Residential

One Park Sarasota Opens Sales Gallery at 20 N. Lemon Ave., Reaches 50% Sold Mark

8:00 am on June 25, 2022 By Oscar Nunez

National developer Property Markets Group (PMG) and Sarasota-based JEBCO Ventures, are pleased to announce the grand opening of One Park Sarasota’s Sales Gallery located at 20 North Lemon Avenue. The sales gallery launches at the heels of astounding sales success, having sold over 50% of its units and slated to break ground in Q1 of 2023. One Park’s experiential sales gallery features a high tech immersive 10’ tall x 16’ wide LED wall that showcases the development and bay area, a full-size model kitchen, and an owner’s suite grand closet. Experience exceptional service and a serene ambiance as you immerse yourself in luxury living reimagined.

New Multi-Family Development Could Start Construction at Southwest 145th Avenue, Pembroke Pines, Florida

7:00 am on June 25, 2022 By Colt Dodd

Not too long ago, TPA Development finished construction on one of its office buildings in Broward County, Florida. Now, the firm hopes to start construction on another venture. The Real Deal reports that the residential venture will be completed in phases, with phase 1 offering 350 multi-family units.

Adam America And Stellar Communities Purchase 7.2 Acres For 275-Unit Multifamily Development In Dania Beach

8:00 am on June 24, 2022 By Oscar Nunez

AARE Sunbelt, an affiliate of Adam America Real Estate, a privately held real estate development and investment company with over 42 renovation and development projects launched since 2009, and Stellar Communities, a leading residential real estate development company in Florida with 3,000 homes delivered since 2009, recently announced the acquisition of 7.2 acres of fully-entitled land at 4200 Southwest 54th Court in Dania Beach, Florida. The joint-venture partners plan to build a 6-story, 275-rental-unit multifamily development in close proximity to the newly built Seminole Hard Rock Hotel & Casino. The transaction marks the joint-venture partners second land acquisition planned for multifamily development in the heart of South Florida.

Progress at University Proposed at 1400 Desoto Road, Sarasota, Florida

7:00 am on June 24, 2022 By Colt Dodd

MMI Development hopes to move forward with a $105 million residential venture in Sarasota County. Progress at University could comprise five four-story buildings, offering 280 multi-family units on a 16.57-acre lot. Records from Sarasota County report that the proposed build site formerly served as overflow parking for the now-defunct greyhound racing stadium.

Aura Delray Beach To Open in 2023 at 2105 West Atlantic Avenue, Delray Beach, Florida

7:00 am on June 23, 2022 By Colt Dodd

Aura Delray Beach is slated to open in Spring 2023, offering more than 290 luxury residences on a 12.20-acre lot. Moss & Associates––Corporate Office started construction on the venture in late 2021.

Plans Filed For 30-Story Flagler Sky View With 270 Residential Units At 501 NE 4th Street In Fort Lauderdale

8:00 am on June 22, 2022 By Oscar Nunez

Sites plans for a 30-story multifamily mixed-use building have been filed with Fort Lauderdale’s Development Review Committee (DRC) addressed as 501 Northeast 4th Street in the city’s Downtown Core. The building would rise approximately 380-feet tall and would yield 441,654 square feet of space including 270 residential units and 2,680 square feet of ground floor retail space. The project is designed by Fort Lauderdale’s very own FSMY Architects + Planners and is being proposed for development by Mainstreet NCC Flagler LLC, an entity managed by Paul J. Kilgallon of Mainstreet Capital Partners (Mainstreet). The project is currently dubbed Flagler Sky View, and was scheduled for review on June 14, 2022.

Naples Beach Club To Finish Construction in 2024 at 851 Gulf Shore Boulevard North, Naples, Florida

7:00 am on June 22, 2022 By Colt Dodd

Demolition has started on the Naples Beach Hotel, a historic property dating back to the 1940s. In its place will be a new venture called the “Naples Beach Club Hotel.” It’s under the Four Seasons brand and will offer 216 hotel rooms and more than 150 condos.

42 Pine Lands $35.5 Million Construction Loan From BridgeCity Capital, Reaches 50% Sold Mark

8:00 am on June 21, 2022 By Oscar Nunez

Brooklyn, New York-based BridgeCity Capital is providing $35.5 million in financing to Miami Beach-based JP Roosevelt to begin construction on 42 Pine, an 8-story boutique condominium building envisioned for 340 West 42nd Street between Sheridan Drive and Pine Tree Drive in Nautilus, Miami Beach. The project is designed inside and out by Arquitectonica with landscaping by ULU Studio and offers 50 well-appointed residences spanning 700 to 2,700 square feet, ranging between 1-to-3 bedroom residences and penthouse units. Sales launched just over a month ago, and has already reached the 50% sold mark. Units are priced from $700,000 to $4,000,000 with sales and marketing exclusively handled by Mushka Jacobson of Douglas Elliman.

Altis Santa Barbara Unfolds at 4670 Santa Barbara Boulevard, Naples, Florida

7:00 am on June 21, 2022 By Colt Dodd

Construction is ongoing on Altis Santa Barbara, a luxury housing development in Naples, Florida. The venture will require more than 160,000 square feet of new construction, with Heatherwood Construction Company (the general contractor) having started sitework in Spring 2022. Buildings in the community will measure one to five stories above grade.

Massive Housing Development Proposed for Saint Cloud, Florida

7:00 am on June 20, 2022 By Colt Dodd

Osceola County recently approved a new housing development. Whaley Platt Development will comprise 2,818 units, ranging from townhomes to single-family residences. WESH2 notes that 1,825 units will be single-family detached homes with garages.

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