Articles by Oscar Nunez

Alchemy ABR-Investment Partners Acquires Wynwood Development Site For 12-Story Luxury Residential Project

Alchemy-ABR Investment Partners (Alchemy) a fully integrated New York-based real estate development and investment firm, announced the acquisition of 18 NW 23rd Street in Miami’s Wynwood Arts District. The 36,079-square-foot property was purchased by Alchemy for $18,000,000 in a deal that closed on September 29, 2022. The mixed-use site will be developed into a 12-story luxury residential building with 186 units, multiple retail spaces, and a parking garage. Local architects Arquitectonica and MKDA have been commissioned to design the building with construction commencing in 2024.

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Okan Tower Gets Slight Height Reduction In New FAA Filing, Permits For Tower Cranes Filed

An October 5th filing at the Federal Aviation Administration (FAA) reveals Okan Tower, the 70-story mixed-use skyscraper planned for 555 North Miami Avenue in Downtown Miami, has gotten a slight height reduction. New building permit applications show the massive tower would rise 893 feet, or 906 feet above sea level, a decrease of 9 feet from the previously planned 902 feet and 915 feet above sea level. The tulip-inspired tower is designed by Behar Font & Partners for developer Okan Group. It will be anchored by Hilton Hotel & Residences and yield 399 residential units mixed between condos and condo-hotel units, a five-star resort-hotel with 316 rooms, 67,588 square feet of Class A office space, and nearly 3,000 square feet of retail/commercial space. Civic Construction is the project’s general contractor, located on the southeast corner of the intersection between North Miami Avenue and Northeast 6th Street.

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Related Group Proposes 45-Story ‘Las Olas Condominiums’ At 521 E. Las Olas Blvd. In Fort Lauderdale

Fort Lauderdale’s Development Review Committee will consider plans for Las Olas Condominiums, a 45-story mixed-use building proposed for 521 East Las Olas Boulevard in the Downtown corridor, adjacent to Southeast 6th Street and the South Federal Highway tunnel. Designed by Pininfarina with Cohen Freedman Encinosa & Associates Architects and developed by Miami’s condo king, the Related Group, the 531-foot-tall structure will contain 192 multifamily residential dwelling units, a 3,684-square-foot restaurant on the ground floor, and 364 parking spaces in a structured parking garage. Architectural Alliance Landscape is the landscape architect, and Botek Thurlow Engineering Inc. is the civil engineer for the project, which is expected to yield 352,551 square feet of residential space with an average of 1,836 square feet per unit.

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Fort Lauderdale’s DNA Towers Get Height Increase To 550 Feet In New FAA Building Permit Filings

The Federal Aviation Administration (FAA) received new applications for building permits to allow vertical construction for DNA Towers, a pair of mixed-use towers planned for 300 North Andrews Avenue at the border between Flagler Village and the Central Business District in Fort Lauderdale. According to the permit filings, the 40 and 45-story towers are now planned to rise 550 feet, or 555 feet above sea level, roughly 50 feet higher than the previous filing in May. Designed by Miami-based Seiger Suarez Architects with landscaping from EGS2 Corp and developed by Fort Lauderdale-based BH3 Management (BH3), the 1.4-million-square-foot development will comprise 612 residential units, roughly 60,000 square feet of experiential retail/commercial space, and a 7-story parking garage with 890 parking spaces.

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IDEA Architects’ 26-Story ‘Tal Aventura’ Condo Development Conditionally Approved In Aventura, Florida

Developers 2151 Development Group and 2020 Acquisitions received conditional use approval from the City Commission to move forward with Tal Aventura, a 26-story boutique residential tower planned for 2785 Northeast 183rd Street near Maule Lake in Aventura, Florida. Designed by Miami-based IDEA Architects, the family-focused luxury condominium development will yield 86 residential units with a majority ranging from 2,500 to 3,500 square feet plus expansive lanai and penthouse units over 6,000 square feet. Residents will have access to over 50,000 square feet of green spaces and amenities including a gym, a coffee/juice bar, a toddler playroom, a yoga studio, a splash pad, a basketball/pickleball court, and a pool.

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