Articles by Oscar Nunez

The City of Miami has approved final design plans for a $5 million improvement project at Kirk Munroe Park and Fuller Street in Coconut Grove. The initiative is being undertaken through a public-private partnership between the City of Miami and Allen Morris Co., with architectural design led by Portuondo Perotti Architects and landscape architecture by Naturalficial. The improvements will introduce new recreational facilities, pedestrian infrastructure, native landscaping, and public gathering spaces while preserving the park’s historic character. Construction is scheduled to begin in January 2027, with completion anticipated in the first quarter of 2028.

Raffles Hotels & Resorts, part of the Accor hospitality group, has announced plans for Raffles Residences Coconut Grove, a 35-unit waterfront condominium development at 2545 South Bayshore Drive in Miami’s Coconut Grove neighborhood. The project is being developed by Mast Capital and BH Group, with architecture by Brandon Haw Architecture and Cohen Freedman Encinosa as the architect of record . The development will mark the hospitality brand’s first standalone residential property, offering private residences without an accompanying hotel component.

Terra and Fortune International Group have secured a $220 million predevelopment loan from Blackstone Real Estate Debt Strategies (BREDS) for a planned oceanfront condominium development at 301 Ocean Drive in Key Biscayne, Florida. The project is planned for the 4.25-acre former Silver Sands Beach Resort property, which the developers acquired for $205 million in 2025. Touzet Studio and ODP are designing the development, which will feature tropical-modern architecture, expansive residences, and landscaped outdoor spaces.

A partnership led by Gencom and Miami-based White Bridge Capital has acquired the 34-story, 652-key InterContinental Miami at 100 Chopin Plaza in Downtown Miami. The waterfront hotel stands at the confluence of the Miami River and Biscayne Bay, immediately south of Bayfront Park and near Miami’s Central Business District and Brickell.

Developers have secured $463 million in financing for The St. Regis Residences, Sunny Isles Beach, Miami, a two-tower oceanfront condominium development under construction at 18801 Collins Avenue in Sunny Isles Beach. Fortune International Group and Château Group obtained the financing from Madison Realty Capital, with proceeds refinancing existing debt from Bank OZK while providing additional capital for continued construction of the 62-story South Tower.