A developer has proposed a supertall skyscraper in Miami-Dade County. Walter Defortuna, the brother of Fortune International Group’s CEO, wants to move forward with an 81-story building.
Florida YIMBY has learned of two Miami-based projects: one that has finished construction and another that could break ground next year. Here’s what we know.
Optimum Property Management hopes to get approval for a high-rise tower in Miami-Dade County. Plans call for the demolition of a low-rise apartment complex built in 1960. In its place would rise a 50-story building comprising close to 560,000 square feet of new construction.
Fortune International Group, in collaboration with Blue Road, has officially announced the groundbreaking of Nexo Residences, a 15-story condominium project offering full home-sharing capabilities at 13899 Biscayne Boulevard in North Miami Beach. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott, and common areas, residential interiors, and landscaping curated by Urban Robot, the development features 254 fully furnished residences, giving homeowners complete discretion over their usage. Prices start from the mid $600s, offering a range of options from studios to four-bedroom townhomes, from 531 to 2,190 interior square feet. Nexo Residences, exclusively marketed by Fortune Development Sales, is expected to be completed in 2026.
Miami-based Fortune International Group and Bay Harbor Islands-based Blue Road announced that Nexo Residences, a 15-story condominium project planned for construction in North Miami Beach with unrestricted home-sharing rental capabilities, is now designated for EB-5 Program investment. Located at 13899 Biscayne Boulevard, Nexo Residences is one of the first condo projects in the rapidly growing area that offers short-term rental capability without restrictions amidst its 254 residences. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott, and common areas, residential interiors, and landscaping curated by Urban Robot, the project’s well-thought, resort-style amenities are coupled with connectivity throughout to make one’s stay on the property seamless – giving meaning to the brand’s name, Nexo, which is “nexus” in Spanish, a central point for its location, lifestyle and technology.
