CMC Group Breaks Ground On Vita At Grove Isle In Coconut Grove, Miami

Prominent Miami developer, Ugo Colombo of CMC Group, has recently broken ground on Vita at Grove Isle, a boutique condominium at 5 Grove Isle Drive on the 20-acre gated private island just off the shore of the city’s Coconut Grove neighborhood. Collaborating with global architecture and design firm CallisonRTKL, local architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Human SustainableArchitecture, the seven-story development is set to offer 65 residences featuring unobstructed panoramic bay views, exquisite detailing, and the finest materials and workmanship. The project, designed as a singular architectural structure comprising three buildings – Mare, Luce, and Sole – echoes its distinct Grove Isle setting with a graceful, curved shape inspired by the island’s natural contours while maximizing vistas of the shimmering Biscayne Bay. Set amidst verdant, native landscaping, Vita at Grove Isle is poised to deliver a boutique living experience, with construction now underway and an estimated completion timeline of 24 to 28 months.

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Empira Group Acquires Brickell Development Site, Plans 26-Story Multifamily High-Rise

Swiss real estate investment powerhouse, Empira Group, has made headlines with its recent acquisition of the 901 Southwest 3rd Avenue development site for $21.5 million, previously referred to as Empire Brickell, in the bustling Brickell neighborhood of Miami. This marks the firm’s second foray into greater downtown Miami’s development landscape in just under a year, with the transaction successfully closing on April 17th, 2023. With construction anticipated to begin in the first quarter of 2024, Empira Group envisions a 26-story tower comprising 310 market-rate apartments alongside approximately 2,500 square feet of ground-floor retail space. The project’s completion is slated for 2026.

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Housing Trust Group & AM Affordable Housing Break Ground On Affordable Senior Community in Bradenton

Housing Trust Group (HTG), a national affordable housing developer, has partnered with AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat icon Alonzo Mourning, to secure financing and initiate construction on Astoria on 9th. This new $37.4 million, 120-unit affordable housing community in Bradenton will cater to seniors aged 62 and up.

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