CMC Group Lands $239 Million Construction Loan For Vita at Grove Isle Condo At 5 Grove Isle Drive In Miami

Miami-based CMC Group, led by real estate developer Ugo Colombo, has obtained a $239 million construction loan from Bank OZK to develop Vita at Grove Isle. This luxury condominium project, currently under construction at 5 Grie Isle Drive on the private island of Grove Isle, near Miami’s Coconut Grove, will consist of a seven-story building with 65 waterfront residences, each boasting panoramic bay views and high-quality finishes. The project, which broke ground in April 2023, is progressing with vertical construction and is slated for completion by late 2025.

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Columbus Center Unveils Completed Renovations At 1 Alhambra Place In Coral Gables

Columbus Center, a Class A office complex at 1 Alhambra Plaza in the heart of Coral Gables, has proudly unveiled its recent multi-million-dollar renovation. The modernization, which breathes new life into the first-floor lobby, sixth-floor terrace, and exterior facade of the 261,867-square-foot property, has been meticulously executed. Boasting an array of amenities, the multi-use property offers an on-site gym, the popular Bay 13 Brewery and Kitchen, Micocos Café, ample parking, round-the-clock security, on-site management, dual conference facilities, and a private rooftop terrace.

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CMC Group Breaks Ground On Vita At Grove Isle In Coconut Grove, Miami

Prominent Miami developer, Ugo Colombo of CMC Group, has recently broken ground on Vita at Grove Isle, a boutique condominium at 5 Grove Isle Drive on the 20-acre gated private island just off the shore of the city’s Coconut Grove neighborhood. Collaborating with global architecture and design firm CallisonRTKL, local architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Human SustainableArchitecture, the seven-story development is set to offer 65 residences featuring unobstructed panoramic bay views, exquisite detailing, and the finest materials and workmanship. The project, designed as a singular architectural structure comprising three buildings – Mare, Luce, and Sole – echoes its distinct Grove Isle setting with a graceful, curved shape inspired by the island’s natural contours while maximizing vistas of the shimmering Biscayne Bay. Set amidst verdant, native landscaping, Vita at Grove Isle is poised to deliver a boutique living experience, with construction now underway and an estimated completion timeline of 24 to 28 months.

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CMC Group To Begin Construction At ‘Vita At Grove’ This Year, Slated To Complete By Winter Of 2024

Construction will begin this year at Vita at Grove Isle (Vita), a 7-story, 65-unit residential complex developed by CMC Group, located at the 20-acre private island Grove Isle near Coconut Grove. Designed by CallisonRTKL with interiors by A++ Human Sustainable Architecture, Vita’s design was inspired by the island’s natural curves, featuring a curved façade that responds to the waterfront’s natural contour. The development is scheduled to complete construction in the winter of 2024.

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Exterior Work Nears Completion On 13495 Veterans Way In Lake Nona, Orlando

Construction is nearing completion on 13495 Veterans Way, a 5-story mixed-use building developed within the 100-acre Lake Nona Town Center master planned community in Lake Nona, Orlando. Designed by Washington, D.C.-based architecture firm CallisonRKTL and developed by the Tavistock Development Company, the building is comprised of 68,398 square feet of space including 63,540 square feet of boutique office spaces across the top four floors and nearly 5,000 square feet of ground floor retail. The glass-clad structure is located adjacent to Lake Nona’s Medical City, a globally-recognized cluster of health and life sciences institutions, and beside the Courtyard and Residence Inn duo-hotel by Marriot. Construction is scheduled to fully wrap up in the Spring of 2022.

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