

The city’s Historic Preservation Board will meet June 14 to consider the 11-unit project at 1030 15th Street, just two blocks south of Lincoln Road on Michigan Avenue. Shoma Lincoln Investments, headed by Shoma Group President Masoud Shojaee, acquired the 32,000-square-foot site for $6.05 million in 2015.

The three-story building would total 39,880 square feet. The units would each have a two-car garage and an outdoor terrace on the third floor. Shoma Group’ average unit size would be 3,611 square feet.

Zyscovich Architects designed the project. The developer is represented by attorney Felix Lasarte.