Articles by Oscar Nunez

Two Downtown West Palm Beach Properties Acquired for Mixed-Use Redevelopment and Revitalization

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

EBC Capital, a real estate investment and development firm led by Eric Cohen, has acquired two properties in Downtown West Palm Beach for $5.6 million. The properties, located at 303 Gardenia Street and 501 S Olive Avenue, are part of EBC Capital’s plan to support the area’s revitalization, with leases already secured for tenants like men’s sportswear brand Redvanly and women’s swimwear brand Montce. The acquisition is intended to attract tenants from the wellness, hospitality, and fashion sectors.

ASPR Filed for 600-Unit Apartment Development at Pullman Miami Airport Hotel Parking Lot

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

London + Regional Properties submitted an Administrative Site Plan Review (ASPR) application with Miami-Dade County on October 24 to develop two eight-story mixed-use buildings on the Pullman Miami Airport hotel site at 5800 Blue Lagoon Drive. The proposal outlines plans for 600 new residential units spread across two buildings on the hotel’s existing parking lot. The 10-acre site, currently home to the 281-room hotel, was acquired by London + Regional Properties in 2019. The pre-application filing for this project was previously covered earlier this month.

Faena Unveils a New Cultural District in Miami with a Landmark Riverfront Residential Project

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

Faena, in partnership with Fortune International Group and KAR Properties, is expanding its renowned brand to the heart of Miami by creating the Faena District Miami River. Set at 90 Southwest 3rd Street, this multi-phase cultural district will be located within the only 14-acre private park along the Miami River. Anchored by Faena Residences Miami, this transformative development promises to elevate Miami’s skyline and redefine the area with its blend of culture, art, and luxury living.

Weeklong Foundation Pour Completed for The Ritz-Carlton Residences, Estero Bay Lagoon

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

London Bay Development Group has completed a significant phase in the construction of The Ritz-Carlton Residences, Estero Bay, with the completion of a weeklong foundation pour for the project’s lagoon. This process required 115 trucks, 1,460 tons of concrete, and 152,304 pounds of rebar, marking the largest ground-level pour the company has undertaken to date. The development’s one-acre lagoon will be a central feature of the project. Designed with Balinese-inspired pavilions, the lagoon will provide lounging, sunbathing, and dining areas. The 22-story dual-tower development within a 500-acre nature preserve in Bonita Springs has reached over half a billion dollars in total sales.

Sawyer’s Walk Brings New Retail Era to Miami’s Overtown, Featuring Downtown’s First Target Store and More

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

Sawyer’s Walk (Block 55), the largest mixed-use development in the historic community of Overtown, announces the delivery of the retail component. A brand new Target just opened, and other major retailers are set to open over the coming weeks and months, including a Burlington, Five Below, Aldi supermarket, and Ross Dress for Less, which will serve the immediate Overtown community and surrounding neighborhoods.

Plans Filed for 5-Story Condominium Development at 90 Isle of Venice Drive in Fort Lauderdale

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

Plans have been filed with Fort Lauderdale’s Development Review Committee (DRC) for the Adria Condominiums, a five-story, roughly 55-foot-tall residential project at 90 Isle of Venice Drive along the Rio Cervante Waterway. Designed by Adache Group Architects, with civil engineering by Craven Thompson and landscaping by EcoPlan, the development is proposed by Ninety Isle of Venice, LLC, an affiliate of Red Bank, New Jersey-based SFC Enterprises, Inc. The DRC will consider the plans on October 22.

$75M Construction Loan Secured for 201-Room Hotel in West Palm Beach’s NORA District

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

BD Hotels has secured a $75 million construction loan to develop a 201-room hotel, the Nora Hotel, in the emerging NORA District of West Palm Beach. Metropolitan Commercial Bank provided the loan, which JLL’s Steven Klein and Mark Fisher arranged for financing. BD Hotels is working with NORA District master developers NDT Development, Place Projects, and Wheelock Street Capital.

303,364-Square-Foot Industrial Facility Completed at Palm Beach Park of Commerce in Jupiter

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

Woodmont Industrial Partners, Butters Construction & Development, and PCCP, LLC have completed a 303,364-square-foot industrial facility at 15430 Corporate Road North in Jupiter, within the Palm Beach Park of Commerce (PBPOC). This marks the first of eight planned buildings in the larger PBPOC development, where the three companies are collaborating to deliver over 2 million square feet of industrial real estate.

JEM Sky Villas with Interiors by FENDI Casa Unveiled at JEM Private Residences in Downtown Miami

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

Naftali Group has unveiled two luxury penthouses, JEM Sky Villas, with interiors designed by the renowned Italian brand FENDI Casa. Positioned at the top of the 67-story JEM Private Residences, these units showcase FENDI Casa’s signature design collections. Rising over 700 feet at 1016 Northeast 2nd Avenue in Miami Worldcenter, JEM Private Residences is designed by Arquitectonica and Rockwell Group.

Developers Hold Topping-Off Ceremony for NoMad Residences Wynwood

8:00 am on October 17, 2024 By Oscar Nunez

The NoMad Residences Wynwood, a new nine-story condominium tower located in the Wynwood Arts District, has officially topped off. Developed by Miami-based Related Group and Manhattan-based developer Tricap, the project is the first residential concept by the NoMad Hotels brand, under parent company Sydell Group. Over 80% of the building’s residences are already under contract, with completion expected in the fourth quarter of 2025.

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