Housing Trust Group (HTG) has secured financing and initiated construction on Oasis at Aventura, a new $37 million affordable senior community with 95 apartments in Miami, Florida. The community is the latest joint venture between HTG and AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend Alonzo Mourning.
Forest Development and Royal Palm Companies recently celebrated the topping-off construction milestone for Nautilus 220, a new luxury mixed-use development with condominium residences in two 24-story towers, waterfront restaurants including SeaHawk Prime by Chef David Burke, retail, and office suites alongside a marina at 220 Lake Shore Drive in Lake Park, FL. The traditional topping-off ceremony was commemorated at the project site on November 3, 2023, attended by more than 550 guests, including construction workers, project partners, and elected officials.
Hospitality and real estate pioneers Rosso Development, Standard International, and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami, located at 3100 Northeast 1st Avenue. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.
A recent proposal presented to the Municipal Planning Board (MPB) aimed to revitalize the historic site at 75 South Ivanhoe Boulevard, nestled between North Magnolia Avenue, South Ivanhoe Boulevard, and Legion Place in Orlando. Guided by the City of Orlando and the acclaimed firm Beyer Blinder Belle Architects and Planners LLP, the initiative sought to establish the Holocaust Museum for Hope & Humanity, blending memorial architecture with educational impact. The MPB reviewed the proposal on October 19.
In a recent move signifying growth, the Greater Orlando Aviation Authority greenlit a contract on October 18th, laying the groundwork for the next expansion phase of the newly inaugurated Terminal C at Orlando International Airport. As per the Orlando Business Journal, the authority responsible for managing both Orlando International Airport and Orlando Executive Airport endorsed a $1.09 million contract with Ricondo & Associates. This Chicago-based aviation consultancy, with a branch in Orlando, will commence outlining the development trajectory for the terminal’s forthcoming phase. Envisioned plans suggest the potential to more than double the existing gates of the south terminal. Currently, the terminal boasts 15 gates, with an additional four in the pipeline and various facilities.
