Apartments

First Tower For Edgewater Collective Surpasses Podium Levels At 2000 Biscayne Boulevard In Edgewater, Miami

8:00 am on November 18, 2022 By Oscar Nunez

Construction has surpassed the podium levels on the first phase of the Edgewater Collective, a three-towered mixed-use development underway on the western frontage of Biscayne Boulevard abutting Northeast 19th and 20th Streets in Edgewater, Miami. Designed by Fort Lauderdale-based Dorsky + Yue International Architecture and developed by a joint venture between New York-based real estate developer Kushner Companies and Miami-based PTM Partners under the 2000 Biscayne Property Owner LLC, the mixed-use structure is on its way up to an approximate 418-foot pinnacle spread across 36 floors and will contain 637,485 square feet of space including 393 rental apartments, 4,569 square feet of ground floor commercial space, and a parking garage. Balfour Beatty Construction is the general contractor for the development, which is addressed as 2000 Biscayne Boulevard.

OKO Group, Cain International Break Ground On 34-Story One River Luxury Apartment Tower in Downtown Fort Lauderdale

8:00 am on July 26, 2022 By Oscar Nunez

OKO Group and Cain International have broken ground on their next joint venture development, One River Fort Lauderdale, a 34-story tower located at 629 Southeast 5th Avenue that will yield 365,203-square-feet including 251 high-end apartments, 2,600 square feet of ground level retail space and a 6-story, 337-space parking garage. On Friday, July 22nd, a ceremonial groundbreaking was held at the site to commemorate the start of construction. Notable attendees included City of Fort Lauderdale Mayor Dean Trantalis, and Vice Mayor Ben Sorensen. The groundbreaking announcement follows recent news that the development team secured $97.2 million in financing from Bank OZK and JVP Management to help fund construction of the tower. Construction is expected to be completed in late 2024.

OKO Group And Cain International Get $97.2 Million In Construction Financing For 34-Story One River In Fort Lauderdale

8:00 am on July 8, 2022 By Oscar Nunez

OKO Group and Cain International have secured $97.2 million in construction financing for their next joint venture development: One River, a new 34-story luxury multifamily tower located addressed as 629 Southeast 5th Avenue in Fort Lauderdale, Florida. Financing is broken down into two loans, a senior construction loan provided by Bank OZK, and a mezzanine construction loan provided by JVP Management, which will fund the construction of the tower. One River will encompass 251 high-end apartments and 2,600 square feet of ground level retail space. Vertical construction is scheduled to begin this summer, with delivery expected September 2024.

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