Articles by Oscar Nunez

CREI Holdings Secures $67 Million In Construction Financing For ‘ Li’l Abner III’ Affordable Housing Project In Sweetwater, FL

8:00 am on March 27, 2024 By Oscar Nunez

CREI Holdings has secured a $67 million construction loan from Centennial Bank to build an affordable workforce housing mid-rise building at 455 Northwest 114th Avenue in the City of Sweetwater, Miami-Dade County. Construction of Li’l Abner III is set to begin in the second quarter of 2024 and be completed in the second quarter of 2026. Prospective tenants can now register for future leasing opportunities.

Related Group & BH Group Unveil The Ritz-Carlton Residences, West Palm Beach

8:00 am on March 26, 2024 By Oscar Nunez

Miami-based real estate developers Related Group (Related) and BH Group have unveiled The Ritz-Carlton Residences, West Palm Beach (The Residences) at 1717 North Flagler Drive. Envisioned by an award-winning team that includes design luminaries Arquitectonica and Rockwell Group, The Residences reflect the highest expression of the brand in a boutique setting – offering a limited collection of 144 homes with breathtaking, unobstructed water views.

Housing Trust Group, AM Affordable Housing Celebrate Grand Opening Of ‘Tucker Tower’ In Perrine, Miami-Dade County

8:00 am on March 25, 2024 By Oscar Nunez

Housing Trust Group (HTG), a leading multifamily developer, and AM Affordable Housing, a nonprofit founded by NBA Hall of Famer and Miami Heat legend Alonzo Mourning, are excited to announce the completion of Tucker Tower,…

Hines, Urban Street Development Celebrate Groundbreaking Of FAT Village In Flagler Village, Fort Lauderdale

8:00 am on March 24, 2024 By Oscar Nunez

The FAT Village master plan, a collaborative effort between Hines and Urban Street Development, has broken ground, setting the stage for vertical growth within the 5.6-acre site in Fort Lauderdale. This expansive urban redevelopment aims to transform the FAT Village district with an influx of new housing, retail options, dining venues, Class AA office spaces, and entertainment facilities. The initiative, designed by Chicago-based SCB with Nebraska-based DLR Group crafting the office component, represents a significant milestone in the area’s evolution. Following the announcement of a $220 million construction loan, this groundbreaking event heralds a new chapter of investment, job creation, and community enrichment, positioning the neighborhood as a prime destination for businesses and residents.

BTI Partners Tops Off Construction On ‘The Bread Building’ At 1740 S. Young Circle In Downtown Hollywood

8:00 am on March 23, 2024 By Oscar Nunez

Fort Lauderdale-based BTI Partners has reached a significant milestone with the topping-off of The Bread Building, a 25-story apartment tower at 1740 South Young Circle in downtown Hollywood. The redevelopment of the former Hollywood Bread Building site will bring 362 luxury apartments and 16,000 square feet of retail space to the city’s vibrant heart. Modis Architects is the design architect, Adache Group Architects is the architect of record, and Bliss & Nyitray is the structural engineer Witkin Hults + Partners is the landscape architect, KEITH is the civil engineer, and JALRW Engineering Group is the MEP engineer Civic Construction is the general contractor.

North Development Secures $70 Million Construction Loan, Breaks Ground On Domus Brickell Park

8:00 am on March 22, 2024 By Oscar Nunez

North Development has begun construction on Domus Brickell Park, a new addition to Miami’s Brickell Financial District known for facilitating short-term rentals. The project, a collaborative venture between Oak Capital’s Ricardo Dunin and Peru’s Edifica led by Juan Carlos Tassara, secured a $70 million construction loan from Forman Capital and Core Capital. Designed by Zyscovich Architects with interiors by Urban Robot Associates and construction by Thornton Construction Company, Inc., the 12-story, 172-unit development at 1611 Southwest 2nd Avenue has achieved over 50% sales and is anticipated for completion next winter.

Aria Development Group, Largo, And Place Projects Announce Groundbreaking Of 2200 Brickell

8:00 am on March 21, 2024 By Oscar Nunez

Aria Development Group, Largo, and Place Projects have announced the official groundbreaking of 2200 Brickell, a luxury 5-story residential development at 2200 Brickell Avenue in the heart of Miami’s Brickell neighborhood. Designed by Revuelta Architecture International, with interiors by the award-winning team at ODA New York, this building will offer 105 condominiums and garden villas. These range from one to four bedrooms and span 1,200 to 2,100 square feet. Ortega Construction Company is the general contractor, with completion slated for 2026.

Fisher Brothers And Suffolk Construction Top Off ‘Wynhouse Miami’ At 2200 NW 1st Avenue In Wynwood

8:00 am on March 20, 2024 By Oscar Nunez

Fisher Brothers has topped off construction on Wynhouse Miami, an 8-story mixed-use development located at 2200 Northwest 1st Avenue in the heart of Miami’s Wynwood neighborhood. This construction milestone, achieved by national contractor Suffolk Construction, brings the project closer to opening its doors in Q1 2025. Designed by Nichols Architects with interiors by ID & Design International (IDDI), Wynhouse Miami will deliver 308 rental residences, approximately 26,000 square feet of ground floor retail and paseo space, and nearly 25,000 square feet of expansive indoor and outdoor amenities.

PMG Announces 34-Story ‘One Twenty Brickell Residences’ At 120 SW 8th Street In Brickell, Miami

8:00 am on March 19, 2024 By Oscar Nunez

Property Markets Group (PMG) has announced One Twenty Brickell Residences, a 34-story residential tower set to rise in the heart of Brickell, designed by internationally renowned architecture firm Sieger Suarez Architects, with interiors by Cotofana Designs. Located at 120 Southwest 8th Street, One Twenty Brickell Residences will consist of 240 fully finished and furnished residences, each delivered with a first-of-their-kind deeded office suite per residence and over 60,000 square feet of exclusive amenities. PMG Residential is leading sales for the project, which will commence the week of April 15th.

Onyx Housing Group Closes On Land For 159-Unit Multifamily ‘Regatta Point’ In Homestead, Florida

8:00 am on March 18, 2024 By Oscar Nunez

Today Onyx Housing Group, a multifaceted real estate development firm based in South Florida, announced the closing of six land parcels at 16300 Southwest 296th Street in Homestead, Florida. The 150,201 square foot, 3.45 acre-lot was asking $4.95 million and will be the future home of Regatta Point, a $46.5 million-dollar multi-family project. Current Real Estate Advisors’ Alejandro Snyder & Michael Williams represented Onyx Housing Group and Lisa Gonzalez (KW Commercial) represented the sellers, Jeffrey Jay and Ana Maria Butt. Regatta Point is the second south Miami-Dade project by Onyx partners Shadi Shomar & Gonzalo De Ramon. Shomar also leads Miami-based Arte Hospitality, a hotel firm that owns properties including Bentley Hotel South Beach at 510 Ocean Drive in Miami Beach.

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