In August 2022, Tampa city officials declared a housing crisis, helping pave the way for “Gas Worx,” a mixed-use venture that will offer more than 5,000 homes––over 300 of which are affordable housing units.
Construction permits have been filed for M Tower, a 56-story mixed-use building planned for 56 Southwest 1st Street in Downtown Miami near the city’s Government Center district. Designed by Nichols Architects and developed by Great Neck, New York-based Lions Group NYC under the Downtown 1st Street LLC, development plans call for 507,071 square feet of residential space across 675 residential units 10,531 square feet of ground floor retail space, and 694 parking spaces. Naturalficial is the landscape architect, and Kimley-Horn is the civil engineer. Balfour Beatty Construction has been named the general contractor.
Serenade at Ovation is a proposed residential community in Orange County, FL. Although details are scarce at this time, sources report that construction could start on the venture in spring 2023.
Four retail concepts will be joiningthe already highly-anticipated roster of tenants slated to open at Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has completed leases with disruptor brand Savage X Fenty to open its first Florida location, as well as global brands lululemon and Ray-Ban, and New York-based Posman Books. Miami Worldcenter’s newest retailers, which are anticipated to open in 2023, expand the exceptional lineup of recently announced tenants including two food and beverage concepts opening soon by Michelin-star Chef Michael Beltran, Brasserie Laurel and El Vecino; Chicago’s Maple & Ash and etta restaurants; Sports & Social, a dining and entertainment concept; as well as other nationally recognized brands including Sephora, Bowlero, and Lucid Motors.
Fairmont Orlando is a $425 million venture slated for Orange County, Florida. General contractors hope to break ground in April 2023 and finish the job in early 2025. According to Hospitality Net, the seven-story venture will offer 550 guests rooms.
