Articles by Oscar Nunez

CMC Group has completed a $5 million renovation at 4000 Ponce, a nine-story Class A mixed-use office and retail development in Coral Gables’ Southern Business District. Originally developed in 2002 by Ugo Colombo’s CMC Group, the property features 150,000 square feet of office space and 32,000 square feet of ground-floor retail. The building, which houses tenants like Steinway & Sons, Coldwell Banker, and Hemisphere Media Group, is currently 92% occupied.

Pier Sixty-Six, a prominent fixture in Fort Lauderdale’s waterfront, is undergoing a transformative redevelopment spearheaded by Tavistock Development Company. Established in the 1950s as a Phillips 66 Petroleum fuel dock, the site became a landmark in the 1960s with the construction of its iconic spire tower. Now reimagined as a 32-acre luxury destination, Pier Sixty-Six blends residential, hospitality, and marina experiences in what will be a defining addition to Fort Lauderdale’s coastline.

Ytech has secured a $19.5 million predevelopment loan from Israel Discount Bank for two parcels at 41 and 75 Southwest 15th Road, dubbed 41 and 75 Broadway, in Miami’s Brickell neighborhood. The combined 0.3-acre site, situated two blocks west of Brickell Avenue and across the street from Mast Capital’s Cipriani-branded luxury condo complex, is set to become home to a new ultra-luxury condominium development.

Altman, a prominent real estate development firm, has announced the opening of Phase II of Altís Grand Lake Willis, a luxury multifamily community located at 6260 Juniper Pine Way in Orlando’s O-Town West neighborhood. The newly completed phase adds 230 one- to three-bedroom apartments to the community, offering contemporary design and spacious layouts to cater to the growing demand for upscale rental housing.

Johnston Group Capital Management, Inc., an affiliate of Palm Beach Gardens-based Johnston Group Development & Construction, has announced significant progress on HAVN Residences & Yacht Club in Palm Beach Shores. The 2.5-acre development, comprising five mid-rise buildings, is on track for completion by April 2025, with interior and exterior renovations advancing steadily.