Luxury

Naftali Group Closes On 1.3-Million-Square-Foot Miami Worldcenter Site With Plans to Build Two Supertall Residential Skyscrapers

8:00 am on March 29, 2022 By Oscar Nunez

New York-based developer, Naftali Group, a leading privately held global real estate development and investment firm, recently announced it has closed on a development site allowing 1.3 million square feet of new construction at 1016 Northeast Second Avenue in Miami Worldcenter, which spans 27 acres near Downtown Miami and is the second largest active private development in the United States with $4 billion in total investments. Naftali, in partnership with Cara Real Estate Management, purchased the site for $40.5 million. Mika Mattingly, Executive Managing Director at Colliers’ Urban Core Division, represented both Naftali, and Akara Partners, the seller, in the off-market transaction. According to a press release, the developer is planning to construct two supertall residential towers, which would be the first for Miami Worldcenter. Pre-sales for 1016 Northeast Second Avenue are slated for the end of this year.

First Look Inside The Standard Residences In Midtown Miami

8:00 am on March 27, 2022 By Oscar Nunez

Rosso Development and Midtown Development reveals interiors for the first ever The Standard Residences, a 12-story mixed-use development planned for 3100 Northeast 1st Avenue in Midtown, Miami. Designed by international architecture firm Arquitectonica with interiors by Urban Robot Associate, the project will yield 228 move-in ready residences while simultaneously allowing flexible short-rental programs with 30-day minimum stays up to 12 times per year, as well as 34,000 square feet of amenities and 10,000 square feet of ground floor retail.

Four Seasons Hotel Unfolding Near TIAA Bank Field in Jacksonville, FL

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

In December 2021, Shad Khan, the owner of the Jacksonville Jaguars, told reporters that he felt Jacksonville was going “downhill.” In an effort to draw more visitors into the area, Khan’s development group, Iguana Investments, is focusing on a new Four Seasons in Duval County. Khan has been working on this venture since 2017.

Sirene Villas Breaks Ground At 1236 George Bush Boulevard In Delray Beach

8:00 am on March 24, 2022 By Oscar Nunez

Philadelphia-based developer Stamm Development has broken ground on Serene Villas, a new residential community of six ultra-luxury townhouses in the early stages of construction at 1236 George Bush Boulevard in Delray Beach. The design for the project was envisioned by Randal Stofft of Delray Beach-based Stofft Cooney Architects, paired with interiors by award-winning design studio Asthetique. The interior lot spans nearly 0.62 acres, or precisely 26,907 square feet, and is mainly bound by George Bush Boulevard on the north with the other ends of the city block being North Ocean Boulevard on the East, Southways on the South, and Andrews Avenue on the West.

FAA Approves Heights For St. Regis Residences In Sunny Isles Beach

8:00 am on March 23, 2022 By Oscar Nunez

The Federal Aviation Administration has issued building permits to developers Fortune International Group and Château Group for St. Regis Residences in Sunny Isles Beach, a pair of 62-story ultra-luxury residential towers planned for 18801 Collins Avenue. Designed by Arquitectonica with interiors by São Paulo-based Anastassiadis and landscaping by EDSA, the towers would yield a combined estimate of 374 residential units and approximately 70,000 square feet of amenities, and would rise along the coveted strip of luxury high rises on Collins Avenue in between the Intracoastal Waterway and Atlantic Ocean.

Alture Westland Nearing Completion at 1950 West 49th Street, Hialeah, Florida, 33012

7:00 am on March 22, 2022 By Colt Dodd

Alture Westland is nearing completion in Hialeah, Florida. The $30 million venture, located on the former premises of a Ramada Inn, will offer 251 luxury median-priced units. According to a 2021 report from the Miami-Herald, layout plans comprise studios and one-bedroom units, ranging from 340 square feet to 600 square feet each.

New Construction Permits Filed For Related Group’s 73-Story Baccarat Residences Condo Tower In Brickell

8:00 am on March 21, 2022 By Oscar Nunez

New construction permits have been filed for Baccarat Residences, a 73-story residential skyscraper located at 99 Southeast 5th Street in Brickell. The permit filing has revealed the structure will top out at 835-feet, and will contain 806,326 square feet of space including 796,326 square feet of space designated for residential use across 352 condominium units and 10,000 square feet of space for a restaurant. The corporation listed as the owner of the application is 444 Brickell Partners, LLC, an affiliate of the Related Group (Related) led by prolific real estate developer Jorge M. Perez, who is often referred to as the condo king of Miami. Related is developing the highly anticipated tower with SH Hotels & Resorts, who manages the Baccarat Hotel in New York. The building is designed by Miami-based international architecture firm Arquitectonica with lavish interiors by New York City-based Meyers Davis, and landscaping will be handled by Enzo Enea of Zurich-based Enea Garden Design. John Moriarty and Associates of Florida Inc. is listed as the general contractor.

Revuelta-Designed Ocean Park Sells Out At 312 Ocean Drive In Miami Beach

8:00 am on March 20, 2022 By Oscar Nunez

Developer Multiplan REAM and exclusive sales and marketing agent The Carmenate/Duchon Team at The Corcoran Group, have announced the $32 million sell-out of Ocean Park, a 4-story luxury boutique condominium under construction at 312 Ocean Drive in Miami Beach’s coveted South of Fifth neighborhood. Situated directly across from Marjory Stoneman Douglas Oceanfront Park, the building yields 10 residences offering the ultimate South Florida lifestyle. Walls of glass will provide views of the park and the Atlantic, and new residents will enjoy generous private outdoor living spaces along with tranquil common areas.

Phase One Of PMG’s Society Orlando Nears Topping Out At 434 North Orange Avenue

8:00 am on March 19, 2022 By Oscar Nunez

Construction is nearing the final floors on phase one of Society Orlando, a two-towered mixed-use development of 26 and 16 stories at 434 North Orange Avenue in the Central Business District of Downtown Orlando. The project is designed by Orlando’s very own Baker Barrios and is being developed by national real estate developer Property Markets Group (PMG) alongside New York City-based investment firm Raven Capital Management. John Moriarty & Associates is managing the development’s construction, which will ultimately yield 707 residential units between both towers and 36,000 square feet of ground floor commercial space. The first phase of construction is comprised of the taller, approximately 350-foot-tall tower rising along West Livingston Street with 462 units.

ArX Solutions Releases First Rendering Of 643-Foot-Tall Brickell Gateway Planned In Miami’s Financial District

8:00 am on March 17, 2022 By Oscar Nunez

YIMBY spotted a new street-level rendering from Arx Solutions of Brickell Gateway, a 54-story mixed-use high rise planned for 90 Southwest 8th Street in Brickell, Miami’s Financial District. Designed by Coral Gables-based Corwil Architects and developed by Israeli developer Gazit Globe and Atlantic Pacific Communities, the 643-foot-tall structure is proposed to yield 504 residential units, 16,882 square feet of ground floor retail and parking for up to 245 vehicles. The rendering release coincided with Gazit’s announcement to investors that the project received approvals for increased density from County planners.

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