Articles by Oscar Nunez

Urban Network Capital Group & Vertical Developments Secure $24.5M Construction Loan for Visions at Brickell Station

Miami-based developer Urban Network Capital Group (UNCG), in partnership with Vertical Developments, has secured a $24.5 million construction loan from Rok Lending for the Visions at Brickell Station development. This wellness-forward condo-hotel project, designed by DTI Architects with interiors by Concepto Taller de Arquitectura, is located in Miami’s Brickell neighborhood. With over 50 percent sold, this project is on track for its expected completion in 2025.

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Developers Complete Utilities Deal With Miami-Dade County For 31-Story Tower At 600 Miami Worldcenter

The 31-story 600 Miami Worldcenter (600 MWC) has reached a significant development milestone, with the developers securing a utility agreement from Miami-Dade’s Water and Sewer Department. This agreement is essential for providing services to the building, marking notable progress in this pre-construction phase of the project. Designed by Revuelta Architecture International and featuring interiors by Designagency, the development is a joint venture between Aria Development and Merrimac Ventures under the 55 NE 6TH ACQUISITION LLC. The 327-foot-tall structure is set to rise at 600 Northeast 1st Avenue, bordered by Northeast 6th Street to the south and train tracks to the north. OneWorld Properties is exclusively managing sales and marketing for the project. Miami’s Urban Development Review Board recommended approval for 600 MWC in July.

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13th Floor Homes Breaks Ground On Two Townhome Rental Communities In South Florida’s Port Saint Lucie: Villas of Torino & Tredici at Central Park

South Florida-based developer 13th Floor Homes has commenced construction on two single-family rental communities in Port Saint Lucie, Florida: Villas of Torino and Tredici at Central Park. These developments, now under construction, will contribute 346 rental townhomes to the region, addressing the increasing demand for single-family housing in South Florida.

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BGI Companies Selects Moss Construction As The Construction Management Firm For Alba Palm Beach

Miami-based real estate development firm BGI Companies has appointed Moss Construction as the construction management firm to complete Alba Palm Beach, a 22-story, 262-foot residential building at 4714 North Flagler Drive directly on the Intracoastal waterways in the emerging Northwood neighborhood of West Palm Beach. Designed by Spina O’Rourke + Partners with Schmidt Nichols as the landscape architect and developed in partnership with Blue Road, Alba Palm Beach is set to deliver a boutique collection of 55 luxury residences by 2025; units are priced from $3 million and are currently 45 percent sold.

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Newgard Development Group Acquires 1.08-Acre Development Site At 200 W. Broward Blvd. In Downtown Fort Lauderdale

Newgard Development Group recently acquired a 1.08-acre site at 200 West Broward Boulevard in downtown Fort Lauderdale from a joint venture between Aimco and Kushner Companies for $31.24 million. The site, zoned for substantial residential development, has received approvals for a 49-story building comprising 381 residential units, 8,256 square feet of commercial space, and 426 parking spaces. Updated details about future development plans are anticipated to be announced in the coming months.

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