Florida YIMBY

Forman Capital Provides $9.3 Million Development Loan To Forté Luxe in Jupiter, Florida

8:00 am on July 12, 2023 By Oscar Nunez

Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, has invested substantially in Forté Luxe, an upscale boutique residential project developed by Forté Development and designed by Alfonso Jurado Architecture. Located at 12450 Crystal Cove Place on a picturesque peninsula along Jupiter’s Intracoastal Waterway, the development comprises 17 residences featuring interiors by The Decorators Unlimited, including luxurious townhomes ranging from approximately 3,500 to 5,000 square feet. The development boasts a wide range of exceptional amenities, including a resort-style swimming pool and boat slip accommodating vessels up to 60 feet, providing an unmatched lifestyle for waterfront enthusiasts. KAST Construction is the general contractor.

Construction Starts on Hillsboro Landing at 3851 N. Dixie Highway, Deerfield Beach, Florida, 33064

7:00 am on July 12, 2023 By Colt Dodd

Housing Trust Group (HTG) has officially broken ground on Hillsboro Landing, an affordable housing complex for seniors in Broward County. The multifamily housing venture will offer 75 one-bedroom and two-bedroom apartments.

Broward Health and Joe DiMaggio Children’s Hospital Plan Collaboration for Sunrise, FL

7:00 am on July 11, 2023 By Colt Dodd

Broward Health has teamed up with Joe DiMaggio Children’s Hospital to build a freestanding adult and pediatric emergency room in South Florida. The one-story facility would comprise just over 18,000 square feet of new construction.

FAA Permits Filed For 321-Foot-Tall Tower, Poised To Be Sarasota’s Tallest Building

8:00 am on July 10, 2023 By Oscar Nunez

The Federal Aviation Administration (FAA) has received building permit applications for Obsidian Residences, an 18-story condominium tower planned for 1260 North Palm Avenue in Sarasota, Florida. This proposed tower, set to become the city’s tallest building, would stand at 321 feet. The development would feature just 14 residences in Sarasota’s downtown area with impressive ceiling heights ranging from 10 to 14 feet and interiors by Los Angeles-based Troy Adams. The project, developed by MK Equity Corporation, is situated on a 12,366-square-foot site and aims to replace an aged commercial plaza adjacent to the Bay Plaza Condominium. It is also conveniently situated across the street from the Art Ovation Hotel and Palm Avenue Parking Garage.

Marlow at Gandy Slated for 2790 Grand Avenue, St. Petersburg, Florida, 33716

7:00 am on July 10, 2023 By Colt Dodd

Marlowe at Gandy is a garden-style multi-family development unfolding in St. Petersburg’s Gateway area. The community will offer nine buildings, measuring three to four stories above grade.

Mill Creek Residential Acquires 2.91-Acre Site To Expand Cornertstone Mixed-Use Development In Coral Springs

8:00 am on July 9, 2023 By Oscar Nunez

Mill Creek Residential, under the MCREF MFR 1 Coral Springs II LLC affiliate, has made another significant move in the vibrant South Florida real estate market, acquiring a valuable multifamily development site in Coral Springs for $13 million. The 2.91-acre parcel, nestled within the Cornerstone mixed-use development at 3310 University Drive, will pave the way for a new project. The sale was facilitated by Coral Sample LLC, led by Rod Sheldon of Predesco in Boca Raton and Arctrust Investment Manager from Clifton, New Jersey. The transaction represents a land price of $102 per square foot, reflecting the immense potential of this prime location.

Caretta Juno Beach to Comprise 95 Condos at 1011 U.S. Highway 1, Juno Beach, Florida, 33408

7:00 am on July 9, 2023 By Colt Dodd

Caretta Juno Beach is a luxury condominium complex planned for Palm Beach County, Florida. The four-building five-story community will comprise just 95 units, starting at around 1,820 square feet.

40-Story Mixed-Use Tower Proposed Beside Brightline Fort Lauderdale Train Station

8:00 am on July 8, 2023 By Oscar Nunez

A 40-story mixed-use tower is proposed for a vacant property at 105 Northwest 3rd Avenue, adjacent to the Brightline Fort Lauderdale train station. The project, named Brightline Residences, aims to enhance the urban landscape of the area. With a height of 466 feet, the tower would encompass 609,381 square feet of space. The proposed plans include 392 residential units, comprising 240 studios/one-bedroom units and 152 two-bedroom units. Additionally, the development will feature 493 parking spaces, 5,986 square feet of commercial space, and 2,888 square feet designated for restaurants. FSMY Architects + Planners has skillfully designed the project, while Ocean Land Investments Inc, operating under BRIGHTLAND FTL OWNER, LLC, is the developer. The proposal is scheduled for review by Fort Lauderdale’s Development Review Committee on June 11.

Ellington Place Planned for 770 4th Avenue North and 200 17th Street North in St. Petersburg, FL

7:00 am on July 8, 2023 By Colt Dodd

A new community inspired by jazz legend Duke Ellington is slated for St. Petersburg, Florida. The project is called Ellington Place, and it features two six-story buildings: Ellington Place Downtown and Ellington Place Edge District.

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