Articles by Oscar Nunez

Coral Rock Development Group Unveils Plans For Mixed-Use Project ‘Dulce Vida’ In Allapattah, Miami

8:00 am on July 21, 2023 By Oscar Nunez

Coral Rock Development Group, a leading real estate development company based in Coral Gables, has unveiled plans for Dulce Vida, a transformative mixed-use, mixed-income development in Miami’s Allapattah neighborhood. The project aligns with Florida’s SB 102 law, which aims to promote mixed-income developments and increase access to affordable housing. Dulce Vida will encompass 200 rental units designed to cater to a diverse range of residents. Of these units, 85 will be designated as affordable housing at 60% of the Area Median Income (AMI), 85 will be allocated for workforce housing at 100% AMI, and 30 units will be available for workforce housing at 120% AMI, providing various housing options for different income levels.

London Bay Breaks Ground On The Ritz-Carlton Residences, Estero Bay

8:00 am on July 20, 2023 By Oscar Nunez

Prominent Southwest Florida developer London Bay Development Group (London Bay) has broken ground on The Ritz-Carlton Residences, Estero Bay. This milestone signifies the commencement of residential construction for Saltleaf on Estero Bay, which comprises two 22-story towers containing 224 residences. London Bay, city officials, development partners, and friends gathered at the project’s 5,000-square-foot sales gallery at 5000 Coconut Road in Bonita Springs to celebrate the groundbreaking on July 14. Honorary guests included Bonita Springs Mayor Rick Steinmeyer and City Council members Laura Carr and Jamie Bogacz, as well as Lee County Commissioners Cecil Pendergrass and Ray Sandelli.

Lore Development Group Files Plans For 843-Foot-Tall Mixed-Use Tower ‘Summit Brickell’

8:00 am on July 19, 2023 By Oscar Nunez

Lore Development Group has filed plans for a monumental mixed-use project called Summit Brickell at 1015 Southwest 1st Avenue in Miami’s Brickell neighborhood. The 69-story tower would activate a 22,712-square-foot land parcel on the southeast corner of SW 1st Avenue and SW 10th Street, adjacent to the Brickell Metromover Station. Designed by Corwil Architects, the nearly 843-foot-tall structure would comprise 875,525 square feet of space, including 500 residential units, 2,174 square feet of ground-floor retail space, and an integrated 11-story garage with 480 parking spaces. July 17, 2023, is listed as the filing date.

YIMBY Checks In On 31-Story ‘Aer’ Under Construction At 300 West Tyler Street In Downtown Tampa

8:00 am on July 18, 2023 By Oscar Nunez

YIMBY stopped by 300 West Tyler Street to check on the construction progress of the 346-foot-tall ‘Aer’ (Arts & Entertainment Residences) in Downtown Tampa, designed by Cube3 Architects and developed by a joint venture between American Land Ventures and Gazit Horizons. The 31-story tower, which recently topped out, is located in the heart of the River Arts District, directly across from the Straz Center for the Performing Arts, bound by West Tyler Street on the north and west, West Cass Street on the south, and North Macinnes Place on the east. The project will yield 334 residential units, a parking structure lined with 13,802 square feet of ground-floor retail space, and 514 parking spaces above it. Coastal Construction is the general contractor.

Housing Trust Group Breaks Ground On New Affordable Community For Seniors In Broward County

8:00 am on July 17, 2023 By Oscar Nunez

Housing Trust Group (HTG) has closed financing and commenced construction on Hillsboro Landing, a $41 million affordable senior community in Deerfield Beach, Florida. This community is a joint venture between HTG and the Broward County Housing Authority, focused on providing stable and quality affordable housing options for low and moderate-income families and seniors. The project’s design and construction team includes ATL Architecture, Ferncore Corporation, Keith & Associates, Builders Design, and Sieger Suarez Architects.

Mast Capital Unveils Mixed-Use Redevelopment Plans for Iconic Saddlebrook Resort Property in Tampa

8:00 am on July 16, 2023 By Oscar Nunez

Mast Capital, in collaboration with Amzak Capital, has unveiled an extensive master plan to refurbish the notable Saddlebrook Resort, located in Tampa’s coveted Wesley Chapel district. The revelation arrives over a year after acquiring the 480-acre estate in March 2022, aiming to re-establish its central role in the prosperous community.

Woodmont, Butters And PCCP Break Ground In Florida’s Palm Beach Park Of Commerce

8:00 am on July 15, 2023 By Oscar Nunez

Woodmont Industrial Partners (Woodmont), Butters Construction & Development (Butters), and PCCP LLC have officially broken ground on the first of eight buildings within the Palm Beach Park of Commerce (PBPOC). Located at 15430 Corporate Road North, this project will bring 303,364 square feet of for-lease Class A industrial space to the market by the second quarter of 2024.

Miami City Commission Unanimously Approves Lease Agreement for Hyatt and Gencom’s ‘Miami Riverbridge’ Development

8:00 am on July 14, 2023 By Oscar Nunez

In a 5-0 vote at the Miami City Commission, the lease agreement between the City and the joint venture led by Hyatt and Gencom has been unanimously approved. This decision marks a significant milestone in advancing the visionary Miami Riverbridge development, setting the stage for revitalizing Downtown Miami’s riverfront area. The approved lease agreement paves the way for collaborative efforts between Hyatt and Gencom to enhance access, promote walkability, and introduce diverse offerings to the vibrant city. With this crucial endorsement, the joint venture can now proceed with finalizing the construction plans in close partnership with the City.

Construction Commences On Wynhouse Miami At 2200 Northwest 1st Avenue In Wynwood

8:00 am on July 13, 2023 By Oscar Nunez

Fisher Brothers, an esteemed fourth-generation real estate company renowned for its ownership, management, and operation of distinctive properties nationwide, has announced the commencement of construction for Wynhouse Miami. This mixed-use multifamily development is poised to make a lasting impact in the heart of Miami’s vibrant Wynwood neighborhood. Soaring eight stories, Wynhouse Miami will encompass 308 rental residences, offering an exceptional living experience. With approximately 26,000 square feet of ground floor retail and paseo space and expansive indoor and outdoor amenities spanning nearly 25,000 square feet, this development promises a truly immersive lifestyle.

Forman Capital Provides $9.3 Million Development Loan To Forté Luxe in Jupiter, Florida

8:00 am on July 12, 2023 By Oscar Nunez

Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, has invested substantially in Forté Luxe, an upscale boutique residential project developed by Forté Development and designed by Alfonso Jurado Architecture. Located at 12450 Crystal Cove Place on a picturesque peninsula along Jupiter’s Intracoastal Waterway, the development comprises 17 residences featuring interiors by The Decorators Unlimited, including luxurious townhomes ranging from approximately 3,500 to 5,000 square feet. The development boasts a wide range of exceptional amenities, including a resort-style swimming pool and boat slip accommodating vessels up to 60 feet, providing an unmatched lifestyle for waterfront enthusiasts. KAST Construction is the general contractor.

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