Foundation work is underway for Palma Miami Beach, a 14-story condominium development at 600 71st Street in Miami Beach’s North Beach neighborhood. Developed by Lefferts and designed by Built Form, the project is being built by KAST Construction and will include condominium residences, ground-floor retail, and structured parking.
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A townhome development in St. Petersburg could get approval for a 116-unit expansion.
Plans have been revived for the Magic City Innovation District, a $3 billion mixed-use master-planned development spanning approximately 18 acres in Miami’s Little Haiti neighborhood. Led by Dragon Global in partnership with Plaza Equity Partners, the project is planned to encompass approximately 7.8 million square feet of development with more than 2,600 residential units, office space, hotel accommodations, retail, restaurants, and publicly accessible open space. The renewed vision positions the district as a destination for artificial intelligence, technology, finance, and innovation companies while maintaining its previously approved mixed-use development program.
Miami Beach officials are backing an estimated $50 million rooftop expansion of The Rivani, a seven-story mixed-use building at 1691 Michigan Avenue. The proposal, led by Miami-based developer Robert Rivani, would transform the building’s upper levels with approximately 36,000 square feet of office space, a 6,000-square-foot restaurant, and three rooftop padel courts, while extending the ground lease for the city-owned land beneath the property through 2132, subject to additional approvals.
Florida YIMBY has an update regarding a multi-million-dollar venture we first covered in 2025. Our initial report shared that Related Urban Development Group intended to move forward with a multi-family project that would offer affordable housing.
