Residential

Two Roads & Alpha Blue Secure $121.5M Loan For Forte Luxury Condo in West Palm Beach

8:00 am on December 1, 2021 By Oscar Nunez

Two Roads Development and Alpha Blue Ventures have landed a $121.5 million construction loan for the development of Forté, a 24-story waterfront luxury condominium tower anticipated to rise at 1309 South Flagler Drive in West Palm Beach. Designed by Bernardo Fort-Brescia of Arquitectonica, with interiors by Jean-Louis Deniot, the project is planned to yield 41 expansive luxury residences; sales have done exceptionally well with nearly 60% sold prior to commencing construction. Units will come in three-and four-bedroom floor plans ranging from 4,200 to 8,400 square feet, and a six-bedroom penthouse spanning 8,900 square feet, priced from $6.7 million to $30 million.

Demolition Begins At Bay Oaks Apartments, Site Of Ritz-Carlton Residences Tampa

8:00 am on November 30, 2021 By Oscar Nunez

Demolition work has begun at 3105 Bay Oaks Court, where the Related Group is clearing the former Bay Oaks Apartments to make way for the upcoming Ritz-Carlton Residences Tampa, a 27-story two-tower residential development + 12…

Heron Ridge Opening Fall 2023 at 4351 Little Egret Road, Kissimmee, FL, 34746

7:00 am on November 30, 2021 By Colt Dodd

Heron Ridge is moving toward its construction phase in Osceola County, the community’s official website reports. Construction will start in December 2021.

270-Unit One Riverside Is Given Conceptual Approval In Downtown Jacksonville

8:00 am on November 29, 2021 By Oscar Nunez

The Downtown Development Review Board (DDRB) in Jacksonville has recommended conceptual approval for the construction of One Riverside, an 18.84-acre mixed-use development comprised of two 7-story multi-family residential buildings with a total of 270 residential units, a 3,000-square-foot riverfront restaurant, a residential pool, a stand-alone amenity building and a 7-deck parking garage with 502 spaces. The project site is located at One Riverside Avenue in the Brooklyn neighborhood of the Downtown area, bounded to the north by Riverside Ave, to the east by the Acosta Bridge, to the south by the St. John’s River, and to the West by the Haskell property. Atlanta-based Dwell Design Studio is listed as the architect; Tribridge Residential is the developer.

Banyan View to Provide 197 Homes at 2101 Presidential Way, West Palm Beach, FL, 33401

7:00 am on November 29, 2021 By Colt Dodd

Banyan View is moving toward completion, its official website reports. The residential community comprises two buildings, each measuring six stories above grade.

Hollywood Bread Building Demolished to Make Way for New Mixed-Use Complex at Hollywood Young Circle

7:00 am on November 28, 2021 By Colt Dodd

The Hollywood Bread Building, which ceased operations in the 1990s, will soon be replaced by a mixed-use development. The new high-rise building will offer over 300 residential units.

AMLI Residential Acquires Midtown 7 Development Site For $30.5 Million

8:00 am on November 26, 2021 By Oscar Nunez

Chicago-based AMLI Residential has acquired an 80,000-square-foot development site from real estate developer Midtown Development in Midtown Miami. Midtown Opportunities VB LLC, an affiliate of Midtown Development, sold the vacant 1.84-acre site to PPF AMLI 3001 NE 1st Avenue LLC, an entity linked to AMLI, for $30.5 million. The property is addressed as 3001 Northeast 1st Avenue, often recognized as Midtown 7, and is bounded by Gio Midtown on the north and Yard 8 Midtown on the south between Northeast 1st and East Coast Avenues with additional frontage on Northeast 30th Street.

Jaymor Group Submits Application For Two Waterfront High-Rises In Daytona Beach

7:30 am on November 26, 2021 By Oscar Nunez

Applications have been submitted to the Federal Aviation Administration for the development of the 11.3-acre Daytona Gateway Marina project, which is comprised of two mixed-use high rise buildings and a 138-slip marina at 135 East International Speedway Boulevard in Daytona Beach. The buildings would rise 415-feet and 417-feet, or 422-feet and 425-feet above sea level, and will include 550 luxury residences, a boutique hotel, retail and restaurant spaces, and space to accommodate vessels ranging from 40 to 150 feet as well as dry storage for up 250 boats. The Jaymor Group is the owner behind the applications.

400 Residential Units Finish Construction in Miami-Dade County, FL, 33169

7:00 am on November 26, 2021 By Colt Dodd

Vista Lago in Miami, FL, has exited its construction phase. Coastland Construction Incorporated began building the project in 2020 and finished in the fourth quarter of 2021.

AIMCO Plans For Two Luxury High Rises Along Biscayne Bay In Edgewater

8:00 am on November 25, 2021 By Oscar Nunez

Denver-based real estate developer AIMCO is planning to redevelop an assemblage of properties in Edgewater near Biscayne Bay. In their recent Fall 2021 Investor Presentation, the company told investors that they completed the purchase of additional properties beside their Hamilton on the Bay apartment tower, which combined will allow for 1.1 million square feet of new construction. The assemblage is comprised of 10 plots of land approximately totaling 70,000 square feet, which may give way to two luxury residential towers well over 50 stories, and potentially addressed as 640 Northeast 34th Street.

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