Housing Trust Group & Elite Equity Development break ground on Phase 2 of the ‘Naranja Grand’ Affordable Housing Community in Leisure City

8:00 am on April 13, 2024 By Oscar Nunez

A joint venture between Housing Trust Group (HTG) and Miami Lakes-based Elite Equity Development, Inc. (EED), has closed on financing and commenced construction on Naranja Grand II, a new $71 million affordable apartment community comprised of 200 residences in Homestead, Southwest Miami-Dade County. Naranja Grand II is the second phase of a comprehensive two-phase development, addressing a critical need for affordable and workforce housing in Miami-Dade County. The first phase of Naranja Grand – which caters to seniors aged 55 and older – commenced construction on its 120 residences in January. The design and construction team for Naranja Grand II includes ATL Architecture, general contractor Gomez Construction, engineer EAC Consulting, interior design by Builders Design, and landscape architecture by Sieger Suarez Architects.

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Winmar Construction Begins Foundation Pour For The Avenue Coral Gables Hotel & Residences

8:00 am on April 12, 2024 By Oscar Nunez

Winmar Construction has initiated the foundation pour for The Avenue Hotel & Residences Coral Gables, a project developed by Roger Development Group. This Coral Gables-based, family-owned real estate development and management company is led by President & CEO Oscar Roger, Sr., alongside CFO Oscar Roger, Jr., who joined the company in 2013 and continues the family tradition of development and real estate services in Florida and internationally. The development, designed by Bermello Ajamil & Partners and inspired by the City of Light, comprises an eight-story building with 48 residences and a dynamic mix of ground-floor retail spaces. Located at 351 San Lorenzo Avenue, The Avenue Coral Gables Hotel & Residences is strategically situated across from the upscale shops and fine dining of Merrick Park.

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Naftali Group Breaks Ground On 67-Story JEM Private Residences At Miami Worldcenter

8:00 am on April 11, 2024 By Oscar Nunez

Naftali Group has officially broken ground on JEM Private Residences, a 67-story condominium development located at 1016 Northeast 2nd Avenue in Miami Worldcenter. Designed by the Miami-based architecture firm Arquitectonica and the New York City-based interior design firm Rockwell Group, the building will rise over 700 feet and feature 259 condo units on the upper levels, 530 multi-family units on the lower levels, ground-floor commercial space, and 591 parking spaces. The development has swiftly moved from market entry to construction commencement in under five months, establishing a record pace for South Florida. This marks a significant milestone in Naftali Group’s expansion into Florida, as JEM Private Residences aims to set a new standard for quality in the region. OneWorld Properties is the exclusive brokerage, with Coastal Construction as the general contractor. DeSimone Consulting Engineering is the structural engineer, and MG Engineering D.P.C. is the MEP engineer.

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