PPG Development and BH3 Management have announced the successful refinancing of Slate Hallandale Beach, a 26-story luxury residential tower completed in 2022. J.P. Morgan and Monroe Capital provided the $225 million loan, which supports the continued stabilization and operation of the 250-unit property. Faisal Ashraf of Lotus Capital Partners arranged the financing.

Less than a year after starting construction in Tampa, Gasworx W2 has topped out. The seven-story project is on track for an early 2026 completion.

Miami World Tower 1, the first phase of the Miami World Towers development at Miami Worldcenter, officially opened at the end of 2024, introducing 560 rental units to Downtown Miami. Standing 579 feet tall and comprising 53 stories, the tower enhances the city’s skyline with its sleek and modern design. It features a fully glazed façade and a unique arrangement of balconies that create a subtle wave-like pattern along its exterior. The project was developed by Lalezarian Properties and designed by Nichols Architects; Coastal Construction Group served as the general contractor and Johnson, Avedano, Lopez, Rodriguez & Walewski Engineering Group, Inc. was the MEP engineer.

One Park Tower by Turnberry has officially topped off at 33 stories, marking a significant milestone for the residential development within SoLé Mia, a 184-acre master-planned community in North Miami. Developed by Turnberry and LeFrak, the tower is set to bring 303 luxury residences to the northern edge of the seven-acre Crystal Lagoon known as Laguna Solé.

Florida YIMBY has an update regarding a mid-rise building we first covered in April 2023. Our sources share that the final deck of VIDA Residences has been poured, indicating that that the project is moving forward with its scheduled 2026 completion.