Index Investment Group, a Swedish developer, hopes to get approval for a mixed-use development in Palm Beach County, Florida. In a joint partnership with Verdex Construction (called “District Pointe, LLC”), the venture would comprise both commercial and residential aspects.
Miami’s Building Department has recently issued a construction permit for The Crosby, an upcoming 33-story mixed-use building located within Miami Worldcenter at 601 North Miami Avenue in downtown Miami. Designed by Cohen Freedman Encinosa & Associates Architects with interiors envisioned by AvroKO and developed by DT G Block LLC, a joint venture between Related Group and Merrimac Ventures, the 377-foot-tall structure will encompass 450 condominium units, accommodating short-term rentals, along with more than 22,000 square feet of amenities, a rooftop bar and restaurant, and 3,370 square feet of retail space. Notably, the development will omit parking facilities. Beauchamp Construction serves as the general contractor.
Linton Jog Associates, an affiliate of Jupiter Realty and Norbert Kent Wilmering, hopes to get approval for a high-rise building in West Palm Beach, FL. The 25-story tower would require 212,707 square feet of new construction, redeveloping the already-existing commercial building on the site.
Concord Summit Capital has closed $122 million in financing for a 55-plus rental community under construction in Port St. Lucie. The package includes a $95 million construction loan from Madison Realty Capital and $27 million in mezzanine debt from an undisclosed lender for the developers of the 415-unit Encore at Tradition, located at 8500 Southwest America Walks Boulevard. The financing was arranged by Concord Summit Capital advisors David Larson, Daniel Eidson, and Keegan Burger. The project is being developed by America Walks at Port St Lucie, LLC, a partnership between
By 2025, Fort Lauderdale could be home to an exciting luxury venture: 3000 Waterside. The community, measuring 15 stories, will offer 103 residences. The 100 condos will measure 1,559 square feet to 4,817 square feet, and the three three-bedroom townhomes will measure 3,064 square feet to 3,156 square feet.
