Sales have launched for a 37-story condo in Hollywood, Florida––despite not breaking ground yet. Icon Beach is set to offer 350 condos, ranging from one-bedroom to three-bedroom floorplans.
Developers Related Group and BH Group have received approval for the second of two planned towers at Diplomat Landing, a mixed-use development planned for to enhance the Hollywood area. Situated at 3451 to 3690 South Ocean Drive, this 42-story tower is designed by Miami Lakes-based Cohen Freedman Encinosa & Associates, with landscape architecture by Witkin Hults + Partners and civil engineering by Kimley-Horn. The new addition to the Diplomat Beach Resort will feature 500 hotel rooms—potentially marketed as branded condo/hotel units—alongside 4,000 square feet of restaurant space and 366 parking spaces, significantly contributing to South Florida’s development landscape.
Miami-based Related Group has secured a $100 million loan for the construction of the Manor Biscayne, a new housing development. Per the City of North Miami, the building will measure eight stories above grade and offer 382 residences, ranging from studios to three-bedroom units.
Developers Related Group (Related) and partner Alta Developers have closed on $240 million in financing for Casa Bella Residences by B&B Italia (Casa Bella), a 56-story residential building that broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.
Miami-based real estate developer Related Group (Related), has broken ground on Tower II of the anticipated condominium, The Ritz-Carlton Residences, Tampa (The Residences). Located along Tampa Bay’s scenic Bayshore Drive, The Residences represents the entry of the esteemed Ritz-Carlton brand into the Bay Area. The project features architecture by Arquitectonica and interiors designed by Meyer Davis.
