Hidrock JV Plans Apartment Tower in North Miami Beach

Abraham 'Abie' Hidary and Eddie Hidary and Hidrock's David Huke with a rendering of the project planned for 1700 Northeast 164th Street (LinkedIn, ...

December 7, 2022
5:04 PM

Abraham 'Abie' Hidary and Eddie Hidary and Hidrock's David Huke with a rendering of the project planned for 1700 Northeast 164th Street (LinkedIn, RevereCRE) Hidrock Properties and Argentine developer Grupo Portland plan to develop a rental tower in North Miami Beach after finalizing their joint venture. The 50-50 partners began the entitlement process for the 20-story building at 1700 Northeast 164th Street and could break ground in 2024, said Hidrock's Chief Investment Officer Eddie Hidary. Hidrock, led by Eddie, Abraham 'Abie' and Steven Hidary, bought into the project with Grupo Portland based on a $10 million valuation of the land.

Priyanka Modi