Articles by Oscar Nunez

Coastal Construction Breaks Ground On New Event Center At The Concours Club In Miami-Opa Locka Executive Airport

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

Coastal Construction Group has broken ground on a new event center at The Concours Club, Miami’s members-only motorsport facility that blends high-performance driving, impeccable service, and luxury amenities within a spectacular resort setting. Located at One Concours Way within the Miami-Opa Locka Executive Airport and minutes from the heart of Miami and Fort Lauderdale, The Concours Club sets the new standard for automotive country clubs worldwide, bringing luxury amenities and services to the driving course. The club offers the most elevated and thoughtful accommodations found at a motorsport facility of its kind. From the Member’s Lounge and premium restaurant Verge, offering unparalleled dining experiences conceived by Michelin-starred experts, to Lifestyle Concierges to assist with any request, there is no other automotive resort like it anywhere else on earth.

Developers Lock In $215 Million In Construction Financing For The Wynwood Plaza

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

L&L Holding Company and Oak Row Equities announced they have closed on $215 million in construction financing for The Wynwood Plaza, a one-million-square-foot campus that will bring class-AAA office, residential, retail, and outdoor space to 95 NW 29th Street in Miami’s famed Wynwood Arts District. The developers, alongside project partner Shorenstein Properties LLC and co-investor Claure Group, secured the loan from Bank OZK. With full project financing now in place, major construction will commence immediately, with anticipated completion in 2025.

Site Plans Filed For 33-Acre Mixed-Use Waterfront Development ‘Ybor Harbor’ In Tampa

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

A rezoning application for Ybor Harbor, a dynamic new 33-acre mixed-use waterfront development surrounding Ybor Channel, was filed with the City of Tampa late Thursday. The project, at the northern terminus of Ybor Channel, is being developed by Darryl Shaw and could yield up to 6 million square feet, including 2,586 residential units and 140,400 square feet of general office, 375 hotel rooms, and 292,260 square feet of commercial retail space. Working with Port Tampa Bay, the Ybor Harbor plans envision opening a section of the waterfront to the public that is currently restricted. Activation will include a boardwalk with restaurant and retail uses, piers, boat slips, floating docks, and green space.

Developers File FAA Building Permits For The Crosby At Miami Worldcenter

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

The Federal Aviation Administration is reviewing building permit applications for The Crosby, a 33-story mixed-use building planned at 601 North Miami Avenue within the 27-acre Miami Worldcenter mixed-use complex in Park West, Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed by Related Group and Merrimac Ventures under the DT G Block LLC, the project will yield 450 fully finished and furnished condominium units spread across 387,355 square feet with interiors by AvroKO, as well as 22,000 square feet of amenities and 3,370 square feet of retail space. Beauchamp Construction is the general contractor for the project.

New Renderings Released For ‘Rivage’ At 10245 Collins Avenue In Bal Harbour, FL

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

New renderings have been released for Rivage, a planned 275-foot residential building at 10245 Collins Avenue in the village of Bal Harbour, Florida. Designed by Skidmore, Owings, & Merrill (SOM) with interiors by Rottet Studio and developed by a joint venture partnership between the Related Group, Two Roads Development, and Rockpoint, the 24-story tower will comprise 61 residential units and over 25,000 square feet of amenities. Enea Garden Design is the landscape architect. Renderings are courtesy of ArX Solutions.

Developers Tap Balfour Beatty To Lead Construction for the Grand Hyatt Miami Beach Convention Center Hotel

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

Two of South Florida’s premier real estate development groups, Terra and Turnberry, have selected Balfour Beatty as the general contractor for the new Grand Hyatt Miami Beach Convention Center Hotel. Located at the intersection of 17th Street and Convention Center Drive, the 17-story, 800-room hotel will serve as the central anchor of the Miami Beach Convention Center District, steps away from the beachfront, hundreds of shops and restaurants along Lincoln Road, the New World Center, the Bass Museum, and the Fillmore Miami Beach. Early site work at the property is now underway, with vertical construction anticipated to start this year and be completed in 2025.

Naftali Group Granted Building Permits For Near 700-Foot-Tall Towers At Miami Worldcenter

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

New York-based developer Naftali Group (Naftali) has been granted several building permits for a twin-towered residential project at Miami Worldcenter with up to 1.3 million square feet of potential space. The Federal Aviation Administration (FAA) has determined the proposed structures would have no substantial adverse effect on the safe and efficient utilization of the navigable airspace by aircraft or on the operation of air navigation facilities, allowing them to rise 684 feet, or 691 feet above sea level. Naftali formed a joint venture partnership with Cara Real Estate Management and purchased the 44,500-square-foot site at 1016 Northeast 2nd Avenue in Downtown Miami’s Park West neighborhood last year for nearly $41 million. Zoning allows for buildings with a maximum floor count of 60 stories.

Developers Get Building Permits For 440-Foot-Tall 501 First Residences In Downtown Miami

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

The Federal Aviation Administration has approved permits for work on 501 First Residences, a 40-story residential building under construction at 501 Northeast 1st Avenue in Downtown Miami. Designed by Revuelta Architecture International and developed by Aria Development Group with AQARAT, the building will have over 400,000 square feet of space, including 448 fully-furnished luxury condominium units featuring interiors by Shim Projects and 3,127 square feet of commercial space. Beauchamp Construction is serving as the general contractor.

FAA Issues Building Permits For 432-Foot-Tall Structure At 488 Southwest 1st Avenue In Fort Lauderdale

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

FAA Building permits have been issued for work on 488 Residences at Riverwalk, a 38-story mixed-use building planned for 488 Southwest 1st Avenue in the Tarpon River neighborhood of Fort Lauderdale’s downtown corridor. Located one block south of the New River and bound by Southwest 5th Street on the south, plans for the 26,291-square foot property call for a 580,873-square-foot structure containing 362 dwelling units, around 6,000 square feet of retail space, and 363 parking spaces. Built Form and Tabanlıoğlu Architects designed the current publicly known iteration of the building. The developer is an entity linked to Colorado-based real estate investment trust UDR, Inc., which purchased the development from Ellis Diversified, Inc. in 2022 for $16 million.

Related Group Enters Joint Venture To Develop The Bahia Mar Mixed-Use Complex In Fort Lauderdale

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

Tate Capital, Rok Enterprises Inc., and Related Group (Related) have finalized a joint venture agreement to co-develop the new master site plan for the much-awaited Bahia Mar mixed-use complex in Fort Lauderdale. As part of the joint venture, the parties will work in lockstep with the internationally acclaimed architecture firm Arquitectonica to reimagine the project to address the needs directly and wants of the Fort Lauderdale community. This includes specific accommodations for the long-term hosting of the Fort Lauderdale International Boat Show (FLIBS).

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