BI Group USA has broken ground on Parkside Residences, an eight-story, 187-unit residential development at 1741 SW 2nd Avenue in Miami’s Brickell neighborhood. Designed by Kobi Karp, with interiors by 2ID Interiors and construction led by Winmar Construction, the project is expected to be completed in 2027 or by the second quarter of 2028, depending on the source.
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META Development has broken ground on OPUS Coconut Grove, a six-story boutique condominium development at 3137 SW 27th Avenue in Miami’s Coconut Grove neighborhood. The project is designed by Kobi Karp, with interiors by João Armentano, and will yield 14 residences, including 12 standard units and two penthouses. Recent project materials indicate the development is more than 50 percent sold and is now moving into vertical construction following demolition and the closing of a $28 million construction loan from Arixa Capital. Completion is slated for 2027.
California-based Kennedy Wilson Inc. has proposed a low-rise multi-family development near Orlando’s Fashion Mall.
Swire Properties has completed the controlled implosion of the former 23-story Mandarin Oriental, Miami hotel and its adjacent six-story parking structure at 500 Brickell Key Drive on Brickell Key, clearing the site for The Residences at Mandarin Oriental, Miami. The implosion took place on the morning of Sunday, April 12, with debris removal expected to take up to six months before preparations for groundbreaking advance.
Two developers are moving forward with the second Cipriani-branded project in Miami-Dade County.
