Articles by Oscar Nunez

FAA Permits Filed For 731-Foot-Tall Structure At 99 SW 6th Street In Brickell

Permits have been submitted to the Federal Aviation Administration for a 731-foot-tall structure at 99 Southwest 6th Street in Brickell, Miami. While specific plans for the site have not yet been disclosed to the public, this tower would stand adjacent to LOFTY Brickell, a 44-story mixed-use tower that commenced construction earlier this year. The site is bordered by the Miami River to the north and Southwest 6th Street to the south. Property records indicate ownership by 99SW7 HOLDINGS LLC, an affiliate of Newgard Development Group. This entity possesses over 2 acres of assembled sites earmarked for redevelopment featuring a range of mixed-use towers, including One Brickell Riverfront, which encompasses LOFTY Brickell and is situated at 99 Southwest 7th Street.

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Housing Trust Group Completes ‘Flagler Station’, Celebrates Grand Opening Of Affordable Apartments In Downtown West Palm Beach

Construction is complete on Flagler Station, a groundbreaking $33 million affordable apartment community at 991 Banyan Boulevard in downtown West Palm Beach, Florida. Developed by Housing Trust Group (HTG), this project is a monumental achievement, addressing the city’s pressing need for affordable housing. This public-private collaboration introduces an innovative concept of affordable living. Flagler Station comprises 94 apartments for incomes from 30 to 80 percent of the area’s median income. With rents ranging from $393 to $1,689, this community aims to accommodate diverse residents near major rail stations for seamless connectivity.

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Velvet Taco To Open Its First Florida Location In Fort Lauderdale In Early September 2023

Velvet Taco has announced the imminent opening of its inaugural Florida location in early September 2023, nestled in the heart of Fort Lauderdale. With its chef-driven, scratch-made menu showcasing distinctive recipes, Velvet Taco has garnered a dedicated following, leading to rapid expansion across six states: Texas, Oklahoma, Illinois, Tennessee, North Carolina, and Georgia. The expansion into Fort Lauderdale signifies a pivotal milestone, marking Florida as the seventh state to host its exceptional offerings, a testament to the brand’s unwavering commitment to reaching new audiences and exploring exciting culinary destinations.

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The Crosby At Miami Worldcenter Gets Permit For Vertical Construction

Miami’s Building Department has recently issued a construction permit for The Crosby, an upcoming 33-story mixed-use building located within Miami Worldcenter at 601 North Miami Avenue in downtown Miami. Designed by Cohen Freedman Encinosa & Associates Architects with interiors envisioned by AvroKO and developed by DT G Block LLC, a joint venture between Related Group and Merrimac Ventures, the 377-foot-tall structure will encompass 450 condominium units, accommodating short-term rentals, along with more than 22,000 square feet of amenities, a rooftop bar and restaurant, and 3,370 square feet of retail space. Notably, the development will omit parking facilities. Beauchamp Construction serves as the general contractor.

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Concord Summit Capital Secures $122 Million Financing For 55-Plus Rental Community, Encore at Tradition, in Port St. Lucie

Concord Summit Capital has closed $122 million in financing for a 55-plus rental community under construction in Port St. Lucie.  The package includes a $95 million construction loan from Madison Realty Capital and $27 million in mezzanine debt from an undisclosed lender for the developers of the 415-unit Encore at Tradition, located at 8500 Southwest America Walks Boulevard. The financing was arranged by Concord Summit Capital advisors David Larson, Daniel Eidson, and Keegan Burger. The project is being developed by America Walks at Port St Lucie, LLC, a partnership between

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