Articles by Oscar Nunez

Coral Gables Experiences Boom In Transit-Oriented Construction Projects Near Douglas Road Metrorail Station

Miami’s Coral Gables neighborhood has been experiencing an uptick in active transit-oriented residential, office and mixed-use construction projects. Architectural designer and urban planner Aaron DeMayo recently photographed the area from above, capturing the immense amount of on-going construction and recently completed developments surrounding the Douglas Road Metrorail Station parallel to South Dixie Highway (US Highway 1) between Southwest 37th and 38th Avenues. Below are a number of relative major projects in the area varying in stages of construction, as well as a few that were recently completed.

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Mast Capital Purchases Prime 2.8-Acre Development Site In Brickell To Build Three Luxury Mixed-Use Towers

Miami-based developer Mast Capital has acquired the 2.8-acre vacant development site addressed as 1420 South Miami Avenue for $103 million from Rega Center Miami Holdings. The site is located on the southern edge of the Brickell Central Business District and represents one of the last remaining raw parcels of land available zoned for rapid transit-oriented high-density development in the area. The developer submitted site plans for a massive master-planned project yielding 2.6 million square feet across three soaring towers, including an 80-story luxury condominium tower with 400 residences, and two multifamily towers of 50 and 60 stories with a combined total of 850 luxury apartments. Mast Capital partnered with private equity real estate firm Rockpoint for the acquisition, the third joint venture between the two firms this year.

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22-Story Altura Bayshore Approved By FAA To Rise 271-Feet In Tampa

The Federal Aviation Administration has granted approvals for Altura Bayshore, a 22-story condominium tower underway at 2910 West Barcelona Street in Bayshore Gardens, Tampa. Designed by Curts Gaines Hall Jones Architects and developed by Tampa-based The Ronto Group, the superstructure is approved to rise 271-feet, or 285-feet above sea level. The property is generally located South Ysabella Street to the east and the Selmon Expressway on the west, positioned just a block away from Bayshore Boulevard and Hillsborough Bay. Naples-based Connor & Gaskins Unlimited is the general contractor; Smith & Associates Real Estate is handling sales and marketing.

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Tavistock Development Plans Three 480-Foot-Tall Towers At Pier Sixty-Six In Fort Lauderdale

Orlando-based real estate developer Tavistock Development Company has revealed preliminary plans for three conceptual luxury high rises at Pier Sixty-Six in Fort Lauderdale. Designed by renown architecture firm Arquitectonica, the towers would rise 480-feet over the marina and Stranahan River – two south of the 17th Street causeway and one west of the Pier Sixty-Six Hotel; the additional towers would yield 130 units each, with four on each floor. Tavistock purchased the Pier Sixty-Six complex at 2301 Southeast 17th Street in 2016 for a cool $165 million, and is already redeveloping the areas surrounding the hotel with 76 new condo units across two buildings, 39 waterfront villas and 12 single-family homes – expected to reach completion by 2024.

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