Residential

Miami Blue Lagoon Development Site Slated for Auction Following Foreclosure Ruling

8:00 am on August 21, 2024 By Oscar Nunez

A development site in Miami’s Blue Lagoon area, previously approved for apartments and a hotel, is now facing foreclosure and is set to be auctioned due to a $17.9 million lawsuit. Miami-Dade County Circuit Court Judge Thomas J. Rebull granted the foreclosure judgment on August 10 in favor of TIG Romspen US Master Mortgage against 7 at Blue Lagoon LLC and loan guarantor Caroline Weiss. The judgment is tied to a loan with $13.2 million in outstanding principal and additional interest and fees. The court found that the borrower failed to repay the loan by its maturity date on October 1, 2022, and neglected to pay real estate taxes from 2020 to 2022.

Affiliate of Gables Residential Proposes Community for 250 Racquet Club Road, Weston, FL

7:00 am on August 21, 2024 By Colt Dodd

The Weston City Commission heard the proposal for Gables Weston on August 19th, where an affiliate of Atlanta-based Gables Residential wanted to have the parcel rezoned from high-rise multi-family to planned development district.

‘Bayou Court Apartments’ Tops Out at 4201 4th Street South, St. Petersburg, FL

7:00 am on August 20, 2024 By Colt Dodd

In December 2023, Florida YIMBY reported on Bayou Court Apartments, a housing development in South St. Petersburg. Now, eight months later, we have an update on this emerging venture. St. Pete Rising reports that the mid-rise venture has officially topped out, drawing the project closer to completion.

Second Phase Of Quail Roost Station Breaks Ground Along Forthcoming Transit Hub In Miami-Dade County

8:00 am on August 19, 2024 By Oscar Nunez

Atlantic Pacific Companies has broken ground on an affordable housing project for seniors at Quail Roost Station in Perrine. This development will be a hub along Miami-Dade County’s forthcoming electric bus rapid transit system and offer direct access to public transportation along the South Dade TransitWay, making it a crucial part of its transit-oriented community initiatives.

40-Unit ‘Belle Apartments’ Planned for 18234 Homestead Ave, Miami, FL

7:00 am on August 19, 2024 By Colt Dodd

Belle Development LLC hopes to move forward with the Belle Apartments, an eight-story venture near the future South Dade TransitWay. If approved, the project would offer 40 homes measuring 532 to 1,100 square feet.

‘Cypress Grove’ to Offer 84 Affordable Housing Units at 555 16th Avenue Southeast, Largo, FL, 33771

7:00 am on August 17, 2024 By Colt Dodd

Cypress Grove Apartments will offer 84 units. Forty-five units will be reserved for those earning up to 60 percent of the area median income (AMI), while the remaining 39 will be for those earning up to 80 percent.

23-Story ‘Lumaire’ Completes Construction at 201 Clearwater Drive, West Palm Beach, FL

7:00 am on August 16, 2024 By Colt Dodd

Lumaire, a 23-story residential venture in Downtown West Palm Beach, has finished construction and is now leasing. Multi-Housing News reports that the community features 457 “light-filled residences”, with floorplans ranging from studio to three-bedroom apartments.

New Rendering Revealed for The Residences at Mandarin Oriental, Miami

8:00 am on August 15, 2024 By Oscar Nunez

A new rendering has been revealed for The Residences at Mandarin Oriental, Miami, a 66-story residential tower at 500 Brickell Key in Miami. Designed by Kohn Pedersen Fox and developed by Swire Properties, the rendering offers a hero perspective looking upwards towards the apex of the building, showcasing the architectural and structural details in greater clarity. The design emphasizes the tower’s curved corners and subtle convex profile, contributing to its sleek and modern aesthetic.

Developer Secured Construction Loan for ‘the Gateway Luxury Apartments’ at 950 N. Powerline Road, Pompano Beach, FL

7:00 am on August 15, 2024 By Colt Dodd

In June 2022, Florida YIMBY reported on the Gateway Luxury Apartments, a residential housing development in Pompano Beach. Now, the developer has secured the $18 million construction loan needed to push the project to completion.

FAA Approves Tower Cranes for 41-Story Development at 520 W. Broward Blvd in Fort Lauderdale

8:00 am on August 14, 2024 By Oscar Nunez

The Federal Aviation Administration has issued permits for two tower cranes at 520 West Broward Boulevard in Fort Lauderdale, where Woodfield Investments plans to build a 41-story tower. The permits, issued on August 7 and expire on February 7, 2026, allow the cranes to rise 507 feet and 546 feet above ground, or 511 and 550 feet above mean sea level. The development, designed by Spina O’Rourke + Partners with landscape architecture by EDSA, will feature 365 apartments, 2,500 square feet of commercial space, and a 444-space parking garage.

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