Commercial


Miami River. Designed by Kobi Karp.

Chetrit Group Lands $310 Million Loan From Madison Realty Capital For The Kobi Karp-Designed 6.2-Acre Miami River Mega Project

The Chetrit Group’s vision for the 6.2-acre Miami River may finally come to fruition after landing a loan to begin construction. The New York City-based developer was granted $310 million in financing from Madison Realty Capital for the first two phases of the 4.2 million-square-foot mega project in Brickell, which is comprised of building the first of four towers and the additions and improvements to the riverwalk. The deal was arranged by Henry Bodek of Galaxy Capital Group, and is collateralized by the land for the last three phases. Kobi Karp is the architect for development, which will ultimately yield 1,928 residential units, 330 hotel rooms, 196,882-square-feet of retail space, and 98,040-square-feet of office space across multiple glass-clad towers along with boat slips, an outdoor theater, a residents lounge, a business center, a state-of-the-art gym, a pool, and a café.

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Proposals Reveal A 15-Story Hotel With 132 Units In Fort Lauderdale

The Development Review Committee of the City of Fort Lauderdale is now reviewing proposals for 2025 East Sunrise Boulevard, a 15-story commercial building near Victoria Park and Lake Ridge neighborhoods. The development would rise on a vacant 18,949-square-foot lot west of the Middle River, bound by the East Sunrise Boulevard bridge crossing into Coral Ridge on the south and the East Point Towers residential complex on the north and west along North Federal Highway. The project is designed by Miami-based Beilinson Gomez Architects and being developed by Sunrise 2025 LLC, planned to yield 132 hotel units with 108 parking spaces.

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Final Touches Underway For Moinian Group’s 43-Story Bezel At Miami Worldcenter

The final touches are underway at Bezel, a 43-story mixed-use building located within the 27-acre Miami Worldcenter Complex in Downtown Miami’s Park West district. Designed by Stantec and developed by New York City-based Moinian Group in collaboration with ZOM Living, the  493-foot-tall structure nears completion, addressed as 650 Northeast 2nd Avenue and yielding 434 residential units with ground floor commercial space. The project is scheduled to open to residents on December 15th as leasing efforts are well underway.

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