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Inspired by Miami's original real estate visionary, Julia Tuttle, Neology’s latest residential tower to be completed in Allapattah is excited to welcome residents with nearly 35% of the units leased
The Julia Residences, a $100 million, 14-story residential tower developed by Neology Life Development Group, is thrilled to announce the receipt of a Temporary Certificate of Occupancy (TCO) for its 323 upscale one- and two-bedroom apartments in Miami's Allapattah neighborhood.
Residents of The Julia will enjoy an array of amenities, including its signature ninth-floor "Sunset Sky Lounge" with a resort-style pool deck, shaded gardens, cabanas, an indoor/outdoor club lounge, a wellness center, and a starlight dining terrace. The property also features private co-working areas, a dog spa, a children's play area, high-speed fiber optics, and 13,000 square feet of street-level retail space.
"We are excited to announce The Julia Residences has received TCO," said Lissette Calderon, Founder and CEO of Neology Life Development Group. "This milestone marks the culmination of years of hard work and dedication to creating a distinctive living experience that embodies the spirit and energy of Miami and it’s founder Julia Tuttle. The Julia Residences is a tribute to the significant role women have played in shaping Miami."
Despite its scale and complexity, The Julia Residences was completed expeditiously, showcasing Neology's commitment to delivering high-quality developments efficiently. This achievement underscores the company's dedication to providing attainable luxury living while meeting Miami's evolving housing needs within a dynamic urban landscape.
“We are very excited to be leading the residential transformation of Allapattah - helping meet the demand for housing while being able to deliver quality and access to professionals that want to live, work, and play within close proximity to the health district, downtown Miami and so many great Miami venues,” added Calderon. “Our three developments in the heart of Allapattah perfectly embody this vision.”
Located at 1625 NW 20th Street, just blocks west of the main entrance to Jackson Memorial Hospital and the new Transplant Institute, The Julia is positioned in the heart of Allapattah, a historic neighborhood bordering Wynwood and home to elite cultural institutions such as the Rubell Museum and Superblue. Allapattah has rapidly emerged as one of Miami's most coveted neighborhoods, with a burgeoning scene of new businesses, restaurants, and entertainment venues.
Inspired by Miami’s original real estate visionary, American businesswoman Julia Tuttle, The Julia embraces a “tropics-meets-metropolis” aesthetic, combining elements of Art Deco with 1950s-style glam. The pet-friendly property features floor-to-ceiling windows, 9-12 foot ceilings, walk-in closets, and balconies in every unit. Each apartment is equipped with energy-efficient stainless-steel appliances, quartz countertops, European-inspired kitchen cabinetry, and in-unit washer and dryers.
As with Neology’s prior buildings, the general contractor for The Julia is JAXI Builders, Inc.; the architect is Behar Font Architects; interior design is by designBAR; and Witkin Hultz Design is the landscape architect.
The Julia’s central location offers convenient walking access to, the Civic Center Metrorail Station, the University of Miami Health System, Jackson Memorial Hospital, and Miami-Dade College Medical Center. It is also a short distance from Brickell and Downtown, home to major employers, dining, shopping, and popular attractions such as Marlins Park, Kesaya Center, and the Adrienne Arsht Center for the Performing Arts.
Neology also anticipates achieving TCO for Fourteen Allapattah Residences, its third apartment community in the district, by Q3 of 2024. Neology’s current ownership portfolio consists of 1,000+ apartments recently built or under construction in Miami’s urban core, with another 1,600 apartment units in the permitting or predevelopment phase and a pipeline of 2,000 additional units in South Florida and beyond.
Berkadia announces it has secured a $31 million loan to refinance No.17 Residences Allapattah, a 192-unit attainable luxury apartment rental building in the Fruit Packing District of Allapattah. Senior Managing Director Charles Foschini, Managing Director Christopher Apone, and Associate Director Shannon Wilson of Berkadia South Florida secured the financing on behalf of Neology Life Development Group, a lifestyle-driven residential and commercial real estate firm, led by Lissette Calderon, that specializes in the transformation of overlooked and undervalued communities into vibrant urban neighborhoods.
Fannie Mae originated the 10-year loan with five years of interest-only.
"Lissette Calderon and her company, Neology, have once again demonstrated their exceptional vision and expertise in transforming the Allapattah neighborhood with the refinancing of No.17 Residences. It's been a remarkable journey working alongside Neology Life on this project. Lissette Calderon's dedication to 'attainable luxury' and the development's success in the heart of Allapattah truly stand out, aligning perfectly with the community's needs.”
Located at 1569 NW 17th Avenue, No.17 Residences Allapattah was completed in April 2021 and leased up in record time. It offers one-, two-, and three-bedroom apartments ranging from 600 square feet to 1,125 square feet. Individual units feature smart home technology, open floor plan kitchens, stainless steel appliances, quartz countertops, washer and dryer, full-length windows, balconies, and walk-in closets. Building amenities include an expansive urban park, lobby lounge with co-working and social spaces, a TV lounge area, art-inspired pool deck, pool side cabanas, indoor/outdoor clubroom, fitness center, on-demand virtual fitness classes, a rooftop garden with a summer kitchen, an outdoor movie theater, bark park, bike storage, electric car charging stations, a zoom room, on-site parking, and 24-hour secure package rooms.
