Bank OZK

Developers Secure $77M Construction Loan From Bank OZK For 2200 Brickell

8:00 am on October 6, 2023 By Oscar Nunez

Aria Development Group, Largo, and Place Projects have secured $77 million in construction financing for 2200 Brickell, a five-story, 105-unit luxury condominium development at 2200 Brickell Avenue, situated along Brickell’s historic Millionaire’s Row. The construction financing was provided by Bank OZK, represented by King & Spalding. Hunton Andrews Kurth and The Aztec Group represented the developers. 2200 Brickell is slated to break ground in Q4 2023 with Ortega Construction Company as the general contractor.

Canvas GWX Townhome Community Breaks Ground Near The 50-Acre GasWorx District In Ybor City, Tampa

8:00 am on September 16, 2023 By Oscar Nunez

In a groundbreaking ceremony yesterday, the transformation of Ybor City took its first step as construction commenced on Canvas GWX, a community of townhomes with an “industrial chic” aesthetic. This residential project, located at 1218 East Kay Street – just outside the 50-acre GasWorx district, is poised to kickstart a wave of redevelopment in the heart of Tampa.

Developers Break Ground On The Wynwood Plaza At 95 NW 29th Street In Wynwood, Miami

8:00 am on March 6, 2023 By Oscar Nunez

L&L Holding Company, Oak Row Equities, project partner Shorenstein Properties, and co-investor Claure Group have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 Northwest 29th Street in Miami’s famed Wynwood Arts District. This milestone came after securing $215 million in construction financing from Bank OZK for this dynamic project, designed by the renowned architecture firm Gensler.

Developers Lock In $215 Million In Construction Financing For The Wynwood Plaza

8:00 am on January 22, 2023 By Oscar Nunez

L&L Holding Company and Oak Row Equities announced they have closed on $215 million in construction financing for The Wynwood Plaza, a one-million-square-foot campus that will bring class-AAA office, residential, retail, and outdoor space to 95 NW 29th Street in Miami’s famed Wynwood Arts District. The developers, alongside project partner Shorenstein Properties LLC and co-investor Claure Group, secured the loan from Bank OZK. With full project financing now in place, major construction will commence immediately, with anticipated completion in 2025.

Developers Secure $34 Million From Bank OZK To Begin Construction On 66-Story One River Point In Downtown Miami

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

One River Point Partners, LLC, a joint venture partnership between New York’s KAR Properties and Miami’s Fortune International Group, has secured a $34 million loan to initiate the first phase of construction on One River Point, a twin-towered 66-story residential development planned for 24 Southwest 4th Street in Downtown Miami. Designed by the star architect Rafael Viñoly of Rafael Viñoly Architects, the pair of connected towers will contain a combined 368 condominium units, and sit immediately north of the Miami River. The property will enjoy a desirable location in the city’s epicenter being just minutes away from luxury retail shopping and entertainment areas as well as the major transportation hubs, the Port of Miami, Miami International Airport, and cultural landmarks such as the Adrienne Arsht Center and Perez Art Museum.

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.

OKO Group And Cain International Get $97.2 Million In Construction Financing For 34-Story One River In Fort Lauderdale

8:00 am on July 8, 2022 By Oscar Nunez

OKO Group and Cain International have secured $97.2 million in construction financing for their next joint venture development: One River, a new 34-story luxury multifamily tower located addressed as 629 Southeast 5th Avenue in Fort Lauderdale, Florida. Financing is broken down into two loans, a senior construction loan provided by Bank OZK, and a mezzanine construction loan provided by JVP Management, which will fund the construction of the tower. One River will encompass 251 high-end apartments and 2,600 square feet of ground level retail space. Vertical construction is scheduled to begin this summer, with delivery expected September 2024.

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