Despite various complications, Fifteen Allapattah is still undergoing construction in Miami, FL. Construction broke ground on the mid-rise project in 2021, with Proton Builders LLC operating as the general contractor.
Miami-based Sevilla Group hopes to get approval for a residential community. Sevilla Parc would comprise 192 units spread across six low-rise buildings. The South Florida Business Journal notes that homes would comprise one-bedroom and two-bedroom units.
A 2.91-acre parcel across from Spirit Airlines’ headquarters will soon find new life as The Aileron, a residential housing complex. The project calls for two 15-story towers to be developed in two phases. Both will have 380 units.
Developers Related Group (Related) and partner Alta Developers have closed on $240 million in financing for Casa Bella Residences by B&B Italia (Casa Bella), a 56-story residential building that broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.
A Coral Gables-based developer hopes to get approval for Beacon Flats, a residential complex in Miami-Dade County. The complex, which would comprise 103,176 square feet of new construction, would offer 109 apartments divided between two three-story buildings.
