Articles by Oscar Nunez

OKO Group And Cain International File FAA Permits For Another 649-Foot-Tall Tower In Edgewater, Miami

8:00 am on May 24, 2023 By Oscar Nunez

Developers are looking to further reshape Miami’s skyline with plans for another high-rise in the city’s burgeoning Edgewater neighborhood. OKO Group, the Miami-based development firm established by international real estate mogul Vladislav Doronin, and its partner, Cain International, have filed with the Federal Aviation Administration (FAA) to construct a 649-foot tower at the end of 27th Stree, near their 57-story Missoni Baia condominium tower nearing completion.

New Renderings Emerge of Hyatt And Gencom’s Planned Miami Riverbridge Development In Downtown Miami

8:00 am on May 23, 2023 By Oscar Nunez

New renderings have surfaced for Miami Riverbridge, an ambitious, three-tower mixed-use venture designed by Arquitectonica to redefine Downtown Miami at 400 Southeast 2nd Avenue. The colossal development will rise from the grounds of the existing Hyatt Regency Miami and James L. Knight Convention Center, making way for a new era in Miami’s real estate landscape. Hyatt Hotel Corporation and Gencom are the developers.

Development Plans Revealed for 20-Story Mixed-Use Tower Designed by Arquitectonica In Ojus, Miami-Dade County

8:00 am on May 22, 2023 By Oscar Nunez

Plans for a new high-rise are making waves in Ojus, Miami-Dade County, with a 20-story tower designed by Arquitectonica poised to bring an array of apartments, office space, and retail outlets. The developer, Coral Gables-based 18050 W Investments LLC, has set the gears in motion with a pre-application submitted to Miami-Dade County officials. The 0.92-acre site, located at 18050 West Dixie Highway and 2560 Northeast 181st Street near North Miami Beach, is currently occupied by two residential buildings. The developer assembled the property last year at a total cost of $4.22 million.

ArX Solutions Marks 20th Anniversary with Rebranding as ArX Creative

7:30 am on May 22, 2023 By Oscar Nunez

ArX Solutions, a renowned provider of digital visualization and marketing solutions for the real estate sector, is excitedly ushering in its 20th year in business by rebranding itself as ArX Creative. Headquartered in Miami and with branch offices in Madrid and Buenos Aires, ArX Creative prides itself on consistently challenging boundaries in architectural visualization. In honor of its 20-year milestone, the firm will launch a revamped website.

Spectrum Management Files Plans For 6-Story Development With 81 Multifamily Units And Commercial Space In Fort Lauderdale

8:00 am on May 21, 2023 By Oscar Nunez

In addition to Fort Lauderdale’s evolving real estate market, The Austin, a mixed-use multifamily development, is poised to make its mark at 1201 Northwest 6th Street. Spectrum Management, renowned for its prowess in facilities, construction management, and real estate development based in Washington, D.C., is listed as the developer and seeks approvals from Fort Lauderdale’s Development Review Committee (DRC). The 0.79-acre development site, presently vacant and comprised of four contiguous parcels of land, is located within the confines of the Home Beautiful Park subdivision, bound by Northwest 6th Court on the north, Northwest 12th Avenue on the east, and Northwest 6th Street (Sistrunk Boulevard) on the south.

Major Biscayne 79 Site Sells For $23M, Paving Way For Mixed-Use Development In Miami

8:00 am on May 20, 2023 By Oscar Nunez

Avison Young’s Florida Capital Markets Group has brokered the sale of a pivotal development opportunity at 7880 Biscayne Boulevard, Miami, known as Biscayne 79. The property, spanning an impressive 3.5 acres, was formerly occupied by the Immigration and Naturalization Service. The transaction was made under the guidance of court-appointed receiver Michael Goldberg and has garnered a selling price of $23 million.

Witkoff Group Signs Utility Deal For 700 N. Miami Avenue Site At Miami Worldcenter

8:00 am on May 19, 2023 By Oscar Nunez

Witkoff Group, the New York-based development powerhouse, is making steady strides toward transforming the former site of the Miami Arena. This prime real estate, nestled within the heart of the vibrant Miami Worldcenter, is preparing to welcome three towers spanning as many as 57 floors, marking a testament to the city’s evolving architectural landscape.

MGM Construction Group Commences Construction On Oasis Hallandale Towers

8:00 am on May 18, 2023 By Oscar Nunez

South Florida’s renowned commercial and residential firm, MGM Construction Group, has announced the commencement of construction on Phase 3 of the highly anticipated 10.8-acre Oasis Hallandale project in Hallandale Beach. The project, developed by Hallandale Oasis 2019 LLC, led by Giuseppe Iadisernia, and spearheaded by MGM as the general contractor, is set to bring a two-tower, mixed-use asset to the South Florida skyline.

Cymbal DLT Companies Secures $95 Million Financing For Waterfront Oasis Pointe Residences In Dania Beach

8:00 am on May 17, 2023 By Oscar Nunez

Cymbal DLT Companies, a Miami-based real estate development and construction firm, has secured a $95 million loan from an undisclosed senior lender and Related Fund Management. The loan is intended for Oasis Pointe Residences, a 301-unit multifamily complex designed by CES Design Group located at 150 South Bryan Road in Dania Beach, a significant part of the Cymbal DLT Collection of communities throughout South Florida.

Related And Merrimac Secure $94.2 Million To Construct The Crosby At Miami Worldcenter

8:00 am on May 16, 2023 By Oscar Nunez

The Related Group and Merrimac Ventures have successfully secured a substantial $94.2 million in funding for the vertical construction of The Crosby, which is poised to add more density to the ongoing developments at Miami Worldcenter. The residential tower is set to ascend 33 stories high and is expected to top off at around 377 feet above ground, or 390 feet above sea level, according to building permits filed with the FAA in January. The Arkansas-based Bank OZK provided the loan to DT G Block LLC, a joint venture entity affiliated with the developers. Cohen Freedman Encinosa & Associates and AVRO|KO is in charge of the architectural design and interiors of the project, respectively. The Crosby, which broke ground earlier this year, is slated to offer 450 fully furnished, ready-to-rent residences and 3,370 square feet of retail space on the ground floor.

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