Optimum Property Management hopes to get approval for a high-rise tower in Miami-Dade County. Plans call for the demolition of a low-rise apartment complex built in 1960. In its place would rise a 50-story building comprising close to 560,000 square feet of new construction.
The acquisition of a $424 million construction loan will make completing Rivage Residences in Miami-Dade County possible. Florida YIMBY first reported on this luxury high-rise in early 2023.
The Rosewood Residences Lido Beach has topped out in Sarasota County. Florida YIMBY first reported on this venture in June 2022. The 11-story tower will feature 65 three-bedroom and four-bedroom units.
St. Petersburg city officials greenlit the expansion of the Miramar Beach Resort on Tuesday. The redevelopment calls for the demolition of two two-story buildings, which will be replaced with a 76-foot-tall tower with 30 rooms. This is a scaled-back plan of the original; in 2021, the developer secured approval for 54 rooms.
Two developers have secured a multi-million-dollar construction loan for the Residences at Shell Bay, a luxury venture in Hallandale Beach. The project will have both a residential and commercial aspect, with plans calling for a 20-story, 108-unit condominium, along with a 60-key Auberge resort hotel.
