Miami

Legacy Hotel & Residences. Designed by Kobi Karp.

Royal Palm Companies Secures $340 Million In Construction Financing For Legacy Hotel & Residences

7:30 am on December 14, 2021 By Oscar Nunez

Dania Beach-based real estate developer Royal Palm Companies has landed a massive $340 million construction loan from New York City-based Silverstein Capital Partners for Legacy Hotel & Residences, a 51-story mixed-use building planned for 938 Northeast 1st Avenue within the 27-acre Miami Worldcenter master-planned development. The loan marks the third largest financing package executed in the state of Florida, and will allow for the vertical construction of the 690-foot-tall structure projected to yield nearly 1 million square feet. Renowned Miami architect Kobi Karp designed the modern Art-Deco inspired tower, and will feature interiors by ID & Design International.

Mixed Use Residential Building to Provide 161 Units at 912 East Ponce De Leon Boulevard, Coral Gables, FL, 33134

7:00 am on December 14, 2021 By Colt Dodd

Regency on the Park is unfolding in Miami-Dade County, FL. The project received approval from the city’s commissioners in 2018.

Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

Waldorf Astoria Residences Miami Unveils Sky Collection

8:00 am on December 13, 2021 By Oscar Nunez

The developers of Miami’s upcoming first supertall skyscraper have unveiled the Sky Collection of residences at the Waldorf Astoria Hotel & Residences, a 1,049-foot-tall mixed-use development planned to rise 100 stories at 300 Biscayne Boulevard in Downtown Miami. The tower’s design features 9 offset glass cubes stacked upon one another, designed by Sieger Suarez Architects in collaboration with Carlos Ott for developers Property Markets Group (PMG), Greybrook Realty Partners, Mohari Hospitality and S2 Development. The Sky Collection is comprised of 40 luxurious residences featuring interiors designed by award-winning California-based design firm BAMO, priced from $4.9 million.

Melo Group Plans Four 60-Story Towers At 1700 Biscayne Boulevard In Miami’s Arts & Entertainment District

8:00 am on December 12, 2021 By Oscar Nunez

One of Miami’s most active real estate developers, the Melo Group, is planning on developing four mixed-use towers at 1700 Biscayne Boulevard in the Arts & Entertainment District – previously known as the Omni District. According to The Real Deal, the developer is currently in contract to purchase the entire city block for $105 million in an all-cash deal, and will reportedly close some time later this month. The preliminary plans call for a complex of 60-story towers with a mix of condominiums and rental apartments with retail spaces across an assemblage spanning 3 acres.

Metro Edgewater’s Concrete Superstructure Continues Ascent At 452 NE 31st Street In Edgewater, Miami

8:00 am on December 11, 2021 By Oscar Nunez

Construction continues to rise on Metro Edgewater, a 32-story residential building underway at 452 Northeast 31st Street in Edgewater, Miami. Located in what is often referred to as the Paraiso District, the tower is designed by Pablo Burgos of Coral Gables-based architectural firm Burgos Lanza & Associates and is being developed by Metro Edgewater LLC, an entity linked to real estate company Prodesa International LLC led by Carlos Ortiz. The structure is expected to top out at approximately 373-feet and is planned to yield 520,638 square feet including 279 residential units, 4,230 square feet of retail and a parking garage for 300 vehicles.

PMG Announces Pre-Leasing For 49-Story Society Biscayne In Downtown Miami

8:00 am on December 10, 2021 By Oscar Nunez

National real estate developer Property Markets Group (PMG) announces the start of pre-leasing for apartments at Society Biscayne, a 49-story mixed use building nearing completion at 400 Biscayne Boulevard. Soaring 571-feet in to Miami’s rapidly growing skyline, the project is developed in partnership with Toronto-based real estate private equity firm Greybrook Realty Partners and designed by Sieger Suarez Architects. Pre-leasing at the tower will begin on Friday December 9, 2021.

Demolition Permits Issued For 300 Biscayne Boulevard, Where Miami’s First Supertall Skyscraper Will Rise

8:00 am on December 7, 2021 By Oscar Nunez

Demolition permits have been issued for 300 Biscayne Boulevard, the development site of the upcoming 1,049-foot-tall Waldorf Astoria Hotel & Residences – Miami’s first skyscraper to reach supertall status. The 100-story mixed-use building is designed by Sieger Suarez Architects in collaboration with Carlos Ott, and being developed by New York City and Miami-based Property Markets Group with Canada-based Greybrook Realty Partner. The scope of work involves the full demolition of a 73-year old, 11,119-square-foot single-story structure tucked at the northwest corner of Biscayne Boulevard and Northeast 3rd Street. The BG Group is listed as the contractor for the work priced at $30,000.

Countyline Apartments Slated for 1080 Northeast 215th Street, Miami, FL, 33179

7:00 am on December 7, 2021 By Colt Dodd

Countyline Apartments is unfolding in Miami-Dade County. The project will cost just over $25 million to build, and it’s owned by Cade Capital Partners.

12|12 Aventura to Reach Completion in 2023 at 21290 Biscayne Boulevard, Aventura, FL, 33180

7:00 am on December 6, 2021 By Colt Dodd

12|12 Aventura is unfolding in Aventura, FL. The Real Deal reports that developers secured an $83.8 million construction loan on the mixed-use venture, which will reach completion by 2023.

Renderings Revealed For S-Shaped 649-Foot-Tall Tower In Miami Designed By Rafael Viñoly Architects

8:00 am on December 5, 2021 By Oscar Nunez

New renderings have surfaced of a 649-foot-tall mixed-use tower proposed for 1370 Northeast 2nd Avenue in Miami’s Arts and Entertainment District in between Park West and Edgewater. The S-shaped glass structure is designed by New York City-based Rafael Viñoly Architects, and would rise 54-stories across the street from the Adrienne Arsht Center for the Performing Arts and adjacent to the new Signature Bridge. Crescent Heights is developing the project along with Miami-Dade County’s Public Schools and Performing Arts Center, and the Miami Parking authority. The proposed plan for the project incorporates ground floor commercial uses, office spaces, a new home for Miami-Dade County Public Schools headquarters, multi-family residential units and amenities, and a parking resource serving the Arsht Center.

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