Cain and OKO Group have secured a $630 million refinancing for 830 Brickell, a 57-story Class A office tower at the heart of Miami’s Brickell Financial District. The new financing package, led by Goldman Sachs and J.P. Morgan Chase, replaces the prior construction bridge loan from TYKO Capital provided in July 2024.
A major redevelopment has been announced for the former Orlando Sentinel property at 633 North Orange Avenue. The plan was unveiled during the December 2 State of Downtown event and outlines a $2 billion investment by Miami-based Midtown Development in partnership with London’s Heatherwick Studio. The more than 20 acre site is bounded by North Orange Avenue to the west, North Magnolia Avenue to the east, Colonial Drive to the north, and East Amelia Street to the south, and is bisected by Concord Street.
Construction crews have topped off Bay Harbor Towers, an 8-story luxury condominium development at 10141 East Bay Harbor Drive in Bay Harbor Islands. The waterfront project is being developed by PPG in partnership with its capital partner, L3C Capital Partners. Designed by internationally acclaimed architect Kobi Karp, with interiors by Interiors by Steven G. and landscape architecture by CLAD, the development will feature 44 two to four bedroom residences ranging from 1,857 to 4,902 square feet.
Art House, a 42 story condominium tower at 275 1st Avenue South in Downtown St. Petersburg, has reached a major milestone with the issuance of a Temporary Certificate of Occupancy for floors 10 through 32, allowing the first closings to begin. The project is being developed by Kolter Urban and designed by SB Architects with interiors by ID & Design International.
The University of Miami is planning a two-building student housing complex named Gables Village that forms Phase 3 of the institution’s Housing Facilities Strategic Plan on the Coral Gables Campus. The project, designed by Arquitectonica, will replace the existing Mahoney Pearson Residential Colleges and Commons at 1201 and 1101 Stanford Drive. A Campus Master Plan Amendment, including the project, was approved by the City of Coral Gables in October 2025, and the proposal was presented to the Coral Gables Development Review Committee on November 21.
