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Terra Acquiring Former Miami Herald Site From Genting Group For $1.225 Billion, Plans Waterfront Transformation

8:00 am on May 2, 2023 By Oscar Nunez

SmartCity Miami LLC, an investment group led by Miami-based Terra and its CEO, David Martin, has finalized terms for acquiring a 15.5-acre development site on Biscayne Bay in Downtown Miami. The group will purchase the site, previously home to the Miami Herald newspaper offices, from its owner, Genting Group, for $1.225 billion. The site is the largest undeveloped waterfront property in Miami’s urban core, midway between Miami Beach and Miami International Airport. It offers over 800 feet of direct frontage along Biscayne Bay and is adjacent to Miami’s Museum Park, the Adrienne Arsht Center for the Performing Arts, and the Metromover transit system. The closing is set to take place later this year.

Sixth & Rio Planned for 2024 Delivery at 501 SE 6th Avenue, Fort Lauderdale, Florida

7:00 am on May 2, 2023 By Colt Dodd

Meet Sixth & Rio, a boutique residential venture along the New River. The multi-million-dollar project will offer 94 homes in a nine-story building.

The Julia Tops Off At 1625 Northwest 20th Street In Allapattah, Miami

8:00 am on April 12, 2023 By Oscar Nunez

Neology Life Development Group (Neology), led by Lissette Calderon, has officially topped off construction of “The Julia,” a 14-story, $100 million residential tower at 1625 Northwest 20th Street that will deliver 323 one- and two-bedroom apartments to Miami’s Allapattah neighborhood in downtown Miami in February 2024. The development, design, and construction team members, including JAXI Builders, Inc., Behar Font & Partners, interior designer designBAR, and landscape architect Witkin Hults + Partners, gathered on Friday, March 31, 2023, to commemorate the milestone in construction.

Onda Residences Tops Off Construction At 1135 103rd Street In Bay Harbor Islands

8:00 am on February 28, 2023 By Oscar Nunez

Onda Residences, a 41-unit residential building project developed by Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties, has topped off construction at eight stories. Located along Biscayne Bay at 1135 103rd Street, the architect behind the project is Bernardo Fort-Brescia of Arquitectonica. Enzo Enea of Enea Garden Design is designing landscape architecture, and Carlo and Paolo Colombo of A++ Human Sustainable Architecture are handling interior design. Coastal Construction is the development’s general contractor and will complete construction later this year.

Miami’s Building Department Issues Demolition Permit To Developers For Casa Bella Site In Downtown Miami

8:00 am on February 5, 2023 By Oscar Nunez

On January 30, Miami’s Building Department approved a permit to demolish a 3-story office building located at 1400 Biscayne Boulevard. This demolition will clear the way for constructing Casa Bella by B&B Italia, a 55-story luxury residential condo tower designed by world-renowned architecture firm Arquitectonica, with interiors being designed by Piero Lissoni. The scope of work, estimated to cost $800,000, will involve the clearance of 249,978 square feet, and BG Group has been contracted as the demolition contractor.

42 Pine Set to Finish Construction in Late 2023 at 340 West 42nd Street, Miami Beach, Florida, 33140

7:00 am on January 25, 2023 By Colt Dodd

Pine 42 is a multi-million-dollar multifamily complex that will comprise 50 move-in-ready homes. Units range from 700 square feet to 2,700 square feet each. They include one-bedroom to three-bedroom homes, plus eight penthouses.

Permits Filed For The Crosby Miami Worldcenter At 601 North Miami Avenue

8:00 am on August 5, 2022 By Oscar Nunez

New construction permits have been filed for The Crosby Miami Worldcenter, a 33-story residential building slated for the 27-acre Miami Worldcenter 10-block mixed-use complex in Park West, Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed by Related Group and Merrimac Ventures under the DT G Block LLC, the 376-foot-tall will yield 450 fully finished and furnished condominium units spread across 387,355 square feet with interiors by AvroKO, as well as 3,370 square feet of general retail space. Beauchamp Construction Co., Inc. is the general contractor for the project, which is addressed as 601 North Miami Avenue.

Deseo Apartments Could Get Second Phase, Offering 365 Units in Orlando, FL

7:00 am on July 26, 2022 By Colt Dodd

Deseo Apartments is getting a second phase in Orlando, Florida. As it stands, Deseo Apartments offers homes measuring 750 square feet to about 1,200 square feet each. Per ORB Engineering, the second phase will add 365 apartments in a five-story building.

One River To Offer 251 Luxury Units at 629 Southeast 5th Avenue, Fort Lauderdale, Florida, 33301

7:00 am on July 14, 2022 By Colt Dodd

One River is slated for construction in Fort Lauderdale, Florida. The venture, which will cost nearly $100 million to complete, will measure 34 stories above grade and offer 251 luxury residential units. The goal is to offer homes and various amenities to the South Florida area, which is seeing a huge housing boom right no

Miami Springs Town Center Unfolding at 1 Curtiss Parkway, Miami Springs, Florida, 33166

7:00 am on May 25, 2022 By Colt Dodd

Miami Springs Town Center is still undergoing construction in Miami-Dade County, Florida. The South Florida Business Journal reports that originally, developers intended to start vertical construction in early 2020. Then Covid-19 happened. Now that the project’s back on track (thanks to a $14.7 million construction loan), it’s nearing completion.

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