Construction

OKO Group And Cain International Get $97.2 Million In Construction Financing For 34-Story One River In Fort Lauderdale

8:00 am on July 8, 2022 By Oscar Nunez

OKO Group and Cain International have secured $97.2 million in construction financing for their next joint venture development: One River, a new 34-story luxury multifamily tower located addressed as 629 Southeast 5th Avenue in Fort Lauderdale, Florida. Financing is broken down into two loans, a senior construction loan provided by Bank OZK, and a mezzanine construction loan provided by JVP Management, which will fund the construction of the tower. One River will encompass 251 high-end apartments and 2,600 square feet of ground level retail space. Vertical construction is scheduled to begin this summer, with delivery expected September 2024.

Woodfield Investments Proposes 41-Story Mixed-Use Tower In Downtown Fort Lauderdale

8:00 am on May 9, 2022 By Oscar Nunez

Fort Lauderdale’s Development Review Committee will review site plans for a new construction 41-story mixed-use building at 520 West Broward Boulevard. The 0.79-acre property is located in the Sailboat Bend neighborhood within the City’s Downtown Core, nestled in between Southwest 5th and 6th Avenues south of West Broward Boulevard. Designed by West Palm Beach-based Spina O’Rourke + Partners with EDSA as the landscape architect and developed by Virginia-based Woodfield Investments LLC, the project comprises of 365 residential units, 2,500 square feet of ground level commercial space, an amenity deck with 53,165 square feet of space and 444 parking spaces. Flynn Engineering is onboard as the civil engineer along with Maser Consulting as the surveyor and Lighting Dynamics Inc. for lighting purposes.

ANF Group Inc. Selected As General Contractor For 15,000-Square-Foot Theatre Arts Building At University Of Miami’s Coral Gables Campus

8:00 am on April 11, 2022 By Oscar Nunez

Davie, Florida-based ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services, has been selected as the general contractor for the construction of a new 15,000-square-foot ground up Theater Arts Building on the University of Miami’s Coral Gables Campus. Designed by Miami-based Mateu Architecture, the 2-story building will feature a theatre, concessions, wardrobe and dressing rooms, acting and dance classrooms, voice studios, a student lounge, and supporting spaces. A 1,000-square-foot IT Hub/Data Room will also be located within the space program of the new Theater Arts building. The project is currently in the pre-construction stages, and is expected to break ground in the third quarter of 2022.

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.

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

8:00 am on March 23, 2022 By Oscar Nunez

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.

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

8:00 am on March 18, 2022 By Oscar Nunez

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.

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

7:30 am on January 29, 2022 By Oscar Nunez

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.

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

8:00 am on December 24, 2021 By Oscar Nunez

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.

Permits Issued For Another 40-Story Tower At Miami Worldcenter In Park West, Downtown Miami

8:00 am on December 22, 2021 By Oscar Nunez

Construction permits have been issued for 697 North Miami Avenue, a 40-story mixed-use building planned to rise behind the 43-story Caoba tower at the 27-acre Miami Worldcenter development in Park West, Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed by the CIM Group, the structure would rise 413-feet as part of the second phase of Block G. Plans for the second tower include 473,330 square feet of new construction with up to 411 residential units and 4,103 square feet of retail space. There would be no need for additional parking as the building will share the garage already attached to Caoba. Kaufman Lynn Construction, Inc. is listed as the general contractor.

PMG Announces Pre-Leasing For 49-Story Society Biscayne In Downtown Miami

8:00 am on December 10, 2021 By Oscar Nunez

National real estate developer Property Markets Group (PMG) announces the start of pre-leasing for apartments at Society Biscayne, a 49-story mixed use building nearing completion at 400 Biscayne Boulevard. Soaring 571-feet in to Miami’s rapidly growing skyline, the project is developed in partnership with Toronto-based real estate private equity firm Greybrook Realty Partners and designed by Sieger Suarez Architects. Pre-leasing at the tower will begin on Friday December 9, 2021.

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