Articles by Oscar Nunez

Brightline Begins High-Speed Rail Service Between Orlando And Miami

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

On September 22, Brightline’s passenger rail service between Orlando and Miami officially commenced. The inaugural train, named Bright Pink, arrived in Orlando at 11:05 a.m., warmly welcomed by over 500 elected officials, business leaders, community partners, and company executives from across the state. This celebration served as an emphatic statement regarding the boldest private infrastructure project in the nation and represents the revival of Henry Flagler’s original vision for the Florida East Coast Railway. A project a decade in the making, Brightline’s launch is poised to revolutionize train travel in America, presenting a model for connecting city pairs that are too close to fly between and yet too far to drive.

Greenery Mall / Dadeland Square Acquired By Orion Capital Partners-Sponsored Dadeland Greenery, L.P.

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

The Greenery Mall, also known as Dadeland Square, a popular mixed-use landmark located at 7700 North Kendall Drive, was acquired by Dadeland Greenery, L.P., from Cofe ZM Dadeland, LLC, on Sept. 15, 2023, for a total of consideration of $58 million subject to assumption of an existing $39 million mortgage. With a vision to cultivate a dynamic and flourishing site for existing and new tenants, ownership aims to enhance the property’s potential and optimize its prime location on Kendall Drive and the Palmetto Expressway, just west of Dadeland Mall.

Aston Martin Residences Developer Files Plans For Iconic 55-Story Mixed-Use Tower At 190 SW 8th Street In Brickell

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

The prominent Coto Family of Argentina has set sights on a striking new addition to Miami’s skyline. In a recent letter of intent submitted to the Miami-Dade County Planning Department, Millennium Developments of Brickell, LLC, an affiliate of G&G Business Developments led by the same team behind the Aston Martin Residences, has formally requested a pre-application meeting to discuss its latest endeavor: ‘Calle 8’. Designed by BMA and proposed for 190 Southwest 8th Street in Brickell, the 55-story mixed-use development would soar to 685 feet, or 699 feet above mean sea level, and comprise 464 residential units, a 467-space parking garage, and various other spaces.

Brightline Announces Transportation Partnerships In Orlando To Enhance Travel Experience

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

Brightline and Mears Transportation have announced a strategic partnership to conveniently connect travelers between the Brightline Orlando Station in partnership with Orlando Health and various popular regional destinations. The Mears Transportation fleet will seamlessly integrate into Brightline’s innovative door-to-door booking service, Brightline+, available on its mobile app and website. This integration will empower guests to plan and book their journey within one streamlined transaction efficiently. Brightline patrons looking to reserve a car will also enjoy special rates through Brightline’s preferred partnership with Avis Car Rental.

Terranova Announces New Lincoln Road Tenant, IT’SUGAR

7:30 am on September 22, 2023 By Oscar Nunez

Terranova Corporation, a prominent commercial real estate firm led by Chairman Stephen Bittel and President Mindy McIlroy, announced today that Atlantic City-based brand IT’SUGAR, the beloved candy store known for its whimsical sugar creations, has signed a 2,751 square-foot lease at 801 Lincoln Road. The landlord for this deal is PPF MBL Portfolio, LLC. This location marks the latest addition to IT’SUGAR’s confectionery empire, becoming the newest among its 100+ locations across the United States and Canada.

Construction Tops Off On The 22-Story 72 Park Condominium Tower In Miami Beach

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

Construction has topped off on Lefferts’ 22-story luxury condominium tower 72 Park. The developer celebrated the topping off of the 220-foot-tall structure on Wednesday, September 13, which stands prominently at 580 72nd Street in Miami Beach. Designed by the renowned national architecture firm Built Form with interiors and landscapes by Urban Robots Associates, 72 Park will be the first new luxury tower on Miami Beach to permit short-term rentals, encompassing 206 units ranging from 470 to 1,177 square feet, as well as 10,000 square feet of prime, ground-floor retail space. Stiles Construction is the general contractor, and G&E Florida Contractors is the shell contractor, with completion slated for the Summer of 2024.

Related Group Completes Vertical Construction On Two-Towered Mixed-Use Development In Wynwood, Miami

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

Related Group has completed vertical construction at Wynwood Diamedix, a striking development in Miami’s Wynwood Arts District. This two-tower project, designed by Cohen Freedman Encinosa & Associates and situated at 2150 North Miami Avenue and 2115 North Miami Avenue, will boast 304 rental homes, over 17,000 square feet of top-tier commercial space, and an impressive 63,000 square feet of premium office space. The project is scheduled for completion in September 2024, and Beauchamp Construction is the general contractor.

Construction Tops Out On Doral City Place 7 Mixed-Use Project At 8450 NW 85th Court In Doral

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

Coastal Construction has topped off construction on Doral City Place 7, a state-of-the-art commercial and residential complex located at 3450 Northwest 85th Court in the City of Doral. Designed by MSA Architects with interiors by One Line Design Studio and developed by Lincoln Property Company, the mixed-use development will consist of 391 apartment units within an eight-story residential tower, complemented by two courtyards, numerous retail spaces, and grand lobbies on the ground levels. The amenities include a pool, gym, cabanas, and sky lounge for residents’ use on the top floor. The building will also feature a parking garage with a connecting bridge to the Doral City Place complex.

12-Story Class AAA Office Tower Tops Off At The Wynwood Plaza In Miami

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

L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have topped out of the 12-story, 266,000-square-foot, Class AAA boutique office tower at The Wynwood Plaza, a one-million-square-foot mixed-use development designed by Gensler under construction located at 95 Northwest 29th Street in Miami’s Wynwood Arts District. The development will be defined by a half-acre, lushly landscaped public plaza by urban design practice James Corner Field Operations, set to be the largest in the Wynwood Arts District and one of the largest in Miami.

$37.5 Million In Acquisition Financing Secured For Tavalo TraditionFinancing Secured For ‘Tavalo Tradition’ Build-To-Rent Townhome Community In Port St. Lucie

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

Berkadia has recently marked a significant milestone by orchestrating acquisition financing for Tavalo Tradition. Situated in Port St. Lucie, Florida, this 216-town home build-to-rent community is part of the Tradition Master Planned Community. GTIS Partners oversees the buyer’s entity. The financing is a forward acquisition loan supplied by a national bank. It will be allocated incrementally, synchronized with K. Hovnanian’s construction progress, anticipated to span until mid-2024.

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