Two developers have proposed a 21-story hotel/condo in Miami-Dade County. Urban Network Capital Group (UNCG) and Vertical Development hope to get approval for an unnamed high-rise that would offer 180 rooms, measuring about 400 square feet to 2,130 square feet each.
Our sources indicate that Pompano Beach-based Cavache Properties has secured approval for its second Old Town Square project in South Florida.
Construction commenced on The CenterPointe, a luxury housing complex, right before the start of the new year. The complex will offer 401 Class A residences. The seven-story building will rest on a 4.3-acre build site. It will also host a two-story parking garage.
Black Salmon, a commercial real estate firm, and LD&D, a development/design firm, have partnered together on a new venture in St. Petersburg, FL. The duo recently purchased a 0.77-acre site for $9.05 million.
The Twin City Mall in South Florida could get redeveloped into a mixed-use project. The struggling mall opened in 1971, and since then, many plans have been discussed to replace it. Now, our sources indicate that Village Place could soon come to fruition.
