412-Apartment ‘Sevilla’ Planned for Northwest 53rd Street and Northwest 52nd Terrace in Downtown Doral
A new residential development is headed for Downtown Doral. Meet Sevilla, a seven-story apartment building offering 412 homes.
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25-Story Residential Tower In Edgewater To Be Named ELLE Residences Miami
ELLE Residences Miami will bear the ELLE name as part of a licensing agreement signed with Lagardère Médias News, owner of the ELLE brand. Designed by Behar, Font & Partners and developed by Urban Network Capital Group (UNCG) and Vertical Developments, the 25-story condo will feature 180 units, with short-term rentals permitted. Through affiliate Residences at 5th Avenue LLC, the developers filed plans earlier this year for the 19,292-square-foot site at 445 and 455 Northeast 36th Street and 3618 and 3630 Northeast Fifth Ave in Edgewater. The site was acquired for $13.5 million in 2023.
‘One Park West’ to Offer 69 Units in 18 Stories in Sarasota’s The Quay
Downtown Sarasota is slated for a high-rise luxury condo. The 18-story One Park West will comprise 69 fully furnished residences, with layouts spanning one-bedroom to three-bedroom models.
$34.8 Million Mezzanine Financing Secured For Miami Airport Marriott Connection
Driftwood Capital has provided $34.8 million in mezzanine financing for refinancing Miami Airport Marriott Connection, a Marriott-branded complex with three hotels near Miami International Airport. The financing was provided through Driftwood Lending Partners, LP (DLP), to an affiliate of Cerberus Capital Management and Highgate. Driftwood originated the two-year loan with three one-year extension options at a competitive interest rate.
Developer Files Pre-Application for 46-Unit Complex at Northwest 30th Court and Northwest 54th Street, Brownsville, FL
A Southwest Ranches-based developer has filed a pre-application regarding a 0.36-acre site in Miami-Dade County’s Glenwood Heights/Brownsville neighborhood.
