Fourth and Final Tower at Link at Douglas Secures $134 Million in Construction Financing and Breaks Ground

Construction has begun on Crescendo, the fourth and final tower at Link at Douglas in Miami, following the securing of a $134 million construction loan. The 37-story residential tower is located at 3070 SW 37th Avenue and represents the final phase of the larger 7-acre, master-planned, transit-oriented development. Developed by 13th Floor Investments and Barings, the project will yield 392 apartment units adjacent to the Douglas Road Metrorail Station and is expected to complete in 2029.

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Hathaway Development To Develop First Apartment Community At Wyld Oaks In Apopka

Hathaway Development has acquired an 11-acre parcel within the 215-acre Wyld Oaks master-planned development in Apopka, where the Atlanta-based multifamily developer plans to build Exchange at Wyld Oaks, a 325-unit apartment community. The project is located within the larger mixed-use development at the intersection of State Road 429 and West Kelly Park Road in northwest Orange County. The development is backed by a $47 million construction loan from Ameris Bank and forms part of an overall investment estimated at approximately $71 million.

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Pre-Application Filed for 8-Story Senior Housing Development in Leisure City, Miami-Dade County

A pre-application has been filed for Santa Cruz Isles, an 8-story affordable senior living development planned for the northwest corner of SW 150th Avenue and SW 282nd Street in Leisure City, Miami-Dade County. Designed by Kaller Architecture, with Javier Tavel of Centennial Management Corp. listed as the applicant, the 94-foot-tall building would contain 120 one- and two-bedroom senior living units above ground-floor parking. The property is owned by 28201 SW 152 AVE, LLC, an entity managed by Lewis Swezy, founder, CEO, and president of Centennial Management Corp.

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