Articles by Oscar Nunez

Applications Filed For Two 331-Foot-Tall Buildings At 203 S. Tamarind Avenue In West Palm Beach

8:00 am on January 23, 2022 By Oscar Nunez

Applications have been filed with the Federal Aviation Administration (FAA) for two 331-foot-tall buildings located at 203 South Tamarind Avenue and 150 Clearwater Drive in West Palm Beach. The filings are in relation to a 10-acre transit-oriented development known as Transit Village, which is being led by principal Michael Masonoff and developed in a joint partnership with Globe Invest Limited, the Related Group and BH Group. Approved plans for Transit Village include the development of up to 1.5 million square feet including 308,000 square feet of Class-A office space, a 300-key hotel, 24,000 square feet of retail space, 408 residential units, 12 live-work townhouses and 3,500 square feet of civic/community space. Dallas-based The Beck Group is the architect behind the most recent renderings of the project, which is expected to cost in the range of $500 million to build. The project would rise on city- and county-owned land surrounding the Tri-Rail and Amtrak West Palm Beach transit station.

FAA Approves Ytech’s 1,049-Foot Supertall Skyscraper Proposed For 1428 Brickell Avenue

8:00 am on January 22, 2022 By Oscar Nunez

The Federal Aviation Administration has approved a 1,049-foot supertall skyscraper proposed for 1428 Brickell Avenue in Brickell, Miami. Approved as of January 14, 2022, the developer behind the application is Miami-based real estate developer Ytech who was represented by Benjamin Doyle of Capitol Airspace Group. The property is elevated 9-feet above sea level, which would give rise to a 1,040-foot-tall structure, for a maximum cumulative height of 1,049-feet. The interior lot occupies approximately 20% of the city block, spanning 49,983 square feet with frontage along Brickell Avenue. The city block is bound by Southwest 14th Street on the north, Southeast 15th Street on the south and South Miami Avenue on the west.

The Allen Morris Company And Xenel International U.S.A. Announce $75 Million Residential Project In Osceola County

8:00 am on January 21, 2022 By Oscar Nunez

The Allen Morris Company, one of the largest diversified real estate firms in the Southeast, and Xenel International U.S.A. (XIUSA), a diversified company and long-term landowner based in California, announce Residences at Xentury City, a…

Mast Capital To Break Ground On 2nd Phase Of Waterline Miami River In East Little Havana, Miami

8:00 am on January 20, 2022 By Oscar Nunez

Miami-based real estate developer Mast Capital, led by founder and CEO Camilo Miguel Jr., has partnered with Boston-based global real estate investment firm AEW Capital Management to launch Phase 2 of Waterline Miami River, an 6.31-acre residential development designed by Coral Gables-based Corwil Architects and located at 1001 Northwest 7th Street in East Little Havana, Miami. The second phase will rise 8-stories and bring the full development to a combined 688 apartment units, adding in 342 rental units on the remaining 2.7-acre development site with over 400 feet of unobstructed water frontage along the Miami River. The joint venture has secured financing from Wells Fargo for the project’s construction set to begin in January 2022.

Dezer Development Announces Launch Of 12,000-Square-Foot Sales Gallery For Bentley Residences In Sunny Isles Beach

8:00 am on January 19, 2022 By Oscar Nunez

Dezer Development and Bentley Motors announce the launch of a 12,000-square-foot sales gallery for the upcoming Bentley Residences, a 749-foot-tall ultra-luxury condominium tower designed by Sieger Suarez Architects set to be constructed at 18401 Collins Avenue in Sunny Isles Beach. The first phase of the $10 million sales gallery is set to debut later this month as the developer wraps up construction, located just a short walk away from the site future tower at 18325 Collins Avenue and prepped to include a full-scale 6,000-square-foot model of a unit at Bentley residences, a theatre and a brokers’ lounge. Bentley Residences will stand 62 stories over the Sunny Isles Beach ocean front and will yield 216 luxury residences, soon to take the crown for the tallest residential building on a beachfront in the United States.

