Skyscraper

Waldorf Astoria Hotel & Residences Secures Record-Breaking Construction Loan and Reaches Major Milestone in Downtown Miami

8:00 am on June 23, 2024 By Oscar Nunez

The Waldorf Astoria Hotel & Residences, a nearly 100-story luxury tower set to rise at 300 Biscayne Boulevard in Downtown Miami, has secured a historic $668 million construction loan, the largest ever for a residential condominium development in Florida. The project, developed by PMG, Greybrook, Mohari Hospitality, S2 Development, and Hilton, achieved this financing milestone with Bank OZK and Related Fund Management providing the funds.

Miami Riverbridge Gains Unanimous Approval from City of Miami Urban Development Review Board

8:00 am on June 22, 2024 By Oscar Nunez

The redevelopment plans for Downtown Miami’s Hyatt Regency site have received unanimous approval from the City of Miami Urban Development Review Board. The updated project plans for Miami Riverbridge, presented by Hyatt Hotels Corporation and Miami’s Gencom under HRM Owner, LLC, were approved without any conditions at the board hearing. Construction is expected to begin in 2026, with an anticipated opening in 2030.

Plans Filed for Wynwood’s Tallest Tower: 48-Story Mixed-Use Development at 2101 NW Miami Court

8:00 am on June 3, 2024 By Oscar Nunez

Plans for Wynwood’s tallest-ever tower have been filed. Currently known by its address, 2101 NW Miami Ct, the proposed mixed-use development, designed by Arquitectonica and developed by Wynwood Interest LLC, managed by Isaac, Jacobo, Simon, John, and Rosa Bazbaz, is set to rise 48 stories, or 490 feet above ground and 506 feet above sea level. The project would yield approximately 755,688 square feet of floor area, including 544 residential units, two floors of amenities on levels 9 and 10, 19,292 square feet of ground-floor retail, and 621 on-site parking spaces spread over six garage levels. The Wynwood Design Review Committee is scheduled to hold a hearing on the proposal on June 4.

60-Story ‘Summit Brickell’ Gets FAA Clearance To Rise 765 Feet Above Ground

8:00 am on May 23, 2024 By Oscar Nunez

Summit Brickell, a planned mixed-use development at 1015 Southwest 1st Avenue in Miami’s Brickell neighborhood, has recently secured Federal Aviation Administration (FAA) approval. Filed on April 5 and swiftly approved on May 21, the tower is approved to rise 765 feet above ground or 769 feet above sea level at its highest point. Designed by Corwil Architects and developed by Lore Development Group—a joint venture between Brazilian billionaire Daniel Dantas’ Opportunity investment firm and Leste Group—the 60-story structure will encompass a total floor area ratio (FAR) of 717,740 square feet. It will feature 500 residential units, 1,583 square feet of commercial space, and 500 parking spaces.

Developer Proposes 48-Story Apartment Tower At 203 NE 3rd Street In Fort Lauderdale

8:00 am on May 15, 2024 By Oscar Nunez

3rd Street Capital 203-215 Propco, LLC, an affiliate of Secaucus, New Jersey-based National Realty Investment Advisors (NRIA), has filed plans for a 48-story apartment tower with ground-floor commercial space at 203 Northeast 3rd Street in Fort Lauderdale. Proposed to rise on a 0.66-acre site comprising four vacant land parcels west of NE 3rd Avenue and east of North Andrews Avenue within the Downtown Regional Activity Center, the 520-foot-tall structure would yield 731,963 gross square feet, including 429 apartments, a 2,711-square-foot restaurant, and 432 parking spaces. FSMY Architects + Planners is the architect, and Architectural Alliance Lan dscape is the landscape architect. Fort Lauderdale’s Development Review Committee is now considering plans originally scheduled for review on May 14.

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.

Aston Martin Residences Completes Construction At 300 Biscayne Boulevard Way In Downtown Miami

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

Construction is complete on Aston Martin Residences, a 66-story residential building at 300 Biscayne Boulevard Way in downtown Miami. Located at the mouth of the Miami River, this milestone was celebrated with a ribbon-cutting ceremony attended by the Coto family, Aston Martin executives, Buenos Aires-based architect Rodolfo Miani from Bodas Miani Anger, leaders from Cervera Real Estate, and Miami Mayor Francis Suarez. The event marked the culmination of nearly a decade of development, with the tower now officially open and housing 391 condominiums. Projections suggest a sellout value exceeding $1 billion.

Foundation Work Progresses On The Site Of Miami’s First Supertall Skyscraper

8:00 am on May 1, 2024 By Oscar Nunez

Foundation work at 300 Biscayne Boulevard, the site of the forthcoming Waldorf Astoria Hotel & Residences, has reached a significant milestone. This 100-story supertall tower, designed by Sieger Suarez Architects in collaboration with Carlos Ott, is poised to transform the downtown Miami skyline. Developed by Property Markets Group in partnership with Greybrook Realty Partners, Mohari Hospitality, S2 Development, and Hilton, the 1,049-foot-tall structure will be the tallest building in Miami and Florida’s first supertall skyscraper, encompassing 1,738,999 square feet, featuring 1,067,777 square feet of residential space, 431,776 square feet of hotel space, 13,244 square feet of retail and restaurant space, 6,171 square feet of office space, 212,803 square feet of garage space across 11 stories. John Moriarty & Associates is the general contractor overseeing the construction.

Demolition Permits Filed For 1016 Northeast 2nd Avenue At Miami Worldcenter

8:00 am on April 19, 2023 By Oscar Nunez

Demolition permits are now in motion for a commercial building formerly serving as the sales center for Paramount Miami Worldcenter. Situated at 1016 Northeast 2nd Avenue, also recognized as the eastern parcel of Miami Worldcenter’s Block A, the demolition project encompasses removing a 26,946-square-foot structure, initially constructed in 1958 and expanded through 1981. The 90,827-square-foot property is poised for transformation. TNG MWC LLC, an affiliate of the New York-based Naftali Group (Naftali), is listed as the applicant of record, with plans to develop a 65-story mixed-use tower on the site.

Renderings Surface For Naftali Group’s Planned 700-Foot Skyscraper At Miami Worldcenter Block A

8:00 am on April 14, 2023 By Oscar Nunez

Renderings have emerged for 1016 Northeast 2nd Avenue, a proposed 65-story mixed-use skyscraper within the eastern section of Miami Worldcenter Block A in downtown Miami. Designed by Arquitectonica with Kimley-Horn as the civil engineer and EDSA as the landscape architect and developed by Naftali Group, a global real estate development and investment firm based in New York, the 700-foot-tall structure would yield 1,288,063 square feet of space, including 786 residential units, nearly 36,000 square feet of amenities, 3,611 square feet of ground-floor retail space, and 591 parking spaces. The 1.02-acre site, flanked by Northeast 10th and 11th Streets to the south and north and Northeast 2nd Avenue to the east, is situated adjacent to the elevated platform of the Eleventh Street Metromover Station. The developer is currently pursuing approval for the project, which is set to be reviewed by Miami’s Urban Development Review Board (UDRB) on April 19, 2023.

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