Articles by Oscar Nunez

Newgard Group and Two Roads Development have secured $513 million in construction financing for One Brickell Riverfront, a mixed-use condominium development underway along the Miami River in the Brickell Financial District. The financing package, one of South Florida’s largest residential construction loans of the year, was structured with $370 million in senior financing from an undisclosed private lender and a $143 million mezzanine loan originated by 3650 Capital.

Construction has topped off at 600 Miami Worldcenter, a 32-story condominium tower located at 600 NE 1st Avenue within the $6 billion, 27-acre Miami Worldcenter master plan in Downtown Miami. Designed by Revuelta Architecture International and developed by Merrimac Ventures and Aria Development Group, the fully sold-out project will deliver 606 turn-key residences with no rental restrictions and is on track for completion in 2026. Beauchamp Construction serves as the general contractor.

Construction has reached the halfway mark on Okan Tower, a 70-story mixed-use supertall at 555 North Miami Avenue in Downtown Miami. Designed by Behar Font & Partners and developed by Okan Group, the 902-foot-tall skyscraper will yield a 316-key Hilton Miami Bayfront Hotel, 236 condo-hotel residences managed by Hilton Hotels & Resorts®, 163 Sky Residences, 60,000 square feet of Class A office space, and more than 80,000 square feet of lifestyle amenities. 

Construction is progressing at Sixth&Rio, an 8-story boutique condominium development at 501 SE 6th Avenue in Fort Lauderdale. Designed by FSMY Architects + Planners and developed by OceanLand Investments, the project will yield 94 residences in one- to three-bedroom layouts, including townhome residences, and four penthouses. Stiles Construction is serving as the general contractor. Completion is expected in 2026.

Advantis Station at Flagler Village is advancing construction at 333 Northeast 6th Street in Fort Lauderdale’s urban core. Designed by award-winning firm Baker Barrios Architects and developed by Midtown Capital Partners, the 12-story, two-tower mixed-use development encompasses an assemblage of seven lots totaling 1.42 acres across from Peter Feldman Park.