The Faith Group has plans to replace a 1980s-era office building with an affordable housing development in Miami’s Ojus neighborhood. The Aventura-based firm intends to file under the Live Local Act.
Foundation work is now complete for the South Tower of The St. Regis Residences, Sunny Isles Beach at 18801 Collins Avenue. The development is planned to consist of two 62-story, 750-foot oceanfront residential towers containing 170 residences in the first tower and 150 residences in the second. The project is being developed by Fortune International Group and Château Group, designed by Arquitectonica, and constructed by Coastal Construction.
Florida YIMBY has an update regarding an affordable housing development we covered in May 2025. Our initial report shared that Miami-based Pinnacle had proposed Tropical Crossings, the second phase of the 215-unit Tropical Pointe.
SeaGlass Cove, an oceanfront community at 59720 Overseas Highway in Marathon, has reached completion and secured an $8.46 million permanent loan from Centennial Bank. Developed by Constellation Group and Ironwood Venture Group and designed by Alderman Planning Company, the community consists of 14 three-story residences overlooking the Atlantic Ocean. The permanent financing replaces the project’s construction loan and marks its transition from development to a fully completed residential community. According to the developers, 7 of the residences have been sold, leaving the community 50 percent sold with 7 move-in-ready homes remaining.
Construction has topped out on the Grand Hyatt Miami Beach Convention Center Hotel, a 17-story hospitality development at 1701 Convention Center Drive in Miami Beach. Designed by Bernardo Fort-Brescia of Arquitectonica and developed by Terra and Turnberry, the project will yield an 800-room luxury hotel with 110,000 square feet of meeting and ballroom space, 17,000 square feet of ground-floor retail, and a direct connection to the Miami Beach Convention Center via a climate-controlled skybridge. Construction is expected to be completed in late 2027.
