The Exchange Hotel (briefly known as the Indigo Hotel) will soon make way for a high-rise residential venture in St. Petersburg, Florida. Established in 1928 as the Martha Washington Hotel, owners filed for bankruptcy in 2020.
The Greenery Mall, also known as Dadeland Square, a popular mixed-use landmark located at 7700 North Kendall Drive, was acquired by Dadeland Greenery, L.P., from Cofe ZM Dadeland, LLC, on Sept. 15, 2023, for a total of consideration of $58 million subject to assumption of an existing $39 million mortgage. With a vision to cultivate a dynamic and flourishing site for existing and new tenants, ownership aims to enhance the property’s potential and optimize its prime location on Kendall Drive and the Palmetto Expressway, just west of Dadeland Mall.
Porter Land LLC has secured approval for the redevelopment of the former Raytheon site in St. Petersburg, Florida. The Tampa Bay Business Journal reports that plans call for 1,056 apartments on a 29-acre site. Located…
The prominent Coto Family of Argentina has set sights on a striking new addition to Miami’s skyline. In a recent letter of intent submitted to the Miami-Dade County Planning Department, Millennium Developments of Brickell, LLC, an affiliate of G&G Business Developments led by the same team behind the Aston Martin Residences, has formally requested a pre-application meeting to discuss its latest endeavor: ‘Calle 8’. Designed by BMA and proposed for 190 Southwest 8th Street in Brickell, the 55-story mixed-use development would soar to 685 feet, or 699 feet above mean sea level, and comprise 464 residential units, a 467-space parking garage, and various other spaces.
Nearly three years after purchasing a 1.86-acre parcel, developers have started construction on Avalon South Miami. The developer secured the build site for $18.95 million and demolished a 20,000-square-foot Winn-Dixie grocery store before breaking ground. 5850 S.W. 73 Street LLC was the seller.