The property is situated in Miami’s centrally located Allapattah neighborhood, which is just a short walk, bike ride, drive or public transit trip from some of Miami’s largest employment centers, including the Health District, Civic/Government Center, Downtown Miami, Wynwood< and the Brickell Financial district, and offers easy access to the Dolphin Expressway and I-95. As home to the flagship location of Superblue, the Rubell Museum and El Espacio, Allapattah has quickly become an important arts and culture destination.
With a $2 billion real estate portfolio, two new residential towers in Allapattah nearing completion, and entitlements to build a new, 1,250-unit mixed-use community on the west bank of the Miami River near the future Miami soccer stadium, Neology celebrated its two-decade (plus one, thanks to the pandemic) milestone last week during a private celebration at Casa Florida – just steps from the developer’s first condo project, Neo Lofts, on the Miami River.
More than 100 guests including family, friends, team members, design/building partners, public officials, and investors, attended the celebration at the tropical-themed vintage Florida cocktail house, part of the Selina Miami hotel.
During the festivities, Jason T. Smith, Director of Equity and Engagement in the Office of Miami-Dade County Mayor Daniella Levine Cava, presented Calderon with a Certificate of Appreciation commemorating her contributions to Miami. “From our Mayor as well as the Board of County Commissioners, happy birthday to Neology and to Lissette for being a true visionary,” said Smith.
Calderon thanked everyone who had believed in her vision, even before she had an established track record, and took risks in helping her achieve it. “All of you, in ways both big and small, have been instrumental to Neology’s success,” she said. “You have shared in our vision, accomplishments, and when necessary, challenges too – so from the bottom of our hearts, we thank you for being part of this amazing journey with us.”
Other speakers included Ralph Calderon, Executive Vice President & Director of Development at Neology, Jess Lawhorn, a financial professional who secured financing for Neology’s first condo project in 2002, and Mia Albelo, Lissette Calderon’s daughter.
Calderon’s career in real estate development began in May 2002 when Lissette, just 28 years old, broke ground on the 199-unit NeoLofts, the first modern condo and loft building on the Miami River. She proceeded to develop several more condos on the Miami River – the 443-unit Neo Vertika and the 489-unit Wind by Neo – culminating in 2019 with her renovation and revival of Pier 19 Residences & Marina. Credited with sparking the Miami River’s renaissance, Calderon recently set her sights on another historic Miami neighborhood: Allapattah. Neology completed the 192-unit No. 17 Residences Allapattah in 2021 and broke ground on The Julia, a 323-unit mixed use apartment and retail project named after Miami’s founding mother Julia Tuttle, in late 2021. In September of 2022, Neology broke ground on its third Allapattah project, Fourteen Allapattah Residences that will deliver 237 apartments and retail when completed in 2024. By delivering nearly 1,000 new apartments, Neology will be one of the largest residential landlords in Allapattah. More recently, Neology purchased a 7.3-acre development site in the Palmer Lake neighborhood of Grapeland Heights, on the west bank of the Miami River close to the future Miami Freedom Park soccer stadium and Miami International Airport, where it is in the permitting phase to build a new, 1,250-unit mixed-use three tower residential community once again transforming a mostly industrial area into a quintessential Miami neighborhood. Neology is also under contract in development projects elsewhere in South Florida and beyond as well.
Berkadia announces it has arranged $78.19 million in construction financing for The Julia Residences (formerly No.16 Residences), a 323-unit attainable luxury mid-rise apartment community in the Fruit Packing district of Allapattah, in Miami, Florida. Senior Managing Director Charles Foschini and Managing Director Chris Apone of Berkadia Miami secured the financing on behalf of Neology Life Development Group, a lifestyle-driven residential and commercial real estate firm, led by developer Lissette Calderon, that specializes in the transformation of overlooked and undervalued communities into vibrant urban neighborhoods.
Trez Capital originated the 36-month loan, with a one 12-month extension option and full-term interest only.
“Lissette continues to define the market in attainable high-quality living in Miami’s urban core,” said Foschini. “Her team’s approach to value and proven track record in development allowed for an extremely competitive market for the loan. Ultimately, the lender who won the transaction shared Neology’s vision and saw tremendous opportunity in this project.”
This is Neology’s second residential development in Allapattah, which borders Wynwood and the Health District. Berkadia secured the original construction loan in 2019 for the developer’s first Allapattah project – the 192-unit No.17 Residences Allapattah – and secured a $31 million bridge loan for the community’s recapitalization earlier this year, shortly after it opened. Berkadia also secured financing in 2018 for Neology’s acquisition of Pier 19 Residences & Marina along the Miami River, and again, helped refinance that project in 2021 with a $52 million loan.
Located at 1625 NW 20th Street, The Julia Residences will be a 14-story upscale residential tower offering one- and two-bedroom apartments ranging from 600 to 1,000 square feet. Individual units will offer energy-efficient stainless-steel appliances, quartz countertops, European-inspired cabinetry, in-home washer and dryers, expansive views, and balconies. Community amenities will include a ninth-floor Sky Lounge with a resort-style pool deck, clubroom, wellness center and 15,000 square feet of street-level retail space.
