OT Property Group recently acquired a 5-acre site for $8.4 million in Pompano Beach, Florida. Now, it hopes to move forward with Old Town Towers, which will rest on 2.3 acres. Per the South Florida…
The first phase of Flagler Oasis, a 100-unit eight-story apartment complex, has finished construction in Miami-Dade County. Prior to constructing Flagler Oasis’s first phase, some already-existing structures required demolition.
Our sources note that developers secured a $340 million construction loan for the Ritz-Carlton Residences, Palm Beach Gardens. The 11-acre venture will offer three-bedroom to five-bedroom units, measuring about 2,700 square feet to 5,000 square feet each.
Demolition has started on various commercial buildings in West Palm Beach, Florida. The end goal? Olara, two 26-story luxury towers offering 275 condos and 210 rental units.
Located at 161 Northwest 28th Street in Wynwood, a one-acre development is set to take shape as Bel Invest, an international real estate investment and development entity with a portfolio in Italy, Spain, Germany, and the United States, collaborates with Diesel, the renowned Italian fashion and lifestyle brand, to lay the groundwork for the Diesel Wynwood condominium project. Envisioned by the esteemed Zyscovich Architects, the eight-story structure will occupy approximately 323,633 square feet, comprising 159 residential units and a substantial 15,889 square feet of ground-floor retail space. Nestled on the northern boundary of Northwest 28th Street, between Northwest 1st and 2nd Avenues, the development’s site stands directly opposite its existing sales center. Moss & Associates LLC is the general contractor.
