Arquitectonica

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).

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.

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.

Renderings Surface For 35-Story Tower Soon To Break Ground In Downtown Tampa’s North Side

8:00 am on January 4, 2023 By Oscar Nunez

Renderings have surfaced for a 35-story mixed-use building planned for a 34,000-square-foot site at 505 East Tyler Street and 914 North Morgan Street in the North Downtown submarket of 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 structure will comprise 770,000 square feet of space including 450 residential units with associated leasing office/lounge, 11,500 square feet of amenities, 9,430 square feet of ground floor restaurant/retail space.

Construction Permits Filed For The Standard Residences In Midtown, Miami

8:00 am on December 28, 2022 By Oscar Nunez

New construction permits have been filed for The Standard Residences, a 12-story mixed-use development planned for 3100 Northeast 1st Avenue in Midtown, Miami. Designed by Arquitectonica with interiors by Urban Robot Associates and developed by Rosso Development under the RM Dev Ventures LLC alongside Midtown Development, the project comprises 228 residential units, 34,000 square feet of amenities, and 11,000 square feet of ground-floor retail. Residences will be delivered move-in ready while simultaneously allowing flexible short-rental programs with 30-day minimum stays up to 12 times per year. An existing garage next door will be utilized for parking purposes. Cavossa Management Inc. is listed as the project’s general contractor. Naturalficial is the landscape architect.

Developers Unveil New Details And Renderings Of Miami’s Future Tallest Office Tower

8:00 am on December 22, 2022 By Oscar Nunez

New details and renderings have been released for One Brickell City Centre, a 68-story office tower planned for a 2.38-acre site at 700 Brickell Avenue in the heart of Miami’s Brickell financial district. Designed by Arquitectonica and developed by a joint venture partnership between Related Companies and Swire Properties, the nearly 1,000-foot-tall structure will yield 1.5 million square feet of office space, a host of wellness amenities, and a high-end restaurant and a helipad on the roof. Demolition work for existing site improvements is expected to commence in Q1 of 2023, and a ground-breaking date will be announced based on the pace of leasing efforts.

Developers Acquire Last Miami Worldcenter Development Site For 600+ Unit Condo Project

8:00 am on December 1, 2022 By Oscar Nunez

A joint venture between Miami-based Aria Development Group and Fort Lauderdale-based Merrimac Ventures has acquired the last remaining parcels of land at the 27-acre Miami Worldcenter mixed-use district in Downtown Miami. The 34,800-square-foot assemblage includes a 24,000-square-foot site at 33, 45, and 55 Northwest 6th Street known as The Miami Link, acquired from I L A Employers Welfare Fund SE FL Ports Inc. (International Longshoremen’s Association) for $11 million, and a 10,800-square-foot-site at 600 Northeast 1st Avenue, acquired from Miami SPE LLC for $6.5 million, bringing the total acquisition cost to $17.5 million. The developers are planning a residential condominium tower with over 600 units across as many as 32 floors. Revuelta Architecture International is the design architect, and The Design Agency is handing interior design.

Foundation Permit Issued To The Related Group For 47-Story Tower At 77 SE 5th Street In Brickell, Miami

8:00 am on November 30, 2022 By Oscar Nunez

Miami’s Building Department has issued excavation permits for One Brickell Tower II, a 47-story multifamily building planned for 77 Southeast 5th Street in Brickell, Miami. Designed by Arquitectonica and developed by the Related Group, the 478-foot-tall skyscraper will have 720,101 square feet of space including 506 apartments. The development represents one of three towers that are expected to rise on Related’s 3.9-acre One Brickell site, which includes the highly anticipated 73-story Baccarat condo tower and an even taller 82-story tower combining hotel and residential uses. John Moriarty & Associates is listed as the general contractor and Enea Garden Design Inc. is the landscape architect.

Nautica Hotel And Residences Proposed By Cymbal DLT Companies In Downtown Fort Lauderdale

8:00 am on November 27, 2022 By Oscar Nunez

Plans have been filed for Nautica Hotel and Residences, a massive multi-towered mixed-use complex proposed for a 3.82-acre development site south of Fort Lauderdale’s New River, nestled in between Southwest 3rd Avenue on the north, Southwest Flagler Avenue on the south and Southwest 5th Street on the west. Designed by Arquitectonica with landscape architecture by ESDA, Inc. and developed by Cymbal DLT Companies, the project calls for three towers yielding nearly 2 million square feet of space, including a 32-story hotel with 148 keys, a 50-story condominium with 241 units, and a 39-story rental tower with 454 units. Langan Engineering is the civil engineer, Traf Tech Engineer is the traffic engineer, and Toothaker is the land use attorney for the proposed development, which encompasses properties addressed as 400, 420 Southwest 3rd Avenue and 201 Southwest 5th Street in the Tarpon River neighborhood of the Downtown corridor.

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