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Application Seeking Design Review Approval Filed For Planned Office Building At 1100 5th Street In Miami Beach

An application has been filed seeking design review approval for a new 5-story commercial office building at 1100 5th Street in the South of Fifth neighborhood of Miami Beach. Designed by Eduardo Souta de Moura with Zyscovich Architects serving as the executive architect, and developed by Sumaida + Khurana in partnership with property owners Roslyn and Norton Nesis and Robert and Miriam Weiss of Weiss Properties, the approximate 80-foot-tall structure is planned to yield roughly 101,424 square feet in total size of gross new construction area with a F.A.R. of 65,274 square feet, including 43,797 square feet of office space, 7,142 square feet of indoor and outdoor amenities, 7,204 square feet dedicated to a ground floor restaurant, and 105 parking spaces. The Miami Beach Design Review Board is set to review the application on June 6.

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CREI Holdings Secures $67 Million In Construction Financing For ‘ Li’l Abner III’ Affordable Housing Project In Sweetwater, FL

CREI Holdings has secured a $67 million construction loan from Centennial Bank to build an affordable workforce housing mid-rise building at 455 Northwest 114th Avenue in the City of Sweetwater, Miami-Dade County. Construction of Li’l Abner III is set to begin in the second quarter of 2024 and be completed in the second quarter of 2026. Prospective tenants can now register for future leasing opportunities.

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BTI Partners Tops Off Construction On ‘The Bread Building’ At 1740 S. Young Circle In Downtown Hollywood

Fort Lauderdale-based BTI Partners has reached a significant milestone with the topping-off of The Bread Building, a 25-story apartment tower at 1740 South Young Circle in downtown Hollywood. The redevelopment of the former Hollywood Bread Building site will bring 362 luxury apartments and 16,000 square feet of retail space to the city’s vibrant heart. Modis Architects is the design architect, Adache Group Architects is the architect of record, and Bliss & Nyitray is the structural engineer Witkin Hults + Partners is the landscape architect, KEITH is the civil engineer, and JALRW Engineering Group is the MEP engineer Civic Construction is the general contractor.

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Onyx Housing Group Closes On Land For 159-Unit Multifamily ‘Regatta Point’ In Homestead, Florida

Today Onyx Housing Group, a multifaceted real estate development firm based in South Florida, announced the closing of six land parcels at 16300 Southwest 296th Street in Homestead, Florida. The 150,201 square foot, 3.45 acre-lot was asking $4.95 million and will be the future home of Regatta Point, a $46.5 million-dollar multi-family project. Current Real Estate Advisors’ Alejandro Snyder & Michael Williams represented Onyx Housing Group and Lisa Gonzalez (KW Commercial) represented the sellers, Jeffrey Jay and Ana Maria Butt. Regatta Point is the second south Miami-Dade project by Onyx partners Shadi Shomar & Gonzalo De Ramon. Shomar also leads Miami-based Arte Hospitality, a hotel firm that owns properties including Bentley Hotel South Beach at 510 Ocean Drive in Miami Beach.

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