Midtown Miami Residences
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Midtown Miami Residences
Midtown Miami Residences consists of three residential towers located in Midtown Miami. The buildings are located on Northeast 1st Avenue between Northwest 32nd Street and Northwest 35th Street, on the site of the former Buena Vista rail yard. Gold Krown Financial purchased a total of 538 units from a group of lenders represented by HSBC HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ... for approximately $110 million in 2012. Midblock consists of nine stories and 173 units. According to CityBizList, the building was originally planned as a condominium but was converted to rentals as a result of the 2008 economic downturn. Construction on Midblock was completed in 2008 and beginning in 2011 Beztak Companies managed the rental program. Tenant occupancy was consistently more than 90 p ...
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Midtown Miami
Midtown Miami is the collective term for the Wynwood and Edgewater neighborhoods of Miami, Florida. It is located north of Downtown and south of the Miami Design District and is roughly bound by North 20th Street to the south, I-195 to the north, I-95 to the west, and Biscayne Bay to the east. In 2005, construction began on the "Midtown Miami" development between North 29th and 36th Street and Miami Avenue and the Florida East Coast Railway (FEC) on what was historically an FEC rail yard. The project is a large-scale, urban development that was planned with 8 high-rise residential buildings, a hotel, two parks, and a major urban shopping area, "The Shops at Midtown". Due to the collapse of the real estate bubble in 2007, only two residential buildings, and about 2/3 of "The Shops at Midtown" were built. In July 2011, plans were announced to begin construction on a new entertainment center at Midtown, including a hotel, and shops on the site of the current temporary park in the ...
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Rail Yard
A rail yard, railway yard, railroad yard (US) or simply yard, is a series of tracks in a rail network for storing, sorting, or loading and unloading rail vehicles and locomotives. Yards have many tracks in parallel for keeping rolling stock or unused locomotives stored off the main line, so that they do not obstruct the flow of traffic. Cars or wagons are moved around by specially designed yard switchers (US) or shunters, a type of locomotive. Cars or wagons in a yard may be sorted by numerous categories, including railway company, loaded or unloaded, destination, car type, or whether they need repairs. Yards are normally built where there is a need to store rail vehicles while they are not being loaded or unloaded, or are waiting to be assembled into trains. Large yards may have a tower to control operations. Many yards are located at strategic points on a main line. Main-line yards are often composed of an up yard and a down yard, linked to the associated direction of travel. ...
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HSBC
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA), respectively. HSBC traces its origin to a hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. HSBC has offices in 64 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 40 million customers. As of 2022, it was ranked no. 38 in the world in the Forbes rankings of large companies ranked by sales, profits ...
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