{"id":368472,"date":"2026-08-11T15:30:13","date_gmt":"2026-08-11T15:30:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/368472\/"},"modified":"2026-08-11T15:30:13","modified_gmt":"2026-08-11T15:30:13","slug":"developer-secures-84-5-million-construction-loan-for-366-unit-vybe-75-in-miami","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/368472\/","title":{"rendered":"Developer Secures $84.5 Million Construction Loan For 366-Unit Vybe 75 In Miami"},"content":{"rendered":"<p>Coastland Residential has secured an $84.5 million construction loan for Vybe 75, an eight-story mixed-use development planned at 4383 SW 75th Avenue in Miami\u2019s Bird Road District. Designed by Corwil Architects, the first phase will contain 366 residences and approximately 5,000 square feet of ground-floor retail space, with units designated for households earning up to 120 percent of area median income.<\/p>\n<p>The financing advances the first phase of Coastland Residential\u2019s larger plans for the Bird Road District, where the developer ultimately expects to deliver approximately 1,000 residences across multiple phases along with additional retail space. Miami-Dade County records identify the development as Vybe Residential \u2013 Phase I and show a final plat associated with the project was approved earlier this year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-41525 size-full\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/08\/IMG_5067-scaled.jpeg\" alt=\"\" width=\"2560\" height=\"1440\"  \/><\/p>\n<p class=\"wp-caption-text\">Credit: Raymond Nicolas<\/p>\n<p>Vybe 75 is planned as an eight-story structure<br \/>with residential units arranged around a collection of shared amenity spaces. Corwil Architects is serving as architect, while Miami-based Raymond Nicholas, led by Raymond Jim\u00e9nez, is overseeing the interior design.<\/p>\n<p>Amenities are planned to include a rooftop swimming pool and sundeck, recovery spa, fitness center and yoga studio, co-working lounge, sports simulator, movie theater lounge, and pet spa. Approximately 5,000 square feet of retail space is planned at street level.<\/p>\n<p>\u201cThe Bird Road District already possesses something many communities spend decades trying to create\u2014an authentic identity,\u201d said Anthony Seijas, Principal of Coastland Residential. \u201cOur responsibility is not to change that identity, but to invest in it thoughtfully. Vybe 75 is the first step in a long-term commitment to supporting the people, businesses, and creative culture that make this district unique.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-41524 size-full\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/08\/IMG_5066-scaled.jpeg\" alt=\"\" width=\"2560\" height=\"1440\"  \/><\/p>\n<p class=\"wp-caption-text\">Credit: Raymond Nicolas<\/p>\n<p>The development is targeting Miami\u2019s working population, with residences available to households earning up to 120 percent of area median income. The project is positioned within the Bird Road Art District, an established commercial and arts area west of Coral Gables centered around Bird Road and the surrounding industrial blocks.<\/p>\n<p>Raymond Nicholas\u2019 interior design is intended to draw from the surrounding neighborhood and Miami\u2019s broader cultural influences. Jim\u00e9nez, a Cuban-American Miami native, leads the Miami-based studio.<\/p>\n<p>\u201cSuccessful neighborhoods evolve without losing their soul,\u201d said Seijas. \u201cOur goal is to create housing opportunities, support local businesses, celebrate local artists, and help ensure that future generations can continue to live, work, and call this community home.\u201d<\/p>\n<p>Vybe 75 represents the initial component of a larger multi-phase development planned by Coastland Residential in the district. The developer expects the broader buildout to eventually contain approximately 1,000 residences as well as additional neighborhood retail.<\/p>\n<p> <a href=\"http:\/\/eepurl.com\/hud0UH\" rel=\"nofollow noopener\" target=\"_blank\">Subscribe<\/a> to YIMBY\u2019s daily e-mail<\/p>\n<p><a href=\"https:\/\/google.com\/preferences\/source?q=https%3A%2F%2Ffloridayimby.com\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/google_preferred_source_badge.png\" width=\"245\" height=\"40\" alt=\"Make YIMBY preferred on Google\"\/><\/a><\/p>\n<p><a href=\"https:\/\/instagram.com\/yimbygram\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Follow<\/a> YIMBYgram for real-time photo updates<br \/><a href=\"https:\/\/www.facebook.com\/YIMBYFB\" rel=\"nofollow noopener\" target=\"_blank\">Like<\/a>\u00a0YIMBY on Facebook<br \/><a href=\"https:\/\/twitter.com\/yimbytweets\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Follow<\/a> YIMBY\u2019s Twitter for the latest in YIMBYnews<\/p>\n<p><a href=\"https:\/\/floridayimby.com\/category\/uncategorized\" rel=\"category tag nofollow noopener\" target=\"_blank\">Uncategorized<\/a><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Coastland Residential has secured an $84.5 million construction loan for Vybe 75, an eight-story mixed-use development planned at&hellip;\n","protected":false},"author":2,"featured_media":368473,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[123,125,124],"class_list":["post-368472","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-miami","tag-miami-headlines","tag-miami-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/368472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=368472"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/368472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/368473"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=368472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=368472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=368472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}