Mixed Use

The Ritz Sagamore Redevelopment Project Seeks Approval In South Beach

8:00 am on November 20, 2021 By Oscar Nunez

An application has been filed requesting approval of a Certificate of Appropriateness for the design, restoration, and new construction at the Ritz-Sagamore project in South Beach, which involves the redevelopment of the historic Sagamore Hotel at 1671 Collins Avenue and unification with the adjacent Ritz Carlton property at 1669 Collins Avenue and 1 Lincoln Road. Designed by Kobi Karp and being collectively developed between Di Lido Beach Hotel Corp, EBJ Sagamore LLC, Lionstone Di Lido Retail Lessor LLC, Di Lido Beach Resort LLC, and Sobe Sky Development LLC, a new 200-foot-tall, cantilevering 17-story residential tower would be constructed facing the oceanfront behind the Sagamore. Canada-based Studio Munge is listed as the interior designer, and Naturalficial as the landscape architect.

The First Tower Of The Magic City Innovation District Is Submitted To Miami’s Urban Development Review Board

8:00 am on November 13, 2021 By Oscar Nunez

A 25-story mixed-use tower proposed for the upcoming 17.75-acre Magic City Innovation District in Little Haiti has been submitted to Miami’s Urban Development Review Board for approvals. The developer behind the application is MCD Miami LLC, a partnership between real estate developer Plaza Equity Partners, brokerage firm Metro 1, and investment firms Luna Rouge and Dragon Global. Parcel 11 is the tentative name for the new building and it’ll be the first of several towers to rise in the new Special Area District, projected to yield 522,806 square feet of space including 349 residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces.

Ouanalao Resort to Open in 2023 at 7700 South Ocean Drive, Jensen Beach, FL, 34957

7:00 am on November 13, 2021 By Colt Dodd

Construction on Ouanalao Resort will start in the fourth quarter of 2021, according to the Construction Journal. It will open in 2023.

Notice Of Commencement Filed Where Two 83-Story Towers Are Planned At MiamiCentral

8:00 am on November 11, 2021 By Oscar Nunez

A notice of commencement has been filed by Florida East Coast Industries (FECI), the parent company of Brightline, indicating construction is set to begin at the site where two 83-story mixed-use towers are being planned. The scope of work involves the restructuring of the streetscape, re-aligning Northwest 1st Avenue directly south to Northwest 1st Street, demolishing the existing small park that breaks up the grid, and some sewer and plumbing work. Upon completing the realignment of the street, a new rectangular interior lot will be formed at 195 Northwest 2nd Street to make way for the 848-foot-tall south tower.

Sales Launch For The 70-Story Okan Tower At 555 North Miami Avenue In Downtown Miami

8:00 am on November 10, 2021 By Oscar Nunez

Sales have launched for the highly-anticipated Okan Tower, a 70-story mixed-use skyscraper planned to rise at 555 North Miami Avenue in the epicenter of Miami’s urban core. Designed by Behar Font & Partners for Turkish real estate developer Okan Group, the 902-foot-tall structure will be anchored by Hilton Hotel & Residences and yield 163 Sky Residences with exclusive owners-only amenities, 236 Condo-Hotel Residences, a five-star hotel-resort with 316 room and endless amenities, and Class A Office Space. Plans for the project are now being fast-tracked with Fortune Development Sales leading sales and marketing.

Atlas Real Estate Partners Proposes 310-Unit Mixed Project In St. Petersburg

8:00 am on November 9, 2021 By Oscar Nunez

New York City-based developer Atlas Real Estate Partners, led by Arvind Chary and Alex Foster, have made unsolicited proposals to purchase a 2.02 acre site, nearly 88,000 square feet, from the City of St. Petersburg near Tropicana Field for $5.5 million. The address in question is 910 2nd Avenue South within the Intown Redevelopment Area…

200 Central Avenue. Designed by SB Architects

Development Review Commission Approves Kolter Group’s 41-Story Tower At 200 Central Avenue In St. Petersburg

8:00 am on November 8, 2021 By Oscar Nunez

Delray Beach-based developer Kolter Group is moving forward with the plans for project at 200 Central Avenue, a 41-story mixed-use building planned to rise on an existing grade-level parking lot in Downtown St. Petersburg. Despite some hesitation with the overall design, the city’s Development Review Commission ultimately gave the green light for project and site plan modifications requesting floor area ratio bonuses. Designed by SB Architects, the firm behind the design of Kolter’s One St. Petersburg and Saltaire towers, the structure will rise approximately 480-feet including the decorative crown, and yield 248 residential units, 6,100 square feet of ground floor retail, and 482 parking spaces.

Chetrit Group Lands $310 Million Loan From Madison Realty Capital For The Kobi Karp-Designed 6.2-Acre Miami River Mega Project

8:00 am on November 5, 2021 By Oscar Nunez

The Chetrit Group’s vision for the 6.2-acre Miami River may finally come to fruition after landing a loan to begin construction. The New York City-based developer was granted $310 million in financing from Madison Realty Capital for the first two phases of the 4.2 million-square-foot mega project in Brickell, which is comprised of building the first of four towers and the additions and improvements to the riverwalk. The deal was arranged by Henry Bodek of Galaxy Capital Group, and is collateralized by the land for the last three phases. Kobi Karp is the architect for development, which will ultimately yield 1,928 residential units, 330 hotel rooms, 196,882-square-feet of retail space, and 98,040-square-feet of office space across multiple glass-clad towers along with boat slips, an outdoor theater, a residents lounge, a business center, a state-of-the-art gym, a pool, and a café.

Upscale Apartment Complex Slated for Rodina Drive in Viera, FL

7:00 am on November 5, 2021 By Colt Dodd

The Luna is an upscale apartment complex coming to Viera, FL. The six-story building will take about 18 months to complete.

Final Touches Underway For Moinian Group’s 43-Story Bezel At Miami Worldcenter

8:00 am on November 2, 2021 By Oscar Nunez

The final touches are underway at Bezel, a 43-story mixed-use building located within the 27-acre Miami Worldcenter Complex in Downtown Miami’s Park West district. Designed by Stantec and developed by New York City-based Moinian Group in collaboration with ZOM Living, the 493-foot-tall structure nears completion, addressed as 650 Northeast 2nd Avenue and yielding 434 residential units with ground floor commercial space. The project is scheduled to open to residents on December 15th as leasing efforts are well underway.

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