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