Articles by Oscar Nunez

Developers Secure $240 Million In Construction Financing For 56-Story Casa Bella Residences By B&B Italia In Downtown Miami

8:00 am on November 23, 2023 By Oscar Nunez

Developers Related Group (Related) and partner Alta Developers have closed on $240 million in financing for Casa Bella Residences by B&B Italia (Casa Bella), a 56-story residential building that broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.

Demolition Work Progresses At 5333 Collins Avenue For The Perigon’s Future Site In Miami Beach

8:00 am on November 22, 2023 By Oscar Nunez

Demolition work continues to progress at the site of The Perigon, a 17-story luxury oceanfront condominium developed jointly by Mast Capital and Starwood Capital Group, located at 5333 Collins Avenue in Miami Beach. Designed by OMA with interior design by Tara Bernerd & Partners, the 213-foot-tall structure will offer 73 ultra-luxury residences, ranging from 2,100 to 6,700 square feet, in addition to eight private guest suites exclusively for residents. Groundbreaking for this project is expected in early 2024; Moss Construction is the general contractor.

Related Group Breaks Ground On The Ritz-Carlton Residences Tampa, Tower II

8:00 am on November 21, 2023 By Oscar Nunez

Miami-based real estate developer Related Group (Related), has broken ground on Tower II of the anticipated condominium, The Ritz-Carlton Residences, Tampa (The Residences). Located along Tampa Bay’s scenic Bayshore Drive, The Residences represents the entry of the esteemed Ritz-Carlton brand into the Bay Area. The project features architecture by Arquitectonica and interiors designed by Meyer Davis.

Lefferts Secures Approval from Design Review Board for Second North Beach Residential Project

8:00 am on November 20, 2023 By Oscar Nunez

The New York-based real estate development firm Lefferts has secured approval from Miami Beach’s Design Review Board for 72B, a 20-story luxury condominium project. Planned for 600 72nd Street, just south of Surfside, the project, tentatively named 72B, is part of the firm’s initiative to contribute to the Miami Beach neighborhood. It will feature commercial spaces on the ground floor and has been designed by Arquitectonica. Douglas Elliman Development Marketing has been assigned exclusive sales and marketing for the project.

Kolter Urban To Develop A 24-Story Residential Tower On Florida’s Paradise Coast

8:00 am on November 19, 2023 By Oscar Nunez

The Palm Beach, Florida-based real estate development and investment firm Kolter Urban has announced plans for The Island at West Bay Club, a 24-story tower located at 22050 South Tamiami Trail in Estero, Florida, within the West Bay Club community on Florida’s Paradise Coast. Designed by Garcia Stromberg Architects, this tower will feature 86 residences, each offering spectacular views of the Gulf of Mexico and West Bay Club’s championship golf course. In addition, the development will include a variety of signature resort-style amenities designed to provide world-class living within the comforts of a close-knit community. Suffolk Construction is the general contractor, and Compass Realty handles sales and marketing.

Site Plan Level III Application Filed For 12-Story Mixed-Use Building At 730 NE 4th Avenue In Fort Lauderdale

8:00 am on November 18, 2023 By Oscar Nunez

A Site Plan Level III application for a 12-story mixed-use development at 730 Northeast 4th Avenue in downtown Fort Lauderdale was officially submitted for review on November 14. The 163-foot-tall structure would include 77 multifamily residential units and 1,682 square feet of commercial space. The developing entity is 730 NE 4th Avenue LLC – an affiliate of West Long Branch, NJ-based entities Albo Group, LLC, and TRL PROPERTY USA LLC, with MODE Architects as the architect. Flynn Engineering Services, P.A., serves as the civil engineer/land planner, EcoPlan as the landscape architect, and DC Engineers as the traffic consultant.

Construction Commences On 412-Unit Rental Community ‘Siesta Lakes’ In Cape Coral, Florida

8:00 am on November 17, 2023 By Oscar Nunez

West Palm Beach-based real estate firm Shoreham Capital has broken ground on Siesta Lakes, a 412-unit Class-A rental community in Cape Coral, Florida, in partnership with Bridge Investment Group and Wynkoop Financial. The team secured a $66 million construction loan, and Curran Young Construction (CYC) has been selected as the general contractor. The project is expected to be completed by Q2 2025.

Urban Network Capital Group Breaks Ground On Visions Resort & Spa At 7007 Osceola Polk Line Road In Davenport, Florida

8:00 am on November 16, 2023 By Oscar Nunez

Visions Resort & Spa has officially broken ground, marking the start of construction on the initial phase of the $170 million mixed-use resort community. Designed by Concepto Taller de Arquitectura with interiors by CastillonVanHam and developed by Urban Network Capital Group (UNCG) in partnership with Vertical Developments, the wellness-forward master-planned community will feature luxury single-family homes and townhomes, a 180-unit condo-hotel, and 70,000 square feet of retail space. Residences are designed for short-term stays, allowing owners to rent them through the property’s exclusive hotel program.

Related Group Completes Solemar Residences At 1116 North Ocean Boulevard In Pompano Beach

8:00 am on November 15, 2023 By Oscar Nunez

Related Group announced today the completion of Solemar Residences, a boutique condominium with 105 units located at 1116 North Ocean Boulevard in Pompano Beach. This oceanfront property features architecture by Arquitectonica and interiors by Meyer Davis, marking Related’s inaugural completed condominium in the current real estate cycle with move-ins already commencing. John Moriarty & Associates served as the general contractor.

The Avenue Hotel & Residences Breaks Ground At 351 San Lorenzo Avenue In Coral Gables

8:00 am on November 14, 2023 By Oscar Nunez

The Avenue Hotel & Residences Coral Gables, a new 8-story Parisian-inspired neo-classically designed boutique condominium and hotel located across the street from the entrance to Merrick Park, has broken ground, announced Oscar Roger, President and CEO of Roger Development Group, a family-owned real estate development and management company.

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