Forman Capital, a private direct real estate lender, has provided a $77.8 million loan to finance the construction of River District 14, a short-term rental condominium project in Miami. Developed by Alta Development, the project will be situated on a 1.3-acre site at 1420 NW 14th Ave., near the Miami River. Construction is set to commence before the end of the year.
New renderings and diagrams have been released via a Design Review Approval request for the proposal for 5333 Collins Avenue, a 17-story condominium tower planned to rise in Miami Beach. Designed by OMA New York with ODP Architecture & Designed listed as the architect of record and developed by Camilo Miguel Jr’s Mast Capital, the structure’s roofline should rise to 213-feet overlooking Indian Creek and the Atlantic Ocean, and yield 381,121 gross square feet including 246,906 square feet of residential space across 100 condo units, 183 parking spaces and nearly 23,000 square feet of amenities.
A new batch of detailed-massing and aerial renderings have been revealed for two new towers at the MiamiCentral complex, a 3-million-square-foot mixed-use railroad station development located primarily addressed as 600 Northwest 1st Avenue in the western perimeters of Downtown Miami. The renderings reveal in more detail two nearly identical 848-foot-tall primarily residential skyscrapers spanning 83-stories each, potentially addressed and referred to as One MiamiCentral, featuring designs by Borges + Associates Architects and developed by prominent developer Florida East Coast Industries, the parent company of Brightline.
Foundation work is now underway for Metro Edgewater, a 32-story mixed-use tower set to rise in what is referred to as the Paraiso District of Edgewater in Miami. Formely known as Paraiso Place, the building is designed by Pablo Burgos of Burgos Lanza Architects & Planners with JFS Design as the landscape architect, in collaboration with David Polinsky’s Fortis Design + Build…