Gensler

Developers Break Ground On The Wynwood Plaza At 95 NW 29th Street In Wynwood, Miami

8:00 am on March 6, 2023 By Oscar Nunez

L&L Holding Company, Oak Row Equities, project partner Shorenstein Properties, and co-investor Claure Group have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 Northwest 29th Street in Miami’s famed Wynwood Arts District. This milestone came after securing $215 million in construction financing from Bank OZK for this dynamic project, designed by the renowned architecture firm Gensler.

Pebb Capital Breaks Ground on Sundy Village At 22 West Atlantic Avenue In Delray Beach

8:00 am on February 25, 2023 By Oscar Nunez

Real estate and private equity investment firm Pebb Capital has broken ground of Sundy Village. The milestone signifies the start of construction for the transformative mixed-use development located at the gateway of Downtown Delray Beach. On February 22, Pebb Capital, development partners, community members, and city officials gathered at the project site, 22 West Atlantic Avenue, for the official groundbreaking ceremony. Delray Beach Mayor Shelly Petrolia and Downtown Development Authority Executive Director Laura Simon were special guests at the ceremony. Bluewater Builders will serve as the general contractor, with delivery anticipated for the summer of 2024.

Developers Lock In $215 Million In Construction Financing For The Wynwood Plaza

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

L&L Holding Company and Oak Row Equities announced they have closed on $215 million in construction financing for The Wynwood Plaza, a one-million-square-foot campus that will bring class-AAA office, residential, retail, and outdoor space to 95 NW 29th Street in Miami’s famed Wynwood Arts District. The developers, alongside project partner Shorenstein Properties LLC and co-investor Claure Group, secured the loan from Bank OZK. With full project financing now in place, major construction will commence immediately, with anticipated completion in 2025.

Plans Filed For 1920 Alton Road In Miami Beach, Renderings From Gensler Revealed

8:00 am on November 7, 2022 By Oscar Nunez

An application has been filed requesting Design Review Approval for the construction of a new five-story mixed-use building at 1920 Alton Road in South Beach, Miami Beach. Designed by Gensler and developed by Alton Office Holdings II, LLC, the project would consist of approximately 25,223 square feet of Class A office space, approximately 8,284 square feet of ground floor restaurant space, 13,271 square feet of residential space split across three units, and a screened-in parking garage with 45 spaces on the second level of the building. Kimley-Horn is listed as the landscape architect and civil engineer.

Spirit Airlines Corporate Headquarters/Campus to Comprise More Than 500,000 Square Feet at 139 South Compass Way, Dania Beach, Florida

7:00 am on September 27, 2022 By Colt Dodd

Spirit Airlines has a $250 million mixed-use venture unfolding in Dania Beach, Florida. Brasfield & Gorrie LLC––Orlando broke ground on the venture in early 2021, and it plans on finishing in 2023. Spirit Airlines reports that once the project finishes, it’ll hire 225 more people.

Hines Acquires Life Time Living-Branded 495-Unit Gables Station Residential Complex In Coral Gables

8:00 am on September 5, 2022 By Oscar Nunez

Hines Global Income Trust (HGIT), an investment arm of global real estate firm Hines, acquired Gables Station, a 14-story multi-family complex designed by Gensler and located at 225 South Dixie Highway in Coral Gables, for $430 million. The development, which completed construction last year, features 495 Life Time Living® residences. This acquisition is the second largest single-asset multifamily sale in South Florida, reaffirming HGIT’s and Hines’ bullish stance on the future of the market. Since the pandemic, Hines has committed approximately $1.8 billion across three prime developments and acquisitions in South Florida. Willowick Residential, Hines’ boutique multifamily property management firm, will assume the role as property manager for the asset.

citizenM Miami World Center To Open Summer 2022 at 700 Northeast 2nd Avenue, Miami, Florida, 33132

7:00 am on April 7, 2022 By Colt Dodd

citizenM Miami World Center is scheduled to open in Summer 2022, after beginning construction in November 2019. The luxury hotel will comprise 351 rooms, requiring 127,000 square feet of new construction. Some rooms come with wall-to-wall beds, as the micro-sized rooms start at 151 square feet each.

L&L Holding & Carpe Real Estate Announce 1-Million-Square-Foot Project Following The Acquisition Of A 3-Acre Development Assemblage In Wynwood

8:00 am on January 5, 2022 By Oscar Nunez

L&L Holding Company (L&L) and Carpe Real Estate Partners (CREP) have announced that they have successfully completed the acquisition of a 3-acre assemblage for the creation of The Wynwood Plaza, a one-million square-foot multi-building mixed-use development that will bring new office, residential, retail and outdoor space to Miami’s booming Wynwood Arts District. Formerly known as 29N, the project is designed by world-renowned architecture firm Gensler and will become a major attraction and destination for Wynwood. Plans for projected to yield 260,000 square feet of office space, 509 residential units, array of indoor and outdoor dining and shopping options, a beautifully landscaped 25,000 square-foot outdoor public plaza and a parking garage with 668 car spaces and 954 bike spaces

Life Time Coral Gables. Designed by Gensler.

1.2-Million-Square-Foot ‘Life Time Coral Cables’ Mixed-Use Development Reaches Completion And Opens To The Public

8:00 am on August 13, 2021 By Oscar Nunez

Minnesota-based Developer Nolan Reynolds International (NRI) and health club chain Life Time Fitness have reached completion on Life Time Coral Gables, a 1.2-million-square-foot mixed-use project at 237 South Dixie Highway and 225 South Dixie Highway in Coral Gables, Florida. Designed by Gensler, the $500 million development rises 14-stories and sits parallel to train tracks leading up to the nearby Douglas Road Metrorail Station, yielding 495 high-end luxury apartments, an 80,000-square-foot athletic resort, 25,000 square feet of co-working office space and 105,000 square feet of ground floor retail.

Renderings Revealed For Massive Mixed-Use Development Titled 29N At 95 Northwest 29th Street In Wynwood, Miami

8:00 am on July 4, 2021 By Oscar Nunez

The Wynwood Design Review Committee has received applications seeking approvals for 29N, a 964,963-square-foot mixed-use development in the Wynwood Arts District on a 2.9-acre site. Developed by New York City-based developers L&L Holding Company and Carpe Real Estate Partners, the building will be comprised of two interconnected structures of 8 and 12 stories spanning two transect zones addressed as 95 Northwest 29th Street. Gensler is responsible for the design of the project, which will yield 523 residential units, 26,372 square feet of commercial space, 200,618 square feet of office space and 668 parking spaces.

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