Articles by Oscar Nunez

Two Roads & Alpha Blue Secure $121.5M Loan For Forte Luxury Condo in West Palm Beach

8:00 am on December 1, 2021 By Oscar Nunez

Two Roads Development and Alpha Blue Ventures have landed a $121.5 million construction loan for the development of Forté, a 24-story waterfront luxury condominium tower anticipated to rise at 1309 South Flagler Drive in West Palm Beach. Designed by Bernardo Fort-Brescia of Arquitectonica, with interiors by Jean-Louis Deniot, the project is planned to yield 41 expansive luxury residences; sales have done exceptionally well with nearly 60% sold prior to commencing construction. Units will come in three-and four-bedroom floor plans ranging from 4,200 to 8,400 square feet, and a six-bedroom penthouse spanning 8,900 square feet, priced from $6.7 million to $30 million.

Demolition Begins At Bay Oaks Apartments, Site Of Ritz-Carlton Residences Tampa

8:00 am on November 30, 2021 By Oscar Nunez

Demolition work has begun at 3105 Bay Oaks Court, where the Related Group is clearing the former Bay Oaks Apartments to make way for the upcoming Ritz-Carlton Residences Tampa, a 27-story two-tower residential development + 12…

270-Unit One Riverside Is Given Conceptual Approval In Downtown Jacksonville

8:00 am on November 29, 2021 By Oscar Nunez

The Downtown Development Review Board (DDRB) in Jacksonville has recommended conceptual approval for the construction of One Riverside, an 18.84-acre mixed-use development comprised of two 7-story multi-family residential buildings with a total of 270 residential units, a 3,000-square-foot riverfront restaurant, a residential pool, a stand-alone amenity building and a 7-deck parking garage with 502 spaces. The project site is located at One Riverside Avenue in the Brooklyn neighborhood of the Downtown area, bounded to the north by Riverside Ave, to the east by the Acosta Bridge, to the south by the St. John’s River, and to the West by the Haskell property. Atlanta-based Dwell Design Studio is listed as the architect; Tribridge Residential is the developer.

Moishe Mana And Zyscovich Architects Unveil Final Design For Nikola Tesla Innovation Hub

8:00 am on November 28, 2021 By Oscar Nunez

The final design plans have been unveiled for the Nikola Tesla Innovation Hub, a 13-story office and commercial building undergoing a complete gut renovation and redesign at 155 South Miami Avenue – the northeast corner at the intersection with South 2nd Avenue in the Flagler District, Downtown Miami. Originally built in 1980, the revamp of the structure will bring 137,000 square feet of office space and 6,000 square feet of commercial space. Developed by Moishe Mana of Mana Common and designed by award-winning architecture firm Zyscovich Architects, the project is being geared towards the emerging tech industry in Miami with the hopes of attracting major technology companies and innovative startups.

Two 750-Foot-Tall Towers Are Submitted To The FAA To Rise In Sunny Isles Beach

8:00 am on November 27, 2021 By Oscar Nunez

Earlier this week, applications for a pair of 750-foot-tall structures in Sunny Isles Beach were submitted to the Federal Aviation Administration (FAA). The coordinates listed in the filings match perfectly with 18801 Collins Avenue, a development site spanning well over 200,000 square feet owned by La Playa Beach Associates LLC. The entity was formed in 2014 as a joint venture between Hallandale Beach-based Chateau Group and Miami-based Fortune International Group to redevelop the property into massive mixed-use project. The new filing calls for the construction of two high-rises structurally topping off at 739-feet and 742-feet, or 750-feet above sea level, adding these buildings in to the ranks of the tallest on a waterfront in the United States.

AMLI Residential Acquires Midtown 7 Development Site For $30.5 Million

8:00 am on November 26, 2021 By Oscar Nunez

Chicago-based AMLI Residential has acquired an 80,000-square-foot development site from real estate developer Midtown Development in Midtown Miami. Midtown Opportunities VB LLC, an affiliate of Midtown Development, sold the vacant 1.84-acre site to PPF AMLI 3001 NE 1st Avenue LLC, an entity linked to AMLI, for $30.5 million. The property is addressed as 3001 Northeast 1st Avenue, often recognized as Midtown 7, and is bounded by Gio Midtown on the north and Yard 8 Midtown on the south between Northeast 1st and East Coast Avenues with additional frontage on Northeast 30th Street.

Jaymor Group Submits Application For Two Waterfront High-Rises In Daytona Beach

7:30 am on November 26, 2021 By Oscar Nunez

Applications have been submitted to the Federal Aviation Administration for the development of the 11.3-acre Daytona Gateway Marina project, which is comprised of two mixed-use high rise buildings and a 138-slip marina at 135 East International Speedway Boulevard in Daytona Beach. The buildings would rise 415-feet and 417-feet, or 422-feet and 425-feet above sea level, and will include 550 luxury residences, a boutique hotel, retail and restaurant spaces, and space to accommodate vessels ranging from 40 to 150 feet as well as dry storage for up 250 boats. The Jaymor Group is the owner behind the applications.

AIMCO Plans For Two Luxury High Rises Along Biscayne Bay In Edgewater

8:00 am on November 25, 2021 By Oscar Nunez

Denver-based real estate developer AIMCO is planning to redevelop an assemblage of properties in Edgewater near Biscayne Bay. In their recent Fall 2021 Investor Presentation, the company 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. The assemblage is comprised of 10 plots of land approximately totaling 70,000 square feet, which may give way to two luxury residential towers well over 50 stories, and potentially addressed as 640 Northeast 34th Street.

The Standard & Rosso Development Announces The Launch Of The Standard Residences In Midtown Miami

8:00 am on November 24, 2021 By Oscar Nunez

New York City-based Standard International and Rosso Development have teamed up with real estate investment firm Midtown Development to announce the launch of The Standard Residences, a 12-story mixed-use development planned for 3100 Northeast 1st Avenue in Midtown, Miami. Designed by international architecture firm Arquitectonica with interiors by Urban Robot Associates, the project is the first of it’s kind for the hospitality brand, offering 228 fully-appointed, move-in ready residences while simultaneously allowing flexible short-rental programs with 30-day minimum stays up to 12 times per year. The structure will also include 34,000 square feet of amenities and 10,000 square feet of ground floor retail.

Refined Design Revealed For 17-Story Tower At 5333 Collins Avenue, Miami Beach

8:00 am on November 23, 2021 By Oscar Nunez

A 17-story condominium tower planned for 5333 Collins Avenue has been resubmitted to the Design Review Board of Miami Beach in response to comments made on the last review of the design proposal back in October. Designed by OMA New York with ODP Architecture & Design as the architect of record, the 213-foot-tall structure has been slightly scaled down in mass and received several refinements on the exterior. The project is being developed by 5333 Collins Acquisitions LLC, an entity owned by real estate developer Mast Capital, and is expected to yield 100 residential units, 183 parking spaces, and over 25,000 square feet of amenities.

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