NMB Place Mixed-Use Development
Sector: Residential • Location: North Miami Beach, Florida, United States
Source: The Business Journals
The NMB Place project is a proposed 28-story mixed-use development located at 1999 N.E. 164th St., North Miami Beach. The project includes plans for two 28-story towers with a combined 700 apartments, retail space, office space, and parking. The project has not yet moved forward and is currently facing a $13.41 million foreclosure lawsuit due to default on a $13.6 million mortgage with a 10% inter
- Status
- Closed
- Sector
- Residential, Car parking, Commercial, Automotive
- Location
- North Miami Beach, Florida, United States of America
- Updated
- 22 Jul 2026
- Source
- The Business Journals
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Project Information
Participants
| Not available for this record. |
Status
Original status | foreclosure |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The NMB Place project is a proposed 28-story mixed-use development located at 1999 N.E. 164th St., North Miami Beach. The project includes plans for two 28-story towers with a combined 700 apartments, retail space, office space, and parking. The project has not yet moved forward and is currently facing a $13.41 million foreclosure lawsuit due to default on a $13.6 million mortgage with a 10% interest rate. The lender has requested the appointment of a receiver to manage the property. |
Original sector | Construction |
Budget |
Location
Country | United States of America (USA) |
State | Florida |
City | North Miami Beach |
Source
Source | The Business Journals |
URL |
More Details
Record type | Project |
Sector | Residential, Car parking, Commercial, Automotive |
Article published date | 2025-05-25 |
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