Coastal Construction

Naftali Group Breaks Ground On 67-Story JEM Private Residences At Miami Worldcenter

8:00 am on April 11, 2024 By Oscar Nunez

Naftali Group has officially broken ground on JEM Private Residences, a 67-story condominium development located at 1016 Northeast 2nd Avenue in Miami Worldcenter. Designed by the Miami-based architecture firm Arquitectonica and the New York City-based interior design firm Rockwell Group, the building will rise over 700 feet and feature 259 condo units on the upper levels, 530 multi-family units on the lower levels, ground-floor commercial space, and 591 parking spaces. The development has swiftly moved from market entry to construction commencement in under five months, establishing a record pace for South Florida. This marks a significant milestone in Naftali Group’s expansion into Florida, as JEM Private Residences aims to set a new standard for quality in the region. OneWorld Properties is the exclusive brokerage, with Coastal Construction as the general contractor. DeSimone Consulting Engineering is the structural engineer, and MG Engineering D.P.C. is the MEP engineer.

Oak Row Equities Closes $181M Construction Loan From Bank OZK For 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on March 17, 2024 By Oscar Nunez

Oak Row Equities has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily tower in Miami’s rapidly-maturing Edgewater submarket. This transaction is one of the largest mixed-used construction loans to close in South Florida in the past year. Newmark’s Dustin Stolly, Jordan Roeschlaub, Chris Kramer, and Daniel Matz arranged the financing. Remarkably, 50% of 2600 Biscayne’s office and retail space was pre-leased before breaking ground, marking it as one of Miami’s most pre-leased new construction office buildings.

62-Story Bentley Residences Breaks Ground At 18401 Collins Avenue In Sunny Isles Beach

8:00 am on March 4, 2024 By Oscar Nunez

Dezer Development has initiated construction on the Bentley Residences, the first-ever Bentley Motors branded residences worldwide. Situated at 18401 Collins Avenue in Sunny Isles Beach, this 62-story development occupies a 2.37-acre site along the beachfront. Designed by Sieger Suarez Architects with interiors by Michael Wolk Design, the 749-foot-tall tower is set to house 216 luxury units, with over 40% already sold. The tower’s design reflects Bentley Motors’ distinct elegance and sophistication, showcased through unique glasswork and diamond-shaped panels. Douglas Elliman and Dezer Platinum Realty spearhead the marketing and sales campaigns.

LD&D Announces Element by Westin for $200 Million Cass Square Mixed-Use Development in Downtown Tampa

8:00 am on January 19, 2024 By Oscar Nunez

LD&D, a Miami-based developer, recently unveiled the hotel brand for its $200 million mixed-use project in downtown Tampa. The development, situated on a 2-acre site at 1101 East Harrison Street in Tampa’s Encore district, will feature a 178-key hotel, announced as an Element by Westin. LD&D is collaborating with Dynamic Group Management on this 10-story hotel development.

Coastal Construction Tops Off Event Campus At The Concours Club Within Miami-Opa Locka Executive Airport

8:00 am on January 17, 2024 By Oscar Nunez

Coastal Construction Group, one of the largest general contractors in the Southeast, has announced the topping-out of the highly anticipated Event Campus at The Concours Club, the exclusive, members-only motorsport and luxury lifestyle resort. The Concours Club is located at One Concours Way within the Miami-Opa Locka Executive Airport, minutes from the heart of Miami.

Two Roads Development Files Permit Application For Vertical Construction Of EDITION Residences, Miami Edgewater

8:00 am on December 10, 2023 By Oscar Nunez

A permit application for vertical construction has been filed for EDITION Residences, a 56-story bayfront luxury condominium building poised to rise at 2121 North Bayshore Drive in Edgewater, Miami. Designed by Arquitectonica and featuring acclaimed interiors by Studio Munge, the striking 649-foot-tall sleek glass tower will house bespoke condominium units and will boast over 800 linear feet of bay frontage, embodying the distinctive quality of design, services, and amenities synonymous with the EDITION brand. TRD BISCAYNE LLC, an affiliate of Two Roads Development, is named the applicant, with Coastal Construction as the general contractor.

New Renderings Reveal Changes To Facade For HUB Miami At 525 NW 2nd Avenue In Downtown Miami

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

Updated renderings have been revealed for HUB Miami, a 41-story mixed-use building at 525 Northwest 2nd Avenue in Downtown Miami. Designed by ODP Architecture & Design with interiors by One Line Design Studio, and developed by a joint venture between The John Buck Company, Florida Value Partners, BH Group, and PEBB Enterprises, the 523-foot-tall structure will span approximately 727,726 square feet of space, including 306 condominium units, 245,000 square feet of Class-A office space, over 7,000 square feet of retail, and a 6-story parking garage integrated into the podium. NW MIAMI OWNER LLC is listed as the owner of the property and applicant for construction permits, and Coastal Construction is the general contractor.

Pendry Residences Tampa Starts Construction at 100 N., Ashley Dr, Tampa, FL, 33606

7:00 am on November 7, 2023 By Colt Dodd

Pendry Residences Tampa is officially under construction in Hillsborough County. The 39-story hotel/condo will host 220 guest rooms and 207 high-end condos. Our sources indicate that the venture’s expected to open in 2026. The groundbreaking ceremony took place the last week of October.

Construction Tops Out On Doral City Place 7 Mixed-Use Project At 8450 NW 85th Court In Doral

8:00 am on September 19, 2023 By Oscar Nunez

Coastal Construction has topped off construction on Doral City Place 7, a state-of-the-art commercial and residential complex located at 3450 Northwest 85th Court in the City of Doral. Designed by MSA Architects with interiors by One Line Design Studio and developed by Lincoln Property Company, the mixed-use development will consist of 391 apartment units within an eight-story residential tower, complemented by two courtyards, numerous retail spaces, and grand lobbies on the ground levels. The amenities include a pool, gym, cabanas, and sky lounge for residents’ use on the top floor. The building will also feature a parking garage with a connecting bridge to the Doral City Place complex.

Fortune International Group And Château Group Break Ground On The St. Regis Residences, Sunny Isles Beach

8:00 am on September 4, 2023 By Oscar Nunez

Fortune International Group and Château Group have broken ground on The St. Regis Residences, Sunny Isles Beach, which will be the tallest residential towers on the ocean in Sunny Isles Beach at 750 feet, positioned along 435 linear feet of pristine beach. Designed by the visionary architecture firm Arquitectonica, the residences boast interiors envisioned by acclaimed São Paulo-based designer Patricia Anastassiadis and landscape design by EDSA, offering the unique opportunity for an elevated lifestyle in one of South Florida’s most sought-after destinations. Coastal Construction will lead the construction of the project. The eagerly anticipated South Tower, the first to be completed, will showcase a collection of 175 luxurious residences.

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