South Florida

Merrimac Ventures Nabs Development Site For 30-Story ArtsPark Lofts In Fort Lauderdale

Merrimac Ventures, one of South Florida’s leading real estate development firms led by brothers Dev and Nitin Motwani, acquired a development assemblage near the Brightline Fort Lauderdale Station to build ArtsPark Lofts, a 30-story mixed-use multifamily and commercial development planned for 407 North Andrews Avenue in Flagler Village. Designed by FSMY Architects & Planners with landscape architecture and civil engineering by KEITH, the project comprises 396,757 square feet of space, including 289 residential units, 1,914 square feet of commercial space, and a 6-story parking garage for 359 vehicles. Merrimac paid $8.5 million for the 0.73-acre site that includes 421, 413, and 407 North Andrews Avenue. 

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Unveiled: 55-Story Tower To Become First Stand-Alone EDITION Residences In Miami

South Florida-based Two Roads Development has unveiled plans for EDITION Residences, Miami Edgewater, the luxury brand’s first stand-alone collection of fully serviced condominium residences. Located at 2121 North Bayshore Drive in Miami’s premier Edgewater neighborhood, the 55-story bayfront tower will enjoy over 800 linear feet of frontage on Biscayne Bay and uphold the EDITION brand’s quality of design, services, and amenities. The project will feature 185 bespoke homes showcased in a sleek, 649-foot-tall glass tower designed by visionary architect Bernardo Fort-Brescia, founder of Arquitectonica, with acclaimed interiors by Studio Munge led by Alessandro Munge. Construction is scheduled to begin in the Summer of 2023, with an estimated delivery timeframe of 36 months. 

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YIMBY Looks At Some Of South Florida’s Most Anticipated Luxury Residential Developments

As South Florida’s construction boom continues to advance, developers are becoming more and more creative in their product offerings, incorporating notable brands with world-class design from the most renown architectural firms, exclusive amenities, lavish custom interiors from the most prestigious interior design firms, and most importantly – desirable locations with pristine views. In this article, YIMBY will look into four highly awaited, skyline-altering projects expected to break ground in the near future.

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Pearl Sunrise to Replace Ice Skating Rink at 3363 North Pine Island Road, Sunrise, Florida

Pearl Sunrise, a multi-family housing development, could soon replace a long-abandoned ice skating rink in Sunrise, Florida. The Real Deal reports that the venture may comprise 452 apartment units. The South Florida Business Journal reports that 15 percent of those units will be set aside for those making up to 120 percent of the area’s median income. Homes vary from one-bedroom to three-bedroom layout plans.

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