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Three developers have closed on a 4.31-acre property that will soon host a student housing development.

New York-based SB Development Group and Hazelton Capital Group have closed on $170 million in construction and land financing for Cove Miami, a 40-story luxury condominium set to rise in Miami’s Edgewater neighborhood. The financing, provided by Bravo Property Trust—an affiliate of Bravo Capital—marks a major milestone for the bayfront project, which is slated to bring 134 residences to the heart of one of Miami’s fastest-growing districts.

Fort Lauderdale’s City Commission intends to review plans for a major redevelopment that would bring 973 homes to the region.

Developer Hallandale Central Park LLC has proposed an eight-story multifamily housing project in Broward County.

Royal Palm Companies, under the leadership of developer Daniel Kodsi, has submitted plans for Uptown Aventura, a large-scale mixed-use district. The project covers an area of 13.93 acres, bordered by Northeast 214th Street to the south, the county line to the north, Biscayne Boulevard to the east, and East Dixie Highway to the west. The City Commission has officially designated the site as “Uptown Aventura.”