Articles by Oscar Nunez

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.

Plans For Ora By Casa Tua To Go Before Miami’s Urban Development Review Board On May 17

8:00 am on May 15, 2023 By Oscar Nunez

Ora by Casa Tua, a 76-story mixed-use skyscraper planned for 1210 Brickell Avenue in the heart of Miami’s bustling Brickell financial district, is set to go before Miami’s Urban Development Review Board on May 17. Designed by Arquitectonica with interiors by m2atelier and developed by Fortune International Group, the tower is set to rise 930 feet, replacing an existing 7-story parking garage. The project would yield roughly 1.3 million square feet, including 540 residential units, 53,841 square feet of office space, 24,260 square feet of commercial space, 955 car parking spaces, and 1,980 bike parking spaces, all on the 1.06-acre site.

Habitat Group Files Plans For Smart Brickell Luxe At 267 SW 9th Street In West Brickell

8:20 am on May 14, 2023 By Oscar Nunez

Plans have been filed for Smart Brickell Luxe, a 23-story mixed-use development proposed for 267 Southwest 9th Street in Brickell. Designed by Ginard Studio with All Landscape Data Inc. as the landscape architect and AB Engineers Inc. as the civil engineer and developed by Habitat Group, the approximately 308-foot tall structure would comprise 192,808 square feet of space. The project includes 74 lodging units, 53 residential and condo-hotel units, 5,408 square feet of commercial space, 75 parking spaces, including 15 for electric vehicles, and 72 bicycle racks. Miami’s Urban Development Review Board is scheduled to review plans for the project on May 17.

CG Smile Files Plans For A 7-Story Office Building At 5591 SW 8th Street In Miami

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

Plans have been submitted to construct a 7-story office building at 5591 Southwest 8th Street in Miami. The project, spearheaded by CG Smile, a Miami-based cosmetic dentistry service provider, and designed by Modis Architects, aims…

Historic 6000-Yard Concrete Pour To Set Foundation for St. Petersburg’s Tallest Tower

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

Downtown St. Petersburg is bracing for a historic night as construction on The Residences at 400 Central, a 1.3-million-square-foot project developed by New York-based Red Apple Real Estate, enters a pivotal phase. Suffolk Construction, the project’s general contractor, is coordinating the largest-ever continuous pour of concrete for a non-governmental project in the city’s history, set to begin tonight around 9 PM. This monumental undertaking is crucial in realizing the vision of the project’s architect, Arquitectonica, which will ultimately rise 515 feet as the tallest residential condominium on Florida’s Gulf Coast.

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