South Florida

Groundbreaking Date Announced For 1,049-Foot Supertall Waldorf Astoria Hotel & Residences In Downtown Miami

8:00 am on October 16, 2022 By Oscar Nunez

Today, national developer Property Markets Group along with Canadian private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton proudly announce the official groundbreaking of Waldorf Astoria Hotel & Residences in Downtown Miami. Located at 300 Biscayne Boulevard, the soaring tower will rise 100 stories and 1,049 feet above Biscayne Bay, marking Miami’s first supertall tower and the tallest residential building south of New York City. This also marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami and South Florida market. John Moriarty Associates is the general contractor and is scheduled to break ground on Thursday, October 27, 2022.

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

8:00 am on October 2, 2022 By Oscar Nunez

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.

Panther National Offers Luxury Estates and Golfing in Palm Beach Gardens, Florida

7:00 am on September 21, 2022 By Colt Dodd

Panther National is a new mixed-use development slated for Palm Beach Gardens, Florida. The $120 million venture is a luxury residential community centered around an 18-hole golf course.

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

8:00 am on September 16, 2022 By Oscar Nunez

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.

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

8:00 am on September 6, 2022 By Oscar Nunez

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.

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

7:00 am on August 31, 2022 By Colt Dodd

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.

Vasco Vieira-Designed AKAI Estates Slated To Offer 16 Luxury Single-Family Homes In Southwest Ranches, Florida

8:00 am on April 29, 2022 By Oscar Nunez

South Florida is currently experiencing a shift in demand for luxury real estate, where the most fortunate of buyers are drifting away from the coastal cities and opting for inland areas that can offer high caliber luxury single-family homes without sacrificing space or land. Developers Alex Yokana, Jairo Vela, Michael Sochaczevski, and Amos Sochaczevski understood the preferences of this niche of buyers very well, and set their eyes on a 44-acre swath of pristine land located at 4701 Akai Drive, just south of Griffin Road in the Tara subdivision of Southwest Ranches in Broward County. Construction is soon to begin on the lavish homes of AKAI Estates, a fully gated ultra-luxurious community comprised of only 16 residences featuring unique modern architectural designs by Portuguese architect Vasco Vieira with Jiro Yates as the architect of record, open floor plans of 7,000-12,000+ square feet, stunning finishes and attention to detail, and access to a variety of uncommonly upscale neighborhood amenities.

BGI Companies Locks In Construction Financing For 22-Story Alba Palm Beach In Northwood, West Palm Beach

8:00 am on April 23, 2022 By Oscar Nunez

BGI Companies has closed on an $82 million construction loan from Trez Capital, a private real estate lender helping to build better communities across North America. The loan was arranged by BGI Capital for the construction of Alba Palm Beach, a new 22-story waterfront residential condominium development in collaboration with Blue Road Group located at 4714 North Flagler Drive, directly facing the Intracoastal Waterway in the emerging and growing Northwood neighborhood of West Palm Beach. The development is designed by Spina O’Rourke + Partners with Schmidt Nichols as the landscape architect, and is comprised of a collection of 55 luxury condominiums and 4 two- and three-story townhomes. The development has received a strong response with more than 30 percent of the building reserved since launching sales in February 2022.

Fortune International Group And Blue Road Launch 15-Story Nexo Residences In North Miami Beach

8:00 am on April 21, 2022 By Oscar Nunez

Fortune International Group, one of South Florida’s preeminent leaders in residential real estate development, in partnership with Bay Harbor Islands-based Blue Road, have launched Nexo Residences, a 15-story residential building planned for 13899 Biscayne Boulevard in North Miami Beach. Designed by Frankel Benayoun Architects Inc. with consultation from internationally-renowned architect Carlos Ott and Urban Robot Associates handling landscaping and interiors, the structure will yield 254 move-in ready condominium residences with short-term rental capability, one of the first of this kind for North Miami Beach. The developers, who are reportedly under contract to purchase the property, hope to break ground later this year on the triangular 1.74-acre site, bound by Northeast 139th Street on the north, Biscayne Boulevard on the west, Highland Drive on the south and Northeast 20th Place on the east. Fortune Development Sales is exclusively handling sales and marketing, with units starting from $400,000.

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