Residential

Developers Close On $141.5 Million In Financing For NoMad Residences Wynwood

8:00 am on May 13, 2024 By Oscar Nunez

Related Group and Tricap have secured $141.5 million in financing for NoMad Residences Wynwood. The project, underway in Miami’s Wynwood Arts District, received a $51.5 million mezzanine loan from Related Fund Management and a $90 million senior construction loan from Kennedy Wilson. The nine-story condominium tower commenced construction in October 2023 following its September groundbreaking. Located at 2700 Northwest 2nd Avenue near the Wynwood Walls, the building is designed by Arquitectonica, with interiors by DesignAgency.

PulteGroup Plans 145-Home ‘Amara’ for South of Hypoluxo Road in Lake Worth

7:00 am on May 13, 2024 By Colt Dodd

PulteGroup has plans for a single-family housing development north of Boynton Beach. The project, named “Amara,” will offer 145 residences, with at least 20 percent (29 units) resting on half-acre lots.

172-Unit ‘Marisol’ Undergoes Construction at 16335 Coastal Crest Place, Bradenton, FL

7:00 am on May 12, 2024 By Colt Dodd

Yesterday, we reported on Mia Bella Palmetto, a build-to-rent community in Southwest Florida. Now, we’re reporting on another one: Marisol, a Class A complex that began construction in 2022.

UDRB Filing Reveals 1.8-Million-Square-Foot Mixed-Use Development Proposed In Overtown, Miami

8:00 am on May 11, 2024 By Oscar Nunez

Plans have been filed for a massive mixed-use development at 650 Northwest 8th Street and 678 Northwest 7th Street in Overtown, Miami. The project is a collaborative effort between 0101 Miami Properties, LLC, led by brothers Jorge and Jose Mas, and 8th Street Connections Holdings, LLC, an affiliate of Terra. The proposed development would yield 1,827,392 square feet of space, including 1,215 residential units, 16,347 square feet of commercial space, and 1,831 parking spaces. The architectural layout features three 12-story apartment buildings, a nine-story parking garage with residential units facing the street, and a three-story apartment building, designed by Arquitectonica. The city’s Urban Development Review Board is set to review the plans on May 15.

Build-to-Rent ‘Mia Bella Palmetto’ Planned for 1955 49th Street East, Palmetto, FL

7:00 am on May 11, 2024 By Colt Dodd

Mize & Sefair Development is planning a build-to-rent community in Palmetto, Florida. Mia Bella Palmetto will comprise 30 single-family homes that will be marketed as rentals.

Developer Files Plans For Clear Residences, A 60-Story Tower At 130 SE 1st Street in Downtown Miami

8:00 am on May 10, 2024 By Oscar Nunez

Toronto-based Blutrich Holdings, led by Israeli-Canadian real estate investor Gil Blutrich, has filed plans for Clear Residences, a 60-story mixed-use building at 130 Southeast 1st Street in Downtown Miami. Designed by Kobi Karp Architecture & Interior Design with KEITH as the landscape architect, the nearly 690-foot-tall structure would yield approximately 666,432 square feet of floor area, including 549 residential units, 3,622 square feet of ground floor commercial space, nearly 40,000 square feet of amenities, and parking for 157 vehicles. Miami’s Urban Development Review Board is scheduled to review the proposal for the project on May 15.

ZOM Living Announces ‘MetLife Residential’ for MetLife International in Tampa, FL

7:00 am on May 10, 2024 By Colt Dodd

The final piece of the larger MetWest International puzzle has been announced in Tampa, FL. Our sources indicate that ZOM Living, in partnership with MetLife Investment Management, has plans for a mid-rise housing development named “MetWest Residential.”

FAA Permits Issued For 39-Story Mixed-Use Tower At 128 SW 7th Street In Brickell, Miami

8:00 am on May 9, 2024 By Oscar Nunez

The Federal Aviation Administration (FAA) has issued permits for a 39-story mixed-use building planned at 128 Southwest 7th Street in Miami’s Brickell financial district. Designed by Gensler, developed by Focus Development Inc (Focus) and tentatively dubbed Miami Starlite, the development is projected to yield 685,710 square feet of space. This includes 517 residential units, 8,282 square feet of retail space, and indoor parking for over 500 vehicles. Focus acquired the site for $28 million in November 2022. Previously the location of Brickell’s former Starlite East Motel, the property is a thru-block site with frontage on Southwest 8th Street and bound by the AC Miami Hotel on the east and the City Heights apartment tower on the west.

‘Alexan Kendall’ Makes Headway at 9030 Southwest 158th Avenue, the Hammocks, FL

7:00 am on May 9, 2024 By Colt Dodd

An affiliate of Dallas-based Trammell Crow Residential has filed a pre-application for the second phase of Alexan Kendall, the first phase of which is still under construction in West Kendall.

Mixed-Use ‘Whitney Village’ Planned for 3200 1st Avenue South, St. Petersburg, FL

7:00 am on May 8, 2024 By Colt Dodd

Four-and-a-half acres of the Jim & Heather Gills YMCA in St. Petersburg could soon be developed in a venture known as “Whitney Village.”

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