A Boca Raton-based developer has submitted a proposal for an affordable housing development in Miami-Dade.

Foundation work is underway at 1600 Edgewater, a 33-story residential building at 1600 Northeast 2nd Avenue in Miami’s Arts & Entertainment District. Designed by Kobi Karp Architecture & Interior Design and developed by Sabet Group, the approximately 384-foot-tall structure will yield 282 rental units, 9,519 square feet of commercial space, and 352 parking spaces. GT McDonald Construction is serving as general contractor.

Baron Property Group has secured $226.5 million in refinancing for Metro Parc, a 559-unit mixed-use rental development at 952 East 26th Street in Hialeah. Designed by Modis Architects, the two-tower, 10-story property was delivered in 2025 and is currently nearing 50 percent leased.

Sitework has started on the second phase of EDGE Collective II in St. Petersburg. The first phase, which features the Moxy hotel and a renovated three-story building, finished construction in 2024.

The first phase of a multi-family housing project has topped out in St. Petersburg. Florida YIMBY shared details on this venture last spring.