Articles by Oscar Nunez

Developers Breaks Ground On 18-Acre Multifamily Development in Palm Springs, Florida

8:00 am on April 26, 2023 By Oscar Nunez

South Florida real estate development and investment firm Mast Capital has joined forces with Boston-based Rockpoint and The Spear Group to break ground on an 18-acre multifamily development in Palm Springs, FL. With $42.5 million in construction financing from Santander Bank, the project, located at 2085 S. Congress Ave., will rise on the site of the former YMCA of the Palm Beaches. The development will feature 264 upscale, garden-style apartments across 11 residential buildings.

Mark Bellissimo And NEXUS Luxury Collection Partner To Develop 600-Acre Residential Club Community In Wellington, Florida

7:30 am on April 26, 2023 By Oscar Nunez

Wellington resident and entrepreneur Mark Bellissimo has announced a partnership with NEXUS Luxury Collection, founded by Joe Lewis and his Tavistock Group, Tiger Woods, Justin Timberlake, and Ernie Els, to create The Wellington, a luxury residential club community in the heart of Wellington that celebrates the best of South Florida and equestrian sport. Through their new partnership, Wellington Lifestyle Partners (WLP), the principals will reimagine over 600 owned acres and work with the Village of Wellington (VOW) and the local community to craft a residential experience that is focused on wellness, resort living and sport while honoring and enhancing Wellington’s equestrian roots.

Town Council Unanimously Approves 2.8-Million-Square-Foot Mixed-Use Development In Davie, Florida

8:00 am on April 25, 2023 By Oscar Nunez

The Town Council of Davie, Florida, unanimously approved the largest multifamily project in its history on Wednesday, April 19. The groundbreaking development, The District in Davie, collaborates with esteemed developer El-Ad National Properties, a subsidiary of Elad Group, acclaimed architecture firm Cooper Carry, and renowned landscape architect EDSA. Located at 4801–4999 S. State Road 7, this 2.8 million-square-foot development will feature rental residential apartments and commercial spaces.

Standard International And Rosso Development Break Ground On The Standard Residences, Midtown Miami

8:00 am on April 24, 2023 By Oscar Nunez

Hospitality and real estate innovators Standard International, Rosso Development, and Midtown Development have started construction on The Standard Residences, Midtown Miami. Situated at 3100 Northeast 1st Avenue in Midtown, nestled between the Design District and Wynwood, the 12-story building is a collaboration between the internationally acclaimed architecture firm Arquitectonica, renowned interior designer Urban Robot Associates, The Standard’s award-winning in-house design team, landscape designer Naturalficial, and Civic Construction serving as the general contractor. The development boasts 228 residences and 34,000 square feet of thoughtfully curated amenity spaces.

London Bay Development Group Breaks Ground On 72-Slip Saltleaf Marina, Furthering 500-Acre Coastal Village Expansion On Estero Bay

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

London Bay Development Group, a leading Southwest Florida developer, has officially begun construction on Saltleaf Marina, an integral component of the expansive 500-acre coastal village of Saltleaf on Estero Bay. The marina, boasting 72 slips and a top-notch waterfront eatery, will become an essential amenity for Saltleaf residents and the wider community.

Exterior Work On Society Orlando Phase One Approaches The Final Stages In Downtown Orlando

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

Exterior work is approaching the final stages on the first phase of Society Orlando, a two-towered, 1.5-million-square-foot mixed-use development located at 434 North Orange Avenue in Downtown Orlando. Designed by Baker Barrios and developed by a joint venture partnership between Property Markets Group and Raven & Company, the complex will yield 704 rental apartments paired with over 100,000 square feet of amenities, 33,000 square feet of retail space and nearly 900 parking spaces within a 5-story podium. The first phase of the development will offer 484 residential units spread throughout a 28-story structure topped out at 350 feet, making it the 9th tallest building in Orlando. John Moriarty & Associates is the project’s general contractor, located on the northwest corner of the cross between North Orange Avenue and West Livingston Street.

CMC Group Breaks Ground On Vita At Grove Isle In Coconut Grove, Miami

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

Prominent Miami developer, Ugo Colombo of CMC Group, has recently broken ground on Vita at Grove Isle, a boutique condominium at 5 Grove Isle Drive on the 20-acre gated private island just off the shore of the city’s Coconut Grove neighborhood. Collaborating with global architecture and design firm CallisonRTKL, local architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Human SustainableArchitecture, the seven-story development is set to offer 65 residences featuring unobstructed panoramic bay views, exquisite detailing, and the finest materials and workmanship. The project, designed as a singular architectural structure comprising three buildings – Mare, Luce, and Sole – echoes its distinct Grove Isle setting with a graceful, curved shape inspired by the island’s natural contours while maximizing vistas of the shimmering Biscayne Bay. Set amidst verdant, native landscaping, Vita at Grove Isle is poised to deliver a boutique living experience, with construction now underway and an estimated completion timeline of 24 to 28 months.

Empira Group Acquires Brickell Development Site, Plans 26-Story Multifamily High-Rise

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

Swiss real estate investment powerhouse, Empira Group, has made headlines with its recent acquisition of the 901 Southwest 3rd Avenue development site for $21.5 million, previously referred to as Empire Brickell, in the bustling Brickell neighborhood of Miami. This marks the firm’s second foray into greater downtown Miami’s development landscape in just under a year, with the transaction successfully closing on April 17th, 2023. With construction anticipated to begin in the first quarter of 2024, Empira Group envisions a 26-story tower comprising 310 market-rate apartments alongside approximately 2,500 square feet of ground-floor retail space. The project’s completion is slated for 2026.

Housing Trust Group & AM Affordable Housing Break Ground On Affordable Senior Community in Bradenton

7:30 am on April 20, 2023 By Oscar Nunez

Housing Trust Group (HTG), a national affordable housing developer, has partnered with AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat icon Alonzo Mourning, to secure financing and initiate construction on Astoria on 9th. This new $37.4 million, 120-unit affordable housing community in Bradenton will cater to seniors aged 62 and up.

Demolition Permits Filed For 1016 Northeast 2nd Avenue At Miami Worldcenter

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

Demolition permits are now in motion for a commercial building formerly serving as the sales center for Paramount Miami Worldcenter. Situated at 1016 Northeast 2nd Avenue, also recognized as the eastern parcel of Miami Worldcenter’s Block A, the demolition project encompasses removing a 26,946-square-foot structure, initially constructed in 1958 and expanded through 1981. The 90,827-square-foot property is poised for transformation. TNG MWC LLC, an affiliate of the New York-based Naftali Group (Naftali), is listed as the applicant of record, with plans to develop a 65-story mixed-use tower on the site.

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