Luxury


Developers Close On $141.5 Million In Financing For NoMad Residences Wynwood

Related Group and Tricap have secured $141.5 million in financing for NoMad Residences Wynwood. The project, underway in Miami’s Wynwood Arts District, received a $51.5 million mezzanine loan from Related Fund Management and a $90 million senior construction loan from Kennedy Wilson. The nine-story condominium tower commenced construction in October 2023 following its September groundbreaking. Located at 2700 Northwest 2nd Avenue near the Wynwood Walls, the building is designed by Arquitectonica, with interiors by DesignAgency.

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Foundation Work Progresses On The Site Of Miami’s First Supertall Skyscraper

Foundation work at 300 Biscayne Boulevard, the site of the forthcoming Waldorf Astoria Hotel & Residences, has reached a significant milestone. This 100-story supertall tower, designed by Sieger Suarez Architects in collaboration with Carlos Ott, is poised to transform the downtown Miami skyline. Developed by Property Markets Group in partnership with Greybrook Realty Partners, Mohari Hospitality, S2 Development, and Hilton, the 1,049-foot-tall structure will be the tallest building in Miami and Florida’s first supertall skyscraper, encompassing 1,738,999 square feet, featuring 1,067,777 square feet of residential space, 431,776 square feet of hotel space, 13,244 square feet of retail and restaurant space, 6,171 square feet of office space, 212,803 square feet of garage space across 11 stories. John Moriarty & Associates is the general contractor overseeing the construction.

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