Residential

West Palm Beach City Commission Grants Approval For 8-Story, 270-Unit Workforce Housing Development At 2501 Spruce Avenue

8:00 am on April 8, 2023 By Oscar Nunez

South Florida-based Affiliated Development and the City of West Palm Beach are joining forces to develop The Spruce, an 8-story, 270-unit apartment building featuring 2,330 square feet of retail space for a café and garage parking. The West Palm Beach City Commission recently approved a site plan review that endorses a partnership agreement between the City’s Housing & Community Development department and the locally-based developer for workforce housing incentives. As part of this collaboration, the developer will benefit from $2.5 million in grant proceeds dispersed over a three-year period, in addition to fee waivers and reductions offered by the department.

Cigar Lofts at Albany Set for 2111 North Albany, Tampa, Florida

7:00 am on April 8, 2023 By Colt Dodd

Cigar Lofts at Albany will comprise 21 apartments, along with 10 townhomes south of the property. Our sources report that these townhomes will range from 2,000 square feet to 2,400 square feet.

School Concurrency Agreement Reached For 100-Story Waldorf Astoria Hotel & Residences In Miami

8:00 am on April 7, 2023 By Oscar Nunez

Miami’s skyline is set to gain its first supertall tower with the development of the 100-story Waldorf Astoria Hotel & Residences, following a recent agreement between the School Board of Miami Dade County and the project’s developers. According to county records, the deal, entered on December 5, 2022, and recorded on March 6, will enable the construction of the 1,049-foot supertall tower at 300 Biscayne Boulevard. The School Board had previously authorized the agreement on October 19, 2022.

Vita at Grove Isle Unfolds at 5 Grove Isle Drive, Coconut Grove, Florida, 33133

7:00 am on April 7, 2023 By Colt Dodd

Construction is anticipated to start on Vita at Grove Isle by the end of this month. The six-story venture will comprise 65 luxury condos, which will measure around 4,000 square feet each.

Pinnacle Secures Financing And Breaks Ground On 215-Unit Affordable Housing Project In Princeton, Miami-Dade County

8:00 am on April 6, 2023 By Oscar Nunez

South Florida’s affordable housing crisis is set to receive a much-needed boost as Miami-based Pinnacle breaks ground on the innovative Pinnacle at Tropical Pointe. This ambitious project, located in the Princeton neighborhood of unincorporated Miami-Dade County at 25155 Southwest 136th Avenue, aims to deliver 215 affordable housing units through a unique blend of public and private sector collaboration. The full-service real estate development and construction company has successfully secured $72.3 million in financing from local bonds, tax credit equity, and local subsidies.

Cipriani Residences Miami Planned for 1420 S Miami Ave., Miami, Florida

7:00 am on April 6, 2023 By Colt Dodd

Cipriani Residences Miami will be the first ground-up residential tower under the Cipriani brand. Miami Condo Investments reports that the 80-story structure will comprise 397 luxury residences.

Brightshore Village Approved Northwest of Immokalee Road and Everglades Boulevard in Collier County

7:00 am on April 6, 2023 By Colt Dodd

In December 2022, developers received approval for Brightshore Village, a mixed-use venture on a 700-acre build site. Per Gulfshore Business, the “primarily residential development” will feature 2,000 housing units––170 of which will be designated as affordable housing

HTG & AM Affordable Housing Secure Funding And Break Ground On Princeton Grove In Crestview, Florida

8:00 am on April 5, 2023 By Oscar Nunez

Housing Trust Group (HTG), a leading affordable housing developer, has partnered with AM Affordable Housing, a non-profit organization founded by NBA Hall of Famer and Miami Heat icon Alonzo Mourning, to develop Princeton Grove, a $23.5 million affordable housing community. Situated at 475 Aplin Road in Crestview, Florida, Princeton Grove will be a four-story residential development featuring a variety of one- and two-bedroom apartments. Catering to seniors aged 62 and older and senior veterans of the armed services, the partnership has recently secured financing and initiated construction on the project with Bayern Construction as the general contractor.

555 River House Proposed for 517, 555, 603, 661, 633 NW S River Dr., Miami, Florida

7:00 am on April 5, 2023 By Colt Dodd

555 River House could soon call the 305 home. Our sources report that the general contractor could start on the $200 million venture in August 2023, comprising about 140,000 square feet of new construction.

Terra Group, One Thousand Group, and Major Food Group Team Up to Reveal 58-Story Villa Residences in Edgewater, Miami

8:00 am on April 4, 2023 By Oscar Nunez

Miami-based real estate developers Terra Group and One Thousand Group partnered with Major Food Group to reveal the Villa, a lustrous 58-story residential tower planned for 710 Northeast 29th Street in Edgewater, Miami. Local architect, Kurt Dannwolf of ODP Architecture & Design, leads the architectural design team, while Vicky Charles of Charles & Co will lead the interior design. The 650-foot-tall crystalline structure will feature a copper color-clad exoskeletal design containing 60 – 70 units. The building will offer expansive full-floor vertical “villas” with 360-degree views of Biscayne Bay and the city, personalized service, curated amenities, exceptional design, and privacy.

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