Articles by Oscar Nunez

Museum Of Ice Cream To Open Permanent Location At Miami Worldcenter In 2024

7:30 am on June 14, 2023 By Oscar Nunez

Museum of Ice Cream (MOIC), the beloved interactive ice cream-themed environment, is set to establish a permanent presence in Miami. The eagerly anticipated new location, slated to open in early 2024, will find its home at Miami Worldcenter, a vibrant development in Downtown Miami. The 14,000+ square-foot space will be thoughtfully designed by MOIC’s in-house team, incorporating AI technology to create an enchanting and immersive experience, much like its highly successful pop-up predecessors.

Grover Corlew Welcomes Now Optics To Delray Central Amidst Upcoming Mixed-Use Development

8:00 am on June 13, 2023 By Oscar Nunez

Grover Corlew, a South Florida-based real estate investment group, has announced the relocation of Now Optics to Delray Central. Now Optics, the parent company of leading affordable eyewear brands Stanton Optical and My Eyelab, has moved its headquarters to a 14,438-square-foot space at Delray Central, 1615 S. Congress Avenue. This site will also host a planned mixed-use development project, including Mayla Delray, an upscale 271-unit multifamily community with high-end lifestyle amenities.

FAA Greenlights 301-Foot-Tall Residential Tower For Civica Center Phase II In Miami

8:00 am on June 12, 2023 By Oscar Nunez

The Congress Group and Taurus Investment Holdings, LLC, Boston-based developers, have secured Federal Aviation Administration (FAA) approval for Civica Center Phase II, a 27-story residential tower set to rise at 1050 Northwest 14th Street in Miami’s Allapattah neighborhood. The 301-foot-tall structure is designed by CUBE3 Architects, with Kimley-Horn serving as the civil engineer and landscape architect.

Concord Summit Capital Closes $12 Million Loan For Downtown Miami Development Site, Paving Way For 52-Story Tower With 545 Multifamily Units

8:00 am on June 11, 2023 By Oscar Nunez

Concord Summit Capital, LLC (“Concord Summit”) has arranged a $12 million bridge loan for an infill property in Downtown Miami. Managing Director Justin Neelis and Associate Keegan Burger of Concord Summit’s Miami office sourced and advised the loan. The bridge loan is intended to refinance the existing mortgage and provide predevelopment funds for the sponsor, Bluetrich Holdings, Inc (BHI). BHI plans to utilize these funds to realize its vision for the property, a 0.55-acre parking lot acquired in 2021 for $18 million. The site at 130 Southeast 1st Street benefits from the highest density zoning allowed, presenting a significant development opportunity.

Argentina-Based Developers Plan Multifamily Project in Miami Beach, Replacing Single Family Home

8:00 am on June 10, 2023 By Oscar Nunez

The owners of a 5,650-square-foot property located at 7921 Carlyle Avenue in Miami Beach’s North Beach neighborhood have proposed demolishing a 1940s single-family home to make way for a three-story multifamily development. Denbora Bay, LLC, a Lake Worth, Florida-based company led by a group of individuals from Buenos Aires, Argentina, is identified as the applicant in a recent project filing submitted to Miami Beach’s Design Review Board. Known as the Denbora Bay project, the development encompasses 6,996 square feet of space, featuring seven residential units and four parking spaces. Red Octopus LLC, an architecture and planning firm based in Weston, FL, led by Argentine architects Yanina Mauro and Walter Rua, represents the developers in the filing, with MUVE Architecture listed as the architect.

Foundation Permit Filed For Twin 42-Story Towers At 1900 Biscayne Boulevard, The Edgewater Collective

8:00 am on June 9, 2023 By Oscar Nunez

A foundation permit application has been filed for 1900 Biscayne Boulevard, twin 42-story high rises planned for Kushner Companies and PTM Partners’ Edgewater Collective three-towered mixed-use complex named the Edgewater Collective in the Arts & Entertainment District, previously known as Omni, near Edgewater, Miami. Designed by Kobi Karp Architects, the 461-foot-tall structures will collectively yield approximately 1,401,267 square feet of space, including 872 multifamily units and ground-floor retail. Balfour Beatty Construction is the general contractor.

Trinity Investments and Credit Suisse Propose Diplomat Landing Master Plan Modifications for 350 Condo Units and 500 Room Hotel

8:00 am on June 8, 2023 By Oscar Nunez

The City of Hollywood, Florida’s Department of Development Services Division of Planning and Urban Design has released a memorandum detailing a request by HFL Landings Owner LLC, a joint venture between the Zurich-based Credit Suisse Group and Honolulu-based Trinity Investments. The proposal seeks to modify Diplomat Landing’s Planned Development Master Plan, introducing 350 condo units and 500 hotel rooms, which aligns with the City’s Comprehensive Plan.

FAA Building Permits Filed For 600 Miami Worldcenter In Downtown Miami

8:00 am on June 7, 2023 By Oscar Nunez

Building permits have been filed with the Federal Aviation Administration (FAA) for 600 Miami Worldcenter, a 32-story residential tower planned at 600 Northeast 1st Avenue in Downtown Miami. Designed by Revuelta Architecture International and developed by a joint venture partnership between Aria Development Group and Merrimac Ventures, the project is planned to yield 606 residential units in studio, one and two-bedroom floor plans, offering owners the option to list on short-term rental platforms.

Tower Crane Permits Filed For Waldorf Astoria Hotel & Residences Supertall In Downtown Miami

8:00 am on June 6, 2023 By Oscar Nunez

Tower crane permits have been filed for 300 Biscayne Boulevard, marking a significant step forward in the construction of Miami’s 100-story Waldorf Astoria Hotel & Residences. This supertall tower, designed by Sieger Suarez Architects in collaboration with Carlos Ott, is being developed by a consortium of high-profile partners. These include national developer Property Markets Group, Canadian private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton, with John Moriarty Associates as the general contractor.

E11EVEN Residences Beyond Breaks Ground Following $262M Construction Loan

8:00 am on June 5, 2023 By Oscar Nunez

Property Markets Group and E11EVEN Partners have secured a hefty $262 million construction loan and turned the first dirt on their second tower, E11EVEN Residences Beyond. This significant step forward paves the way for adding a remarkable 700-foot, 65-story skyscraper to Miami’s skyline, set to rise at 90 Northeast 11th Street in District 11 at Park West. Sieger Suarez Architects design the project, which will contain 550 residential units featuring interior design by AvroKO. John Moriarty & Associates is the general contractor.

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