Articles by Oscar Nunez

Foundation Permit Issued For 47-Story Residential Tower At 77 SE 5th Street In Brickell

8:00 am on June 14, 2022 By Oscar Nunez

A phased foundation permit has been issued to Miami-based real estate developer Related Group for a 47-story residential tower at 77 Southeast 5th Street in Brickell, Miami. According to a pending permit for vertical construction filed in December 2020, the plan for this development is a 478-foot-tall tower with 720,101 square feet of space including 506 multi-family rental units. The project is going by the name of One Brickell Tower II for the time being, and is designed by Arquitectonica. John Moriarty & Associates of Florida Inc. is listed as the general contractor. The permit was approved on June 2, 2022, and Related will have until November 29, 2022 to complete foundation work.

PMG And Sentral Partner Up For Dual-Tower, 1.5-Million-Square-Foot Mixed-Use Development At 130 SW 8th Street In Brickell, Miami

8:00 am on June 13, 2022 By Oscar Nunez

National investment, development, and asset management firm Property Markets Group (PMG), and Sentral, the rapidly expanding prop-tech company creating the world’s largest flexible living community, announced a partnership to develop a two-phase, 803-unit multifamily community with more than 15,000 square feet of retail space in the heart of Miami’s Brickell neighborhood. The acquisition of the site at 130 Southwest 8th Street will mark Sentral and PMG’s first partnership, as well as Sentral’s first purpose-built development as part of the brand’s national expansion. Phase one includes a 550-foot-tall, 46-story tower with 570 units and will break ground in late 2022, with completion slated in late 2024. Phase two will include a 380-foot-tall, 31-story tower with 233 units.

AIMCO Plans 3-Million-Square-Foot Development At Former Sears Site In Fort Lauderdale

8:00 am on June 12, 2022 By Oscar Nunez

Denver-based real estate developer AIMCO has acquired a 5.7-acre piece of property at 901 North Federal Highway in Flagler Village, Fort Lauderdale, the former Searstown site which once thrived as a retail anchor for the neighborhood, lasting 66 years in business. The previous owner, RK Associates, an affiliate of Sunny Isles Beach-based RK Centers led by Miami Heat co-owner Raanan Katz, sold the site for $64 million. The 155,760-square-foot retail space on-site is slated for demolition and redevelopment.

Trez Capital Funds $19.05 Million Loan For Second Phase At The Residences At Town Center In Madeira Beach

8:00 am on June 11, 2022 By Oscar Nunez

Trez Capital, a private real estate lender helping to build better communities across North America, funded a $19,050,000 construction loan for The Residences at Town Center, a 5-story boutique luxury condominium project that will rise on the Intracoastal Waterway at 400 150th Avenue in Madeira Beach. The project is the second phase of a broader plan envisioned by the developer. In 2021, Trez Capital closed a $15.61 million construction loan for the first phase, a 38-unit residential project, The Harbor at Town Center, which is 100% sold out and scheduled for delivery to buyers later this summer.

The St. Regis Residences Miami Achieves $400 Million In Sales, Developers Launch ‘The William’ Tower

8:00 am on June 10, 2022 By Oscar Nunez

Premier developers Related Group (Related) and Integra Investments (Integra), along with leading brokerage ONE Sotheby’s International Realty, have officially begun sales on ‘The William’ tower at the highly anticipated two-towered St. Regis Residences Miami in Brickell. The 183-unit high-rise will immerse buyers in unmatched service and design, with amenities hand-curated by the world-renown St. Regis team, and architecture and interiors spearheaded by Robert A.M. Stern Architects (RAMSA) and Rockwell Group, respectively.

Vertical Construction Begins For Onda Residences At 1135 103rd Street In Miami’s Bay Harbor Islands

8:00 am on June 9, 2022 By Oscar Nunez

Vertical construction is well-underway for Onda Residences, a 41-unit boutique condominium development along the waters of Biscayne Bay at 1135 103rd Street in Bay Harbor Islands. Designed by Arquitectonica with interiors by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture and Developed by a joint venture between Morabito Properties and CMC Group, the project will deliver fully finished residences ranging from two-to-four bedroom layouts spanning between 1,809 and 3,535 square feet in size, and four penthouse residences measure up to 5,073 square feet – two of which include private rooftop pool decks. The 8-story development is on track to top-off construction in December, with delivery slated for the Fall of 2023. Coastal Construction serves as the development’s general contractor.

Vibrant 5-Story Mixed-Use Building Proposed For 35 NW 27th Street In Wynwood

8:00 am on June 8, 2022 By Oscar Nunez

LRF Wynwood LLC, an affiliate of Bay Road Partners and Scott Robins Companies, filed plans for a 5-story residential and commercial at 35 Northwest 27th Street in Wynwood. Wynwood’s Design Review Committee is scheduled to review the proposal on June 13, 2022, which calls for 182,483 square feet of new construction comprising 203 residential units, over 15,000 square feet of ground-floor commercial space, 48 parking spaces and 170 bicycle spaces. The 68-foot-tall building would be certified LEED Silver, designed by Arquitectonica with ArquitectonicaGEO as the landscape architect.

Property Markets Group And YUPIX Expand Partnership To Launch New Projects In Meta-Reality

8:00 am on June 7, 2022 By Oscar Nunez

YUPIX, a powerfully immersive technology platform revolutionizing the real estate industry, announced new partnerships with nationwide developer Property Markets Group (PMG) following successful sales in their first project together, the 65-story E11EVEN Hotel & Residences…

Full Site Plans And New Renderings Revealed For Brickell Gateway At 90 SW 8th Street

8:00 am on June 6, 2022 By Oscar Nunez

New York-based Gazit Horizons, the U.S. arm of Israel-based real estate developer Gazit Globe, has filed an application for a final Administrative Site Plan Review (ASPR) for Brickell Gateway, a 61-story mixed-use, pedestrian-oriented residential and commercial building planned for 90 Southwest 8th Street in Brickell. Miami-Dade County planners received plans for the development on June 3, 2022, which calls for a 746-foot-tall tower with 933,209 square feet of space including 504 multifamily residential units, 18,287 square feet of retail space at the ground levels, and internalized parking for 348 vehicles in the lower floors. The building is designed by Coral Gables-based Corwil Architects with Witkin Hults + Partners as the landscape architect and Kimley-Horn as the civil engineer.

Plans Unveiled For Surf Row Residences At 8800 Collins Avenue In Surfside

8:00 am on June 5, 2022 By Oscar Nunez

Lineaire Group, a Miami-based real estate development and investment company, in partnership with ONE Sotheby’s International, announces Surf Row Residences, a new ultra-luxury residential development located at 8800 Collins Avenue in Surfside. Featuring a collection of eight private beach homes designed by award-winning firm Rene Gonzalez Architects (RGA), the development offers refined interiors, the utmost privacy, and unparalleled indoor-outdoor living adjacent to the beach. Only a few residences have been released and sales are currently by invitation only.

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