Ytech has completed the foundation pour for The Residences at 1428 Brickell, a 70-story luxury condominium tower set to rise along Miami’s Brickell Avenue. The milestone began on September 26 and continued for 33 uninterrupted hours, marking the largest mat foundation pour ever executed in Brickell and reinforcing the developer’s commitment to delivering a new level of residential living in Miami.
An affiliate of 1112 Development hopes to move forward with a multi-family housing development in Pompano Beach. The Satori at Lighthouse Point would comprise three eight-story buildings, featuring 182 apartments.
Pebb Capital has announced the completion of Phase One at Sundy Village, its seven-acre mixed-use campus at 22 West Atlantic Avenue in Delray Beach. The milestone was marked by the receipt of a Temporary Certificate of Occupancy, delivering 100,000 square feet of Class A+ office space, 30,000 square feet of retail and dining, and 268 below-grade public parking spaces. Leasing momentum has brought the project to 88 percent occupancy, with another 8,500 square feet under negotiation that would push that figure to more than 92 percent.
Construction has started on The Edgewater, a Class A attainable housing development in Orlando. The multi-family venture will feature 328 units, ranging from one-bedroom to three-bedroom layout plans.
Sobe Sky Development, a partnership between Flag Luxury Group, Ben-Josef Group (BJGH), and Lionstone Development, has secured a $61.2 million predevelopment loan from BHI, the U.S. division of Bank Hapoalim, to advance The Ritz-Carlton Residences, South Beach. The financing marks a significant step forward for the ultra-luxury development, which will bring 30 custom-designed beach houses in a new tower overlooking the Atlantic Ocean and Miami Beach.
