Place Projects

$75M Construction Loan Secured for 201-Room Hotel in West Palm Beach’s NORA District

BD Hotels has secured a $75 million construction loan to develop a 201-room hotel, the Nora Hotel, in the emerging NORA District of West Palm Beach. Metropolitan Commercial Bank provided the loan, which JLL’s Steven Klein and Mark Fisher arranged for financing. BD Hotels is working with NORA District master developers NDT Development, Place Projects, and Wheelock Street Capital.

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Aria Development Group, Largo, And Place Projects Announce Groundbreaking Of 2200 Brickell

Aria Development Group, Largo, and Place Projects have announced the official groundbreaking of 2200 Brickell, a luxury 5-story residential development at 2200 Brickell Avenue in the heart of Miami’s Brickell neighborhood. Designed by Revuelta Architecture International, with interiors by the award-winning team at ODA New York, this building will offer 105 condominiums and garden villas. These range from one to four bedrooms and span 1,200 to 2,100 square feet. Ortega Construction Company is the general contractor, with completion slated for 2026.

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Developers Secure $77M Construction Loan From Bank OZK For 2200 Brickell

Aria Development Group, Largo, and Place Projects have secured $77 million in construction financing for 2200 Brickell, a five-story, 105-unit luxury condominium development at 2200 Brickell Avenue, situated along Brickell’s historic Millionaire’s Row. The construction financing was provided by Bank OZK, represented by King & Spalding. Hunton Andrews Kurth and The Aztec Group represented the developers. 2200 Brickell is slated to break ground in Q4 2023 with Ortega Construction Company as the general contractor.

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Developers Select Ortega Construction Company As General Contractor For 2200 Brickell, Set To Break Ground In Q4

Aria Development Group, Largo, and Place Projects have appointed Ortega Construction Company as the general contractor for 2200 Brickell, an upcoming residential development in Miami’s Brickell neighborhood. With its exceptional industry reputation, Ortega Construction Company will spearhead constructing this five-story boutique project featuring 105 residences. Designed by Revuelta Architecture International with interiors envisioned by ODA, 2200 Brickell is poised to become a standout addition to the neighborhood’s thriving real estate landscape.

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