Terra, a prominent real estate development company in South Florida, and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, have announced they have commenced demolition of the existing structures at 320 Lakeview Avenue, the future location of the first branded residence in downtown West Palm Beach Mr. C Hotel & Residences West Palm Beach.
Following several months of foundational work, Domus Brickell Park, a short-term-rental-friendly condominium tower at 1611 Southwest 2nd Avenue, is beginning its vertical ascent in the heart of the Brickell Financial District. The 12-story, 171-unit development from North Development is set to redefine the traditional condo-hotel market, with progress moving swiftly since its groundbreaking earlier this year. The project remains on track for a Q1 2026 completion.
As South Florida’s population continues to grow, so does its affordability challenge. According to Miami Homes For All, the tri-county area currently faces a shortage of 90,181 housing units for households earning below 80 percent of the area median income, estimated at around $75,000 annually.
The construction of self-storage facilities is on the rise in Florida. Our sources point to three separate ventures intending to meet the need for these services.
Glass House Boca Raton, a 10-story residential development located in downtown Boca Raton at 280 East Palmetto Park Road, continues to expand its South Florida-based development team. The development has welcomed Anthony Perera, founder and managing partner of Exuma Capital Partners, as general partner, and Square Edge as the construction management partner. The project is being developed by 280 Palmetto Park Road, LLC, with West Palm Beach architecture firm Garcia Stromberg, interior designer Wade Hallock of Hallock Design Group, and landscape architect AGTLAND.
