Pine 42 is a multi-million-dollar multifamily complex that will comprise 50 move-in-ready homes. Units range from 700 square feet to 2,700 square feet each. They include one-bedroom to three-bedroom homes, plus eight penthouses.
New York City-based Naftali Group has filed plans for 201 North Federal Highway, a two-tower mixed-use development of 47 and 44 stories proposed in Fort Lauderdale’s downtown core. Designed by Arquitectonica with landscape architecture from ESDA, Inc., and Kimley-Horn as the civil engineer and traffic engineer, the proposal calls for 1,483,708 square feet of space, including 824 residential units, 19,391 square feet of amenities, 10,399 square feet of commercial/retail space, and 877 parking spaces across two towers of approximately 509 feet and 493 feet over a multi-story podium. The approximate 1.52-acre property is located at the corner of Northeast 2nd Street and North Federal Highway; Toothaker is the land-use attorney.
Construction’s expected to start on Cathedral Commons in August 2023. It’s called Cathedral Commons because it’s located in Jacksonville’s Downtown Cathedral District.
The Affiliated Group hopes to make a project even bigger than before. If approved, the Pierce would offer 300 homes, ranging from 572 square feet to 1,423 square feet each. They include studios to three-bedroom units.
L&L Holding Company and Oak Row Equities announced they have closed on $215 million in construction financing for The Wynwood Plaza, a one-million-square-foot campus that will bring class-AAA office, residential, retail, and outdoor space to 95 NW 29th Street in Miami’s famed Wynwood Arts District. The developers, alongside project partner Shorenstein Properties LLC and co-investor Claure Group, secured the loan from Bank OZK. With full project financing now in place, major construction will commence immediately, with anticipated completion in 2025.
