Two buildings comprising 120 units have opened at Embassy Suites by Hilton Orlando Sunset Walk in Kissimmee. The project offers a unique hotel concept where investors can “become mini franchisees” of the Embassy Suites brand.
Centennial Bank has provided an $84.4 million loan for The Arcadian, an 8-story mixed-use affordable housing project at 640 Northwest 7th Avenue in Fort Lauderdale. Designed by Behar Font & Partners and developed by Fuse Group in collaboration with Boca Paila led by Grupo Krea, the project will include 478 residential units, 15,000 square feet of retail space, and a 212,000 square foot parking garage. The development has already broken ground and is expected to be completed in 20 months.
Miami Beach’s Planning Board is scheduled to hear a proposal for a five-story, mixed-use project.
Midtown 7, a 31-story mixed-use building planned at 3001 Northeast 1st Avenue in Midtown Miami, has recently received height approval from the Federal Aviation Administration (FAA) and is progressing in the permitting process. According to a determination letter issued on May 22, the tower is approved to rise to a maximum height of 352 feet above ground, or 367 feet above sea level. The FAA letter lists the developer as PPF AMLI 3001 NE 1st Avenue, LLC, an affiliate of AMLI Residential.
Plans for Wynwood’s tallest-ever tower have been filed. Currently known by its address, 2101 NW Miami Ct, the proposed mixed-use development, designed by Arquitectonica and developed by Wynwood Interest LLC, managed by Isaac, Jacobo, Simon, John, and Rosa Bazbaz, is set to rise 48 stories, or 490 feet above ground and 506 feet above sea level. The project would yield approximately 755,688 square feet of floor area, including 544 residential units, two floors of amenities on levels 9 and 10, 19,292 square feet of ground-floor retail, and 621 on-site parking spaces spread over six garage levels. The Wynwood Design Review Committee is scheduled to hold a hearing on the proposal on June 4.