Applications Filed With The FAA For A 649-Foot-Tall Building In Edgewater, Miami

8:00 am on January 18, 2022 By Oscar Nunez

Applications have been filed with the Federal Aviation Administration (FAA) for the construction of a 649-foot-tall building at 640 Northeast 34th Street in the Beverly Point sub-division of Edgewater, Miami. Located at the very end of the street, the interior lot fronts Biscayne Bay and bound by Hamilton On The Bay to the North and Bay Park Towers Condominiums to the South. The two coordinates listed in the applications correspond to a development site currently owned by Denver-based real estate developer Aimco, who also owns Hamilton On The Bay. In their Fall 2021 Investor Presentation, the developer told investors that they completed the purchase of additional properties beside their Hamilton on the Bay apartment tower, which combined will allow for 1.1 million square feet of new construction.

Aspen Heights Partners Breaks Ground On 67-Unit Student-Oriented Residential Community in Tampa

7:30 am on January 18, 2022 By Oscar Nunez

Austin-based Aspen Heights Partners, an owner and developer of multiple lifestyle-oriented residential communities, has announced it recently broke ground on Aspen Heights Tampa, a 67-unit student-oriented residential community located at 3020 Cove Bend Drive near the northern-most city limits of Tampa. Designed by Dallas-based Merriman Anderson Architects, the project is comprised of boutique cottage-style townhome buildings, arranged in two-story row homes in clusters of 4 – 6 unit, and three-story row homes of 7 and 8 units. The project is located approximately one mile from the University of South Florida campus and close by to popular restaurants, bars and pubs in the neighboring district.

Site Plan Applications Filed For 2606 Palm Aire Drive North In Pompano Beach

8:00 am on January 17, 2022 By Oscar Nunez

Site plan applications have been filed for Palmaire, a 7-story residential building proposed to rise at 2606 Palm Aire Drive North in Pompano Beach. The interior lot is located west of Powerline Road, bound by North Palm Aire Drive on the south and Plam Aire Drive North on the north and situated adjacent to the Palm Aire Country Club. Designed by Miami-based GS Architecture with EGS2 Corp as the landscape architect for Miami-based developer Premium Development, Inc., the development is projected to yield 120,463 square feet of new construction over a 2.22-acre site, including 77,329 square feet of residential space across 99 units and 133 parking spaces.

19-Story Ocean Park Beach Residences Awaits Approval From Development Review Committee In Pompano Beach

8:00 am on January 16, 2022 By Oscar Nunez

Miami-based real estate developer Mount Vernon Property Holdings LLC, led by Tomas Sinisterra, is requesting a major site plan approval from the Development Review Committee for the construction of Ocean Park Beach Residences, a 19-story two-towered mixed-use development which would rise at 1508 North Ocean Boulevard in Pompano Beach. Located on the southwest corner of the intersection between Northeast 16th Street and North Ocean Boulevard (State Road A1A), the vacant interior lot spans 0.62 acres and sits directly west of North Ocean Park and the beachfront. The project is designed by Miami Beach-based G3aec with Pompano Beach-based KEITH as the civil engineer and would rise approximately 205-feet, or 218-feet including the elevator bulkhead. Plans for the project include the development of 28 luxury residential condominiums, approximately 3,044 square feet of ground floor commercial space and 73 parking spaces.

1,049-Foot Supertall Waldorf Astoria Hotel & Residences Sells 72% Of Inventory Prior To Construction

8:00 am on January 15, 2022 By Oscar Nunez

National developer Property Markets Group, along with partners Greybrook Realty Partners, Mohari Hospitality, S2 Development and global hospitality company Hilton have announced that the Waldorf Astoria Hotel & Residences, Florida’s upcoming first supertall skyscraper, has sold 72% of its residential inventory in just nine months. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott and featuring interiors by award-winning interior design firm BAMO, the building will rise 100 stories and 1,049 feet above Downtown Miami and Biscayne Bay as the tallest residential and hotel building south of New York City, set to become a landmark beacon for the city and an architectural wonder in Florida. Located at 300 Biscayne Boulevard, the development will mark the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami market.

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