Arquitectonica

Related Group And GTIS Partners Secure $328M Construction Loan From Bank OZK For 75-Story Baccarat Residences Miami

8:00 am on April 2, 2024 By Oscar Nunez

Related Group and GTIS Partners have secured a $328 million construction loan for the Baccarat Residences Miami, a 75-story luxury condominium tower at the gateway of Brickell Avenue. The financing, arranged by Berkadia South Florida, supports the development of the 848-foot-tall skyscraper, which is currently under construction at 99 Southeast 5th Street and is expected to be completed in early 2028. Over 95 percent of the residences have been sold since the launch in late 2021. John Moriarty & Associates is the general contractor.

One Park Tower By Turnberry Secures $172M Construction Loan Facilitated By Berkadia

8:00 am on March 30, 2024 By Oscar Nunez

Berkadia announced it arranged for $172 million in construction financing for ONE Park Tower by Turnberry, a 33-story, 292-unit condominium tower located at 2411 Laguna Circle in the 184-acre master-planned community of SoLé Mia in North Miami, Florida. Designed by the award-winning architecture firm Arquitectonica, with interiors by the globally acclaimed Meyer Davis and landscaping by DS Boca, the building offers a variety of one-, two-, and three-bedroom units, including a selection of penthouses. The financing deal was orchestrated by Managing Director Scott Wadler, Associate Director Alec Fox, Senior Managing Director Mitch Sinberg, and Managing Directors Brad Williamson and Matt Robbins of Berkadia South Florida. It was closed with Bank OZK on behalf of Turnberry, led by Chairman and CEO Jackie Soffer, on March 25.

Developer Files Pre-Application for 856-Unit Complex at the Earlington Heights Metrorail Station

7:00 am on March 27, 2024 By Colt Dodd

A developer has filed a pre-application for a workforce housing complex at the Earlington Heights Metrorail Station in Miami-Dade County. The unnamed project would require close to 945,000 square feet of new construction.

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

8:00 am on March 26, 2024 By Oscar Nunez

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.

Developer Proposes 396-Foot-Tall ‘3200 Biscayne’ for 3200 Biscayne Boulevard, Miami, FL

7:00 am on March 16, 2024 By Colt Dodd

Miami-based Green Circle Development LLC, an affiliate of Urbanica Hotels, has proposed a 35-story mixed-use high-rise in Miami’s Edgewater neighborhood. 3200 Biscayne would comprise 677,813 square feet of new construction.

Ytech Reaches Sales Milestone For The Residences At 1428 Brickell Project While Securing $104 Million In Financing.

8:00 am on March 12, 2024 By Oscar Nunez

Ytech has surpassed significant financial and sales milestones for The Residences at 1428 Brickell, securing $104 million in financing and exceeding 40% in sales within a year. Designed by Arquitectonica, with interiors by ACPV Architects and landscaping by Arquitectonica GEO, this 70-story, 860-foot-tall development positioned at one of Brickell Avenue’s most coveted locations, reflects a strong demand for its exclusive 189 residences. This financial infusion, arranged by Linkvest Capital with $78 million in refinancing for the first mortgage and an additional $26 million in first mortgages from Banesco for 1500 and 1548 Brickell Avenue, propels the development into its subsequent phases, including demolition and construction. John Moriarty & Associates is the general contractor.

Crescent Heights Announces Commencement of ‘Track & Field’ Mural at Forma Miami

8:00 am on March 10, 2024 By Oscar Nunez

Crescent Heights has announced the commencement of an expansive art project in the heart of Miami’s Edgewater neighborhood. Renowned artist Arturo Herrera was commissioned to create a 9,350-square-foot mural named Track & Field, which will grace the east podium façade of Forma Miami, a 39-story, 588-unit residential tower designed by Arquitectonica with ODP Architecture & Design as the architect of record spanning nearly a full city block at 2900 Biscayne Boulevard. We Are Nice’n Easy, a celebrated local art collective of Allison Matherly and Jeffrey Noble, will meticulously hand-paint the mural throughout the following few weeks.

First Look: Two Roads Development Unveils Interiors Designed By Studio Munge For EDITION Residences, Miami Edgewater

8:00 am on March 8, 2024 By Oscar Nunez

Two Roads Development has revealed a first look at the interiors and amenity spaces at the EDITION Residences, Miami Edgewater (The Residences) – the global hotel brand’s first independent collection of fully serviced luxury condominium residences, located in Miami’s Edgewater neighborhood. Designed by architect Bernardo Fort-Brescia of Arquitectonica with interiors imagined by designer Alessandro Munge of Studio Munge, the 55-story, 649-foot-tall glass tower will be situated at 2121 North Bayshore Drive along Biscayne Bay with 800 linear feet of bay frontage. The development will mark Studio Munge’s first residential project in Miami.

José Andrés Group Brings First Restaurant Concept to West Palm Beach at Olara

8:00 am on March 3, 2024 By Oscar Nunez

New York-based developer Savanna has announced a new partnership with the José Andrés Group at Olara, a new 26-story luxury residential condominium at 1919 North Flagler Drive on West Palm Beach’s waterfront. Renowned Chef José Andrés will bring his first new restaurant concept in the Palm Beaches to Olara, which will be open to the public. Additionally, residents of Olara will have access to exclusive culinary services, including food and beverage provisions, throughout the tower’s amenity spaces and private, in-residence dining. Located on the ground floor of Olara, the new waterfront concept will occupy 8,500 square feet, featuring both indoor and outdoor dining to allow guests to embrace al fresco dining.

New Renderings And Phased Plans Unveiled For Trio Of Towers At ‘Miami Riverbridge’, Including 87-Story Supertall, in Downtown Miami

8:00 am on March 2, 2024 By Oscar Nunez

Updated renderings and phased plans have been unveiled for Miami Riverbridge, a three-tower mixed-use development designed by Arquitectonica and developed by Hyatt Hotels Corporation and Miami’s Gencom set to redefine the 4-acre site at 400 Southeast 2nd Avenue along the Miami River. With a review by the Miami River Commission scheduled for March 4, this visionary project has captured the city’s imagination, signaling a major transformation for downtown Miami. Following a resounding endorsement from city voters in November 2022 for a lease amendment and development agreement for the property, the developers aim to breathe new life into the site, replacing the existing 615-room Hyatt Regency Miami hotel and the 4,500-seat James L. Knight Center dating back to 1982.

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