Fortune International Group

Developers Get Utilities For Planned 750-Foot-Tall St. Regis Residences Sunny Isles Beach

8:00 am on March 22, 2023 By Oscar Nunez

Fortune International Group and Château Group have signed a utility agreement allowing construction to proceed on the St. Regis Residences, a two-towered residential development planned at 18801 Collins Avenue in Sunny Isles Beach. According to county records, the utility agreement, signed on March 15, includes details of the utilities provided to the development, which will feature 336 residential units, a 6,226-square-foot full-service restaurant, and 3,970 square feet of office space. Arquitectonica is the architect alongside São Paulo-based designer Patricia Anastassiadis for interiors, and EDSA is the landscape architect.

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Developers Secure $34 Million From Bank OZK To Begin Construction On 66-Story One River Point In Downtown Miami

8:00 am on January 8, 2023 By Oscar Nunez

One River Point Partners, LLC, a joint venture partnership between New York’s KAR Properties and Miami’s Fortune International Group, has secured a $34 million loan to initiate the first phase of construction on One River Point, a twin-towered 66-story residential development planned for 24 Southwest 4th Street in Downtown Miami. Designed by the star architect Rafael Viñoly of Rafael Viñoly Architects, the pair of connected towers will contain a combined 368 condominium units, and sit immediately north of the Miami River. The property will enjoy a desirable location in the city’s epicenter being just minutes away from luxury retail shopping and entertainment areas as well as the major transportation hubs, the Port of Miami, Miami International Airport, and cultural landmarks such as the Adrienne Arsht Center and Perez Art Museum.

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Construction Breaks Ground At 1380 S. Ocean Blvd. For Ritz-Carlton Residences, Pompano Beach

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

Developers Fortune International Group and Oak Capital are pleased to announce the groundbreaking of The Ritz-Carlton Residences, Pompano Beach. Designed by Revuelta Architecture International with interior and landscape design by world-renowned designer Piero Lissoni, the property will set a new standard for full-service, resort-style living in the tri-county area, offering a collection of 205 residences across a landmark dual-tower setting. The Residences are slated for completion in 2025 and are currently over 75 percent sold. Moss Construction is the general contractor. 

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KAR Properties And Fortune International Group To Co-Develop 66-Story One River Point Designed By Rafael Viñoly

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

New York developer Shahab Karmely of KAR Properties and Miami developer Edgardo Defortuna of Fortune International Group announced a new partnership to co-develop One River Point, two connected riverfront-facing 66-story residential towers with a combined 300 units planned for 24 Southwest 4th Street in Downtown Miami. Under the One River Point Partners, LLC, the pair purchased the site from the original entity of One River Point, Miami River Project LLC, paying $58.85 million. The parcel enjoys an enviable location in the city’s epicenter, just steps from the Brickell financial district and luxury retail shopping and entertainment center, Brickell City Centre, as well as the major transportation hubs, and within minutes from Miami Beach, the Port of Miami, major international airports, and cultural landmarks such as the Adrienne Arsht Center, American Airlines Arena and Perez Art Museum.

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Fortune International Group And Blue Road Launch EB-5 Investment Opportunity For Nexo Residences In North Miami Beach

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

Miami-based Fortune International Group and Bay Harbor Islands-based Blue Road announced that Nexo Residences, a 15-story condominium project planned for construction in North Miami Beach with unrestricted home-sharing rental capabilities, is now designated for EB-5 Program investment. Located at 13899 Biscayne Boulevard, Nexo Residences is one of the first condo projects in the rapidly growing area that offers short-term rental capability without restrictions amidst its 254 residences. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott, and common areas, residential interiors, and landscaping curated by Urban Robot, the project’s well-thought, resort-style amenities are coupled with connectivity throughout to make one’s stay on the property seamless – giving meaning to the brand’s name, Nexo, which is “nexus” in Spanish, a central point for its location, lifestyle and technology. 

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