Articles by Oscar Nunez

The Avenue has closed on a $202 million construction financing package as the mixed-use development approaches its vertical construction phase along Fifth Avenue South in downtown Naples. Developed by APREA and JSB Capital Group and designed by Morris Adjmi Architects and MHK Architecture, the project will introduce 50 luxury residences above 75,000 square feet of boutique retail, dining, wellness, and lifestyle space. DeAngelis Diamond is serving as general contractor.

Gateway Jax has announced nearly 10,000 square feet of new retail leases at Pearl Square, the developer’s $1 billion mixed-use development spanning nine city blocks in Downtown Jacksonville’s Urban Core. The announcement marks the first wave of ground-floor tenants for Vandeveer, the district’s inaugural residential building, as the first phase of the master-planned development approaches completion.

Phase One of Upland Park has been completed at 1455 NW 121st Avenue in West Miami-Dade, marking the delivery of the first residential component of the $1 billion mixed-use transit-oriented development. Developed by Terra, the 47-acre master-planned community is designed by PPK Architects in collaboration with master plan architect Arquitectonica and urban planner Plusurbia Design. The newly completed phase introduces 578 multifamily apartments, with leasing underway and residents now moving into the community.

FRP Development Corp has acquired a 24-acre site at the intersection of Southwest 202nd Avenue and Sheridan Street in Southwest Ranches, where it plans to develop Logistics Center at Southwest Ranches, a Class A logistics development capable of accommodating more than 300,000 square feet of warehouse space. Construction is expected to begin later this year, with completion anticipated in 2028.

Construction is set to begin on the first phase of 700 North Miami Avenue in Miami Worldcenter after developer Witkoff, in partnership with Monroe Capital, secured a $302.6 million construction loan for the project. Designed by Kobi Karp Architecture, the development is planned as a three-tower residential complex on one of the district’s final large-scale undeveloped parcels. The project first appeared before the City of Miami’s Urban Development Review Board in early 2023.