Articles by Oscar Nunez

FAA Approves Tower Cranes for 41-Story Development at 520 W. Broward Blvd in Fort Lauderdale

The Federal Aviation Administration has issued permits for two tower cranes at 520 West Broward Boulevard in Fort Lauderdale, where Woodfield Investments plans to build a 41-story tower. The permits, issued on August 7 and expire on February 7, 2026, allow the cranes to rise 507 feet and 546 feet above ground, or 511 and 550 feet above mean sea level. The development, designed by Spina O’Rourke + Partners with landscape architecture by EDSA, will feature 365 apartments, 2,500 square feet of commercial space, and a 444-space parking garage.

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Developer Lands $83M Construction Loan, Breaks Ground on ‘Parks at Hallandale’ in Hallandale Beach

Miami-based real estate development firm 13th Floor Investments has initiated construction on Parks at Hallandale, a multifamily development located at the southeast corner of Pembroke Road and Northeast 1st Avenue in Hallandale Beach, Broward County. The 15.5-acre project, occupying the sites at 106 and 2002 Pembroke Road, plus 700 and 1000 Northeast 1st Ave, will consist of 398 market-rate and workforce apartments across five-story buildings, with approximately 6,500 square feet of ground-floor retail. CIBC Bank USA provided a loan of $83 million for the project’s construction. Berkadia’s Florida team, led by Scott Wadler and Alec Fox, facilitated preferred equity from Houston-based Marble Capital. The project is expected to be completed in 2026.

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25-Story Dormitory Proposed By Palm Beach Atlantic University At 1200 S. Dixie Highway In West Palm Beach

Palm Beach Atlantic University has unveiled plans for a 25-story dormitory on its West Palm Beach campus to accommodate its expanding student body. The city’s Plans & Plats Review Committee reviewed the proposed student housing tower on August 8. Situated on a 1.71-acre site at 1200 South Dixie Highway, the new dormitory would replace the 3,852-square-foot visual arts building slated for demolition.

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Pier Sixty-Six Nears Completion, Announces Pioneering Spa Concept

Pier Sixty-Six is nearing completion and is on track for a Fall 2024 opening. Located on 32 waterfront acres along the Intracoastal Waterway in Fort Lauderdale, the redevelopment by Tavistock Development Company includes a world-class resort with 325 guestrooms and suites, 12 dining destinations, 40,000 square feet of event space, and62 condominiums. The iconic spire-topped tower, a hallmark of the property, will once again anchor the resort, which aims to redefine the area as the social harbor of Fort Lauderdale. The project’s general contractor is a joint venture between John Moriarty & Associates and Americaribe.

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