In April 2021, Prestige Builders Group secured a $22 million loan that they will put toward the construction of workforce housing. One of those housing units, dubbed Poe’s Lofts, will cost around $7 million, per the Construction Journal.
The Federal Aviation Administration has approved and cleared the way for three towers at the proposed location for Resorts World Miami, a $3 billion – 13.9-acre mixed-use gaming, hotel and entertainment development along the waterfront in Miami’s Omni District just south of Edgewater. According to to the approval letters, the three structures are approved to rise 642-feet, 643-feet and 645-feet from the ground up, or 649-feet above sea level.
Sunset Harbour is a future multi-story complex in Miami Beach that will feature both residential and commercial space. It will be located on 1733-1759 Purdy Ave. and 1724-1752 Bay Road in Miami, Florida, 33139. Upon completion, the building will be five stories.
Construction on the Arlo Wynwood, a 9-story mixed-use hotel, is making notable progress in Miami’s Wynwood Arts District. Designed by NBWW Architects and developed by Quadrum Global, the ground up hotel is addressed as 2217 Northwest Miami Court, occupying the southwestern corner of the interior lot with frontage along Perimeter Road as well. The development is expected to yield up to 141,758 square feet of space with 217 guest rooms.
Skygarden Apartments, which will provide housing in the North Miami Beach area, is scheduled to start construction in September 2021. Contractors will break ground on the development once the project completes its sub-bidding phase, which hopefully will conclude in June 2021.
