Articles by Oscar Nunez

Mill Creek Residential Acquires 2.91-Acre Site To Expand Cornertstone Mixed-Use Development In Coral Springs

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

Mill Creek Residential, under the MCREF MFR 1 Coral Springs II LLC affiliate, has made another significant move in the vibrant South Florida real estate market, acquiring a valuable multifamily development site in Coral Springs for $13 million. The 2.91-acre parcel, nestled within the Cornerstone mixed-use development at 3310 University Drive, will pave the way for a new project. The sale was facilitated by Coral Sample LLC, led by Rod Sheldon of Predesco in Boca Raton and Arctrust Investment Manager from Clifton, New Jersey. The transaction represents a land price of $102 per square foot, reflecting the immense potential of this prime location.

Read More

40-Story Mixed-Use Tower Proposed Beside Brightline Fort Lauderdale Train Station

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

A 40-story mixed-use tower is proposed for a vacant property at 105 Northwest 3rd Avenue, adjacent to the Brightline Fort Lauderdale train station. The project, named Brightline Residences, aims to enhance the urban landscape of the area. With a height of 466 feet, the tower would encompass 609,381 square feet of space. The proposed plans include 392 residential units, comprising 240 studios/one-bedroom units and 152 two-bedroom units. Additionally, the development will feature 493 parking spaces, 5,986 square feet of commercial space, and 2,888 square feet designated for restaurants. FSMY Architects + Planners has skillfully designed the project, while Ocean Land Investments Inc, operating under BRIGHTLAND FTL OWNER, LLC, is the developer. The proposal is scheduled for review by Fort Lauderdale’s Development Review Committee on June 11. 

Read More

ANF Group Completes Construction On Madison Point Apartments In Naranja, Florida

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

Construction has reached completion at Madison Point Apartments, a 4-story mixed-use community comprising four buildings at 26021 South Dixie Highway. Designed by Palenzuela & Hevia Design Group and developed by JQ Group with ANF Group as the general contractor, this vibrant development in Naranja, Florida, offers a dynamic blend of residential and commercial spaces, providing an exciting living experience for its residents.

Read More

Centennial Bank Provides $60.7 Million Construction Loan To First Multifamily Development Within Historic 200-Acre Hialeah Park

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

Centennial Bank has announced a substantial construction financing loan of $60.7 million for Flamingo Village. This multifamily development marks a significant milestone as the first of its kind within the historic 200-acre Hialeah Park Race Track in Hialeah. Flamingo Village is a joint endeavor between the Brunetti Organization, the owner of Hialeah Park, a renowned real estate investment enterprise, and the Prestige Companies, a prominent real estate firm known for their ventures in South Florida and their instrumental role in revitalizing Miami’s Hialeah submarket.

Read More

FAA Permits Submitted For 521-Foot-Tall Tower At 2600 Biscayne Boulevard In Edgewater, Miami

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

Permits have been submitted to the Federal Aviation Administration (FAA) to construct 2600 Biscayne Boulevard, a planned 521-foot-tall mixed-use tower in Miami’s Edgewater neighborhood. The tower will be situated on the western frontage of Biscayne Boulevard, between Northeast 26th Street and Northeast 26th Terrace, also known as 246 Northeast 26th Terrace. Developed by Oak Row Equities in partnership with LNDMRK Development, the site was acquired for $35 million in 2022. Arquitectonica, an acclaimed architectural firm, is responsible for the tower’s design. The permits were filed on June 22, 2023, and are currently undergoing review by the FAA, marking a significant step in the development process.

Read More
Fetching more...