Articles by Oscar Nunez

Esplanade at Aventura Expands Retail Offerings With Eight New Tenants in 2024

8:00 am on October 30, 2024 By Oscar Nunez

Esplanade at Aventura is enhancing its shopping and dining offerings by adding eight new-to-market tenants throughout 2024. Since its launch in December 2023, the modern destination in Aventura has drawn visitors with its unique blend of upscale eateries, wellness boutiques, and Class A office spaces. The newly introduced tenants span luxury retail to fitness and specialty dining, making Esplanade a vibrant addition to South Florida’s retail landscape.

Cipriani Residences Miami Completes Brickell’s Largest Foundation Pour of the Year

8:00 am on October 29, 2024 By Oscar Nunez

Developer Mast Capital has completed the largest mat foundation concrete pour in Brickell this year for Cipriani Residences Miami, marking a significant milestone in constructing the brand’s first North American ground-up residential project. The pour, spanning approximately 16 hours, involved 11,500 cubic yards of concrete and 2,500 tons of reinforcing steel, making it the largest recorded along South Miami Avenue, a primary corridor in Miami’s Brickell district. Moss Construction led the effort, coordinating over 50 team members and 750 concrete truckloads.

Aman Miami Beach Residences Gets FAA Clearance, Approved for Heights Up to 252 Feet Above Ground

8:00 am on October 28, 2024 By Oscar Nunez

OKO Group and Access Industries have secured Federal Aviation Administration (FAA) approval for the Aman Miami Beach Residences at 3425 Collins Avenue. The FAA issued two determinations, each specifying height clearances for different points of the building to ensure compliance with airspace regulations. The primary clearance permits a maximum height of 252 feet above ground level or 255 feet above mean sea level, representing the highest point of the building. The second clearance applies to the structure’s highest point, closest to the Miami International Airport (MIA) runway, with a height cap of 227 feet above ground or 230 feet above sea level. These approvals, finalized last week, are valid until late April 2026.

Construction Begins on Mosaic Palms Apartments at 7376 Lyons Road near Boynton Beach

8:00 am on October 27, 2024 By Oscar Nunez

Akel Homes has officially broken ground on Mosaic Palms, a new apartment complex west of Boynton Beach, following a $30 million construction loan secured from Seacoast Bank. The Stuart-based bank provided financing to Civic Hypoluxo Holdings, a Delray Beach-based Akel Homes subsidiary. This loan covers the 11.8-acre development site located at 7376 Lyons Road, near the southeast corner of Hypoluxo Road.

Two Downtown West Palm Beach Properties Acquired for Mixed-Use Redevelopment and Revitalization

8:00 am on October 26, 2024 By Oscar Nunez

EBC Capital, a real estate investment and development firm led by Eric Cohen, has acquired two properties in Downtown West Palm Beach for $5.6 million. The properties, located at 303 Gardenia Street and 501 S Olive Avenue, are part of EBC Capital’s plan to support the area’s revitalization, with leases already secured for tenants like men’s sportswear brand Redvanly and women’s swimwear brand Montce. The acquisition is intended to attract tenants from the wellness, hospitality, and fashion sectors.

ASPR Filed for 600-Unit Apartment Development at Pullman Miami Airport Hotel Parking Lot

8:00 am on October 25, 2024 By Oscar Nunez

London + Regional Properties submitted an Administrative Site Plan Review (ASPR) application with Miami-Dade County on October 24 to develop two eight-story mixed-use buildings on the Pullman Miami Airport hotel site at 5800 Blue Lagoon Drive. The proposal outlines plans for 600 new residential units spread across two buildings on the hotel’s existing parking lot. The 10-acre site, currently home to the 281-room hotel, was acquired by London + Regional Properties in 2019. The pre-application filing for this project was previously covered earlier this month.

Faena Unveils a New Cultural District in Miami with a Landmark Riverfront Residential Project

8:00 am on October 24, 2024 By Oscar Nunez

Faena, in partnership with Fortune International Group and KAR Properties, is expanding its renowned brand to the heart of Miami by creating the Faena District Miami River. Set at 90 Southwest 3rd Street, this multi-phase cultural district will be located within the only 14-acre private park along the Miami River. Anchored by Faena Residences Miami, this transformative development promises to elevate Miami’s skyline and redefine the area with its blend of culture, art, and luxury living.

Weeklong Foundation Pour Completed for The Ritz-Carlton Residences, Estero Bay Lagoon

8:00 am on October 23, 2024 By Oscar Nunez

London Bay Development Group has completed a significant phase in the construction of The Ritz-Carlton Residences, Estero Bay, with the completion of a weeklong foundation pour for the project’s lagoon. This process required 115 trucks, 1,460 tons of concrete, and 152,304 pounds of rebar, marking the largest ground-level pour the company has undertaken to date. The development’s one-acre lagoon will be a central feature of the project. Designed with Balinese-inspired pavilions, the lagoon will provide lounging, sunbathing, and dining areas. The 22-story dual-tower development within a 500-acre nature preserve in Bonita Springs has reached over half a billion dollars in total sales.

Sawyer’s Walk Brings New Retail Era to Miami’s Overtown, Featuring Downtown’s First Target Store and More

8:00 am on October 22, 2024 By Oscar Nunez

Sawyer’s Walk (Block 55), the largest mixed-use development in the historic community of Overtown, announces the delivery of the retail component. A brand new Target just opened, and other major retailers are set to open over the coming weeks and months, including a Burlington, Five Below, Aldi supermarket, and Ross Dress for Less, which will serve the immediate Overtown community and surrounding neighborhoods.

Plans Filed for 5-Story Condominium Development at 90 Isle of Venice Drive in Fort Lauderdale

8:00 am on October 21, 2024 By Oscar Nunez

Plans have been filed with Fort Lauderdale’s Development Review Committee (DRC) for the Adria Condominiums, a five-story, roughly 55-foot-tall residential project at 90 Isle of Venice Drive along the Rio Cervante Waterway. Designed by Adache Group Architects, with civil engineering by Craven Thompson and landscaping by EcoPlan, the development is proposed by Ninety Isle of Venice, LLC, an affiliate of Red Bank, New Jersey-based SFC Enterprises, Inc. The DRC will consider the plans on October 22.

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