Miami

Related And Merrimac Break Ground On The Crosby At Miami Worldcenter

Related Group and Merrimac Ventures have officially broken ground on the Crosby Residences at Miami Worldcenter. Located at 601 North Miami Avenue, in the heart of Downtown Miami, the 33-story residential tower will offer 450 fully furnished, ready-to-rent homes purposely designed, constructed, and licensed to allow for seamless listing on all leading home share platforms (subject to applicable laws and restrictions). Designed by architects at Cohen Freedman Encinosa and interiors by AVRO|KO, The Crosby is scheduled to complete construction in the first quarter of 2025; Beauchamp Construction is the general contractor.

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Demolition Permits Filed For 700 Brickell Avenue Where 68-Story One Brickell City Centre Supertall Is Planned

Total demolition permits have been filed for a 10-story commercial building at 700 Brickell Avenue in Brickell, Miami’s financial district. The 190,963-square-foot structure is listed as built in 1971 and has since been used for office purposes with an attached parking garage, occupying an L-shaped 47,610-square-foot lot on the western frontage of Brickell Avenue between Southeast 7th and 8th Streets. The application was created on January 20 and awaits plan acceptance from Miami’s Building Department to begin the review process. Alpha Wrecking Group is listed as the demolition contractor, with an estimated price tag of $1,350,000 for the scope of work.

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Coastal Construction Breaks Ground On New Event Center At The Concours Club In Miami-Opa Locka Executive Airport

Coastal Construction Group has broken ground on a new event center at The Concours Club, Miami’s members-only motorsport facility that blends high-performance driving, impeccable service, and luxury amenities within a spectacular resort setting. Located at One Concours Way within the Miami-Opa Locka Executive Airport and minutes from the heart of Miami and Fort Lauderdale, The Concours Club sets the new standard for automotive country clubs worldwide, bringing luxury amenities and services to the driving course. The club offers the most elevated and thoughtful accommodations found at a motorsport facility of its kind. From the Member’s Lounge and premium restaurant Verge, offering unparalleled dining experiences conceived by Michelin-starred experts, to Lifestyle Concierges to assist with any request, there is no other automotive resort like it anywhere else on earth.

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Developers Lock In $215 Million In Construction Financing For The Wynwood Plaza

L&L Holding Company and Oak Row Equities announced they have closed on $215 million in construction financing for The Wynwood Plaza, a one-million-square-foot campus that will bring class-AAA office, residential, retail, and outdoor space to 95 NW 29th Street in Miami’s famed Wynwood Arts District. The developers, alongside project partner Shorenstein Properties LLC and co-investor Claure Group, secured the loan from Bank OZK. With full project financing now in place, major construction will commence immediately, with anticipated completion in 2025. 

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