Coastal Construction

$35 Million Financing Secured for JEM Private Residences at 1016 NE 2nd Avenue in Miami Worldcenter

8:00 am on August 16, 2024 By Oscar Nunez

BHI, the U.S. division of Bank Hapoalim and a full-service commercial bank, announced the provision of $35 million in predevelopment financing to Naftali Group for JEM Private Residences, a 67-story mixed-use tower planned for 1016 Northeast 2nd Avenue in Miami, Florida. The over 700-foot-tall development will include 259 condominium units, 530 multifamily rental units, 3,259 square feet of ground-floor retail space, and 283,863 square feet dedicated to parking.

Construction Completes on Onda Residences at 1135 103rd Street in Miami’s Bay Harbor Islands

8:00 am on August 1, 2024 By Oscar Nunez

Construction on Onda Residences, an 8-story residential condominium designed by Arquitectonica in Miami’s Bay Harbor Islands, is complete upon receiving its Temporary Certificate of Occupancy (TCO). This milestone marks the delivery of the boutique waterfront tower located at 1135 103rd Street as owners move forward with unit closings and prepare to move into the building. Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties are the developers. Coastal Construction served as the general contractor.

General Contractor Selected for Next Phases of Marina Pointe in Tampa Bay’s Westshore Marina District

8:00 am on July 31, 2024 By Oscar Nunez

Coastal Construction has been selected to lead the pre-construction planning for the next phases of Marina Pointe at Westshore Marina District in Tampa Bay. This three-tower waterfront development aims to expand upscale residential options in the area. The second tower is planned to commence construction later this year, adding 151 condos ranging from 1,100 to 3,300 square feet. Prices for these one- to four-bedroom residences will start in the high six figures and go up to several million dollars. Additionally, seven Harbour Homes, each approximately 3,300 square feet, will be part of this phase. Marina Pointe, situated on a private peninsula, is a key feature of the 52-acre Westshore Marina District, providing residents with easy access to shopping, dining, green trails, boating, and water sports.

Developers complete residential component for Sawyer’s Walk at 249 NW 6th Street in Overtown, Miami

8:00 am on July 26, 2024 By Oscar Nunez

SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, has completed the housing component of Sawyer’s Walk at Located at 249 Northwest 6th Street in Overtown, marking it as the largest affordable senior living community in the US within the last decade. The mixed-use development includes 1.5 million square feet of space, featuring 578 residential units for low-income seniors, 175,000 square feet for retailers, a 25,000-square-foot public plaza, and 130,000 square feet of office space for MSC Group’s North American cruise division headquarters.

Terrazul Student Housing at FIU Receives Temporary Certificate of Occupancy

8:00 am on June 19, 2024 By Oscar Nunez

Temporary Certificate of Occupancy (TCO) has been approved for Terrazul, a new student housing development for Florida International University (FIU). Developed by AARE Sunbelt, an affiliate of Adam America Real Estate, and JW Capital Management, the project is located at 700 Southwest 107th Avenue in the University City district. Coastal Construction Group served as the general contractor, and Niles Bolton Associates is the architect.

Construction Tops Off On Selene Oceanfront Residences In Fort Lauderdale Beach

8:00 am on June 12, 2024 By Oscar Nunez

Construction has topped off on Selene Oceanfront Residences, a 26-story dual-tower condominium at 151 North Seabreeze Boulevard in Fort Lauderdale Beach. Designed by Kobi Karp Architects, with interiors by ID & Design International and developed by Kolter Urban, the 194-unit condominium development will offer panoramic views of the Atlantic Ocean, Intracoastal, and city skyline. Coastal Construction is the general contractor for the project, which is scheduled for completion in Q2 2025.

77-Unit ‘Aqua’ Starts Construction at 5505 Bowen Daniel Drive, Tampa, Florida

7:00 am on May 4, 2024 By Colt Dodd

Construction has officially started on Aqua, a 77-unit community in Tampa. The three-tower venture will occupy a 6.1-acre lot, with the towers facing west to “maximize sunset views.”

Oak Row Equities Officially Breaks Ground On 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on April 23, 2024 By Oscar Nunez

Oak Row Equities has broken ground on 2600 Biscayne Boulevard, a 41-story tower in Miami’s Edgewater neighborhood that will offer a mix of multifamily residences and office spaces. Coastal Construction Group is tasked as the project’s general contractor. The design is spearheaded by the internationally acclaimed architecture firm Arquitectonica, with interiors by Portland-based Vida. The building’s design will incorporate an original public artwork by artist Derrick Adams. The project has successfully pre-leased half of its commercial space and has obtained a construction loan of $181 million from Bank OZK, reflecting the project’s significant scale within South Florida’s real estate landscape.

Naftali Group Breaks Ground On 67-Story JEM Private Residences At Miami Worldcenter

8:00 am on April 11, 2024 By Oscar Nunez

Naftali Group has officially broken ground on JEM Private Residences, a 67-story condominium development located at 1016 Northeast 2nd Avenue in Miami Worldcenter. Designed by the Miami-based architecture firm Arquitectonica and the New York City-based interior design firm Rockwell Group, the building will rise over 700 feet and feature 259 condo units on the upper levels, 530 multi-family units on the lower levels, ground-floor commercial space, and 591 parking spaces. The development has swiftly moved from market entry to construction commencement in under five months, establishing a record pace for South Florida. This marks a significant milestone in Naftali Group’s expansion into Florida, as JEM Private Residences aims to set a new standard for quality in the region. OneWorld Properties is the exclusive brokerage, with Coastal Construction as the general contractor. DeSimone Consulting Engineering is the structural engineer, and MG Engineering D.P.C. is the MEP engineer.

Oak Row Equities Closes $181M Construction Loan From Bank OZK For 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on March 17, 2024 By Oscar Nunez

Oak Row Equities has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily tower in Miami’s rapidly-maturing Edgewater submarket. This transaction is one of the largest mixed-used construction loans to close in South Florida in the past year. Newmark’s Dustin Stolly, Jordan Roeschlaub, Chris Kramer, and Daniel Matz arranged the financing. Remarkably, 50% of 2600 Biscayne’s office and retail space was pre-leased before breaking ground, marking it as one of Miami’s most pre-leased new construction office buildings.

Pages: 12345678910

Fetching more...