Florida YIMBY

Hines Lands $220 Million Construction Loan For First Phase Of FAT Village In Fort Lauderdale

8:00 am on December 31, 2023 By Oscar Nunez

In a landmark development for Fort Lauderdale’s urban fabric, a groundbreaking mixed-use project in the downtown area has recently obtained a substantial $220 million construction loan. This crucial funding, provided by Little Rock, Arkansas-based Bank OZK on December 26, is set to support FAT Village Project LLC, a Houston-based real estate development company Hines subsidiary. This development marks a significant step forward for the project, reflecting the burgeoning vitality of Fort Lauderdale’s real estate sector.

Menesse Brickell to Offer 300 Luxury Residences at 143 Southwest Ninth Street, Miami, Florida

7:00 am on December 31, 2023 By Colt Dodd

Florida YIMBY has learned that developer Menesee Brickell LLC has refinanced Menesse Brickell, a high-rise venture in Miami. The 39-story project will measure 426 feet tall, offering 400 residences and 415 parking spots.

Meyers Accesso Acquires ‘The Atrium at Broken Sound’ Office Property In Boca Raton

8:00 am on December 30, 2023 By Oscar Nunez

Meyers Accesso, a leading developer of high-quality mixed-use and residential properties, recently announced the acquisition of The Atrium at Broken Sound, a nearly 100,000-square-foot, Class-A office property located at 6111 Broken Sound Parkway NW, within The Park at Broken Sound mixed-use development in Boca Raton, Florida. The Park at Broken Sound is a robust, 700-acre commercial and residential hub with walkable proximity to numerous retail developments, residential communities, and high-quality amenities.

Two Housing Developments Approved for St. Johns County, FL

7:00 am on December 30, 2023 By Colt Dodd

Our sources indicate that developer PulteGroup has two projects planned for St. Johns County in Northern Florida. The two ventures (the Landings at Greenbriar and the Landings at St. Johns) will offer more than 1,000 homes total.

YMCA Of The Palm Beaches Breaks Ground On $45 Million Community Center In West Palm Beach

8:00 am on December 29, 2023 By Oscar Nunez

The YMCA of the Palm Beaches recently initiated the construction of a $45 million sports and community gathering facility in West Palm Beach. This flagship YMCA branch, situated in Lake Lytal Park at 3645 Gun Club Road, near Palm Beach International Airport’s south side, is set to encompass 55,000 square feet. The YMCA, a nonprofit organization, has already secured 60% of the $35 million required for construction and is actively seeking a naming sponsor. The project also benefits from financial support from Palm Beach County’s Parks and Recreation Department, as it is located within a county park.

Novu Normandy Apartments Set for Spring 2026 at 1485 Fouraker Road, Jacksonville, FL

7:00 am on December 29, 2023 By Colt Dodd

Construction started on Novu Normandy Apartments in November 2023, and it’s shaping up to finish construction by spring 2026. The garden-style community will comprise 308 units spread across eight low-rise buildings.

‘The Nolen’ Tops Off Construction At 126 4th Avenue Northeast In Downtown St. Petersburg

8:00 am on December 28, 2023 By Oscar Nunez

Ellison Construction recently announced a significant milestone in the construction of The Nolen, one of the newest condominium towers in downtown St. Petersburg. The project has topped out, marking the completion of its highest structural point. The 23-story condo tower at 126 4th Avenue Northeast is a joint venture between Tampa-based DDA Development and St. Pete-based Backstreets Capital. Spearheaded by Bowen Arnold and John Schilling of DDA Development and Will Conroy of Backstreets Capital, this project is a notable addition to St. Petersburg’s skyline.

Developer Proposes AMC Park Apartments for 12501 S.W. 236th St., Homestead, FL

7:00 am on December 28, 2023 By Colt Dodd

AMC Development Group has submitted revised plans for an apartment complex in southern Miami-Dade County. Originally, AMC Park apartments was to comprise 512 units.

Sumaida + Khurana And Bizzi+Bilgili Secure $47.25 Million In Construction Financing For ‘The Fifth Miami Beach’

8:00 am on December 27, 2023 By Oscar Nunez

Sumaida + Khurana and Bizzi+Bilgili, two internationally renowned real estate development firms, announced closing $47.25 million in construction financing from Cain International for The Fifth Miami Beach. This new Class A+ office building at 950 5th Street is the first commercial building in Miami’s South of Fifth neighborhood in 20 years. Designed by Alberto Campo Baeza, who recently won Spain’s National Prize for Architecture, The Fifth Miami Beach is the architect’s first Miami building and first commercial office project in the U.S.

Village Place to Replace Defunct Mall at 101 U.S. Highway 1, North Palm Beach, FL

7:00 am on December 27, 2023 By Colt Dodd

The Twin City Mall in South Florida could get redeveloped into a mixed-use project. The struggling mall opened in 1971, and since then, many plans have been discussed to replace it. Now, our sources indicate that Village Place could soon come to fruition.

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