Dorsky + Yue International Architecture

Mill Creek Residential Acquires 2.91-Acre Site To Expand Cornertstone Mixed-Use Development In Coral Springs

Mill Creek Residential, under the MCREF MFR 1 Coral Springs II LLC affiliate, has made another significant move in the vibrant South Florida real estate market, acquiring a valuable multifamily development site in Coral Springs for $13 million. The 2.91-acre parcel, nestled within the Cornerstone mixed-use development at 3310 University Drive, will pave the way for a new project. The sale was facilitated by Coral Sample LLC, led by Rod Sheldon of Predesco in Boca Raton and Arctrust Investment Manager from Clifton, New Jersey. The transaction represents a land price of $102 per square foot, reflecting the immense potential of this prime location.

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Foundation Permit Filed For Twin 42-Story Towers At 1900 Biscayne Boulevard, The Edgewater Collective

A foundation permit application has been filed for 1900 Biscayne Boulevard, twin 42-story high rises planned for Kushner Companies and PTM Partners’ Edgewater Collective three-towered mixed-use complex named the Edgewater Collective in the Arts & Entertainment District, previously known as Omni, near Edgewater, Miami. Designed by Kobi Karp Architects, the 461-foot-tall structures will collectively yield approximately 1,401,267 square feet of space, including 872 multifamily units and ground-floor retail. Balfour Beatty Construction is the general contractor.

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

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.

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

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.

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