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

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.

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

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.

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