Articles by Oscar Nunez

502-Unit Renata Community Completed at Lakewood Ranch in Bradenton, Florida

8:00 am on September 15, 2024 By Oscar Nunez

Ryan Companies US, Inc. has announced the completion of Renata at Lakewood Ranch, a 502-unit multifamily community within the 33,000-acre master-planned Lakewood Ranch development in Bradenton, Florida. This milestone marks the delivery of the final building in the 15-building project, with the first residents moving in as early as February 2024. Ryan served as the project’s developer and builder, working in a joint venture with PGIM and Park Springs.

$155 Million Refinancing Secured for Society Orlando at 434 N. Orange Avenue in Downtown Orlando

8:00 am on September 14, 2024 By Oscar Nunez

Property Markets Group (PMG), alongside Raven Capital Management LLC and its operating partner, RCM Living Holdings LLC, has completed a $155 million refinancing for Society Orlando, a 27-story multifamily mixed-use development at 434 North Orange Avenue. Since its completion, the development has rapidly filled its units, with the first residents moving in March.

Residences at Six Fisher Island Breaks Ground, Expected to Complete in 2026

8:00 am on September 13, 2024 By Oscar Nunez

Related Group, along with partners Teddy Sagi, BH Group, and Wanxiang America RE Group, have officially broken ground on the Residences at Six Fisher Island, a highly anticipated residential tower within the exclusive Fisher Island community. Situated on the last development site of the 216-acre island, the project will feature just 50 bespoke residences spread across 10 stories. Coastal Construction is overseeing the build, with completion expected in 2026.

Plans Filed for Major Redevelopment of Sunset Place In South Miami with Nine Towers and Mixed-Use Components

8:00 am on September 11, 2024 By Oscar Nunez

Plans have been submitted to redevelop Sunset Place in South Miami, transforming the site into a massive mixed-use complex with nine towers. The proposed towers will rise to various heights, including two at 12 stories, two at 15 stories, one at 21 stories, one at 25 stories, and three at 33 stories.

FAA Approves 764-Foot 848 Brickell Tower Designed By Skidmore, Owings & Merrill

8:00 am on September 10, 2024 By Oscar Nunez

The Federal Aviation Administration (FAA) has officially approved the height of 848 Brickell, a 51-story Class-A office and retail development in Miami’s Brickell neighborhood. Planned by Key International in collaboration with Sterling Bay, the project has been given the green light to rise 764 feet above ground, or 775 feet above mean sea level. This approval, issued on September 5, 2024, marks a significant milestone for the development designed by Skidmore, Owings & Merrill (SOM).

Wynwood’s Whale & Star Site Eyed for Mixed-Use Redevelopment with Hotel and Condos

8:00 am on September 9, 2024 By Oscar Nunez

Plans have been submitted for potentially redeveloping the Whale & Star building in Miami’s Wynwood Arts District into a mixed-use project. The site is located at 2215-2237 Northwest 1st Place, 175 Northwest 22nd Street, and 170 Northwest 23rd Street, and spans 37,822 square feet. Currently, the property contains 27,406 square feet of commercial buildings, which would be demolished under the proposal.The city’s Wynwood Design Review Committee has approved the plans, which are now set to be reviewed by the Urban Development Review Board (UDRB).

Developers Respond to South Florida’s Affordability Crisis with Modern Workforce and Affordable Housing Projects

8:00 am on September 8, 2024 By Oscar Nunez

As South Florida’s population continues to grow, so does its affordability challenge. According to Miami Homes For All, the tri-county area currently faces a shortage of 90,181 housing units for households earning below 80 percent of the area median income, estimated at around $75,000 annually.

Developers Secure $527M Financing for St. Regis Residences Miami in South Brickell

8:00 am on September 7, 2024 By Oscar Nunez

Developers Related Group and Integra Investments have announced the closing of $527 million in financing for St. Regis Residences, Miami, a highly anticipated residential tower located on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood. The loan, provided by TYKO Capital, marks one of the largest residential construction loans in South Florida’s history.

Construction Tops Off at The Standard Residences in Midtown Miami

8:00 am on September 6, 2024 By Oscar Nunez

Construction at The Standard Residences, Midtown Miami, a 12-story pied-à-terre-style building, has reached its topping-off milestone, and window installation has progressed up to the eighth floor. The project previously secured $45.045 million in financing from Bank OZK and has announced two major food and beverage offerings: Solana by Juvia Group on the rooftop and Rosetta Bakery Café & Privato Speakeasy on the ground floor.

Vita at Grove Isle Tops Off Construction, Set for Late 2025 Completion

8:00 am on September 5, 2024 By Oscar Nunez

Grove Isle’s first new residential development in decades has reached a major milestone as CMC Group, led by developer Ugo Colombo, topped off construction of Vita at Grove Isle, a 65-unit luxury condominium. Situated on the 20-acre private island of Grove Isle, just offshore from Miami’s Coconut Grove neighborhood, the seven-story waterfront development is comprised of three interconnected buildings, forming a unified structure. Vita at Grove Isle is scheduled for completion in late 2025.

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