The Grove Resort & Water Park is one of Central Florida’s many vacation spots, just six miles away from Walt Disney World Resort. Now, an expansion’s underway, offering 160 vacation units, per the West Orange Times. The venture’s website calls the expansion: “The best of both worlds in vacation home ownership.”
An 11-story Mediterranean-themed mixed-use development designed by MSA Architects has been proposed for 3808 Southwest 8th Street in Coral Gables. FRC Realty Inc., an entity linked to Chicago-based real estate developer Fifield Realty Corp, submitted plans for a 227,670-square-foot building to be considered by Coral Gables’ Development Review Committee, which includes 103 residential units and amenities spread across 105,946 square feet of space, approximately 11,350 square feet of retail space, 7,241 square feet of office space and a garage integrated into the podium for up to 177 vehicles. Witkin Hults + Partners is listed as the landscape architect and Kimley Horn is the civil engineer.
La Baia has started construction in Bay Harbor Islands, Florida. The venture offers 68 luxury units that have already sold out, having gone on sale in October 2021. Homes range from 1,100 square feet to 2,500 square feet, offering one-bedroom to four-bedroom units.
The Reserve at Jensen Beach is scheduled to open in Summer 2022. The community comprises multiple low-rise building and offers 197 homes. Capano Residential notes that homes will range from 851 square feet to 1,345 square feet each.
Florida East Coast Realty (FECR), the developer behind Miami’s current tallest skyscraper, the 85-story Panorama Tower, has sold the last remaining prime waterfront development site in Brickell for a record breaking $363 million to 1201 Brickell Bay LLC, managed by Randall Davis in Chicago. FECR, led by real estate visionary Tibor Hollo and his family, held ownership of the property since around October 2000, which according to city records was originally purchased for $15.5 million. The property is addressed as 1201 Brickell Bay Drive, a 2.5-acre site bound by Southeast 12th Street on the north and Brickell Bay Drive on the west intersecting Southeast 12th Terrace. In 2016, FECR along with Corigin Real Estate Group and McCourt Global properties, announced plans for two 1,049-foot supertall mixed-use towers with 660 units designed by Foster + Partners dubbed ‘The Tower by Foster + Partners’, but those plans were never realized.
