The Monaco Yacht Club & Residences, a new nautically-themed, 12-story boutique bayfront residential building and private marina, has received its temporary certificate of occupancy (TCO), signaling the start of closings. The 137-foot-tall development is located at 6800 Indian Creek Drive in the North Beach section of Miami Beach, bound by Biscayne Bay on the west. Designed by world-renown architect Arquitectonica and developed by Optimum Asset Management USA, the European-style property yields just 39 luxurious waterfront residences delivered filly finished with curated interiors by esteemed architect Piero Lissoni. Sales and marketing is being handled by Fortune International Sales, with units priced from $1.1 million.
The Alibi at Lake Lily is slated for Ocoee, Florida. The multi-million-dollar residential venture will offer 410 homes, ranging from studios to three-bedroom homes. Per Rebusiness Online, plans call for 24 studios, 156 one-bedroom homes, 186 two-bedroom units, and 44 three-bedroom homes.
Coastal Construction has broken ground on the Arts and Entertainment Residences (AER), a 31-story luxury apartment tower in Downtown Tampa. Designed by Cube3 Architects and developed by American Land Ventures and Gazit Horizons, the 346-foot-tall high rise will be located at 300 West Tyler Street, across from the Straz Center for the Performing Arts, offering immediate access to the city’s cultural institutions while providing scenic city and river views to its residents. There will be 334 residential units available in eleven distinctive studio, one, two and three-bedroom floor plans intentionally and carefully designed to meet the demand of the Downtown Tampa luxury rental market, and a separate structure with 13,688 square feet of ground-level retail space and 514-space parking garage above the shops.
Contrary to what the name suggests, Kentucky Square isn’t headed for the Bluegrass State. Instead, it’s a 149-home housing development coming to Sanford, Florida. The project has already been approved.
Foundation permits have been issued for 300 Biscayne Boulevard, the site of the upcoming 100-story Waldorf Astoria Hotel & Residences, the first supertall skyscraper to be developed in Miami. The project’s developers, Property Markets Group, Greybrook Realty Partners, S2 Development and Mohari Hospitality, were officially issued permits to begin foundation work on March 23, 2022, and Keller North America Inc. is listed as contractor. The scope of work involves site and soil improvements on the 43,791-square-foot development site with a price tag of $5,165,000. The permits expire on November 19, 2022, meaning ground breaking is likely to occur in the coming months.