Articles by Oscar Nunez

On Friday, June 27, the Miami Beach City Commission granted final approval to Terra’s redevelopment plans for the historic Deauville Beach Resort site at 6701 Collins Avenue in North Beach. The vote concludes the required development agreement and land-use approvals, clearing the way for a transformative project that includes a new residential tower designed by Foster + Partners and a partial reconstruction of the hotel’s historic elements.

Plans have been submitted for a major residential development by Related Group and Macklowe Properties in North Bay Village. The proposal encompasses the properties at 7946, 8000, 8010, and 8020 East Drive and calls for the construction of two 43-story towers designed by Arquitectonica. The project is scheduled for review by the North Bay Village Planning and Zoning Board on July 2, 2025, and is being evaluated under the Special Area Plan (SAP) process, which allows for zoning flexibility in exchange for significant public benefits and a unified site plan.

Gilbane, in partnership with Palm Beach Atlantic University, has achieved financial close on a $240 million mixed-use student housing development set to rise in downtown West Palm Beach. The public-private partnership will deliver a 25-story tower at the intersection of Acacia Road and South Dixie Highway, addressing the university’s growing housing needs while contributing to the revitalization of the surrounding urban core.

Swire Properties Inc. has announced the sale of its interest in the retail and parking components of Brickell City Centre to Simon, a real estate investment trust specializing in premier shopping, dining, entertainment, and mixed-use destinations. The transaction is valued at approximately $512 million.

13th Floor Investments has unveiled plans for Link at Boca, a new transit-oriented development located at 680 West Yamato Road in Boca Raton, Florida. The project is slated to break ground this summer and will bring 340 residential units and 24,000 square feet of ground-floor retail to a site directly adjacent to the Boca Raton Tri-Rail Station.