Pine 42 is a multi-million-dollar multifamily complex that will comprise 50 move-in-ready homes. Units range from 700 square feet to 2,700 square feet each. They include one-bedroom to three-bedroom homes, plus eight penthouses.
New York City-based Naftali Group has filed plans for 201 North Federal Highway, a two-tower mixed-use development of 47 and 44 stories proposed in Fort Lauderdale’s downtown core. Designed by Arquitectonica with landscape architecture from ESDA, Inc., and Kimley-Horn as the civil engineer and traffic engineer, the proposal calls for 1,483,708 square feet of space, including 824 residential units, 19,391 square feet of amenities, 10,399 square feet of commercial/retail space, and 877 parking spaces across two towers of approximately 509 feet and 493 feet over a multi-story podium. The approximate 1.52-acre property is located at the corner of Northeast 2nd Street and North Federal Highway; Toothaker is the land-use attorney.
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 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 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.
