Residential

CMC Group Lands $239 Million Construction Loan For Vita at Grove Isle Condo At 5 Grove Isle Drive In Miami

8:00 am on January 5, 2024 By Oscar Nunez

Miami-based CMC Group, led by real estate developer Ugo Colombo, has obtained a $239 million construction loan from Bank OZK to develop Vita at Grove Isle. This luxury condominium project, currently under construction at 5 Grie Isle Drive on the private island of Grove Isle, near Miami’s Coconut Grove, will consist of a seven-story building with 65 waterfront residences, each boasting panoramic bay views and high-quality finishes. The project, which broke ground in April 2023, is progressing with vertical construction and is slated for completion by late 2025.

The 1000 Marina Mile Apartments Proposed for 1000 W. State Road 84/Marina Mile, Fort Lauderdale, FL

7:00 am on January 5, 2024 By Colt Dodd

Karu, an 8,380-square-foot nightclub in Miami, could be replaced with a high-rise complex. The 1000 Marina Mile Apartments would rise 15 stories above grade, offering 283 units and requiring more than 515,000 square feet of new construction.

Mixed-Use Gallery Haus Planned for 155 17th St. S., St. Petersburg, FL

7:00 am on January 4, 2024 By Colt Dodd

Black Salmon, a commercial real estate firm, and LD&D, a development/design firm, have partnered together on a new venture in St. Petersburg, FL. The duo recently purchased a 0.77-acre site for $9.05 million.

Developer Proposes 161-Unit Community for 5642 W. State Road 46, Sanford, Florida

7:00 am on January 3, 2024 By Colt Dodd

A North Palm Beach-based developer has proposed an age-restricted residential community in Sanford, FL. AgeWell Solvere Living will comprise 185,000 square feet of new construction, offering 161 units in a four-story building.

The Marina Club Apartments Planned for 2025 Completion at 4311 34th Street, St. Petersburg, Florida

7:00 am on January 2, 2024 By Colt Dodd

Developers have surpassed a key milestone regarding the Marina Club Apartments. The multi-family development will offer 400 Class A units in an eight-story building.

Menesse Brickell to Offer 300 Luxury Residences at 143 Southwest Ninth Street, Miami, Florida

7:00 am on December 31, 2023 By Colt Dodd

Florida YIMBY has learned that developer Menesee Brickell LLC has refinanced Menesse Brickell, a high-rise venture in Miami. The 39-story project will measure 426 feet tall, offering 400 residences and 415 parking spots.

Two Housing Developments Approved for St. Johns County, FL

7:00 am on December 30, 2023 By Colt Dodd

Our sources indicate that developer PulteGroup has two projects planned for St. Johns County in Northern Florida. The two ventures (the Landings at Greenbriar and the Landings at St. Johns) will offer more than 1,000 homes total.

Novu Normandy Apartments Set for Spring 2026 at 1485 Fouraker Road, Jacksonville, FL

7:00 am on December 29, 2023 By Colt Dodd

Construction started on Novu Normandy Apartments in November 2023, and it’s shaping up to finish construction by spring 2026. The garden-style community will comprise 308 units spread across eight low-rise buildings.

Developer Proposes AMC Park Apartments for 12501 S.W. 236th St., Homestead, FL

7:00 am on December 28, 2023 By Colt Dodd

AMC Development Group has submitted revised plans for an apartment complex in southern Miami-Dade County. Originally, AMC Park apartments was to comprise 512 units.

Village Place to Replace Defunct Mall at 101 U.S. Highway 1, North Palm Beach, FL

7:00 am on December 27, 2023 By Colt Dodd

The Twin City Mall in South Florida could get redeveloped into a mixed-use project. The struggling mall opened in 1971, and since then, many plans have been discussed to replace it. Now, our sources indicate that Village Place could soon come to fruition.

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