The Related Group of Florida hopes to move ahead with Hollywood Arts Residences in Broward County, Florida. The South Florida Business Journal reports that previously, plans called for a 26-story tower with 135 beachfront units.
Miami-based Terra and AB Asset Management have secured a $43.2 million refinancing loan for Residences in the Grove, a 148-unit residential building planned at 2835 Tigertail Avenue in the heart of Miami’s Coconut Grove neighborhood. The financing provided by the City National Bank of Florida and KS Finance Corporation will fund preliminary demolition and site work in preparation for the project’s groundbreaking. Construction of Residences in the Grove is estimated to get underway later this year, with completion slated for 2025.
The developers of One Brickell City Centre have signed a utility agreement to connect the upcoming supertall office tower at 700 Brickell Avenue to Miami-Dade County’s water and sewer system. The agreement, dated February 22, lists 700 Brickell City Centre LLC and Brickell City Centre Project LLC as the developing entities, with Kieran Bowers of Swire Properties signing on behalf of both entities. Hudson Yards developer Related Companies, led by Stephen Ross, is also a partner in the project. Miami-based Arquitectonica designed the project.
Onda Residences, a 41-unit residential building project developed by Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties, has topped off construction at eight stories. Located along Biscayne Bay at 1135 103rd Street, the architect behind the project is Bernardo Fort-Brescia of Arquitectonica. Enzo Enea of Enea Garden Design is designing landscape architecture, and Carlo and Paolo Colombo of A++ Human Sustainable Architecture are handling interior design. Coastal Construction is the development’s general contractor and will complete construction later this year.
6940 North Beach LLC, a joint venture between entities controlled by Rainer Viete, Jose Boschetti, and Eduardo Otaola, has filed an application requesting design review approval to construct a new 10-story mixed-use building at 6940 Abbott Avenue, the site of a former BellSouth office and parking lot that is no longer in use in the North Beach section of Miami Beach. Designed by Arquitectonica with Biscayne Engineering as the land surveyor and civil engineer, the 130-foot-tall structure would yield 134,573 gross square feet of space, including 96-unit multi-family units, of which 21 would be co-living units, 2,192 square feet of ground floor retail, and 90 parking spaces. The property spans roughly 24,800 square feet and is bound by Byron Avenue to the west and Abbott Avenue to the east. Christopher Cawley Landscape Architecture is the landscape architect, and David Plummer & Associates is the traffic engineer
