Miami-based developer BH Group is planning to build a 30-story apartment tower, that will have 400 units at 2261 Northeast 164th Street.  The purchased the 2-acre property for USD $11 million in which a 35,000 square foot warehouse is on the site.  The building is planned to be demolished for the new tower.

This would be the latest in a string of real estate endeavors by BH. In the Aventura purchase, it partnered last month with Jorge Pérez and Jon Paul Pérez’s Related Group to purchase the property at 2999 Northeast 191th Street for $51 million. They plan to develop offices, luxury residences and retail with restaurants on the parking lot of the 4.5-acre site, while preserving and renovating the existing Aventura View office building.

For more on this story go to the Real Deal