Construction Starts on ‘Hamlet at Avalon Park’ at 33976 Lusitano Drive, Wesley Chapel, FL
Thanks to the acquisition of a $43.2 million construction loan, build-to-rent community “Hamlet at Avalon Park” is moving forward.
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Two Downtown West Palm Beach Properties Acquired for Mixed-Use Redevelopment and Revitalization
EBC Capital, a real estate investment and development firm led by Eric Cohen, has acquired two properties in Downtown West Palm Beach for $5.6 million. The properties, located at 303 Gardenia Street and 501 S Olive Avenue, are part of EBC Capital’s plan to support the area’s revitalization, with leases already secured for tenants like men’s sportswear brand Redvanly and women’s swimwear brand Montce. The acquisition is intended to attract tenants from the wellness, hospitality, and fashion sectors.
‘Avion Apartments’ to Offer Workforce and At-Market-Rate Units at 12525 Tibbets Lane, Jacksonville, FL
Avion Apartments is continuing construction in Jacksonville, FL. The workforce housing complex will feature 320 homes divided amongst eight four-story buildings.
ASPR Filed for 600-Unit Apartment Development at Pullman Miami Airport Hotel Parking Lot
London + Regional Properties submitted an Administrative Site Plan Review (ASPR) application with Miami-Dade County on October 24 to develop two eight-story mixed-use buildings on the Pullman Miami Airport hotel site at 5800 Blue Lagoon Drive. The proposal outlines plans for 600 new residential units spread across two buildings on the hotel’s existing parking lot. The 10-acre site, currently home to the 281-room hotel, was acquired by London + Regional Properties in 2019. The pre-application filing for this project was previously covered earlier this month.
Construction Starts on ‘Mosaic Palms’ at 7376 Lyons Road, Boynton Beach, FL
Construction has started on the Mosaic Palms apartments in Palm Beach County. Delray Beach-based Akel Homes is operating as both the developer and general contractor.
