On November 17, local dignitaries and hospitality professionals gathered at 398 Northeast 5th Street in Downtown Miami to celebrate the official grand opening of The Elser Hotel & Residences with a ribbon-cutting ceremony. Highgate officiated the event, the hotel’s management company, alongside national developer PMG, Canadian real estate private equity firm Greybrook, the Miami Beach Chamber of Commerce, and Government Liaison Tomas Alcala.
Livano Nature Coast is a 348-unit multi-family community slated for Spring Hill, Florida. LIV Development recently purchased the 31.75-acre build site for $4.35 million, per Land Advisors Organization.
Construction has surpassed the podium levels on the first phase of the Edgewater Collective, a three-towered mixed-use development underway on the western frontage of Biscayne Boulevard abutting Northeast 19th and 20th Streets in Edgewater, Miami. Designed by Fort Lauderdale-based Dorsky + Yue International Architecture and developed by a joint venture between New York-based real estate developer Kushner Companies and Miami-based PTM Partners under the 2000 Biscayne Property Owner LLC, the mixed-use structure is on its way up to an approximate 418-foot pinnacle spread across 36 floors and will contain 637,485 square feet of space including 393 rental apartments, 4,569 square feet of ground floor commercial space, and a parking garage. Balfour Beatty Construction is the general contractor for the development, which is addressed as 2000 Biscayne Boulevard.
Walt Disney World Resort has decided to address Florida’s affordable housing crisis with a community of its own. The venture, resting on an 80-acre parcel, will offer 1,300 affordable housing units.
On November 11, Sixth Street Miami Partners LLC and KAST Construction celebrated the topping off of Natiivo (601 Miami), a 51-story mixed-use building located at 601 Northeast 1st Avenue in Downtown Miami. It’s a milestone…