The Julia is centrally located just a few blocks from the Civic Center Metrorail Station, the University of Miami Health System, Jackson Memorial Hospital, and Miami-Dade College Medical Center. The property is just a short car or public transit ride away from both Brickell and Downtown, home to several large employers and dining and shopping destinations, along with popular attractions such as Marlins Park, American Airlines Arena, the Adrienne Arsht Center for the Performing Arts, Perez Art Museum Miami and Frost Museum of Science, and the new Brightline commuter rail station connecting Miami to Fort Lauderdale, West Palm Beach, and eventually Orlando.
The “The Julia,” a $100 million, 14-story residential tower named for real estate pioneer and “Mother of Miami” Julia Tuttle, will deliver 323 apartments, offering “attainable luxury” to Miami’s growing urban population
Neology Life Development Group, led by Lissette Calderon, announces that it has begun construction on its second, lifestyle-driven residential community in Miami’s historic Allapattah neighborhood.
Now under construction, “The Julia” (formerly No. 16 Residences) is a $100 million, 14-story residential tower that will deliver 323 upscale one- and two- bedroom apartments to one of the city’s most historic and vibrant neighborhoods.
Located at 1625 NW 20th Street, The Julia is situated just a few blocks from Neology’s first Allapattah apartment development, No. 17 Residences, which opened in May of 2021 and leased up in record time. Allapattah, which includes Miami’s Health District and borders Wynwood, has quickly become one of Miami’s most sought-after urban territories, boasting a cluster of new cultural institutions (including the Rubell Museum and Superblue) as well as many new small businesses, restaurants and nightlife establishments.
“The Julia will offer a curated, one-of-a-kind modern residential living experience with cutting-edge amenities that will appeal to a diverse cross-section of today’s urban renters,” said Lissette Calderon, President and CEO of Neology Life Development Group. “The building has been thoughtfully designed, inside and out, to reflect the area’s unique history and character, and we hope as a result it will become a beloved and integral piece of the community’s fabric for many years to come.”
“This is an exciting milestone for Allapattah,” added Miami City Commissioner Alex Diaz de la Portilla. “High-quality housing options are key to our community’s success and projects like The Julia provide that. Moreover, Lissette Calderon and her team at Neology are experienced in building authentic, vibrant communities, and have a deep appreciation for Allapattah’s history, culture and mom-and-pop businesses. They will be valued, long-term partners in helping us achieve measured growth that benefits and inspires all Miamians.”
Calderon added, “Over 20 years ago, I started on this journey to deliver quality lifestyle-driven attainable luxury living to Miamians who were being priced out, and to help some of Miami’s most overlooked neighborhoods realize their full potential. I’ve had the honor of watching this transformation unfold in the Miami River District, where we started, and we see the same potential in Allapattah, one of Miami’s last remaining authentic urban neighborhoods. We chose to name our second Allapattah development after Miami’s founding mother, Julia Tuttle, who is a personal hero of mine – and because we hope it stands as a beacon to every young woman with big dreams. With hard work, grit and sacrifice, they can achieve anything.”
Inspired by Miami’s original real estate visionary, American businesswoman Julia Tuttle, The Julia will embrace a “tropics-meets-metropolis” aesthetic combining elements of Art Deco with 1950s-style glam. Interior common areas will feature neoclassical elements such as brass accents, wood details and colorful mosaics alongside bright, botanical patterned wallcoverings and other fun, punchy colorful elements for a mood that is romantic, sophisticated and timeless.
The property will offer a mix of one- apartments and two-bedroom apartments ranging from 600 to 1,00 square feet. Unit interiors will feature energy efficient, stainless-steel appliances, quartz countertops, European-inspired cabinetry, in-home washer and dryers, expansive views, and balconies in all units.. Amenities at The Julia will include a ninth-floor Sky Lounge with resort-style pool deck, clubroom, and wellness center, and 15,000 square feet of street-level retail space.
The Julia is centrally located just a few blocks from the Civic Center Metrorail Station, the University of Miami Health System, Jackson Memorial Hospital, and Miami-Dade College Medical Center. The property is just a short car or public transit ride away from both Brickell and Downtown, home to several large employers and dining and shopping destinations, along with popular attractions such as Marlins Park, American Airlines Arena, the Adrienne Arsht Center for the Performing Arts, Perez Art Museum Miami and Frost Museum of Science, and the new Brightline commuter rail station connecting Miami to Fort Lauderdale, West Palm Beach, and eventually Orlando.
Neology intends to break ground on a third Allapattah residential community in the coming months, bringing its portfolio up to 1,200 apartments throughout Miami.
The general contractor for The Julia is JAXI Builders, Inc.; the architect is Behar Font Architects; interior design is by designBAR; and Witkin Hultz Design is the landscape architect. Berkadia arranged construction financing for The Julia; Trez Capital originated a $78.19 million loan. Bilzin Sumberg and GT Law provided legal counsel.
