Developers Get Building Permits For 440-Foot-Tall 501 First Residences In Downtown Miami

8:00 am on January 16, 2023 By Oscar Nunez

The Federal Aviation Administration has approved permits for work on 501 First Residences, a 40-story residential building under construction at 501 Northeast 1st Avenue in Downtown Miami. Designed by Revuelta Architecture International and developed by Aria Development Group with AQARAT, the building will have over 400,000 square feet of space, including 448 fully-furnished luxury condominium units featuring interiors by Shim Projects and 3,127 square feet of commercial space. Beauchamp Construction is serving as the general contractor. 

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FAA Issues Building Permits For 432-Foot-Tall Structure At 488 Southwest 1st Avenue In Fort Lauderdale

8:00 am on January 15, 2023 By Oscar Nunez

FAA Building permits have been issued for work on 488 Residences at Riverwalk, a 38-story mixed-use building planned for 488 Southwest 1st Avenue in the Tarpon River neighborhood of Fort Lauderdale’s downtown corridor. Located one block south of the New River and bound by Southwest 5th Street on the south, plans for the 26,291-square foot property call for a 580,873-square-foot structure containing 362 dwelling units, around 6,000 square feet of retail space, and 363 parking spaces. Built Form and Tabanlıoğlu Architects designed the current publicly known iteration of the building. The developer is an entity linked to Colorado-based real estate investment trust UDR, Inc., which purchased the development from Ellis Diversified, Inc. in 2022 for $16 million.

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Related Group Enters Joint Venture To Develop The Bahia Mar Mixed-Use Complex In Fort Lauderdale

8:00 am on January 14, 2023 By Oscar Nunez

Tate Capital, Rok Enterprises Inc., and Related Group (Related) have finalized a joint venture agreement to co-develop the new master site plan for the much-awaited Bahia Mar mixed-use complex in Fort Lauderdale. As part of the joint venture, the parties will work in lockstep with the internationally acclaimed architecture firm Arquitectonica to reimagine the project to address the needs directly and wants of the Fort Lauderdale community. This includes specific accommodations for the long-term hosting of the Fort Lauderdale International Boat Show (FLIBS). 

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