Florida YIMBY

Shvo Obtains $190M Financing For The Raleigh, A Rosewood Hotel and Residences In Miami Beach

8:00 am on August 5, 2023 By Oscar Nunez

New York-based Shvo and its partners have secured a $190 million construction loan for the renovation and condominium addition at The Raleigh hotel at 1775 Collins Avenue in Miami Beach. The loan, provided by Fort Lauderdale’s BH3 Management through its BH3 Debt Opportunity Fund II, supports the partnership between Shvo, led by Michael Shvo, and the German firm Deutsche Finance. The loan encompasses The Raleigh, the Richmond Hotel at 1757 Collins Avenue, and the South Seas Hotel at 1751 Collins Avenue. The transaction was brokered by Walker & Dunlop.

Cadenza at Hacienda Lakes Planned for 2024 Completion in Naples, FL

7:00 am on August 5, 2023 By Colt Dodd

Cadenza at Hacienda Lakes is an affordable housing complex set for Naples, Florida. The venture, estimated to cost $28.5 million to complete, will offer 160 residential units.

Housing Trust Group Completes Affordable Townhome Community In City Of Riviera Beach

8:00 am on August 4, 2023 By Oscar Nunez

Housing Trust Group (HTG), one of the nation’s largest affordable housing developers, announces the official completion of Heron Estates Family, a new $21.4 million affordable townhome community in Riviera Beach, Florida. Townhomes at Heron Estates Family are set aside for income-qualifying residents who earn at or below 30, 60, and 70 percent of the area median income (AMI), with rents ranging from $290 to $1,638 monthly. Heron Estates Family is 100% occupied.

The Harmony at Santa Barbara to Feature 82 Units at 4660 Santa Barbara Boulevard, Naples, Florida

7:00 am on August 4, 2023 By Colt Dodd

Now, we’re excited to report on another McDowell venture: The Harmony on Santa Barbara, an 82-unit complex. The multifamily development will offer homes to those making 30 to 80 percent of the area median income (AMI).

29-Story ‘Urban Infill’ Mixed-Use Development Filed With Miami-Dade County, Featuring Updated Design And Height Increase

8:00 am on August 3, 2023 By Oscar Nunez

Rockville Hospitality, LLC has recently submitted updated plans to Miami-Dade County planners, showcasing their vision for a 29-story urban infill, mixed-use development at 296 Southwest 7th Street in Brickell. Designed by Beilinson Gomez Architects P.A. with landscape design by Gardner + Semler Design Landscape Architecture, the approximately 308-foot-tall structure aims to offer 669,844 square feet of floor area, providing a total of 514 dwelling units, over 37,000 square feet of retail space, and 600 onsite parking spaces. With a focus on enhancing mobility through internal drives and beautifying the pedestrian environment, the development aims to reduce the adverse effects of urban sprawl while adding valuable density to the urban landscape. These updated details and design improvements build upon the initial UDRB filing for the project earlier this year.

Ekos Magnolia Oaks, an Affordable Housing Complex, Planned for 821 E. Magnolia Drive, Tallahassee, Florida

7:00 am on August 3, 2023 By Colt Dodd

Our sources point to an evolving housing development in Tallahassee, Florida. Ekos Magnolia Oaks is a garden-style housing community offering affordable housing to those making 33 percent to 60 percent of the area median income (AMI).

Landau Properties Closes On $29 Million Construction Loan For Forthcoming Indian Creek Residences & Yacht Club In Bay Harbor

8:00 am on August 2, 2023 By Oscar Nunez

Landau Properties, a real estate development firm based in New York and South Florida, has announced a significant construction loan for the upcoming Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands. The boutique residential property, which will feature condominium residences and a private marina, has secured a $29 million construction financing package. Construction on the development is underway, and sales are formally scheduled to launch this fall.

Leading Padel Brand Set To Open Flagship Location At SoLé Mia In North Miami

7:30 am on August 2, 2023 By Oscar Nunez

Reserve Padel, the leading luxury lifestyle padel brand, has partnered with SoLé Mia, the $4 billion, 184-acre master-planned North Miami community developed by LeFrak and Turnberry. This collaboration marks the opening of Reserve Padel’s first permanent location in the world and represents a significant milestone in strengthening padel’s positioning within Miami’s sporting fabric.

Livano Wildwood Planned for 12020 Brush Hill Road, Wildwood, Florida, 32162

7:00 am on August 2, 2023 By Colt Dodd

Livano Wildwood is a multi-family community unfolding in Central Florida. The residential community, uniquely positioned near The Villages, will comprise 248 Class-A apartment units.

Key International Envisions 51-Story Class-A Office Tower At 848 Brickell Avenue, Proposed To Rise 761 Feet

8:00 am on August 1, 2023 By Oscar Nunez

Key International, a Miami-based real estate investment and development company, is planning a significant transformation at 848 Brickell Avenue, where they are headquartered. They intend to replace the 42-year-old 13-story office building with a much larger office tower. Miami-Dade County planners have received a pre-application meeting request from 848 Brickell, LLC, an affiliate of Key International, to review their proposal for a 51-story Class-A office building soaring 761 feet above the bustling Brickell financial district. The property’s redevelopment would yield an impressive 704,000 square feet of office space, accompanied by a ground-floor retail space spanning 7,500 square feet and on-site parking facilities accommodating 1,065 vehicles.

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