A shuttered Sears in Miami could be replaced with a multi-family housing development. The project, led by Sunny Isles Beach-based RK Associates, would offer 1,050 housing units, with layout plans ranging from studio to three-bedroom units.
Construction is expected to start on a Clearwater Beach condo hotel later this fall. CW Resort & Marina will measure eight stories above grade and offer 91 luxury residences, 11 of which are penthouses.
The Related Group has new plans regarding two residential complexes in Miami-Dade’s West Little River Neighborhood. The original proposal, filed in 2023, involved demolishing Palm Court, an 88-unit complex, and renovating Palm Tower, a 103-unit development.
More Development, an international real estate company based in Miami and Nassau, The Bahamas, has secured a $76.81 million loan for SoWy, an upcoming mixed-use development in Wynwood and Overtown, north of Downtown Miami. The loan was announced by More Development President Whitney Thier and provided by JP Morgan Chase. The nearly eight-acre SoWy project spans 26 parcels across six blocks along 2nd Avenue between NW 20th and 22nd Street. Before considering Live Local Act provisions, the site offers nearly 2.5 million base buildable square feet.
Ella Miami Beach will offer studio to two-bedroom layout plans, spanning 434 to 1,076 square feet each. In-unit amenities include expansive outdoor terraces, plank-style flooring, and various high-end finishes.
