Articles by Oscar Nunez

Okan Tower Prepares for Massive 1,200 Truck Concrete Foundation Pour In Downtown Miami

A team of 300 workers, operating in three shifts and utilizing 1,200 concrete trucks, is set to pour the foundation for Okan Tower, a forthcoming 70-story highrise development at 555 North Miami Avenue developed by Okan Group. Positioned to be a new landmark in Downtown Miami’s skyline, the tower is expected to reach 902 feet, making it one of the city’s tallest buildings upon completion in 2027. Okan Tower’s distinct architectural design aims to contribute a defining feature to Miami’s cityscape.

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CREI Holdings Secures $67 Million In Construction Financing For ‘ Li’l Abner III’ Affordable Housing Project In Sweetwater, FL

CREI Holdings has secured a $67 million construction loan from Centennial Bank to build an affordable workforce housing mid-rise building at 455 Northwest 114th Avenue in the City of Sweetwater, Miami-Dade County. Construction of Li’l Abner III is set to begin in the second quarter of 2024 and be completed in the second quarter of 2026. Prospective tenants can now register for future leasing opportunities.

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Related Group & BH Group Unveil The Ritz-Carlton Residences, West Palm Beach

Miami-based real estate developers Related Group (Related) and BH Group have unveiled The Ritz-Carlton Residences, West Palm Beach (The Residences) at 1717 North Flagler Drive. Envisioned by an award-winning team that includes design luminaries Arquitectonica and Rockwell Group, The Residences reflect the highest expression of the brand in a boutique setting – offering a limited collection of 144 homes with breathtaking, unobstructed water views.

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Hines, Urban Street Development Celebrate Groundbreaking Of FAT Village In Flagler Village, Fort Lauderdale

The FAT Village master plan, a collaborative effort between Hines and Urban Street Development, has broken ground, setting the stage for vertical growth within the 5.6-acre site in Fort Lauderdale. This expansive urban redevelopment aims to transform the FAT Village district with an influx of new housing, retail options, dining venues, Class AA office spaces, and entertainment facilities. The initiative, designed by Chicago-based SCB with Nebraska-based DLR Group crafting the office component, represents a significant milestone in the area’s evolution. Following the announcement of a $220 million construction loan, this groundbreaking event heralds a new chapter of investment, job creation, and community enrichment, positioning the neighborhood as a prime destination for businesses and residents.

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