Articles by Oscar Nunez

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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Iconic 62-Story Bentley Residences Set to Break Ground This Year, Unveils Partnership with Douglas Elliman Development Marketing

Anticipation is building for the forthcoming construction of Bentley Residences, a groundbreaking Bentley-branded residential tower set to grace the shores of Sunny Isles Beach. Scheduled to break ground later this year, the tower has unveiled a strategic partnership with Douglas Elliman Development Marketing, a move aimed at amplifying this opulent beachfront condominium’s sales and marketing endeavors. This dynamic collaboration, combined with Dezer Platinum Realty’s leadership as the building’s lead brokerage, has rapidly propelled Bentley Residences to the forefront of Miami’s real estate scene following its sales debut in early 2022. The ingenious auto-inspired concept, conceived by Dezer Development, has sparked substantial interest, heralding a new era in Miami’s real estate horizon. The forthcoming construction milestones, including the imminent demolition of the existing site and the eagerly awaited groundbreaking, will fortify Bentley Residences’ positioning for success.

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