John Moriarty & Associates

Related Group And GTIS Partners Secure $328M Construction Loan From Bank OZK For 75-Story Baccarat Residences Miami

8:00 am on April 2, 2024 By Oscar Nunez

Related Group and GTIS Partners have secured a $328 million construction loan for the Baccarat Residences Miami, a 75-story luxury condominium tower at the gateway of Brickell Avenue. The financing, arranged by Berkadia South Florida, supports the development of the 848-foot-tall skyscraper, which is currently under construction at 99 Southeast 5th Street and is expected to be completed in early 2028. Over 95 percent of the residences have been sold since the launch in late 2021. John Moriarty & Associates is the general contractor.

Ytech Reaches Sales Milestone For The Residences At 1428 Brickell Project While Securing $104 Million In Financing.

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

Ytech has surpassed significant financial and sales milestones for The Residences at 1428 Brickell, securing $104 million in financing and exceeding 40% in sales within a year. Designed by Arquitectonica, with interiors by ACPV Architects and landscaping by Arquitectonica GEO, this 70-story, 860-foot-tall development positioned at one of Brickell Avenue’s most coveted locations, reflects a strong demand for its exclusive 189 residences. This financial infusion, arranged by Linkvest Capital with $78 million in refinancing for the first mortgage and an additional $26 million in first mortgages from Banesco for 1500 and 1548 Brickell Avenue, propels the development into its subsequent phases, including demolition and construction. John Moriarty & Associates is the general contractor.

Miami’s Building Department Issues Phased Vertical Permit For 100-Story Supertall ‘Waldorf Astoria Hotel & Residences’

8:00 am on January 28, 2024 By Oscar Nunez

The Miami Building Department has issued a phased vertical construction permit for the Waldorf Astoria Hotel and Residences, a 100-story supertall mixed-use skyscraper under construction at 300 Biscayne Boulevard in downtown Miami. Designed by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott and developed by Property Markets Group in partnership with Greybrook Realty Partners, Mohari Hospitality, S2 Development, and Hilton, the soaring tower, designed in the form of nine stacked offset glass cubes, will be the first to achieve supertall status in Miami and the state of Florida. The phased permit, approved on January 10, outlines the specifics of the new construction valued at $426 million, making a significant step forward for the project since its groundbreaking in late 2022.

Ytech Commences Demolition of Site For The Residences at 1428 Brickell

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

Miami-based real estate development firm Ytech has begun the demolition of the existing structure at 1428 Brickell Avenue, marking the first step in the development of the 70-story luxury high-rise condominium, The Residences at 1428 Brickell. Ytech, having acquired this now-vacant property in January 2017, is replacing what was once a 100,000-square-foot office space. The demolition is being conducted by John Moriarty & Associates (JMA), a renowned construction team. This pivotal step in the project, which features design by Arquitectonica, interiors by ACPV Architects, and landscaping by Arquitectonica GEO, is significant in realizing The Residences at 1428 Brickell. This development adds to Ytech’s momentum in the real estate sector following the recent approval of 75 Broadway by Miami’s Planning & Zoning department.

The Edge Breaks Ground at 225 South Garland Avenue, Orlando, Florida, 32801

7:00 am on July 27, 2023 By Colt Dodd

The Edge in Orlando, Florida, the venture has officially broken ground. Measuring 32 stories, the mixed-use high-rise tower will comprise more than 200,000 square feet of new construction, offering more than 230 residences and 198,000 square feet of office space.

Society Las Olas Second Phase Planned for 140 SW 2nd St., Fort Lauderdale, Florida

7:00 am on July 20, 2023 By Colt Dodd

As it stands, Society Las Olas stands 42 stories above grade and offers 693 residential units. Now, developer PMG and Greybrook Realty Partners have secured finances for the construction of a second phase.

Foundation Pour Completed at E11EVEN Hotel & Residences’ First Phase

8:00 am on July 4, 2023 By Oscar Nunez

On June 23, E11EVEN Hotel & Residences achieved a significant milestone in its construction by completing an impressive foundation pour. Developed by E11EVEN Partners and Property Markets Group, this luxury dual-tower project in Downtown Miami continues to make remarkable progress. Led by general contractor John Moriarty & Associates, the foundation pour was a remarkable feat, made possible by the collaborative efforts of several companies. Fly & Form, Cemex, West Wind, and Florida Concrete Unlimited played pivotal roles in completing the concrete pour. Working in harmony, these companies contributed their expertise and resources to ensure the precise and efficient delivery of concrete, laying a solid foundation for this ambitious development. Over 16 hours, an astounding 6,700 cubic yards of concrete were poured, a testament to the dedication and skill of all involved. This achievement marks a significant step forward in the realization of E11EVEN Hotel & Residences, promising an exceptional addition to the vibrant landscape of Downtown Miami.

Tower Crane Permits Filed For Waldorf Astoria Hotel & Residences Supertall In Downtown Miami

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

Tower crane permits have been filed for 300 Biscayne Boulevard, marking a significant step forward in the construction of Miami’s 100-story Waldorf Astoria Hotel & Residences. This supertall tower, designed by Sieger Suarez Architects in collaboration with Carlos Ott, is being developed by a consortium of high-profile partners. These include national developer Property Markets Group, Canadian private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton, with John Moriarty Associates as the general contractor.

E11EVEN Residences Beyond Breaks Ground Following $262M Construction Loan

8:00 am on June 5, 2023 By Oscar Nunez

Property Markets Group and E11EVEN Partners have secured a hefty $262 million construction loan and turned the first dirt on their second tower, E11EVEN Residences Beyond. This significant step forward paves the way for adding a remarkable 700-foot, 65-story skyscraper to Miami’s skyline, set to rise at 90 Northeast 11th Street in District 11 at Park West. Sieger Suarez Architects design the project, which will contain 550 residential units featuring interior design by AvroKO. John Moriarty & Associates is the general contractor.

Exterior Work On Society Orlando Phase One Approaches The Final Stages In Downtown Orlando

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

Exterior work is approaching the final stages on the first phase of Society Orlando, a two-towered, 1.5-million-square-foot mixed-use development located at 434 North Orange Avenue in Downtown Orlando. Designed by Baker Barrios and developed by a joint venture partnership between Property Markets Group and Raven & Company, the complex will yield 704 rental apartments paired with over 100,000 square feet of amenities, 33,000 square feet of retail space and nearly 900 parking spaces within a 5-story podium. The first phase of the development will offer 484 residential units spread throughout a 28-story structure topped out at 350 feet, making it the 9th tallest building in Orlando. John Moriarty & Associates is the project’s general contractor, located on the northwest corner of the cross between North Orange Avenue and West Livingston Street.

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