Palm Aire Secures $97.9M Building Permit in North Miami Beach

A $97.9 million building permit has been issued for Palm Aire, a 728-unit mixed-use apartment project at 1750 NE 167th Street in North Miami Beach. The permit covers 171,743 square feet of new construction. PPG Development is the developer; Kobi Karp Architecture is the architect.

The project spans five buildings of three to eight stories. Of 985 parking spaces, 777 sit in six- and seven-story garages topped by a rooftop resort-style pool.

Amenities include a fitness center, clubhouse, co-working space, and a public breezeway connecting the canal greenway to the residential buildings. PPG bought the site, formerly Nova Southeastern University's dental school campus, for $31.1 million in 2022.

PPG secured a $235 million financing package, including a $205 million construction loan. The new construction permit was filed on September 2, 2026, and an early start was approved on November 6, 2026.