Brooklyn-Based Developer Gets FAA Approval For Two 544-Foot-Towers In Fort Lauderdale

The Federal Aviation Administration (FAA) has issued building permits for Ombelle, a large-scale two-tower mixed-use development planned for 300 Northeast 3rd Avenue in Flagler Village, Fort Lauderdale. Designed by ODA Architecture and developed by Brooklyn-based Dependable Equities, the 43-story project will yield approximately 1.5 million square feet of space, including 959 rental dwelling units, over 11,000 square feet of retail space, and more than 1,000 parking spaces. Witkin Hults + Partners is the landscape architect, and Flynn Engineering is the civil engineer.

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Developers Secure $34 Million From Bank OZK To Begin Construction On 66-Story One River Point In Downtown Miami

One River Point Partners, LLC, a joint venture partnership between New York’s KAR Properties and Miami’s Fortune International Group, has secured a $34 million loan to initiate the first phase of construction on One River Point, a twin-towered 66-story residential development planned for 24 Southwest 4th Street in Downtown Miami. Designed by the star architect Rafael Viñoly of Rafael Viñoly Architects, the pair of connected towers will contain a combined 368 condominium units, and sit immediately north of the Miami River. The property will enjoy a desirable location in the city’s epicenter being just minutes away from luxury retail shopping and entertainment areas as well as the major transportation hubs, the Port of Miami, Miami International Airport, and cultural landmarks such as the Adrienne Arsht Center and Perez Art Museum.

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