Encore at 331 is a new residential community planned for Freeport, Florida. The venture will offer 258 units spread across four buildings, per LDI Line. It will rest on a 15.58-acre build site and require more than 270,000 square feet of new construction to reach completion.
New York developer Shahab Karmely of KAR Properties and Miami developer Edgardo Defortuna of Fortune International Group announced a new partnership to co-develop One River Point, two connected riverfront-facing 66-story residential towers with a combined 300 units planned for 24 Southwest 4th Street in Downtown Miami. Under the One River Point Partners, LLC, the pair purchased the site from the original entity of One River Point, Miami River Project LLC, paying $58.85 million. The parcel enjoys an enviable location in the city’s epicenter, just steps from the Brickell financial district and luxury retail shopping and entertainment center, Brickell City Centre, as well as the major transportation hubs, and within minutes from Miami Beach, the Port of Miami, major international airports, and cultural landmarks such as the Adrienne Arsht Center, American Airlines Arena and Perez Art Museum.
501 First Miami is a luxury, high-rise tower unfolding in Miami-Dade County. Although construction hasn’t started yet, the project’s gaining a lot of traction, with developers having submitted building permits for approval earlier this month.
General contractors hope to break ground on Tal Aventura in late 2023, a luxury residential venture located in Aventura, FL. As of October 3, 2022, developers had secured conditional approval from city officials. If all goes according to plan, future residents could move in 2025.
On Thursday, October 27, New York and Miami-based Aria Development Group, in partnership with AQARAT, one of Kuwait’s leading real estate companies, celebrated the grand opening of YotelPad Miami with a party-themed all things 305. Located 227 Northeast 2nd Street in the heart of Downtown Miami, the stylish 31-story mixed-use project, designed by Stantec, was the first new construction condominium in the area to offer buyers the option to rent out their units for short-term stays without restrictions. The location consists of 222 Yotel rooms and 231 residence-style pads. YotelPad Miami is the brand’s second pad location worldwide following the 2020 opening of YotelPad Park City, marking the sixth location in the US and 21st globally.
