Articles by Oscar Nunez

Construction Permit Application Filed For 61-Story ‘Brickell Gateway’ At 90 SW 8th Street In Brickell

8:00 am on January 16, 2024 By Oscar Nunez

A construction permit application for the 61-story Brickell Gateway, a mixed-use development located at 90 Southwest 8th Street, has been submitted to Miami-Dade County. Designed by Corwil Architects and developed through a joint venture between Gazit Horizons and Atlantic Pacific Companies, this project is among the first to advance to the construction permitting phase under Miami-Dade County’s Rapid Transit Zoning scheme. This initiative encourages higher-density construction in proximity to mass transit hubs.

UNCG And Vertical Developments Propose 27-Story Condo-Hotel At 445 NE 36th Street In Miami

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

Urban Network Capital Group (UNCG) and Vertical Development have filed plans for a condo-hotel development to be reviewed by the city’s Urban Development Review Board on January 17. The project, strategically located between Miami Design District and Edgewater, involves a 19,292-square-foot site at 445 and 455 Northeast 36th Street and extends to 3618 and 3630 Northeast. Fifth Ave. Currently occupied by four small apartment buildings, the site is conveniently positioned south of Interstate 195 along the exit ramp.

Clara Homes Closes On $7.7 Million Development Site At 2601 NW 6th Avenue In Wynwood, Miami

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

Miami-based real estate development firm Clara Homes, founded by James Curnin, has announced the closure of a $7.7 million deal for a residential development site in Miami’s Wynwood neighborhood. The site at 2601 Northwest 6th Avenue spans 17,000 square feet and is planned for a 154-residence luxury rental building dubbed Clara Wynwood. The building, designed by architect Kobi Karp, is set to include at least 40% affordable workforce housing, aligning with the Live Local Act. Jordan Karp, an independent broker, represented Clara Homes in this transaction, while the seller, men’s clothing wholesaler Austin Burke, was represented by Jeremy S. Larkin and Joseph R. Gallaher.

GCF Development Secures $133 Million Refinance Loan for Hollywood Circle At 1776 Polk Street

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

GCF Development, a national real estate development firm led by Chip Abele and Peter Jago, has successfully secured a refinancing loan of $133.5 million for Hollywood Circle, a mixed-use project approximately 1 million square feet…

Property Markets Group And MoneyShow Unveil New Plans For One Park Sarasota

8:00 am on January 12, 2024 By Oscar Nunez

Property Markets Group (PMG) and MoneyShow have recently announced new plans for One Park Sarasota, an 18-story luxury condominium development along a 53-acre bayfront park. The project aims to contribute to the city’s skyline at 333 North Tamiami Trail, at the intersection with Boulevard of the Arts in Downtown Sarasota. One Park Sarasota will house 86 residences featuring over 5,000 square feet of retail space. The development promises to offer residents panoramic views of Sarasota Bay, the cityscape, and The Bay Park. Coldwell Banker Realty has been appointed as the sales team for this project, with Chelsa Vahtomin and Robert Robinson leading the sales efforts exclusively.

Ytech Commences Demolition of Site For The Residences at 1428 Brickell

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

Miami-based real estate development firm Ytech has begun the demolition of the existing structure at 1428 Brickell Avenue, marking the first step in the development of the 70-story luxury high-rise condominium, The Residences at 1428 Brickell. Ytech, having acquired this now-vacant property in January 2017, is replacing what was once a 100,000-square-foot office space. The demolition is being conducted by John Moriarty & Associates (JMA), a renowned construction team. This pivotal step in the project, which features design by Arquitectonica, interiors by ACPV Architects, and landscaping by Arquitectonica GEO, is significant in realizing The Residences at 1428 Brickell. This development adds to Ytech’s momentum in the real estate sector following the recent approval of 75 Broadway by Miami’s Planning & Zoning department.

Whitman Family Development Unveils Plans for Mixed-Use Development Within Bal Harbour Shops Property In Miami-Dade County

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

Whitman Family Development, the family-owned company behind the creation of Bal Harbour Shops, has submitted plans for a new mixed-use development in the Village of Bal Harbour, Florida. Aimed at enhancing the 18-acre property, this project proposes the addition of attainable and market-rate residences, alongside a boutique hotel, in the commercial district. Bal Harbour Shops, currently the commercial centerpiece of the Village, hosts over 100 shops, restaurants, and entertainment venues. The development’s plan includes 600 high-end residential units, dividing them into 40% workforce housing and 60% luxury housing, as well as a 70-room upscale hotel and an additional 45,700 square feet of retail space.

Terra And Grass River Property Complete ‘Grove Central’ Mixed-Use Development At 2800 SW 27th Terrace In Coconut Grove, Miami

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

Terra and Grass River Property, deeply established development firms in Miami’s Coconut Grove neighborhood, have completed a mixed-use multimodal complex at Grove Central. Now open to residents, the transit-oriented complex includes mixed-income apartments and neighborhood retail along the Metrorail corridor at the entrance to Coconut Grove. Located at 2800 Southwest 27th Terrace, Grove Central features a 23-story residential tower with 402 units, encompassing multifamily, workforce, and co-living options, a new 1,250-space public parking garage, and approximately 170,000 square feet of neighborhood retail. This development is connected to the adjacent Coconut Grove Metrorail Station and integrates with The Underline linear park, Miami-Dade’s bus system, and the City of Miami’s trolley network.

13th Floor Investments Proposes 30-Story Mixed-Use Tower At 500 NE 3rd Avenue In Fort Lauderdale

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

A 30-story mixed-use building named Flagler Village Residences at 500 Northeast 3rd Avenue in Fort Lauderdale has been proposed for development. Designed by Corwil Architects and WSP serving as the structural engineer, along with Within Hults + Partners as the landscape architect, this project is being developed by Miami-based 13th Floor Investments. The 320-foot-tall structure is expected to yield 602,604.50 square feet of space. This includes 345 multifamily residential units, 3,645 square feet of commercial uses, and 512 structured parking spaces. The Site Plan Level II application for this project is scheduled for review by the Development Review Committee on January 9.

CREI Holdings Secures $41 Million Loan For Affordable/Workforce Housing In Miami-Dade County

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

Miami-based development firm CREI Holdings has secured a $41 million loan from Lument for the refinancing of Li’l Abner II apartments, completed in April 2023 in the city of Sweetwater. The transaction closed on December 29, 2023, and was led by Marc Suarez, a managing director at Lument.

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