Lotis Wellington I is a mixed-use venture unfolding in Palm Beach County, Florida. The lot was formerly a shell-rock mine, per the Palm Beach Post. The first phase, which is already under construction, will offer 191 market-rate apartments, 150 senior independent living units, and a 110-bed assisted living community.
A joint venture between Miami-based Aria Development Group and Fort Lauderdale-based Merrimac Ventures has acquired the last remaining parcels of land at the 27-acre Miami Worldcenter mixed-use district in Downtown Miami. The 34,800-square-foot assemblage includes a 24,000-square-foot site at 33, 45, and 55 Northwest 6th Street known as The Miami Link, acquired from I L A Employers Welfare Fund SE FL Ports Inc. (International Longshoremen’s Association) for $11 million, and a 10,800-square-foot-site at 600 Northeast 1st Avenue, acquired from Miami SPE LLC for $6.5 million, bringing the total acquisition cost to $17.5 million. The developers are planning a residential condominium tower with over 600 units across as many as 32 floors. Revuelta Architecture International is the design architect, and The Design Agency is handing interior design.
After years of faithful service, a 39,368-square-foot movie theater in Ormond Beach, FL, will make way for a new housing development. Hometown News notes that the community will comprise 310 luxury apartments.
Miami’s Building Department has issued excavation permits for One Brickell Tower II, a 47-story multifamily building planned for 77 Southeast 5th Street in Brickell, Miami. Designed by Arquitectonica and developed by the Related Group, the 478-foot-tall skyscraper will have 720,101 square feet of space including 506 apartments. The development represents one of three towers that are expected to rise on Related’s 3.9-acre One Brickell site, which includes the highly anticipated 73-story Baccarat condo tower and an even taller 82-story tower combining hotel and residential uses. John Moriarty & Associates is listed as the general contractor and Enea Garden Design Inc. is the landscape architect.
Kast Construction has started building a new 22-story tower in West Palm Beach, Florida. The venture will comprise 459 class A residential units on a 1.39-acre lot.
