Orlando is soon getting its first free-standing hospice. While in its beginning stages, Cornerstone Hospice & Palliative Care will provide over 18,000 square feet of new construction.
Novo Kendall Town is continuing construction in Jacksonville, FL. The $30.2 million residential complex began construction in 2020.
Society Wynwood, a 10-story mixed-use development proposed for 2431 Northwest 2nd Avenue, is taking a major step forward in the Wynwood Arts District. Developers Property Markets Group (PMG) and Greybrook Realty Partners have landed a financing deal of $142.3 million for vertical construction of the 318-unit project, which broke ground earlier this year. The financing will be provided by Pacific Western Bank and Square Mile Capital, marking the third Society-branded project for South Florida. MKDA is listed as the architect with Moriarty Construction as the general contractor.
Construction financing has been attained for Fort Lauderdale’s upcoming second tallest tower RD Las Olas, a 47-story mixed-use building planned to rise 494-feet above ground, or 499-feet above sea level, addressed as 201 South Federal Highway and 227 South Federal Highway in Las Olas. Bank Of America is providing an $84 million loan to prominent Coconut Grove-based developer the Related Group, working under an affiliate company referred to as RD East Las Olas LLC, to build the tower. CFE Architects is listed as the design architect, with Moriarty Construction as the general contractor.
Renderings have been unveiled for two new skyscrapers from KAR Properties in Downtown Miami tentatively known as MRP5 and MRP6. The images recently appeared on the developer’s website, referred to as ‘State-of-the-art’ towers; one with multifamily residential units and retail, and the other an office building. The unveiling of the two new towers corresponds with the announcement of the relaunch of One River Point luxury condominium complex back in May, mentioning two additional phases to be added to the project. MRP5 and MRP6 are expected to rise on land already owned by KAR Properties, possibly addressed as 82 Southwest 3rd Street and 50 Southwest 3rd Street.
