In a recent real estate development move, Miami-based firm Clara Homes, founded by James Curnin, has entered into a contract for a residential development site in Miami’s Wynwood district. The 17,000-square-foot plot at 2601 Northwest 6th Avenue is set at a price tag of $7.7 million.
Habitat for Humanity has 64 homes in its St. Petersburg pipeline. The largest community is a venture called “Pelican Cove.” It has 44 units divided among multiple three-story townhomes, with units measuring 1,000 to 1,300 square feet each.
In response to increasing demand for rental housing among South Florida’s active-adult community (ages 55+), 13th Floor Homes, a division of 13th Floor Investments, has secured $14.1 million in construction financing for Solera at Avalon Trails. This community features 74 single-story villas and is located at 14800 Cumberland Drive in Delray Beach, Palm Beach County, Florida. The financing, led by the Canadian Imperial Bank of Commerce (CIBC), will support ongoing construction, set to begin in late 2023, with the first villas delivered in 2024.
The Avenue Hotel & Residences Coral Gables is no ordinary project; it’s a Parisian-inspired mixed-use venture headed for Miami-Dade County. Our sources indicate that Roger Development Group is prepared to break ground on the multi-million-dollar project in early November.
ANF Group, Inc. has completed construction on Vista Verde, a 288-unit residential development in Sunrise, Florida. Located at 8894 Northwest 44th Street, the community was developed by Rilea Group and designed by MSA Architects. The units are spread across eight three-story buildings with floor plans that range from 754 to 1,327 square feet, with one-, two-, and three-bedroom options.
