Construction permits have been filed for M Tower, a 56-story mixed-use building planned for 56 Southwest 1st Street in Downtown Miami near the city’s Government Center district. Designed by Nichols Architects and developed by Great Neck, New York-based Lions Group NYC under the Downtown 1st Street LLC, development plans call for 507,071 square feet of residential space across 675 residential units 10,531 square feet of ground floor retail space, and 694 parking spaces. Naturalficial is the landscape architect, and Kimley-Horn is the civil engineer. Balfour Beatty Construction has been named the general contractor.
Serenade at Ovation is a proposed residential community in Orange County, FL. Although details are scarce at this time, sources report that construction could start on the venture in spring 2023.
Four retail concepts will be joiningthe already highly-anticipated roster of tenants slated to open at Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has completed leases with disruptor brand Savage X Fenty to open its first Florida location, as well as global brands lululemon and Ray-Ban, and New York-based Posman Books. Miami Worldcenter’s newest retailers, which are anticipated to open in 2023, expand the exceptional lineup of recently announced tenants including two food and beverage concepts opening soon by Michelin-star Chef Michael Beltran, Brasserie Laurel and El Vecino; Chicago’s Maple & Ash and etta restaurants; Sports & Social, a dining and entertainment concept; as well as other nationally recognized brands including Sephora, Bowlero, and Lucid Motors.
Fairmont Orlando is a $425 million venture slated for Orange County, Florida. General contractors hope to break ground in April 2023 and finish the job in early 2025. According to Hospitality Net, the seven-story venture will offer 550 guests rooms.
AKAI Estates, a 44-acre single-family home development in Southwest Ranches, Florida has officially broken ground. Located at 4730 Akai Drive, the development will consist of 16 ultramodern luxury estates that span between 7,000 to over 15,000 square feet within a fully-gated community, inclusive of cutting-edge amenities. AKAI Estates is conceptually designed by internationally acclaimed architect Vasco Vieira, founder and head architect of Portugal-based firm Vasco Vieira Arquitectos, alongside FSMY Architects + Planners as the architect of record. The groundbreaking occurred on October 20, with developers Alex Yokana, Jairo Vela, and Amos and Michael Sochaczevski present.