Articles by Oscar Nunez

Terra And Grass River Secure $245 Million Permanent Loan For 23-Story ‘Grove Central’ Mixed-Use Development in Miami

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

Miami-based developers Terra and Grass River have secured $245 million in permanent financing for Grove Central, a newly completed mixed-use development at 2800 Southwest 27th Terrace in Miami’s Coconut Grove neighborhood. The loan, issued by JP Morgan Chase & Co., will be used to pay off the development’s existing construction loan, provided in 2021 by Apollo Global Management, and fund remaining public infrastructure improvements and upgrades to the adjacent Metrorail station. 

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Turnberry Breaks Ground On 33-Story ‘ONE Park Tower by Turnberry’ At SoLé Mia In North Miami

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

Turnberry, an Aventura-based real estate developer, has broken ground on ONE Park Tower by Turnberry. The 33-story tower, located at 2411 Laguna Circle in North Miami – within the multi-billion dollar, 184-acre master-planned community of SoLé Mia, is slated to offer 299 residences. Over 50% of the units were sold within the first 18 months of sales. The condominium complex will feature a range of amenities, including a Mater Academy charter school, a 363,000-square-foot Uhealth Medical Center, Reserve Padel Club, restaurants, retail outlets, and parks. The development is designed to embrace resort-style living, with residences overlooking a seven-acre Crystal Lagoon® set against a backdrop of natural landscapes. ONE Park Tower by Turnberry is brought to life by an award-winning team, with architecture by Arquitectonica, interior design by Meyer Davis, and gardens curated by DS Boca.

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Sterling Bay Joins Key International As Co-Developer Of 51-Story 848 Brickell In Miami’s Financial District

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

Key International, led by Diego and Inigo Ardid, has announced Sterling Bay, a national real estate development firm known for its pioneering approach to developing award-winning creative offices, as the co-development partner of 848 Brickell, a 761-foot-tall Class A creative office and retail tower proposed in Miami’s Brickell neighborhood. Sterling Bay joins Key International in developing plans for this project, which, under zoning approval by Miami-Dade County, will soar 51 stories in the heart of Miami’s bustling Financial District.

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ANF Group Celebrates Topping Out Of New Affordable Health & Living Community For Seniors In Pembroke Pines, Broward County

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

ANF Group, Inc. recently topped off construction on Douglas Garden Residences in Broward County, a 6-story affordable housing community located at 705 Southwest 88th Avenue in Pembroke Pines. This development will serve as the area’s largest affordable living community for seniors. The project is a collaboration between Miami Jewish Health (MJH), a nonprofit organization providing health care and living services for older adults, and McDowell Housing Partners, a prominent real estate investment and development firm.

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The Calta Group Commemorates Foundation Pour For 8-Story Multifamily Apartment Project ‘REVV Hollywood’

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

The Calta Group celebrated the foundation pour for their project, Revv Hollywood, on Thursday, January 18—this event marks progress in constructing the 180-unit multifamily apartment building. Designed by Borges Architects + Associates based in Miami, the eight-story building will offer a mix of studios, live-work units, and one- and two-bedroom apartments. Notable attendees included Hollywood Mayor Josh Levy, City Commissioners Traci L. Callari and Idelma Quintana, and The Calta Group project team. Construgama is the shell contractor and Polimix is supplying concrete.

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