Arquitectonica

Site and Financing Secured for 77-Story ‘ORA by Casa Tua’ in Miami’s Brickell Financial District

Miami-based developer Fortune International Group has acquired a 46,373-square-foot site at 1210 Brickell Ave and secured a $36,080,000 pre-development loan for the ORA by Casa Tua project. The loan, provided by Amerant Bank, marks a significant step forward in development. Fortune International Group purchased the site from Miami-based Patagonian Investment Internacional LLC and is now set to prepare the site for construction, with groundbreaking expected to begin in 2025.

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The West Tower at Oasis Hallandale Phase Three Advances in Vertical Construction

MGM Construction Group, a South Florida-based commercial and residential construction firm, has announced the concrete pouring for levels 1-13 of the West Tower at Oasis Hallandale. Located at 1000 East Hallandale Beach Boulevard, this mixed-use development is set to top out in late fall, featuring 500 residences, shops, restaurants, and offices on its 10-acre site. The West Tower will rise 25 stories and include 250 homes, with amenities such as a pool deck, gym, splash fountain, fire pit, hot tub, yoga lawn, outdoor movie theater, and spa area.

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Major Acquisition Expands Developer’s Waterfront Footprint in North Bay Village

Continuum Company has expanded its presence in North Bay Village by acquiring Shuckers Waterfront Bar & Grill and Best Western On The Bay Inn & Marina (now known as North Bay Inn Miami) at 1819 and 1855 79th Street Causeway. This acquisition, supported by a $67.5 million loan from Longline Financial, extends Continuum’s waterfront footprint to 4.5 acres, adjacent to its latest development, Continuum Club & Residences. The restaurant and hotel will remain operational.

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Miami Riverbridge Gains Unanimous Approval from City of Miami Urban Development Review Board

The redevelopment plans for Downtown Miami’s Hyatt Regency site have received unanimous approval from the City of Miami Urban Development Review Board. The updated project plans for Miami Riverbridge, presented by Hyatt Hotels Corporation and Miami’s Gencom under HRM Owner, LLC, were approved without any conditions at the board hearing. Construction is expected to begin in 2026, with an anticipated opening in 2030.

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