Developers hope to move forward with a development dubbed “Snug Harbor,” a mixed-use venture in St. Petersburg, Florida. St. Pete Rising reports that the community could offer 376 housing units on a 39-acre plot. The north end of the development would offer 120 rental units spread across two buildings. That area will also have a waterfront restaurant, 200 dry slips, and 45 wet slips.
Construction continues on Camino Square, a $69 million mixed-use venture in Boca Raton, Florida. The development will reach completion in two phases. The first phase will offer 350 apartments in two eight-story buildings. The homes will measure 700 square feet to 1,500 square feet each.
Developers could soon start construction on the Bexly at Boutwell Apartments, a residential venture that would offer 200 apartments divided among two five-story buildings. The homes would measure 720 square feet to 1,080 square feet each, per a 2021 report from the South Florida Business Journal. Homes will comprise one-bedroom to two-bedroom layout plans.
The Morgan Group, Inc., a Houston-based developer, hopes to turn the Macy’s into a residential housing community. Plans show that developers intend on moving forward with 356 apartments.
Miami-based developer Shoma Group completed it’s two-tower multifamily rental community at 445 Hialeah Drive in Hialeah known as Shoma Village. They began welcoming in the first residents to brand new apartments on August 1, with leasing activities managed by KW Property Management & Consulting and the property managed by Shoma MGMT. The development is comprised of two 8-story buildings with 304 residences in a mix of studios, one-, two- and three-bedrooms. 65% of units are already rented and the remaining inventory is expected to be fully leased by the end of summer. Shoma Village was designed by Kendall-based MSA Architects, and Suffolk Construction served as the general contractor along with KD Construction of Florida, LLC as the shell contractor.
