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Two local developers have joined forces on a condo-hotel under the Marriott banner in St. Petersburg.

MICL and Admire Capital have announced The Ritz-Carlton Residences, Fort Lauderdale Beach, a 13-story dual-tower waterfront residential development planned for 551 Bayshore Drive in Fort Lauderdale. Designed by Garcia Stromberg with interiors by Dan Fink Studio, the boutique project will comprise 83 private residences positioned between the Atlantic Ocean and the Intracoastal Waterway. Plans call for a limited collection of two- and three-bedroom homes with dens, ranging from approximately 1,550 to 3,480 square feet, and six penthouses with ceiling heights up to 11 feet. The massing of the two 13-story structures responds to the waterfront setting, with layouts oriented to maximize natural light, cross-breezes, and views of both the Intracoastal and the Atlantic Ocean.

Orlando is experiencing an accelerated period of economic expansion, with local officials citing the metro’s recent leadership in job, population, and GDP growth among large U.S. markets. The region added more than 37,000 jobs over the past year and continues to report record-setting international travel through Orlando International Airport. That momentum is drawing increased attention from Miami-based development firms, several of which have recently advanced large-scale residential and mixed-use proposals across downtown and key growth corridors in Central Florida.

The Miami Beach City Commission has unanimously approved a sweeping temporary deregulatory ordinance designed to accelerate the opening of qualifying restaurants and indoor live entertainment venues across several of the city’s primary commercial corridors, including Lincoln Road. The policy removes the requirement for conditional use permits in designated districts and is intended to help fill vacant retail spaces more quickly while restoring activity to core business areas.

A new multifamily development has been proposed for 2340 SW 32nd Avenue in Miami, where AvalonBay Communities has submitted plans for Kanso Coral Way, an eight-story apartment building designed by Baker Barrios Architects. The proposal is set for review by the City of Miami Urban Development Review Board on February 18, 2026.