To many Floridians and out-of-state visitors alike, Cocoa Beach is a sunny, tropical vacation spot––and that’s certainly not changing any time soon, as a $250 million redevelopment venture is underway.
Construction is ongoing on Shoppes of Bougainvillea Phase II. The one-story shopping center began construction back in November 2020. The venture has been in the works since 2017, according to the Port Saint Lucie City Council. Comprising 12,690 square feet of new construction, the venture intends to bring in more tax revenue, as well as create new jobs.
Recently, YIMBY posted on a pair of twin towers previously known as Island Bay proposed by the Melo Group, one of the most active high-end residential real estate developers in all of Miami. Just days later, the developer has officially launched sales on the south tower of the project, now officially known as Aria Reserve Miami, which is set to rise on 5-acres of land addressed as 700 Northeast 24th Street in Edgewater, Miami. The floor count has been bumped up to 62-stories and the towers should rise to 649-feet above sea level, granting the development the title of the tallest waterfront residential twin buildings in the country, yielding a total of 782 residences.
Exterior work is nearing completion on the newly constructed CitizenM Brickell, 277-foot tall hotel in Miami’s Brickell neighborhood. Addressed as 955 South Miami Avenue, the building is designed by Gensler and developed by CitizenM Hotels, a hospitality brand founded by hotelier Rattan Chadha. The 21-story hotel will include 252 lodging units, mostly micro-sized rooms starting at 157 square feet, and up to 4,174 square feet of commercial space at the ground floor.
Plans to redevelop the site of an old warehouse at 205 Southwest 3rd Street in Downtown Miami have been in the works for quite some time now. The owner of the property, Blys Plank Inc., a company owned by Sean McCormick, has tapped Jo Palma from renown architectural firm PALMA, currently pursuing the new Joint Government Center In Fort Lauderdale, to design a 36-story mixed-use glass skyscraper called The Basel, which is set to rise in to the skyline and over the Interstate 95. The developer, who’s owned the site since the early 1970’s, looks to bring this project to life through a joint venture, as the property is located within what is deemed as an opportunity zone.
