Luxury

JDS Development Group Lands $86 Million In Financing For 64-Story Mixed-Use Development At 1 Southside Park

8:00 am on June 15, 2022 By Oscar Nunez

New York and Miami real estate developer JDS Development Group (JDS) announced that it has secured an $86,000,000 acquisition and construction loan from New York-based Maxim Capital Group for 1 Southside Park, a two-towered 64-story block-sized mixed-use development underway in Brickell, Miami. This transformative project is designed by a world-class design team from SHoP Architects with ODP Architecture & Design as the architect of record, residential interiors by Krista Ninivaggi of Woods Baggot, hotel interior design by Rockwell Group and landscaping by James Corner Field Operations. 1 Southside Park will comprise 1,175 residential rental units, 190,000 square feet of premier office space, a 200-key Treehouse Hotel, 10,000 square feet of retail space, and 1,400 parking spaces.

Rosewood Residences at Lido Key Slated for 930 and 1008 Benjamin Franklin Drive, Sarasota, Florida

7:00 am on June 15, 2022 By Colt Dodd

Rosewood Residences at Lido Key is unfolding in Sarasota, Florida. The $26.4 million venture, while still in its infancy, will comprise an eight-story building with 65 luxury units.

Foundation Permit Issued For 47-Story Residential Tower At 77 SE 5th Street In Brickell

8:00 am on June 14, 2022 By Oscar Nunez

A phased foundation permit has been issued to Miami-based real estate developer Related Group for a 47-story residential tower at 77 Southeast 5th Street in Brickell, Miami. According to a pending permit for vertical construction filed in December 2020, the plan for this development is a 478-foot-tall tower with 720,101 square feet of space including 506 multi-family rental units. The project is going by the name of One Brickell Tower II for the time being, and is designed by Arquitectonica. John Moriarty & Associates of Florida Inc. is listed as the general contractor. The permit was approved on June 2, 2022, and Related will have until November 29, 2022 to complete foundation work.

The Stellar Central Park To Start Construction at 2500 Roma Way, Port Saint Lucie, Florida, 34987

7:00 am on June 14, 2022 By Colt Dodd

Construction is expected to start on the Stellar Central Park later this summer. Stellar Communities, the owner and general contractor, plans on building the luxury rental community in Port Saint Lucie, Florida. There will be 158 homes to choose from, with three different layout plans.

Palisades To Start Construction This Fall at 6725 Yarberry Lane, Naples, Florida

7:00 am on June 13, 2022 By Colt Dodd

Seagate Development Group LLC will start construction on Palisades this fall. The multi-million-dollar venture (located in Naples, FL) will offer 25 luxury homes in a 12-acre community. Per Naples Daily News, residents can choose from six customized floor plans. Palisades will be a large version of Windward Isle, a similar-sized development that the owner is also working on.

Trez Capital Funds $19.05 Million Loan For Second Phase At The Residences At Town Center In Madeira Beach

8:00 am on June 11, 2022 By Oscar Nunez

Trez Capital, a private real estate lender helping to build better communities across North America, funded a $19,050,000 construction loan for The Residences at Town Center, a 5-story boutique luxury condominium project that will rise on the Intracoastal Waterway at 400 150th Avenue in Madeira Beach. The project is the second phase of a broader plan envisioned by the developer. In 2021, Trez Capital closed a $15.61 million construction loan for the first phase, a 38-unit residential project, The Harbor at Town Center, which is 100% sold out and scheduled for delivery to buyers later this summer.

The Enclave at Lakeridge Undergoes Construction at 1226 Northeast 15th Avenue, Fort Lauderdale, Florida

7:00 am on June 11, 2022 By Colt Dodd

The Enclave at Lakeridge is currently undergoing construction in Fort Lauderdale, Florida. The building offers four luxury homes in a three-story building. Plans call for more than 7,000 square feet of new construction, and the venture rests on a .34-acre lot.

The St. Regis Residences Miami Achieves $400 Million In Sales, Developers Launch ‘The William’ Tower

8:00 am on June 10, 2022 By Oscar Nunez

Premier developers Related Group (Related) and Integra Investments (Integra), along with leading brokerage ONE Sotheby’s International Realty, have officially begun sales on ‘The William’ tower at the highly anticipated two-towered St. Regis Residences Miami in Brickell. The 183-unit high-rise will immerse buyers in unmatched service and design, with amenities hand-curated by the world-renown St. Regis team, and architecture and interiors spearheaded by Robert A.M. Stern Architects (RAMSA) and Rockwell Group, respectively.

Soleste City Line Undergoes Construction at 4 North Federal Highway, Dania Beach, Florida

7:00 am on June 10, 2022 By Colt Dodd

Soleste City Line is undergoing construction in Dania Beach, Florida. The eight-story luxury residential complex will offer 340 homes, ranging from one-bedroom to multi-bedroom layout plans. Homes come with quartz countertops, stainless steel appliances, and custom cabinets.

Vertical Construction Begins For Onda Residences At 1135 103rd Street In Miami’s Bay Harbor Islands

8:00 am on June 9, 2022 By Oscar Nunez

Vertical construction is well-underway for Onda Residences, a 41-unit boutique condominium development along the waters of Biscayne Bay at 1135 103rd Street in Bay Harbor Islands. Designed by Arquitectonica with interiors by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture and Developed by a joint venture between Morabito Properties and CMC Group, the project will deliver fully finished residences ranging from two-to-four bedroom layouts spanning between 1,809 and 3,535 square feet in size, and four penthouse residences measure up to 5,073 square feet – two of which include private rooftop pool decks. The 8-story development is on track to top-off construction in December, with delivery slated for the Fall of 2023. Coastal Construction serves as the development’s general contractor.

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