Atlanta-based SJC Ventures has submitted a proposal for a grocery-anchored retail center in Doral, Florida. The retail developer, operating through affiliate Doral Marketplace LLC, filed a municipal pre-application with Miami-Dade County officials regarding the project. SJC Ventures stated that it has a 10.1-acre site at the southwest corner of Northwest 107th Avenue and Northwest 41st Street under contract from Bridge Industrial.
South Florida-based Affiliated Development and the City of West Palm Beach are joining forces to develop The Spruce, an 8-story, 270-unit apartment building featuring 2,330 square feet of retail space for a café and garage parking. The West Palm Beach City Commission recently approved a site plan review that endorses a partnership agreement between the City’s Housing & Community Development department and the locally-based developer for workforce housing incentives. As part of this collaboration, the developer will benefit from $2.5 million in grant proceeds dispersed over a three-year period, in addition to fee waivers and reductions offered by the department.
Miami’s skyline is set to gain its first supertall tower with the development of the 100-story Waldorf Astoria Hotel & Residences, following a recent agreement between the School Board of Miami Dade County and the project’s developers. According to county records, the deal, entered on December 5, 2022, and recorded on March 6, will enable the construction of the 1,049-foot supertall tower at 300 Biscayne Boulevard. The School Board had previously authorized the agreement on October 19, 2022.
South Florida’s affordable housing crisis is set to receive a much-needed boost as Miami-based Pinnacle breaks ground on the innovative Pinnacle at Tropical Pointe. This ambitious project, located in the Princeton neighborhood of unincorporated Miami-Dade County at 25155 Southwest 136th Avenue, aims to deliver 215 affordable housing units through a unique blend of public and private sector collaboration. The full-service real estate development and construction company has successfully secured $72.3 million in financing from local bonds, tax credit equity, and local subsidies.
Housing Trust Group (HTG), a leading affordable housing developer, has partnered with AM Affordable Housing, a non-profit organization founded by NBA Hall of Famer and Miami Heat icon Alonzo Mourning, to develop Princeton Grove, a $23.5 million affordable housing community. Situated at 475 Aplin Road in Crestview, Florida, Princeton Grove will be a four-story residential development featuring a variety of one- and two-bedroom apartments. Catering to seniors aged 62 and older and senior veterans of the armed services, the partnership has recently secured financing and initiated construction on the project with Bayern Construction as the general contractor.
Notifications