Edgewood 22, a high-rise residential development, could replace a Midas auto parts store that was built just four years ago. Edgewood 22 LLC, managed by New York-based Nahman Lichtenstein, purchased the .51-acre build site for $6.3 million in 2022. Initially, according to the Real Deal, plans called for 120 apartments in an 18-story building.
L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have topped out of the 12-story, 266,000-square-foot, Class AAA boutique office tower at The Wynwood Plaza, a one-million-square-foot mixed-use development designed by Gensler under construction located at 95 Northwest 29th Street in Miami’s Wynwood Arts District. The development will be defined by a half-acre, lushly landscaped public plaza by urban design practice James Corner Field Operations, set to be the largest in the Wynwood Arts District and one of the largest in Miami.
Clearwater-based Valor Capital hopes to build two 35-story towers on Florida’s west coast. While in its infancy (and expected to take five years to complete), the development will offer anywhere from 186 to 223 residential units, each with high-end amenities.
A project tentatively known as “ECG Santa Rosa” has been proposed near Orlando Executive Airport. Spearheaded by Elmington, if approved, the venture could offer 200 apartments under the Live Local Act.
Berkadia has recently marked a significant milestone by orchestrating acquisition financing for Tavalo Tradition. Situated in Port St. Lucie, Florida, this 216-town home build-to-rent community is part of the Tradition Master Planned Community. GTIS Partners oversees the buyer’s entity. The financing is a forward acquisition loan supplied by a national bank. It will be allocated incrementally, synchronized with K. Hovnanian’s construction progress, anticipated to span until mid-2024.
