Two developers have proposed a 21-story hotel/condo in Miami-Dade County. Urban Network Capital Group (UNCG) and Vertical Development hope to get approval for an unnamed high-rise that would offer 180 rooms, measuring about 400 square feet to 2,130 square feet each.
Construction commenced on The CenterPointe, a luxury housing complex, right before the start of the new year. The complex will offer 401 Class A residences. The seven-story building will rest on a 4.3-acre build site. It will also host a two-story parking garage.
Miami-based CMC Group, led by real estate developer Ugo Colombo, has obtained a $239 million construction loan from Bank OZK to develop Vita at Grove Isle. This luxury condominium project, currently under construction at 5 Grie Isle Drive on the private island of Grove Isle, near Miami’s Coconut Grove, will consist of a seven-story building with 65 waterfront residences, each boasting panoramic bay views and high-quality finishes. The project, which broke ground in April 2023, is progressing with vertical construction and is slated for completion by late 2025.
Developers have surpassed a key milestone regarding the Marina Club Apartments. The multi-family development will offer 400 Class A units in an eight-story building.
Florida YIMBY has learned that developer Menesee Brickell LLC has refinanced Menesse Brickell, a high-rise venture in Miami. The 39-story project will measure 426 feet tall, offering 400 residences and 415 parking spots.
