Indianapolis Thompson Thrift has plans for a residential community near The Villages in Central Florida. Our sources indicate that Standard441 will offer 300 luxury units, ranging from one-bedroom to three-bedroom homes spread across multiple three-story buildings.
Jacksonville-based real estate developer The Vestcor Companies, Inc., under the Ambar Station LLC, has filed an administrative site plan for a mixed-use development designed by Anillo Toledo Lopez Architecture in the Leisure City area of southern Miami-Dade County near Naranja, which is set to incorporate workforce housing. The 7.83-acre site is located at 27742 and 27860 South Dixie Highway. The property is currently under contract with 27742 South Federal Highway LLC, managed by Bruno and Maritza Ramos, based in Miami.
Lincoln Gardens, a $41.2 million affordable housing development, is still unfolding in Miami’s Brownsville neighborhood. Per the venture’s website, the three-phase community unveiled the first portion in 2022, offering 134 garden-style apartments and eight rental townhomes.
Florida-based developer Urban Network Capital Group (UNCG) has acquired a $24 million construction loan from LV Lending to develop The Flats Orlando, a 1.9-acre condo-hotel resort near Orlando’s central area. The development is a collaborative effort with ZKC and Tivoli Cove Capital. The project is expected to be completed by 2025.
Serenity Liberty Square is getting the fourth of its nine phases. Our sources indicate that the addition will comprise 193 mixed-income housing units, reserved for those making 30 percent to 80 percent of the area median income (AMI).