The Ritz-Carlton Residences, Fort Lauderdale Beach Announced at 551 Bayshore Drive

MICL and Admire Capital have announced The Ritz-Carlton Residences, Fort Lauderdale Beach, a 13-story dual-tower waterfront residential development planned for 551 Bayshore Drive in Fort Lauderdale. Designed by Garcia Stromberg with interiors by Dan Fink Studio, the boutique project will comprise 83 private residences positioned between the Atlantic Ocean and the Intracoastal Waterway. Plans call for a limited collection of two- and three-bedroom homes with dens, ranging from approximately 1,550 to 3,480 square feet, and six penthouses with ceiling heights up to 11 feet. The massing of the two 13-story structures responds to the waterfront setting, with layouts oriented to maximize natural light, cross-breezes, and views of both the Intracoastal and the Atlantic Ocean.

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Miami Developers Advance Billions in New Projects Across Orlando

Orlando is experiencing an accelerated period of economic expansion, with local officials citing the metro’s recent leadership in job, population, and GDP growth among large U.S. markets. The region added more than 37,000 jobs over the past year and continues to report record-setting international travel through Orlando International Airport. That momentum is drawing increased attention from Miami-based development firms, several of which have recently advanced large-scale residential and mixed-use proposals across downtown and key growth corridors in Central Florida.

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Miami Beach Adopts Major Deregulatory Policy to Attract Restaurants and Live Entertainment

The Miami Beach City Commission has unanimously approved a sweeping temporary deregulatory ordinance designed to accelerate the opening of qualifying restaurants and indoor live entertainment venues across several of the city’s primary commercial corridors, including Lincoln Road. The policy removes the requirement for conditional use permits in designated districts and is intended to help fill vacant retail spaces more quickly while restoring activity to core business areas.

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$70 Million Loan Secured for 9-Story Central Aventura Development at Biscayne Boulevard and NE 209th Street

Ocean Bank has provided a $70 million construction loan to Central Aventura LLC for a planned 9-story mixed-use commercial building at the northeast corner of Biscayne Boulevard and Northeast 209th Street in Aventura. The project, known as Central Aventura, will rise on a 1.6-acre site and is slated to include the city’s first multi-story digital billboard screen integrated into the structure.

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