Construction

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

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.

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FAA Approves Heights For St. Regis Residences In Sunny Isles Beach

The Federal Aviation Administration has issued building permits to developers Fortune International Group and Château Group for St. Regis Residences in Sunny Isles Beach, a pair of 62-story ultra-luxury residential towers planned for 18801 Collins Avenue. Designed by Arquitectonica with interiors by São Paulo-based Anastassiadis and landscaping by EDSA, the towers would yield a combined estimate of 374 residential units and approximately 70,000 square feet of amenities, and would rise along the coveted strip of luxury high rises on Collins Avenue in between the Intracoastal Waterway and Atlantic Ocean.

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Mast Capital And Starwood Capital Group Launch Reservations For The Perigon In Miami Beach

Reservations have launched for The Perigon, a 17-story ultra-luxury condominium development set to rise at 5333 Collins Avenue along the stretch between Indian Creek and the Atlantic Ocean on the sands of Miami Beach. Designed by Dutch architect Rem Koolhaas, founder of internationally acclaimed firm OMA New York and developed between Miami-based Mast Capital and Miami Beach-based Starwood Capital Group, The Perigon will become one of the most recognizable buildings in the Mid Beach neighborhood and will feature 82 spacious two- to four-bedroom residences elegantly designed by Tara Bernerd & Partners spanning 2,100 to 6,700 square feet. Landscape architecture firm Gustafson Porter+Bowman will surround the development with lush gardens and serene water features. 

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CI Financial Corp Leases Additional Space At OKO Group’s 55-Story 830 Brickell Office Tower

Canadian asset and wealth management firm CI Financial Corp has doubled the size of its planned office space at 830 Brickell, a 55-story Class A-plus office building under construction in the heart of Miami’s Brickell Financial District designed by renowned architecture firm Adrian Smith + Gordon Gill, with interiors by Italian architecture and design company Iosa Ghini Associati. Just months after signing a 20,000 square-foot lease that will house the firm’s U.S. headquarters, CI Financial has expanded with an additional floor. The new office will total approximately 40,000 square feet. The firm’s expansion further solidifies 830 Brickell as the address of choice for financial, professional services, and global firms looking to establish or grow their presence in South Florida. The 724-foot-tall tower, which is being developed by a joint venture between OKO Group and Cain International, is expected to top out soon and is slated for completion later this year with Civic Construction as the general contractor.

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Interior Demolition Permits Filed For 1809 Brickell Avenue, The Future Site Of The St. Regis Residences Miami

Interior demolition permits have been filed for a 17-story residential building located at 1809 Brickell Avenue in Brickell, Miami. Completed in 1966, the building is known as the Stanley Axelrod UTD Towers and spans 211,121 square feet of space across 272 dwelling units. Related Group is listed as the owner of the permit application, who is redeveloping the 137,702-square-foot site along with Integra Investments. A contractor has not been listed as of yet, but the approximate cost for the work is $50,000 to demolish 6,200 square feet of interior space.

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