Articles by Oscar Nunez

Revised Plans For The Arcadian In Fort Lauderdale Seek Site Plan Amendment

8:00 am on June 25, 2024 By Oscar Nunez

A Site Plan Level II has been filed for review, seeking a Site Plan Amendment with design deviation requests to increase the building floorplate and reduce tower stepbacks for The Arcadian, an 8-story mixed-use development set on a 3.35-acre site at 640 Northwest 7th Avenue in Fort Lauderdale’s Progresso Village neighborhood. This amendment aims to add 22 additional residential units to the project, bringing the total to 502 units. The developer also requests a height bonus incentive to increase the building height to 85 feet. The Development Review Committee (DRC) is scheduled to review this proposal today.

Revised Plans for Oceanfront Redevelopment in Hollywood Adds More Residential Units Under Florida’s Live Local Act

8:00 am on June 24, 2024 By Oscar Nunez

Condra Property Group has updated its redevelopment plans for a group of oceanfront hotels, adding more residential units under Florida’s Live Local Act. The New York-based developer, led by Allen Konstam, will present the revised application to Hollywood’s Technical Advisory Committee on July 1. The project concerns 3.33 acres at 2007 and 2115 N. Ocean Drive; 309, 333, and 341 Oklahoma St.; 320 and 324 McKinley St.; 320, 322, 324, and 326 Nebraska St.; and 2012 N. Surf Road. The property, located along the city’s famed Broadwalk, currently comprises 123 hotel rooms in mostly two-story buildings, including the Neptune Hollywood Beach Hotel, Hollywood Beach Seaside, and Casa Pellegrino Boutique Hotel. The developer has the properties under contract from various owners.

Waldorf Astoria Hotel & Residences Secures Record-Breaking Construction Loan and Reaches Major Milestone in Downtown Miami

8:00 am on June 23, 2024 By Oscar Nunez

The Waldorf Astoria Hotel & Residences, a nearly 100-story luxury tower set to rise at 300 Biscayne Boulevard in Downtown Miami, has secured a historic $668 million construction loan, the largest ever for a residential condominium development in Florida. The project, developed by PMG, Greybrook, Mohari Hospitality, S2 Development, and Hilton, achieved this financing milestone with Bank OZK and Related Fund Management providing the funds.

Miami Riverbridge Gains Unanimous Approval from City of Miami Urban Development Review Board

8:00 am on June 22, 2024 By Oscar Nunez

The redevelopment plans for Downtown Miami’s Hyatt Regency site have received unanimous approval from the City of Miami Urban Development Review Board. The updated project plans for Miami Riverbridge, presented by Hyatt Hotels Corporation and Miami’s Gencom under HRM Owner, LLC, were approved without any conditions at the board hearing. Construction is expected to begin in 2026, with an anticipated opening in 2030.

Plans Submitted for Grove Village Bimini Block Project in Coconut Grove

8:00 am on June 21, 2024 By Oscar Nunez

Grove Bimini Nassau QOZB, LLC, managed by Sankesh Abbhi of Miami-based private equity firm Abbhi Capital, has submitted plans for the Grove Village Bimini Block Project to the City of Miami’s Urban Development Review Board (UDRB). The proposed project, encompassing the addresses 3410 and 3428 Hibiscus St, 3509/3521/3547/3551/3559/3575 and 3587 Thomas Avenue, and 3520/3522/3530/3560 and 3574 Grand Avenue in Miami, aims to modify the existing Major Use Special Permit (MUSP) approved by the City of Miami Commission in 2011. The UDRB is scheduled to review this submittal today.

Three-Tower Development ‘Miami Riverbridge’ in Downtown Miami Submitted for UDRB Review

8:00 am on June 20, 2024 By Oscar Nunez

Hyatt Hotels Corporation and Miami’s Gencom, under the HRM Owner, LLC, have submitted plans for Miami Riverbridge to the City of Miami’s Urban Development Review Board (UDRB). The proposed development, located at 298, 300, 330, and 400 SE 2 Avenue, aims to transform the current site of the James L. Knight Center, the Miami Convention Center, the Miami Conference Center, and the Hyatt Regency Hotel into a cohesive mixed-use complex.

Terrazul Student Housing at FIU Receives Temporary Certificate of Occupancy

8:00 am on June 19, 2024 By Oscar Nunez

Temporary Certificate of Occupancy (TCO) has been approved for Terrazul, a new student housing development for Florida International University (FIU). Developed by AARE Sunbelt, an affiliate of Adam America Real Estate, and JW Capital Management, the project is located at 700 Southwest 107th Avenue in the University City district. Coastal Construction Group served as the general contractor, and Niles Bolton Associates is the architect.

Site Acquired for 45-Story Residential Tower ‘First & Fifth’ at 49 NW 5th Street in Downtown Miami

8:00 am on June 18, 2024 By Oscar Nunez

Oak Row Equities has acquired 49 Northwest 5th Street in Downtown Miami, where it plans to develop First & Fifth, a 45-story multifamily tower. The site was purchased off-market for $38.5 million with seller financing and is located across from MiamiCentral Station, the hub for South Florida’s major train systems. The 700,000-square-foot tower is being designed by ODP Architecture & Design, drawing inspiration from Miami’s turn-of-the-century Venetian architecture while incorporating modern amenities. Colliers Executive Managing Director Mika Mattingly, Senior Associate Cecilia Estevez of the South Florida Urban Core Team, and Vincent Pastore of Pastore and Associates represented the seller in the transaction.

Duplex Residential Project ‘Casa Leroy Dobles’ Proposed For 1339 14th Terrace In Miami Beach

8:00 am on June 17, 2024 By Oscar Nunez

The Miami Beach Design Review Board has received a new filing for Casa Leroy Dobles, a duplex residential project proposed for review on July 2. Starvip, LLC, managed by Alexis Leroy, is the applicant, and MATEU Architecture is the architect. The proposed building will be a three-level duplex residence at 1339 14th Terrace in Miami Beach. This project aims to provide a modern and respectful design alternative to the typically dense residential developments in the neighborhood.

Plans Filed for Denbora Bay II and III Multifamily Residential Projects in Miami Beach

8:00 am on June 16, 2024 By Oscar Nunez

The Miami Beach Design Review Board has received filings for two new multifamily residential projects, Denbora Bay II and Denbora Bay III. Both aim to enhance the housing options in the Biscayne Point and Normandy Isles districts, respectively. These projects are being developed by affiliates of Lake Worth-based JF Developers, led by Julian Mancinelli. MUVE Architecture is listed as the architect, and Red Octopus LLC is the designer.

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