Articles by Oscar Nunez

The Armani Group Partners with South Florida Developers for Armani/Casa Residences Pompano Beach

8:00 am on November 20, 2024 By Oscar Nunez

Armani/Casa Residences Pompano Beach, a two-tower luxury condominium project, is coming to 1550 North Ocean Boulevard in Pompano Beach. Developed by SP Developments, Vertical Developments, WellDuo, and GCF Development, the project will introduce 28 exclusive oceanfront residences, each occupying an entire floor across 19 stories. Sales are being led by Fortune Development Sales, with units starting at $5 million. Groundbreaking is scheduled for 2025, with completion expected in 2028.

$94.5M Construction Loan Secured for 24-Story Multifamily Tower ‘Excel Miami’ in Miami’s Arts & Entertainment District

8:00 am on November 19, 2024 By Oscar Nunez

Construction is progressing at Excel Miami, a 24-story multifamily tower rising at 1550 Northeast Miami Place in Miami’s Arts & Entertainment District. The project has secured $94.5 million in construction financing, comprising a $68.5 million senior loan from Centennial Bank, facilitated by Jay Brito, and a $26 million subordinate loan originated and agented by an affiliate of Southern Realty Trust Inc. (SRT).

Developer Selects General Contractor for The Ritz Carlton Residences, Sarasota Bay with Sitework Underway

8:00 am on November 18, 2024 By Oscar Nunez

Kolter Urban has selected Moss Construction as the general contractor for The Ritz-Carlton Residences, Sarasota Bay, a 20-story waterfront residential property at 555 Quay Commons in Sarasota’s downtown cultural district. Sitework for the development commenced in April 2024, and deep foundations and site utilities are 90% complete, marking a significant milestone toward the completion of another Kolter Urban development under the Ritz-Carlton brand. Moss Construction most recently worked alongside Kolter Urban to deliver The Ritz-Carlton Residences, Sarasota, in 2021.

Vertical Construction Underway at South Flagler House in West Palm Beach

8:00 am on November 17, 2024 By Oscar Nunez

Vertical construction has officially begun at South Flagler House, a luxury residential development located at 1355 South Flagler Drive in West Palm Beach. The project, developed by Related Ross, marks the firm’s first luxury condominium venture in Florida. Comprising two 28-story towers—The Park Tower and The Lake Tower—South Flagler House will feature 108 two- to five-bedroom residences, including penthouses and guest suites. Designed by Robert A.M. Stern Architects (RAMSA) with interiors by Pembrooke & Ives, the development offers unparalleled waterfront views of Palm Beach Island and the Atlantic Ocean. Completion is anticipated in 2027.

Art House Condo Tower Tops Out at 42 Stories in Downtown St. Petersburg

8:00 am on November 15, 2024 By Oscar Nunez

Kolter Urban has topped off construction on Art House St. Petersburg, a 42-story residential tower at 200 Central Ave in Downtown St. Petersburg. With over 70% of units sold, the project will feature 244 luxury condominiums, including penthouses, with open floor plans and expansive terraces that provide sweeping views across St. Petersburg and Tampa Bay. Coastal Construction serves as the general contractor for the project, which is scheduled for completion in 2025.

Construction Commences on The Residences at 1428 Brickell, Miami’s First Solar-Powered Residential High-Rise

8:00 am on November 14, 2024 By Oscar Nunez

Miami-based Ytech has officially broken ground on The Residences at 1428 Brickell, a 70-story, 195-unit residential tower designed by ACPV Architects and Arquitectonica. Set to become a prominent feature of the Miami skyline, it will be the world’s first high-rise partially powered by solar energy. The building integrates photovoltaic glazing into its façade, bringing a new level of sustainability to Miami’s luxury residential market.

Construction Advances on Alba Palm Beach at 4714 North Flagler Drive in West Palm Beach

8:00 am on November 13, 2024 By Oscar Nunez

Construction continues to progress on Alba Palm Beach, a 22-story condominium development at 4714 North Flagler Drive in West Palm Beach. Designed by Spina O’Rourke + Partners with landscape architecture by Schmidt Nichols and developed by BGI Companies and Blue Road Group, the project will feature 55 luxury residences, including four multi-level townhomes with private plunge pools and direct water access. Estimated for completion by Spring 2026, Alba Palm Beach is set to redefine waterfront living in West Palm Beach.

Construction Timeline Unveiled for The Residences at Mandarin Oriental, Miami, on Brickell Key

8:00 am on November 12, 2024 By Oscar Nunez

Plans are advancing for The Residences at Mandarin Oriental, Miami, with a detailed construction timeline unveiled for the dual-tower project at the southern tip of Brickell Key. The development will feature two interconnected towers supported by a podium with parking and amenities. The South Tower, rising to 850 feet with 66 stories, will house 228 private residences, including two-to-four-bedroom units up to 4,700 square feet and two duplex penthouses spanning over 7,000 square feet each.

Developer Achieves Double Milestone on The Village at Coral Gables

8:00 am on November 11, 2024 By Oscar Nunez

MG Developer has achieved a double milestone on The Village at Coral Gables, topping off construction and reaching 60% in sales. Located at 504 Malaga Avenue, the 48-unit development—comprising townhomes, lofts, and villas—broke ground just a year ago and has since attracted interest from buyers nationwide. Inspired by the vision of Coral Gables’ founder, George Merrick, the project’s Mediterranean Revival architecture blends historic charm with modern luxury, positioning it as one of South Florida’s premier residential communities.

New Tower Crane Permits Submitted to FAA for Waldorf Astoria Hotel & Residences Supertall Site in Miami

8:00 am on November 10, 2024 By Oscar Nunez

Permits for additional tower crane heights have been filed with the Federal Aviation Administration (FAA) for the Waldorf Astoria Hotel & Residences in Downtown Miami. Located at 300 Biscayne Boulevard (alternatively addressed as 249 Northeast 3rd Street), the 100-story tower has two active Maxim cranes installed on-site, initially requested to rise to 1,255 feet above ground level (1,266 feet above sea level) but approved at heights of 955 feet above ground (966 feet above sea level). The latest permits, submitted on October 25, 2024, seek approval to extend these cranes to 1,214 and 1,225 feet (or 1,238 and 1,249 feet above sea level), allowing the construction team to continue building upwards to the tower’s final planned height of 1,049 feet.

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