7918 West Drive is planned for a 2025 completion in North Bay Village. The 21-story high-rise will offer 54 residences, with construction having started in March 2023.
128 SW 7th Street Owner LLC, an affiliate of Chicago-based Focus Development Inc (Focus) – a vertically integrated development and construction company, has filed a pre-application meeting request for the preliminary review of a proposed 39-story development at 128 Southwest 7th Street. The 415-foot-tall structure, dubbed Miami Starlite, would replace the shuttered 28-year-old Starlite East Motel and yield 685,710 gross square feet of space, including 516 residential units, ground-floor retail, amenity spaces, and approximately 506 off-street parking spaces. The architect leading the design is San Francisco-based Gensler.
Integra Investments hopes to get the green light on a residential development in Boca Raton, Florida. Boca Villas could comprise 120 townhomes spread across multiple buildings.
New York-based Shvo and its partners have secured a $190 million construction loan for the renovation and condominium addition at The Raleigh hotel at 1775 Collins Avenue in Miami Beach. The loan, provided by Fort Lauderdale’s BH3 Management through its BH3 Debt Opportunity Fund II, supports the partnership between Shvo, led by Michael Shvo, and the German firm Deutsche Finance. The loan encompasses The Raleigh, the Richmond Hotel at 1757 Collins Avenue, and the South Seas Hotel at 1751 Collins Avenue. The transaction was brokered by Walker & Dunlop.
Cadenza at Hacienda Lakes is an affordable housing complex set for Naples, Florida. The venture, estimated to cost $28.5 million to complete, will offer 160 residential units.
