Developer David Hofstadter is moving forward with a multi-family housing development north of downtown St. Petersburg. Construction is expected to take no more than 18 months.

Plans have been submitted to the City of Fort Lauderdale’s Development Review Committee for a new, expanded home for the Las Olas Chabad Jewish Center. Located along East Las Olas Boulevard in Broward County, the proposed three-story, 70-foot-tall building will replace the Chabad’s current facility at 1302 East Las Olas Boulevard, relocating approximately 200 feet east to the southwest corner of SE 15th Avenue and East Las Olas Boulevard. The project is led by Las Olas Chabad, with design by Steven L. Cohen and Associates, civil engineering by Scheffer Mote & Ricks, and landscape architecture by EcoPlan.

Dezer Development has closed on a $630 million construction loan for Bentley Residences, the world’s first Bentley-branded residential tower under construction in Sunny Isles Beach. The financing, issued by Madison Realty Capital and arranged by Berkadia South Florida, represents the largest construction loan in South Florida so far this year. Designed by Sieger Suarez Architects in collaboration with Bentley Motors, the 61-story oceanfront tower is already more than 50 percent sold, with remaining units starting at $5.8 million and penthouses priced at $37.5 million each. The development broke ground in early 2024 and is slated for completion in 2028.

Construction is now underway on Alton Biscayne, a new 12-story luxury residential community taking shape at 11240 Biscayne Boulevard in North Miami, near Biscayne Shores. Designed by Cohen Freedman Encinosa and developed by Kolter Multifamily, a division of Kolter Group, the project will deliver 336 apartment units and a 7-story parking garage to one of the city’s most active growth corridors. KAST Construction serves as the general contractor.

Alta Development hopes to get approval for a high-rise luxury condo on the Miami River.