A new residential development has been proposed for 312 NW 7th Street in Fort Lauderdale’s Progresso Village neighborhood. The project, led by Home Venture Investments, calls for an eight-story mixed-use building with 422 apartment units, 1,667 square feet of ground-floor commercial space, and 581 parking spaces. The site falls within the NWRAC-MUE zoning district, and the development team is seeking a parking reduction as part of its site plan application, reducing the required 700 spaces by 119.

Construction is slated to start on the Cloud One Hotel & Residences by the end of this year. The luxury venture will measure eight stories above grade, where it will offer 85 condos and 214 hotel rooms.

Related Ross has secured $600 million in construction financing for South Flagler House, a 500,000-square-foot waterfront condominium development currently under construction in West Palm Beach. The project, located at 1355 South Flagler Drive, will be the developer’s first residential condominium in Florida and is expected to top out later this year, with full completion anticipated in 2027.

A 262-foot-tall mixed-use tower has been proposed for a 61,847-square-foot (1.42-acre) multi-parcel assemblage at the intersection of South Dixie Highway and SW 214th Street in Goulds, a neighborhood in southern Miami-Dade County. The development, led by RCC Developers LLC and designed by Modis Architects, would become the tallest building in the immediate area and a prominent addition to the South Miami-Dade Busway corridor. Miami-Dade County planners received the ASPR review application on June 10.

Fortune International Group is moving forward with a residential development that’s been in the works for more than two years. The firm recently acquired Gables Waterway, a development constructed in the 1950s and 1960s, for $37.5 million.