Woodmont Industrial Partners (Woodmont), Butters Construction & Development (Butters), and PCCP LLC have officially broken ground on the first of eight buildings within the Palm Beach Park of Commerce (PBPOC). Located at 15430 Corporate Road North, this project will bring 303,364 square feet of for-lease Class A industrial space to the market by the second quarter of 2024.
In a 5-0 vote at the Miami City Commission, the lease agreement between the City and the joint venture led by Hyatt and Gencom has been unanimously approved. This decision marks a significant milestone in advancing the visionary Miami Riverbridge development, setting the stage for revitalizing Downtown Miami’s riverfront area. The approved lease agreement paves the way for collaborative efforts between Hyatt and Gencom to enhance access, promote walkability, and introduce diverse offerings to the vibrant city. With this crucial endorsement, the joint venture can now proceed with finalizing the construction plans in close partnership with the City.
Fisher Brothers, an esteemed fourth-generation real estate company renowned for its ownership, management, and operation of distinctive properties nationwide, has announced the commencement of construction for Wynhouse Miami. This mixed-use multifamily development is poised to make a lasting impact in the heart of Miami’s vibrant Wynwood neighborhood. Soaring eight stories, Wynhouse Miami will encompass 308 rental residences, offering an exceptional living experience. With approximately 26,000 square feet of ground floor retail and paseo space and expansive indoor and outdoor amenities spanning nearly 25,000 square feet, this development promises a truly immersive lifestyle.
Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, has invested substantially in Forté Luxe, an upscale boutique residential project developed by Forté Development and designed by Alfonso Jurado Architecture. Located at 12450 Crystal Cove Place on a picturesque peninsula along Jupiter’s Intracoastal Waterway, the development comprises 17 residences featuring interiors by The Decorators Unlimited, including luxurious townhomes ranging from approximately 3,500 to 5,000 square feet. The development boasts a wide range of exceptional amenities, including a resort-style swimming pool and boat slip accommodating vessels up to 60 feet, providing an unmatched lifestyle for waterfront enthusiasts. KAST Construction is the general contractor.
A new era may be dawning for the Miami International Airport as two developers are vying to build a new hotel connected to the bustling transportation hub. After more than six decades without competition, the Miami International Airport Hotel, which links to Terminal E, may soon have a companion. FDR Miami Hotel LLC and Parmco Airport Hospitality LLC are currently in the running, awaiting a decision on who will secure the 50-year lease from the county to construct a new hotel adjacent to the airport.
