Articles by Oscar Nunez

Developers Secure $83 Million Construction Loan For 25-Story Mixed-Use Project In Downtown Hollywood

Fort Lauderdale-based BTI Partners and Salt Lake City-based Bridge Investment Group have secured an $83 million construction loan from Canadian Imperial Bank of Commerce for a new 25-story mixed-use development in Downtown Hollywood’s Central Business District. The development site, acquired by the developers in 2021 for $11 million, was once home to the long-neglected and now demolished Hollywood Bread Building. Located at 1727-1745 Van Buren Street, 1700-1716 Harrison Street and 1740-1760 South Young Circle, the redevelopment of the site is an important step in the revitalization of the west end of Downtown Hollywood anchored by the 10-acre ArtsPark at Young Circle. The new development will yield 362 market-rate apartments and about 16,000 square feet of retail space, designed by Adache Group Architects and Modis Architects.

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Demolition And Tree Permits Filed For 6001 NE 2nd Avenue In The Magic City Innovation District

Permits have been filed for demolition work and tree removal at 6001 Northeast 2nd Avenue, a lengthy 6.11-acre stretch of land located within the confines of the Magic City Innovation District emerging at the borders between Little River and Little Haiti in Miami. The site is located specifically located between Northeast 2nd and 4th Avenues with Northeast 60th Street directly to the south and Northeast 61st Street is the northern most thoroughfare. Plaza Equity Partners is listed as the owner of both permit applications, who is developing the mixed-use community along with investment firms Lune Rouge and Dragon Global. Plans for this particular site include an approved multifaceted 25-story residential tower, currently dubbed Parcel 11, designed by Arquitectonica which includes 522,806 square feet of space including 349 luxury residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces.

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The Benjamin Companies Proposes Mixed-Use Development With Two 30-Story Towers For 777 SE 3rd Avenue In Downtown Fort Lauderdale

Site plans have been filed for The Benjamin, a 30-story, tw0-tower mixed-use development proposed for 777 Southeast 3rd Avenue in Downtown Fort Lauderdale. Designed by FSMY Architects + Planners for New York-Based developer The Benjamin Companies, the massive 1,170,112-square-foot superstructure would top off at approximately 341 feet and yield 542 residential units, 13,764 square feet of commercial space and 801 parking spaces. Architectural Alliance Landscape is serving as the landscape architect, Botel Thurlow Engineering is the civil engineer and Michael S. Wiener is the land use attorney. Fort Lauderdale’s Development Review Committee will consider plans for The Benjamin this upcoming Tuesday, August 23rd. 

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Interiors Revealed For Mast Capital’s Cipriani Residences Miami Designed By 1508 London

Mast Capital has unveiled the interiors of Cipriani Residences Miami, the brand’s first ground-up residences in the United States. Designed by the internationally renowned firm 1508 London in collaboration with the Cipriani family, the tower captures the spirit of the brand – recognized for its distinguished style, world-class service and four generations of history and tradition – and features a design language consistent with Cipriani’s understated elegance reminiscent of yacht design. The vision for Cipriani Residences Miami will reinvent luxury in the Brickell neighborhood, known for its high-rise buildings, walkability and enviable water and city views, and epitomize the sophisticated lifestyle that residents will enjoy at the development.

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Miami Riverbridge, The Three-Towered Redevelopment Of Downtown Miami’s Hyatt Regency, Heads To November Referendum For Approval

At the end of July, Miami’s City Commission voted 4 – 1 in favor of Miami Riverbridge, a three-towered, large-scale mixed-use mega project proposed as the redevelopment of a 4.2-acre city-owned site at 400 Southeast 2nd Avenue in the heart of Downtown Miami, where the Hyatt Regency Miami and James L. Knight Convention Center stand today.  Estimated to cost approximately $1.5 billion, the project calls for three new towers, two of 61 stories and one 95-story supertall, which would contain over 1,500 residential units, a new flagship 615-key Hyatt Regency hotel and 264 branded serviced apartments, 190,000 square feet of Class A meeting and events space, commercial and retail spaces, over 1,000 parking spaces and 50,000 square feet of open public space including a 480-foot-long rejuvenated riverwalk. Miami Riverbridge is being developed between Hyatt Hotels Corp. and Gencom under the HRM Owner LLC, and is being designed by Arquitectonica. The project’s fate is now in the hands of city voters at the next referendum on November 8.

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