In April 2023, Boca Raton-based Mill Creek Residential broke ground on the first phase of Moderna Aventura, which will offer 420 apartments, 6,400 square feet of retail, and 632 parking spots. The developer received approval for a second phase with the same specs, but now has filed plans for a smaller phase.
Plans for the Waldorf Astoria Residences St. Petersburg, a 49-story tower set to become the city’s tallest building, have been significantly revised. The mixed-use luxury condominium tower, to be located at 150 2nd Avenue South in downtown St. Petersburg, has undergone a dramatic redesign, now featuring new architectural plans by Miami-based CUBE 3. Initially designed by New York-based SLCE Architects, the changes represent a shift in the project’s vision, with CUBE 3 stepping in to reshape the iconic structure. The project is a joint venture between Miami’s Property Markets Group and the City Center office building owners, including Feldman Equities, City Office REIT, and Tower Realty Partners.
A five-story penthouse-only condominium is scheduled to break ground on Treasure Island, Florida. The Pearl, scheduled for a 2025 release, will feature four full-floor penthouses that offer “unobstructed 180-degree ocean views and private access to one of the widest sections of the barrier island”.
A development group is seeking up to $10.6 million in incentives to incorporate affordable and workforce housing into its proposed 25-story mixed-use project ‘Fern & Gardenia’ designed by Miami-based Arquitectonica in downtown West Palm Beach. The city’s Community Redevelopment Agency (CRA) Board will review the term sheet for tax increment financing (TIF) from WPB Fern Holdings LLC today. WPB Fern Holdings LLC is a partnership between Miami-based 13th Floor Investments, West Palm Beach-based Wexford Real Estate Investors, and New York-based L&L Holdings.
On Saturday, Florida YIMBY reported on San Sebastian Luxury Homes, a venture seeking to double its density because of new Rapid Transit Zone (RTZ) rules. Now, we’ve learned of another transit-oriented development in Miami-Dade County.
