New York-based hotel owner MCR, under the M2 Miami Airport Blue Lagoon, LLC, has unveiled plans for two new hotels adjacent to its Hilton Miami Airport Blue Lagoon. The proposal filed as a pre-application with Miami-Dade County officials concerns the 20.6-acre property at 5101 Blue Lagoon Drive, which currently hosts the 14-story, 508-room hotel developed on the waterfront site in 1983.
3rd Street Capital 203-215 Propco, LLC, an affiliate of Secaucus, New Jersey-based National Realty Investment Advisors (NRIA), has filed plans for a 48-story apartment tower with ground-floor commercial space at 203 Northeast 3rd Street in Fort Lauderdale. Proposed to rise on a 0.66-acre site comprising four vacant land parcels west of NE 3rd Avenue and east of North Andrews Avenue within the Downtown Regional Activity Center, the 520-foot-tall structure would yield 731,963 gross square feet, including 429 apartments, a 2,711-square-foot restaurant, and 432 parking spaces. FSMY Architects + Planners is the architect, and Architectural Alliance Lan dscape is the landscape architect. Fort Lauderdale’s Development Review Committee is now considering plans originally scheduled for review on May 14.
Claridge Homes, based in Ottawa, Canada, and led by Bill Malhotra, has proposed a new condominium development along the Intracoastal Waterway in Fort Lauderdale. The city’s Development Review Committee will review plans for 3000 Waterside at 3000 East Oakland Park Boulevard today. Claridge Homes 3000 Waterside, an affiliate of the Canadian developer, acquired the 2.16-acre property for $12.5 million in 2022 and later demolished an office building on the site. FSMY Architects + Planners is the architect and Barranco – RLA is the landscape architect for the project.
Related Group and Tricap have secured $141.5 million in financing for NoMad Residences Wynwood. The project, underway in Miami’s Wynwood Arts District, received a $51.5 million mezzanine loan from Related Fund Management and a $90 million senior construction loan from Kennedy Wilson. The nine-story condominium tower commenced construction in October 2023 following its September groundbreaking. Located at 2700 Northwest 2nd Avenue near the Wynwood Walls, the building is designed by Arquitectonica, with interiors by DesignAgency.
Terra and Lion Development Group have unveiled plans for Midtown 1, a 48-story residential building located at 3501 Northeast 1st Avenue in Midtown Miami. Scheduled to be reviewed by Miami’s Urban Development Review Board on May 15, this 598-foot-tall structure will offer 606,856 square feet of space, encompassing 400 condominium units, 27,658 square feet of retail space, and 498 parking spaces. The units will vary in size, ranging from 868 to 2,200 square feet, with a 14,471-square-foot penthouse atop the building. Arquitectonica is responsible for the architectural design, with interior design by Yabu Pushelberg and landscape design by Clad Landscape Architecture.
