Articles by Oscar Nunez

Citadel Leases 90,000 Square Feet Across Six Floors At 830 Brickell In Miami’s Financial District

8:00 am on August 10, 2022 By Oscar Nunez

Ken Griffin’s Citadel, a multinational hedge fund and financial services firm, signed the largest office lease to date at the under construction 830 Brickell, a 55-story Class A-Plus office tower that just recently topped off in Miami’s Brickell Financial District. The firm is taking up 90,000 square feet of space across six floors at the 724-foot-tall tower, which is designed by Adrian Smith + Gordon Gil Architecture with interiors by Iosa Ghini Associati and developed by Vlad Doronin’s OKO Group and Jonathan Goldstein’s Cain International. Construction is expected to complete later this year, anticipated to yield nearly 640,000 square feet of space. Civic Construction is managing construction with Ant Yapi.

PMG And Greybrook Officially Launch The Elser Hotel & Residences In Downtown Miami

7:30 am on August 10, 2022 By Oscar Nunez

Property Markets Group (PMG) and Greybrook Realty Partners recently hosted an unveiling event to celebrate the launch of The Elser Hotel & Residences, a 49-story new construction luxury condominium tower at 398 Northeast 5th Street. Set in the heart of Downtown Miami with unobstructed views of Biscayne Bay, guests enjoyed a live band, experiential performances and endless champagne. Remarks were given by Ryan Shear, Managing Partner of PMG, and the PMG Residential sales team, Alejandra Castillo, Christian Tupper, Daiana Quiceno, Aura Aragon and Karine Carvalho. Designed by Sieger Suarez Architects with interior architecture and design by Cotofana Designs, The Elser Hotel & Residences will deliver the only new, fully furnished and move-in-ready residences to Downtown Miami this summer. The property will allow owners to enter a short-term rental program with daily rental options through The Elser Hotel & Residences Owners Program, managed by industry-leading management company Highgate.

Shoma Group Completes Shoma Village Rental Community In Hialeah, Welcomes It’s First Residents

8:00 am on August 9, 2022 By Oscar Nunez

Miami-based developer Shoma Group completed it’s two-tower multifamily rental community at 445 Hialeah Drive in Hialeah known as Shoma Village. They began welcoming in the first residents to brand new apartments on August 1, with leasing activities managed by KW Property Management & Consulting and the property managed by Shoma MGMT. The development is comprised of two 8-story buildings with 304 residences in a mix of studios, one-, two- and three-bedrooms. 65% of units are already rented and the remaining inventory is expected to be fully leased by the end of summer. Shoma Village was designed by Kendall-based MSA Architects, and Suffolk Construction served as the general contractor along with KD Construction of Florida, LLC as the shell contractor.

New Renderings Showcase Conceptual Design For Acram Group’s Magnolia Tower In Downtown Orlando

8:00 am on August 8, 2022 By Oscar Nunez

New renderings have been unveiled for Magnolia Tower, a 20-story mixed-use highrise proposed for 924 North Magnolia Avenue in the North Quarter District of Downtown Orlando. Designed by Baker Barrios and developed by New York-based Acram Group, formerly JMC Holdings LLC, the project is planned to yield 386 residential units and nearly 35,000 square feet of retail and commercial space within a 220-foot-tall superstructure of three interconnected towers and The development would rise from a 1.67-acre site bound by Weber Street on the north and Pasadena Place on the south. The property is currently home to two office buildings and a surface level parking lot, which would be razed as part of the redevelopment. The project is estimated to cost $96.5 million.

Grover Corlew Proposes 271-Unit Mayla Delray For 1625 South Congress Avenue in Delray Beach

8:00 am on August 7, 2022 By Oscar Nunez

Boca Raton-based Grover Corlew wants to build a 271-unit residential development at 1625 South Congress Avenue in Delray Beach. Dubbed Mayla Delray, the project would be the third in the developer’s portfolio under the Mayla Residences brand and is a response to fill in a need for residential housing as demand continues to grow. The proposal calls for an 8-story structure with Class-A residential units within an existing office complex that sits south of Linton Boulevard and west of the Interstate 95 and CSX train tracks. Of the 271 units, 55 will be set aside for workforce housing, and the development would also bring a string of landscaped plaza features along South Congress Avenue, including a transit stop, that would be linked to existing and proposed buildings

