Articles by Oscar Nunez

Riverside Wharf breaks ground today in Downtown Miami. Developed by MV Real Estate Holdings (MVREH) and Driftwood Capital, in partnership with Merrimac Ventures, the $350 million hospitality-driven complex will rise along the Miami River with two towers designed by Jon Cardello of CUBE 3 Architects. Gensler is completing the construction documents and interiors are by ICRAVE. Moss Construction is the general contractor, and completion is slated for Fall 2028.

Cain and OKO Group have secured a $630 million refinancing for 830 Brickell, a 57-story Class A office tower at the heart of Miami’s Brickell Financial District. The new financing package, led by Goldman Sachs and J.P. Morgan Chase, replaces the prior construction bridge loan from TYKO Capital provided in July 2024.

A major redevelopment has been announced for the former Orlando Sentinel property at 633 North Orange Avenue. The plan was unveiled during the December 2 State of Downtown event and outlines a $2 billion investment by Miami-based Midtown Development in partnership with London’s Heatherwick Studio. The more than 20 acre site is bounded by North Orange Avenue to the west, North Magnolia Avenue to the east, Colonial Drive to the north, and East Amelia Street to the south, and is bisected by Concord Street.

Construction crews have topped off Bay Harbor Towers, an 8-story luxury condominium development at 10141 East Bay Harbor Drive in Bay Harbor Islands. The waterfront project is being developed by PPG in partnership with its capital partner, L3C Capital Partners. Designed by internationally acclaimed architect Kobi Karp, with interiors by Interiors by Steven G. and landscape architecture by CLAD, the development will feature 44 two to four bedroom residences ranging from 1,857 to 4,902 square feet.

Art House, a 42 story condominium tower at 275 1st Avenue South in Downtown St. Petersburg, has reached a major milestone with the issuance of a Temporary Certificate of Occupancy for floors 10 through 32, allowing the first closings to begin. The project is being developed by Kolter Urban and designed by SB Architects with interiors by ID & Design International.