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.
Construction at Okan Tower continues to move steadily upward, with the reinforced concrete superstructure now rising beyond the 28th floor, placing the tower more than 40 percent of the way to its planned 70-story height. Located at 555 North Miami Avenue in Downtown Miami, the 902-foot-tall mixed-use tower is being developed by Okan Group, with design by Behar Font & Partners.
S3 Capital has originated a $30.5 million construction loan for Origin Bay Harbor, a boutique 27-unit luxury condominium located at 9740–9760 West Bay Harbor Drive in Bay Harbor Islands. The project, developed by VDA Development, will include nine private boat slips along more than 100 feet of water frontage on the island’s northwestern shoreline.
A stretch of Northeast Miami-Dade from North Miami to Aventura is experiencing rapid transformation, emerging as one of South Florida’s most active development corridors. A wave of residential, retail, culinary, wellness, and infrastructure investment is reshaping the area into a mixed-use urban district with growing regional influence. From large-scale housing proposals and hospitality-forward condos to landmark food destinations and improved transit connections, developers and public officials alike are helping turn long-term vision into reality.
