Royal Palm Companies

Developers Secure $86 Million In Construction Financing For 420-Unit Multifamily ‘Tuscany Village’ At 4201 West 1st Street In Sanford, FL

8:00 am on April 21, 2024 By Oscar Nunez

Royal Palm Companies, in collaboration with the Mattoni Group under RPM SANFORD LLC, have secured an $86 million construction financing loan for Tuscany Village, a multifamily complex soon to be developed at 4201 West 1st Street in Sanford, Florida. This project represents a significant advancement in expanding high-quality residential options within the Orlando–Kissimmee–Sanford Metro area. Located on the south frontage of State Road 46, between Upsala Road and Sewell Road, Tuscany Village is strategically positioned to become a key community in Sanford. The development will feature 420 residential units distributed across seven four-story buildings. A date for the commencement of construction is expected to be announced in the coming weeks, with a phased completion targeted for 2026.

Forest Development And Royal Palm Companies Tops Off Construction On Nautilus 220 In Lake Park, Florida

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

Forest Development and Royal Palm Companies recently celebrated the topping-off construction milestone for Nautilus 220, a new luxury mixed-use development with condominium residences in two 24-story towers, waterfront restaurants including SeaHawk Prime by Chef David Burke, retail, and office suites alongside a marina at 220 Lake Shore Drive in Lake Park, FL. The traditional topping-off ceremony was commemorated at the project site on November 3, 2023, attended by more than 550 guests, including construction workers, project partners, and elected officials.

Elevate Apartments Tops Off Construction At 600 E. Dania Beach Blvd. In Dania Beach, FL

8:00 am on April 30, 2023 By Oscar Nunez

Miami-based developers Royal Palm Companies and ILP Developers celebrate the topping off of Elevate Apartments, a 293-unit multifamily project at 600 East Dania Beach Boulevard in Dania Beach. Designed by NMD Nomadas with De Los Reyes Engineering Inc. as the structural engineer, the 8-story, 503,924-square-foot project will feature a mix of studio, one-, two-, and three-bedroom residences ranging from 700 to 1,000 square feet, and amenities such as a pool with sundeck, fitness center, coworking space, water sports equipment storage, and structured parking. Architectural Alliance Landscape is the landscape architect. Suffolk Construction is the general contractor.

Blue Zones Medical And Wellbeing Center At Legacy Hotel & Residences Gets 60% Expansion Following Land Acquisition From RPC

8:00 am on June 3, 2022 By Oscar Nunez

Royal Palm Companies (RPC) purchased the neighboring 7,500-square-foot parcel of land at 61 Northeast 9th Street beside Legacy Hotel & Residences (Legacy) at Miami Worldcenter to expand its 10-floor $100 million first-of-its-kind Blue Zones Medical and Wellbeing Center to be even more expansive than previously planned. The property was purchased by 61 NE 9TH STREET LLC, an entity linked to RPC, for $4,450,000 from SIN BIN INC Given the impressive demand for preventative medicine and wellness, Dan Kodsi and his team are catering to the demand through expanding the center by 60%. The original plans called for 100,000 square feet of space, and will now span 160,000 square feet.

Updated Rendering Revealed For Legacy Hotel And Residences At Miami Worldcenter

8:00 am on May 15, 2022 By Oscar Nunez

A new rendering has surfaced of Legacy Hotel & Residences, a 51-story mixed-use building officially underway at 930 Northeast 1st Avenue within the 27-acre Miami Worldcenter. Designed by Kobi Karp Architecture & Interior Design Inc. with interiors by ID & Design International and developed by Royal Palm Companies, the near 1-million-square-foot structure is planned rise 690-feet and include 310 residences and 219 hotel rooms, 37,227 square feet of commercial space, 55,088 square feet of office space, over 140,000 square feet of wellness space, 482 parking spaces and 30 bicycle spaces. Moss & Associates LLC is listed as the general contractor.

Legacy Hotel & Residences. Designed by Kobi Karp.

Royal Palm Companies Secures $340 Million In Construction Financing For Legacy Hotel & Residences

7:30 am on December 14, 2021 By Oscar Nunez

Dania Beach-based real estate developer Royal Palm Companies has landed a massive $340 million construction loan from New York City-based Silverstein Capital Partners for Legacy Hotel & Residences, a 51-story mixed-use building planned for 938 Northeast 1st Avenue within the 27-acre Miami Worldcenter master-planned development. The loan marks the third largest financing package executed in the state of Florida, and will allow for the vertical construction of the 690-foot-tall structure projected to yield nearly 1 million square feet. Renowned Miami architect Kobi Karp designed the modern Art-Deco inspired tower, and will feature interiors by ID & Design International.

Full Site Plan, Diagrams And Additional Renderings Unveiled For Kobi Karp-Designed Legacy Hotel & Residences

8:00 am on September 11, 2021 By Oscar Nunez

Detailed site plans and diagrams have finally been unveiled for Miami Worldcenter’s (MWC) upcoming Legacy Hotel & Residences, a 51-story neo-futuristic mixed-use skyscraper underway at 938 Northeast 1st Avenue in Downtown Miami. Set to rise 681-feet within the Park West neighborhood, the highly anticipated tower is designed by Kobi Karp for Miami-based Royal Palm Companies as part of the 27-acre MWC mega-development. The city’s Urban Development Review Board has received an application for the project requesting approvals for the include site plans. Marissa Neufeld of Greenberg Traurig LLP is listed as the representative for the developer in the application.

RPC Files Notice Of Commencement For 691-Foot-Tall Legacy Miami Worldcenter

8:00 am on August 19, 2021 By Oscar Nunez

Ground-breaking is imminent on the site of the 691-foot-tall Legacy Miami Worldcenter, a 50-story luxury mixed-use skyscraper set to rise at 930 Northwest 1st Avenue within the 27-acre Miami Worldcenter mega-development in the Parkwest neighborhood of Downtown Miami. Designed by Miami-based architect Kobi Karp and developed by Royal Palm Companies (RPC), the tower is expected to yield 310 condominium units, 220 hotel rooms and over 100,000 square feet of space dedicated to wellness. Moss & Associates is listed as the general contractor for the project.

Legacy Miami Worldcenter. Designed by Kobi Karp.

Legacy Miami Worldcenter Gets Height Increase Approval From The FAA

7:30 am on July 29, 2021 By Oscar Nunez

The Kobi Karp-designed Legacy Miami Worldcenter has recieved an increase in height as per a recent determination by the Federal Aviation Administration. The developer now has permission to build approximately 20-feet higher than the original approval, from 661-feet to 680-feet. When factoring in the elevation of the site, the total height above sea level increases from 671-feet to 691-feet. Addressed as 930 Northeast 1st Avenue, the tower will rise to become the second tallest structure at the mega development behind Paramount Miami Worldcenter. Royal Palm Companies is the developer of the project, where units are 100% sold out.

Legacy Hotel & Residences Coming to 942 Northeast First Avenue, Miami, FL, 33132

7:00 am on June 17, 2021 By Colt Dodd

Legacy Hotel & Residences, a $178 million project, is currently in its “permitting” phase, according to the Construction Journal. Per the development’s website, the luxury complex features a one-acre pool deck, rooftop bar, and 50,000-square foot medical clinic.

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