Developer Seeks Shoreline Approval For 30-Story Mixed-Use Tower At 1755 Kennedy Causeway In North Bay Village

8:00 am on August 6, 2022 By Oscar Nunez

B Developments under the LGE NBV, LLC filed an application with Miami-Dade County for a shoreline review at 1755 Kennedy Causeway in North Bay Village. The developer is planning a 340-foot-tall mixed-use building designed by Arquitectonica that would stand 30 stories and directly front Biscayne Bay. Plans calls for 473,252 square feet of space including 201 residential units with 32,654 square feet of amenities, a 19,455-square-foot space for a restaurant with a waterfront terrace, a 1,860-square-foot juice bar/coffee bar on the ground floor, 52,358 square feet of office space and a parking structure incorporated into the podium with 408 parking spaces. ArquitectonicaGEO is the landscape architect with Kimley-Horn as the civil engineer.

Permits Filed For The Crosby Miami Worldcenter At 601 North Miami Avenue

8:00 am on August 5, 2022 By Oscar Nunez

New construction permits have been filed for The Crosby Miami Worldcenter, a 33-story residential building slated for the 27-acre Miami Worldcenter 10-block mixed-use complex in Park West, Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed by Related Group and Merrimac Ventures under the DT G Block LLC, the 376-foot-tall will yield 450 fully finished and furnished condominium units spread across 387,355 square feet with interiors by AvroKO, as well as 3,370 square feet of general retail space. Beauchamp Construction Co., Inc. is the general contractor for the project, which is addressed as 601 North Miami Avenue.

EDEN West Tops Out At 8501 W. McNab Road In Tamarac, Florida

8:00 am on August 4, 2022 By Oscar Nunez

Construction has topped off on EDEN West, two residential buildings located at 8501 West McNab Road in Tamarac, Florida. Designed by MSA Architects and developed by CE Tamarac LLC, a joint venture between Cypress Equity Investments and EDEN Multifamily led by developers Jay Jacobson and Jay Massirman, the 4-story structures will yield 212 garden-style multifamily units, a robust amenity offering and 360 parking spaces on 6.24-acres of land between Northwest 70th Street, North Pine Island Road and West McNab Road. ANF Group, Inc., the project’s general contractor, first broke ground in the Spring of 2021, and is expected to complete construction in Q4 of 2022.

Related Group Acquires 6-Acre Assemblage In Tampa, Plans Mixed-Use Development With 1,079 Units Along Hillsborough River

8:00 am on August 3, 2022 By Oscar Nunez

Earlier this month, Miami-based real estate developer and acclaimed condo king Related Group purchased a 6-acre assemblage west of the Hillsborough River in Tampa for just over $55 million from Hillsborough River Realty Corp. The recently acquired assemblage comprises 4 parcels of land and includes a 2.19-acre site at 102 South Parker Street, a 1.83-acre site at 101 South Parker Street, a 1.75-acre site at 108 Cedar Avenue and a .53-acre site at 110 Keller Avenue, totaling 274,428 square feet of floor area. Related plans on transforming the property into a massive mixed-use development with multiple buildings and yielding 1,079 residential units, 32,760 square feet of retail space and as many as 10 boat slips. The property sits south of Related’s Arabelle Riverwalk apartment complex and across the river from Downtown Tampa.

Miami Beach City Commission Votes In Favor Of The Gardens At Lincoln Lane

8:00 am on August 2, 2022 By Oscar Nunez

The City Commission of Miami Beach voted 5-1 in favor of The Gardens at Lincoln Lane, a low-rise mixed-use development slated for South Beach that will comprise just under 130,000 square feet of Class-A office space, 25,000 square feet of street-level retail, and more than 425 easily accessible parking spaces. The project is designed by Brandon Haw Architecture, along with West 8 Urban Design & Landscape Architecture, and includes a 6-story building on a 0.9-acre lot at 1680 Lenox Avenue, and an 8-story building nearby on a 1.1-acre lot at 1080 Lincoln Lane North in the Lincoln Road District. The Gardens at Lincoln Lane is a joint venture between Starwood Capital Group, Integra Investments and The Comras Company, and the project now moves on to the November ballot, which will seek voter approval.

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