Articles by Oscar Nunez

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).

Plans Filed For The Edgewater Collective At 1900 And 2000 Biscayne Boulevard In Edgewater, Miami

8:00 am on January 13, 2023 By Oscar Nunez

Miami’s Urban Development Review Board (UDRB) is scheduled to review plans filed for the Edgewater Collective, a three-towered, mixed-use development at 1900 and 2000 Biscayne Boulevard in Edgewater. 1900 Biscayne Boulevard is a 42-story, two-towered structure designed by Kobi Karp Architecture and Interior Design Inc. with 872 residential units. 2000 Biscayne Boulevard, already under construction, is a 36-story tower designed by Dorsky + Yue International, which will contain 420 residential units. The overall project is being developed by 1900 Biscayne Property Owner LLC and 2000 Biscayne Fee Owner LLC, which are entities tied to a joint venture partnership between New York-based real estate developer Kushner Companies and Miami-based PTM Partners, and will yield 2,022,779 square feet of space including 1,292 residential units, ground floor retail space, and 1,007 parking spaces.

Developers Get FAA Building And Tower Crane Permits For 30-Story Residential Tower At Solé Mia In North Miami

8:00 am on January 12, 2023 By Oscar Nunez

The Federal Aviation Administration (FAA) has issued both building and tower crane permits for work on One Park Tower, a 32-story luxury residential building located within the multi-billion dollar, 184-acre master-planned community of SoLé Mia in the heart of North Miami. Designed by Arquitectonica and developed by Turnberry Associates (Turnberry) in partnership with Rosso Development (Rosso), the condominium tower will contain 303 bespoke residences featuring interiors by Meyer Davis, overlooking a seven-acre Crystal Lagoon, surrounded by pristine landscaping designed by Enzo Enea. Residences will come in one-, two-, and three-bedroom floorplans, plus a collection of penthouses, and additionally offer stunning views of the Oleta River State Park, Biscayne Bay, the Atlantic Ocean, and the Miami city skyline.

Coastal Construction Selected As General Contractor For New 35-Story Tower In Downtown Tampa

8:00 am on January 11, 2023 By Oscar Nunez

Coastal Construction has been selected as the general contractor for a 35-story mixed-use development at 505 East Tyler Sreet in Downtown Tampa. Designed by Arquitectonica and developed by Cantor Silverstein Opportunity Zone Trust, Inc., a Qualified Opportunity Fund and joint venture partnership between New York-based developer Silverstein Properties and financial firm Cantor Fitzgerald L.P., the approximate 363-foot-tall tower will yield 770,000 square feet of space including 450 apartments, amenities such as an outdoor pool, tenant lounges with workspaces, and a state-of-the-art fitness center, over 9,000 square feet of ground floor retail space, and 500 parking spots. Groundbreaking is expected in later 2023/early 2024, with completion in 2026.

Brightline Reveals First Look Inside Its New Station At Orlando International Airport

8:00 am on January 10, 2023 By Oscar Nunez

Brightline has pulled back the curtain on Central Florida’s latest attraction, Brightline’s Orlando Station. Yesterday, Brightline released renderings of the future station, located at Orlando International Airport, which will connect millions and regionalize the state. The station spans three stories, featuring groundbreaking design and a unique synthesis of luxury amenities that meet the demand of today’s modern traveler. Opening this year, Brightline’s Orlando Station will revolutionize train travel in America and continue Brightline’s vision of offering a guest-first travel experience.

Brooklyn-Based Developer Gets FAA Approval For Two 544-Foot-Towers In Fort Lauderdale

8:00 am on January 9, 2023 By Oscar Nunez

The Federal Aviation Administration (FAA) has issued building permits for Ombelle, a large-scale two-tower mixed-use development planned for 300 Northeast 3rd Avenue in Flagler Village, Fort Lauderdale. Designed by ODA Architecture and developed by Brooklyn-based Dependable Equities, the 43-story project will yield approximately 1.5 million square feet of space, including 959 rental dwelling units, over 11,000 square feet of retail space, and more than 1,000 parking spaces. Witkin Hults + Partners is the landscape architect, and Flynn Engineering is the civil engineer.

Developers Secure $34 Million From Bank OZK To Begin Construction On 66-Story One River Point In Downtown Miami

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

One River Point Partners, LLC, a joint venture partnership between New York’s KAR Properties and Miami’s Fortune International Group, has secured a $34 million loan to initiate the first phase of construction on One River Point, a twin-towered 66-story residential development planned for 24 Southwest 4th Street in Downtown Miami. Designed by the star architect Rafael Viñoly of Rafael Viñoly Architects, the pair of connected towers will contain a combined 368 condominium units, and sit immediately north of the Miami River. The property will enjoy a desirable location in the city’s epicenter being just minutes away from luxury retail shopping and entertainment areas as well as the major transportation hubs, the Port of Miami, Miami International Airport, and cultural landmarks such as the Adrienne Arsht Center and Perez Art Museum.

Red Apple Real Estate Secures $252 Million In Financing, Vertical Construction For St. Petersburg’s Tallest Building To Commence In March 2023

8:00 am on January 7, 2023 By Oscar Nunez

Red Apple Real Estate has secured $252 million in financing for The Residences at 400 Central, a 46-story mixed-use building under construction at 400 Central Avenue in downtown St. Petersburg. Designed by Arquitectonica with WSP as the structural engineer and featuring interiors by Celano Design Studio, The Residences at 400 Central will become the tallest building in the city and on the gulf coast at approximately 515 feet, yielding 1.3 million square feet of space including 301 luxury condominiums with views of Tampa Bay and the Gulf of Mexico, retail and restaurant space, and upwards of 40,000 square feet of Class A office space. Suffolk Construction is the general contractor for the project, which is scheduled to go vertical in March 2023.

Related Group Nabs $164 Million Construction Loan For 506-Unit Rental Tower In Brickell

8:00 am on January 6, 2023 By Oscar Nunez

Charlotte, NC-based Truist Bank has issued a $164 million construction loan to Miami’s acclaimed condo king, the Related Group, for the first of three skyscrapers slated for a prime 3.9-acre development site along Brickell Avenue, south of the Miami River. Commonly referred to as One Brickell Tower II, the 47-story structure is reportedly planned to rise approximately 478 feet at 77 Southeast 5th Street and yield 506 rental apartments. Arquitectonica is the architect for the entire mixed-use development, which includes the planned 75-story Baccarat Residences Miami and an 82-story hotel and residential tower. John Moriarty & Associates is the general contractor for the tower, which is expected to begin construction next month.

Developers Attain Construction Financing And Break Ground On Orchid Lake In Cocoa, Florida

8:00 am on January 5, 2023 By Oscar Nunez

Housing Trust Group (HTG) and Housing for Homeless, Inc. have closed on financing and broke ground on Orchid Lake, a new $30 million affordable housing community located at the southwest corner of University Lane and Michigan Avenue in Cocoa, Florida. Designed by FK Architecture with Manley Design as the landscape architect and DRMP as the civil engineer, Orchid Lake will be a three-story community offering residences in a mix of one-, two-, and three-bedroom floor plans featuring interiors by Builders Design. Hennessy Construction is the general contractor, and work is expected to complete in early 2024.

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