Miami-based developer Rilea Group has closed on a $150 million construction financing package for Mohawk at Wynwood, a 300-unit multifamily rental development now under construction along NE 29th Street in Miami’s Wynwood Arts District. Completion is slated for 2028.
Construction has started on a mixed-income housing development in Palm Beach County. Florida YIMBY first reported on this venture in March 2024.
Oak Row Equities, a leading vertically-integrated real estate private equity and development company with over $4 billion of development in South Florida, OKO Group, the Miami-based development company founded by international investor and luxury real estate developer, Vlad Doronin, and Mariposa Real Estate have successfully completed the single largest land acquisition in Florida. The joint venture closed on the $520 million purchase of Aimco’s 4.25-acre waterfront parcel—located at 1001 and 1111 Brickell Bay Drive—with 485 feet of continuous Biscayne Bay frontage.
Two developers hope to get approval for a multi-family housing development in South Miami.
Two Miami-based developers have revised plans for a residential development in homestead, citing shifts in market demand.
