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 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 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.
Leading global hospitality company Hyatt has teamed up with Miami-based luxury hospitality and residential developer Gencom to redevelop Downtown Miami’s iconic Hyatt Regency Miami at 400 Southeast 2nd Avenue, with the goal of making improvements in and out of the urban core, and activating a key piece of Miami’s riverfront. Designed by Miami-based Arquitectonica, plans for the site include three towers offering residents and hotel guests panoramic views of Downtown Miami and Biscayne Bay. Towers one and two would rise 61-stories and include 682 multifamily apartments, a 615-room Hyatt Regency with over 100,000 square feet of meeting space, and 264 serviced apartments; the towers would be linked at the top by a Skybridge featuring an upscale destination restaurant and lounge perched 700 feet over the city. Tower three would become one of the tallest buildings in South Florida rising 1,049-feet, anticipated to include 860 residential apartments.
Permits have been approved by the Federal Aviation Administration (FAA) for work on 477 Southwest 1st Avenue, a proposed 394-foot-tall residential building in Tarpon River, Fort Lauderdale. Located within the Downtown Regional Activity Center between Southwest 1st Avenue and Southwest Flagler Avenue with Southwest 4th Court on the North and Southwest 5th Street on the South, the project is being developed by Ellis Diversified, Inc. (EDI), a Fort Lauderdale-based firm led by real estate developer Jim Ellis, who acquired the 1.54-acre development site in September 2015 for $5 million. The FAA determination was approved on January 31, 2022 and will expire on July 31, 2023, meaning construction could occur relatively soon.
