Merrimac Ventures

Plans Unveiled for Bungalow East, a 14-Story Condo at 530 North Birch Road in Fort Lauderdale Beach

8:00 am on November 29, 2024 By Oscar Nunez

Merrimac Ventures has unveiled plans for Bungalow East, a 14-story condominium at 530 North Birch Road in Fort Lauderdale Beach. The boutique development will feature 34 residences, with construction expected to begin in late 2025 and a completion timeline of 18 months.Merrimac Ventures Unveils Plans for Bungalow East, a 14-Story Condo at 530 North Birch Road in Fort Lauderdale Beach

Miami Referendum Set to Decide Future of Watson Island’s Luxury Towers, Park, and Waterfront Amenities

8:00 am on November 5, 2024 By Oscar Nunez

The latest proposals for Watson Island’s transformation reveal plans to develop luxury residential towers, hotels, retail, and expansive public spaces, set to appear on Miami’s referendum ballots today. This vision, which has evolved over the years with various project iterations, aims to reimagine the island into a high-end waterfront destination with enhanced public amenities.

Miami Commission Approves Watson Island Referendum; BH3 & Merrimac Unveil First Rendering

8:00 am on July 30, 2024 By Oscar Nunez

This November, City of Miami residents will vote on Watson Harbour, a mixed-use development planned for the south side of historic Watson Island. The project, proposed by BH3 Management and Merrimac Ventures, includes two hotels,…

Merrimac Ventures & Aria Development Group Secure $95M Construction Loan For 600 Miami Worldcenter Condominium In Downtown Miami

8:00 am on February 6, 2024 By Oscar Nunez

A joint venture between South Florida-based developers Merrimac Ventures and Aria Development Group is preparing to break ground on 600 Miami Worldcenter, a 32-story condominium tower set within Downtown Miami’s Miami Worldcenter 27-acre mixed-use development, which will deliver 606 fully furnished units with no restrictions on short-term rentals. The upcoming groundbreaking will be made possible with a $95 million construction loan from Banco Inbursa to fund the sold-out tower’s development at 600 Northeast 1st Avenue. Construction is expected to be completed in 2026.

Developers Complete Utilities Deal With Miami-Dade County For 31-Story Tower At 600 Miami Worldcenter

8:00 am on December 22, 2023 By Oscar Nunez

The 31-story 600 Miami Worldcenter (600 MWC) has reached a significant development milestone, with the developers securing a utility agreement from Miami-Dade’s Water and Sewer Department. This agreement is essential for providing services to the building, marking notable progress in this pre-construction phase of the project. Designed by Revuelta Architecture International and featuring interiors by Designagency, the development is a joint venture between Aria Development and Merrimac Ventures under the 55 NE 6TH ACQUISITION LLC. The 327-foot-tall structure is set to rise at 600 Northeast 1st Avenue, bordered by Northeast 6th Street to the south and train tracks to the north. OneWorld Properties is exclusively managing sales and marketing for the project. Miami’s Urban Development Review Board recommended approval for 600 MWC in July.

Related Group And Merrimac Ventures Join Forces With Hilton For 28-Story Waldorf Astoria Residences Pompano Beach

8:00 am on October 4, 2023 By Oscar Nunez

Developers Related Group (Related) and Merrimac Ventures, in collaboration with Hilton, are excited to introduce their latest project: the Waldorf Astoria Residences Pompano Beach. Sitting on a two-acre oceanfront site at 1350 South Ocean Boulevard, this 28-story tower designed by KORA with Nichols Architects as the architect of record and landscape design by Enea Landscape Architecture will feature a total of 92 residential units, with interiors masterfully crafted by BAMO. With a beachfront cafe offering room service, a resident lounge, a pool deck complete with a jacuzzi and cabanas for poolside dining, comprehensive wellness facilities, and nearly two dozen boat slips, this new development is poised to contribute to South Florida’s ongoing growth. Nestled along the Atlantic Ocean, the Waldorf Astoria Residences Pompano Beach, known as The Residences, represents a notable milestone for the iconic Waldorf Astoria brand as it embarks on its inaugural venture into exclusively residential concepts. Furthermore, this project marks Waldorf Astoria’s grand entrance into Broward County, making it a highly anticipated addition to the region’s evolving real estate landscape.

The Wharf Miami Gears Up For Transformation: Preparing for the Development Of $185 Million Riverside Wharf

8:00 am on August 27, 2023 By Oscar Nunez

Downtown Miami’s iconic waterfront destination, The Wharf Miami, is preparing to bid farewell to its current chapter, making way for the transformative $185 million Riverside Wharf development. The forthcoming Riverside Wharf is envisioned as a more permanent incarnation of The Wharf’s vibrant essence. While The Wharf’s closing party is scheduled from September 15 to 16, anticipation for Riverside Wharf’s evolution is growing.

The Crosby At Miami Worldcenter Gets Permit For Vertical Construction

8:00 am on August 18, 2023 By Oscar Nunez

Miami’s Building Department has recently issued a construction permit for The Crosby, an upcoming 33-story mixed-use building located within Miami Worldcenter at 601 North Miami Avenue in downtown Miami. Designed by Cohen Freedman Encinosa & Associates Architects with interiors envisioned by AvroKO and developed by DT G Block LLC, a joint venture between Related Group and Merrimac Ventures, the 377-foot-tall structure will encompass 450 condominium units, accommodating short-term rentals, along with more than 22,000 square feet of amenities, a rooftop bar and restaurant, and 3,370 square feet of retail space. Notably, the development will omit parking facilities. Beauchamp Construction serves as the general contractor.

FAA Building Permits Filed For 600 Miami Worldcenter In Downtown Miami

8:00 am on June 7, 2023 By Oscar Nunez

Building permits have been filed with the Federal Aviation Administration (FAA) for 600 Miami Worldcenter, a 32-story residential tower planned at 600 Northeast 1st Avenue in Downtown Miami. Designed by Revuelta Architecture International and developed by a joint venture partnership between Aria Development Group and Merrimac Ventures, the project is planned to yield 606 residential units in studio, one and two-bedroom floor plans, offering owners the option to list on short-term rental platforms.

Related And Merrimac Secure $94.2 Million To Construct The Crosby At Miami Worldcenter

8:00 am on May 16, 2023 By Oscar Nunez

The Related Group and Merrimac Ventures have successfully secured a substantial $94.2 million in funding for the vertical construction of The Crosby, which is poised to add more density to the ongoing developments at Miami Worldcenter. The residential tower is set to ascend 33 stories high and is expected to top off at around 377 feet above ground, or 390 feet above sea level, according to building permits filed with the FAA in January. The Arkansas-based Bank OZK provided the loan to DT G Block LLC, a joint venture entity affiliated with the developers. Cohen Freedman Encinosa & Associates and AVRO|KO is in charge of the architectural design and interiors of the project, respectively. The Crosby, which broke ground earlier this year, is slated to offer 450 fully furnished, ready-to-rent residences and 3,370 square feet of retail space on the ground floor.

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