Tennessee-based 3H Group is moving forward with a hospitality venture in Jacksonville. The project is called Hyatt Studios, and it would measure four stories above grade and offer 122 rooms.
Property Markets Group (PMG), alongside Raven Capital Management LLC and its operating partner, RCM Living Holdings LLC, has completed a $155 million refinancing for Society Orlando, a 27-story multifamily mixed-use development at 434 North Orange Avenue. Since its completion, the development has rapidly filled its units, with the first residents moving in March.
The Federal Aviation Administration (FAA) has officially approved the height of 848 Brickell, a 51-story Class-A office and retail development in Miami’s Brickell neighborhood. Planned by Key International in collaboration with Sterling Bay, the project has been given the green light to rise 764 feet above ground, or 775 feet above mean sea level. This approval, issued on September 5, 2024, marks a significant milestone for the development designed by Skidmore, Owings & Merrill (SOM).
The construction of self-storage facilities is on the rise in Florida. Our sources point to three separate ventures intending to meet the need for these services.
The Federal Aviation Administration has issued permits for two tower cranes at 520 West Broward Boulevard in Fort Lauderdale, where Woodfield Investments plans to build a 41-story tower. The permits, issued on August 7 and expire on February 7, 2026, allow the cranes to rise 507 feet and 546 feet above ground, or 511 and 550 feet above mean sea level. The development, designed by Spina O’Rourke + Partners with landscape architecture by EDSA, will feature 365 apartments, 2,500 square feet of commercial space, and a 444-space parking garage.
