Cigar Lofts at Albany will comprise 21 apartments, along with 10 townhomes south of the property. Our sources report that these townhomes will range from 2,000 square feet to 2,400 square feet.
Miami’s skyline is set to gain its first supertall tower with the development of the 100-story Waldorf Astoria Hotel & Residences, following a recent agreement between the School Board of Miami Dade County and the project’s developers. According to county records, the deal, entered on December 5, 2022, and recorded on March 6, will enable the construction of the 1,049-foot supertall tower at 300 Biscayne Boulevard. The School Board had previously authorized the agreement on October 19, 2022.
Construction is anticipated to start on Vita at Grove Isle by the end of this month. The six-story venture will comprise 65 luxury condos, which will measure around 4,000 square feet each.
South Florida’s affordable housing crisis is set to receive a much-needed boost as Miami-based Pinnacle breaks ground on the innovative Pinnacle at Tropical Pointe. This ambitious project, located in the Princeton neighborhood of unincorporated Miami-Dade County at 25155 Southwest 136th Avenue, aims to deliver 215 affordable housing units through a unique blend of public and private sector collaboration. The full-service real estate development and construction company has successfully secured $72.3 million in financing from local bonds, tax credit equity, and local subsidies.
Cipriani Residences Miami will be the first ground-up residential tower under the Cipriani brand. Miami Condo Investments reports that the 80-story structure will comprise 397 luxury residences.
