Delray Beach-based developer Kolter Group is moving forward with the plans for project at 200 Central Avenue, a 41-story mixed-use building planned to rise on an existing grade-level parking lot in Downtown St. Petersburg. Despite some hesitation with the overall design, the city’s Development Review Commission ultimately gave the green light for project and site plan modifications requesting floor area ratio bonuses. Designed by SB Architects, the firm behind the design of Kolter’s One St. Petersburg and Saltaire towers, the structure will rise approximately 480-feet including the decorative crown, and yield 248 residential units, 6,100 square feet of ground floor retail, and 482 parking spaces.
Sycamore Resort is currently undergoing construction in Osceola County, the Construction Journal reports. The $100 million venture will bring over 370 vacation condos to the Orlando metropolitan area.
Renderings from Palm Springs-based architect Nader Goubran reveal a new contemporary three-story multifamily residential building at 3303 Southwest 15th Avenue in Fort Lauderdale’s Edgewood neighborhood. The project is being proposed by Austen and Steven Bernstein of New Story Capital Partners, set to rise on the southwest corner of Southwest 32nd Place and Southwest 15th Avenue, exactly north of the Wesley Chapel United Methodist Church and just minutes away from the Fort Lauderdale-Hollywood International Airport. The building will eventually create 14 residential units spread across 37,674 square feet with 34 parking spaces.
Sanibel Passage recently met approval, per New-Press. Despite protests from local environmentalists, the 16-story residential building will offer luxury 50 condos.
4701 North Meridian LLC and GFI Development Company have announced the 100% sell-out of the Villa Collection at The Ritz-Carlton Residences, a collection of 15 two-story single-family homes currently under construction at 4701 Meridian Avenue in Nautilus, Miami Beach. The project totaled $93 million in sales just nine months after breaking ground and the official launch. Designed by the world-famous master Italian architect, Piero Lissoni, the project is located adjacent to the 8-story Ritz-Carlton Residences and facing the Surprise Waterway connected to Biscayne Bay. The free-standing villas will range in size from 3,263 to 4,643 square feet of living space with five different floor plans providing three, four and five-bedroom configurations.