The Ritz-Carlton Residences, Estero Bay, a residential development coming to one of Southwest Florida’s last available stretches of waterfront within 500 acres of lush lands, reaches a new milestone upon selling $150 million of inventory in just 14 days after the official launch of the first tower with 112 units. Designed by globally-acclaimed architecture firm Arquitectonica and developed by London Bay Development Group, the highly anticipated project is comprised of two 22-story towers containing a combined 224 distinguished residences featuring interiors by Meyer Davis. Ground breaking is expected to occur later this year, aiming for completion in 2025.
Tyndall Air Force Base, located in Mexico Beach, Florida, is undergoing a multi-billion-dollar renovation that will transform the base into “the base of the future.” Part of that initiative includes a master-planned community that will eventually offer over 900 homes. The first phase will offer 216 apartments.
Miami’s Urban Development Review Board (UDRB) will consider proposals for the second and third phases of Flagler Oasis, a multi-building mixed-use development underway in the heart of Little Havana being developed by Aventura-based real estate firm Gamla Cedron Group. With the first phase of the development already under construction and scheduled for completion later this year, phases two and three would bring a 16-story residential tower with 248 dwelling units and an additional 8-story structure containing 70,000 square feet of office space, as well as commercial spaces and integrated parking structures. The project is designed by Coral Gables-based Behar Font & Partners with Witkin Hults + Partners as the landscape architect, and is expected to rise as high as 176-feet or so.
Astor Development hopes to end construction on Douglas Enclave by the third quarter of 2022. Construction on the venture began in 2019 and involved demolishing a building.
Miami’s Urban Development Review Board has received plans for LIVWRK Wynwood, a mixed-use development proposed for 2400 and 2500 North Miami Avenue in Wynwood. Designed by New York City-based Morris Adjmi Architects with MKDA Florida designing interiors, and developed by Brooklyn-based real estate developer LIVWRK, the proposal is comprised of two buildings on separate parcels of land rising 8 to 12 stories each. The 2400 parcel would consist of 420 multifamily residential units and 59,461 square feet of office space above 29,057 square feet of ground floor commercial space. The 2500 parcel would would be developed as an apartment/hotel with 122 units, atop 8,996 square feet of ground floor commercial space. In total, both buildings would collectively yield 922,466 square feet including 611,855 square feet of residential and amenity space, 100,220 square feet of office and commercial space, and a 210,361-square-foot parking structure for 564 vehicles and 50 racks for nearly 800 bicycles.