High-Rise Olakino House to Offer 83 Condos at 551 Bayshore Drive, Fort Lauderdale, FL
Meet Olakino House. The project recently secured City Commission approval in January, allowing for the construction of 83 condos between two 13-story buildings.
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Terra Closes On $127 Million Refinancing Loan For ‘Natura Gardens’ At 17351 NW 94th Court In West Hialeah
Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Northwest Miami-Dade County, have secured $127 million in permanent financing. The loan, issued by an affiliate of MF1 Capital, will be used to pay off and refinance an existing $65 million construction loan provided in 2021 by Bank OZK. Completed in the Summer of 2023, Natura Gardens includes 460 garden-style rental apartments situated across 23 acres in Miami’s West Hialeah neighborhood.
Flats on 4th to Offer 80 Age-Restricted Units in St. Petersburg, FL
A much-needed affordable housing development for seniors has been proposed in St. Petersburg. Our sources indicate that the $37.5 million project, dubbed “Flats on 4th,” will measure four stories above grade.
Nichols Architects-Designed 36-Story ‘Modera Riverside’ Tops Out At 300 SW 2nd Avenue In Downtown Miami
Nichols Architects-designed Modera Riverside has topped off in downtown Miami. As of Friday, January 26th, the 410-foot-tall structure reached its final height of 36 stories, positioning itself at the intersection of Brickell, Downtown Miami, and the burgeoning Miami River District. The residential tower boasts 428 apartments, offering a diverse range of living spaces from cozy studios to expansive three-bedroom units, catering to a broad spectrum of residents. Construction is expected to complete later this year.
Glass House Slated for 2025 Groundbreaking at 280 E. Palmetto Park Road, Boca Raton, FL
Sales have launched for Glass House, a boutique luxury condo development in Boca Raton. The 10-story building will offer 28 units, measuring 2,550 square feet to 3,900 square feet each.
