Luxury

Notice Of Commencement Filed Where Two 83-Story Towers Are Planned At MiamiCentral

8:00 am on November 11, 2021 By Oscar Nunez

A notice of commencement has been filed by Florida East Coast Industries (FECI), the parent company of Brightline, indicating construction is set to begin at the site where two 83-story mixed-use towers are being planned. The scope of work involves the restructuring of the streetscape, re-aligning Northwest 1st Avenue directly south to Northwest 1st Street, demolishing the existing small park that breaks up the grid, and some sewer and plumbing work. Upon completing the realignment of the street, a new rectangular interior lot will be formed at 195 Northwest 2nd Street to make way for the 848-foot-tall south tower.

240-Unit Master Planned Complex Slated for 6440 Narcoossee Road, Orlando, FL

7:00 am on November 11, 2021 By Colt Dodd

Maifly Narcoossee Apartments is a master-planned community coming to Orlando, FL. General contractor Summit Contracting Group, Inc. broke ground in April 2021.

Sales Launch For The 70-Story Okan Tower At 555 North Miami Avenue In Downtown Miami

8:00 am on November 10, 2021 By Oscar Nunez

Sales have launched for the highly-anticipated Okan Tower, a 70-story mixed-use skyscraper planned to rise at 555 North Miami Avenue in the epicenter of Miami’s urban core. Designed by Behar Font & Partners for Turkish real estate developer Okan Group, the 902-foot-tall structure will be anchored by Hilton Hotel & Residences and yield 163 Sky Residences with exclusive owners-only amenities, 236 Condo-Hotel Residences, a five-star hotel-resort with 316 room and endless amenities, and Class A Office Space. Plans for the project are now being fast-tracked with Fortune Development Sales leading sales and marketing.

200 Central Avenue. Designed by SB Architects

Development Review Commission Approves Kolter Group’s 41-Story Tower At 200 Central Avenue In St. Petersburg

8:00 am on November 8, 2021 By Oscar Nunez

Delray Beach-based developer Kolter Group is moving forward with the plans for project at 200 Central Avenue, a 41-story mixed-use building planned to rise on an existing grade-level parking lot in Downtown St. Petersburg. Despite some hesitation with the overall design, the city’s Development Review Commission ultimately gave the green light for project and site plan modifications requesting floor area ratio bonuses. Designed by SB Architects, the firm behind the design of Kolter’s One St. Petersburg and Saltaire towers, the structure will rise approximately 480-feet including the decorative crown, and yield 248 residential units, 6,100 square feet of ground floor retail, and 482 parking spaces.

50 Luxury Condos Approved at 17300 McGregor Boulevard, Fort Myers, FL

7:00 am on November 7, 2021 By Colt Dodd

Sanibel Passage recently met approval, per New-Press. Despite protests from local environmentalists, the 16-story residential building will offer luxury 50 condos.

The Ritz-Carlton Villa Collection Reaches $93 Million Sell Out Prior To Completion In Miami Beach

8:00 am on November 6, 2021 By Oscar Nunez

4701 North Meridian LLC and GFI Development Company have announced the 100% sell-out of the Villa Collection at The Ritz-Carlton Residences, a collection of 15 two-story single-family homes currently under construction at 4701 Meridian Avenue in Nautilus, Miami Beach. The project totaled $93 million in sales just nine months after breaking ground and the official launch. Designed by the world-famous master Italian architect, Piero Lissoni, the project is located adjacent to the 8-story Ritz-Carlton Residences and facing the Surprise Waterway connected to Biscayne Bay. The free-standing villas will range in size from 3,263 to 4,643 square feet of living space with five different floor plans providing three, four and five-bedroom configurations.

Chetrit Group Lands $310 Million Loan From Madison Realty Capital For The Kobi Karp-Designed 6.2-Acre Miami River Mega Project

8:00 am on November 5, 2021 By Oscar Nunez

The Chetrit Group’s vision for the 6.2-acre Miami River may finally come to fruition after landing a loan to begin construction. The New York City-based developer was granted $310 million in financing from Madison Realty Capital for the first two phases of the 4.2 million-square-foot mega project in Brickell, which is comprised of building the first of four towers and the additions and improvements to the riverwalk. The deal was arranged by Henry Bodek of Galaxy Capital Group, and is collateralized by the land for the last three phases. Kobi Karp is the architect for development, which will ultimately yield 1,928 residential units, 330 hotel rooms, 196,882-square-feet of retail space, and 98,040-square-feet of office space across multiple glass-clad towers along with boat slips, an outdoor theater, a residents lounge, a business center, a state-of-the-art gym, a pool, and a café.

Upscale Apartment Complex Slated for Rodina Drive in Viera, FL

7:00 am on November 5, 2021 By Colt Dodd

The Luna is an upscale apartment complex coming to Viera, FL. The six-story building will take about 18 months to complete.

Lofty Brickell Receives Height Increase And Design Changes In Newly Revealed Renderings

8:00 am on November 4, 2021 By Oscar Nunez

New renderings has been released to the public of Lofty Brickell, a short-term rental tower being planned for 99 Southwest 7th Street – a prime location facing the Miami River in Brickell. Arquitectonica remains as the design architect for the building, which based on the renderings has been increased to nearly 50 stories, up from the previously planned 37-stories. The rendering of the tower facing southeast towards the Metrorail bridge was first posted in a paid advertisement from The Real Deal with details on unit pricing. Newgard Development Group is developer behind the efforts to redevelop the site, which will eventually give rise to three towers.

Mixed-Use Retail/Commercial Complex Unfolding at 300 North Washington Avenue, Titusville, FL, 32796

7:00 am on November 1, 2021 By Colt Dodd

The Horizon at Sand Point is currently in its sub-bidding stage, according to the Construction Journal. The multi-million-dollar project will provide retail space and residences for those living in Titusville, FL.

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