Commercial

Developers Land Construction Financing For 33-Story AER Project In Downtown Tampa

8:00 am on April 5, 2022 By Oscar Nunez

American Land Ventures (ALV), a Miami-based real estate developer, and development partner Gazit Horizons Inc., the American arm of Israeli-based Gazit Globe Ltd., have landed a construction loan of over $113 million from BMO Harris Bank NA to build AER, a mixed-use development soon to go vertical at 3oo West Tyler Street in Downtown Tampa. Designed by Miami-based Cube3 with Coastal Construction named as the general contractor, the development will yield a 33-story, 346-foot-tall tower with 344 residential units and a connected 10-story structure with over 10,000 square feet of retail space and 504 parking spaces.

Miami Worldcenter Launches $5M Public Art Program in Downtown Miami

8:00 am on April 4, 2022 By Oscar Nunez

Miami Worldcenter, the 27-acre ‘city within a city’ transforming the heart of Downtown Miami, is teaming up with international art dealer and curator Jeffrey Deitch who will spearhead the overarching curatorial vision for the $4 billion mixed-use development’s public art program. Deitch will collaborate with Primary, a Miami-based curatorial collective with a focus on public works, to bring Miami Worldcenter’s aesthetic vision to life.

Renderings Revealed For 8-Story Mixed-Use Building Designed By Arquitectonica At 2700 NW 2nd Avenue In Wynwood, Miami

8:00 am on April 3, 2022 By Oscar Nunez

Renderings have been revealed for a newly proposed development at 2700 Northwest 2nd Avenue in Wynwood, Miami. PRH G40 Property Owner, LLC, a joint venture between Related Group, Tristar Capital, LNDMRK Development and Tricera Capital, has filed plans for an 8-story mixed-use building with the Wynwood Design Review Committee to be reviewed on April 12, 2022. The proposed plans include a 95-foot-tall, 363,363-square-foot structure containing 329 dwelling units, 18,452 square feet of commercial space and 206 parking spaces with 24 bicycle rack spaces. The architect is leading global design firm Arquitectonica with Coral Gables-based Naturalficial as the landscape architect.

Concord Summit Capital Closes $16 Million In Financing For Delray Beach Shopping Center At 14802 S. Military Trail

7:30 am on April 3, 2022 By Oscar Nunez

Concord Summit Capital, LLC (Concord Summit) arranged a $16 million bridge loan to refinance and expand the Bed Bath & Beyond Plaza located at 14802 South Military Trail in Delray Beach, Florida. The sponsor, Berta Management of Florida, will use the money to construct a new Starbucks store, provide for capital improvements and pay off existing debt.

FAA Permits Filed For 454-Foot-Tall Skyscraper At 1000 N. Orange Avenue In Orlando

8:00 am on April 2, 2022 By Oscar Nunez

An obstruction evaluation study is currently underway at the Federal Aviation Administration (FAA) for a 454-foot-tall skyscraper at 1000 North Orange Avenue in the northern section of Downtown Orlando’s Central Business District. The four coordinates submitted to the FAA align with a vacant 1.474-acre site that sits on the southwest frontage of the intersection between North Orange Avenue and North Garland Avenue, also bound by West Marks Street and SunRail tracks on the south end of the block. According to the Orange County property records, the land is owned by a Hallandale Beach-based entity registered as Mustang Orange Garland LLC (Mustang) managed by Aaron Churba and Mike Daiagi. The entity, which is linked to a number of other financial and investment entities using the Mustang moniker, has owned the property since January 2005 after purchasing it from Orange Garland Realty Ent LLC for a $3,000,000.

Related Companies Applies For Two Tower Cranes At 575 South Rosemary Avenue In West Palm Beach

8:00 am on March 30, 2022 By Oscar Nunez

The Federal Aviation Administration received applications for permits to assemble two towers cranes for the construction of 575 Rosemary, a 21-story mixed-use tower to be developed at 575 South Rosemary Avenue in West Palm Beach by New York’s Related Companies, encompassing over 500,000 square feet of new construction including 364 state-of-the-art luxury residences, ground floor commercial space and parking. The project is designed by Boston-based Elkus Manfredi Architects and Omaha-based Leo A. Daly with Meyer Davis leading interior design. The new structure will rise in the heart of The Square, an upscale Mediterranean and Venetian-themed mixed-use complex owned by Related, offering residents easy access to the best of West Palm Beach’s local arts, culture and wellness programming, as well as entertainment and shopping corridors in the downtown area.

Florida East Coast Realty To Renovate Their Office Towers At 1101 Brickell Avenue To Meet Growing Demand

7:30 am on March 23, 2022 By Oscar Nunez

Florida East Coast Realty (FECR) is planning to invest $12 million in renovations to its office towers at 1101 Brickell Avenue in Miami’s Financial District, including a new grand lobby, flagship restaurant, extensive fiber optic connectivity, and 24-hour security. Located immediately West of Miami’s currently tallest skyscraper – the 85-story Panorama Tower also owned and built by FECR – the office towers are bound by Brickell Avenue on the West, Southeast 11th Street on the South and Southeast 10th Street on the northern end of the city block.

Miami Worldcenter Reaches Milestone With The Completion Of Block H

8:00 am on March 22, 2022 By Oscar Nunez

The 27-acre Miami Worldcenter mega project, has reached a new milestone in construction with the completion of Block H, adding to the residential, retail and parking components on the $4 billion mixed-use development reinvigorating the Park West neighborhood of Downtown Miami. Block H is comprised of 50,000 square feet of prime street-level and rooftop retail space, and a 922-space public parking garage fronting Northeast 7th Street, between Northeast 1st and 2nd Avenues. A portion of the structure’s rooftop is also home to a resort-style amenity deck serving Bezel Miami, a recently completed 43-story luxury rental tower developed next door by the Moinian Group in collaboration with ZOM Living. Miami Worldcenter was envisioned and master planned by Miami Worldcenter Associates, a joint venture led by Principal Art Falcone and Managing Partner Nitin Motwani in partnership with CIM Group.

Construction Continues on 95,000-Square-Foot Data Center in Eatonville, FL

7:00 am on March 21, 2022 By Colt Dodd

Construction is continuing on HostDime Data Center’s new headquarters in Eatonville, Florida. The $25 million project broke ground in early 2021, with Robins & Morton Group operating as the general contractor. Upon completion, the seven-story building requires about 95,000 square feet of new construction.

Phase One Of PMG’s Society Orlando Nears Topping Out At 434 North Orange Avenue

8:00 am on March 19, 2022 By Oscar Nunez

Construction is nearing the final floors on phase one of Society Orlando, a two-towered mixed-use development of 26 and 16 stories at 434 North Orange Avenue in the Central Business District of Downtown Orlando. The project is designed by Orlando’s very own Baker Barrios and is being developed by national real estate developer Property Markets Group (PMG) alongside New York City-based investment firm Raven Capital Management. John Moriarty & Associates is managing the development’s construction, which will ultimately yield 707 residential units between both towers and 36,000 square feet of ground floor commercial space. The first phase of construction is comprised of the taller, approximately 350-foot-tall tower rising along West Livingston Street with 462 units.

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