Indianapolis-based Thompson Thrift Development has plans for a multifamily housing project in St. Johns County. Our sources indicate that Ponte Vedra Burbank Apartments would comprise 312 apartments, along with a suite of amenities.

Following the commencement of construction this past spring, The Perigon Miami Beach, a joint venture between Mast Capital and an affiliate of Starwood Capital Group, has announced the successful closing of $390 million in construction financing. This significant milestone marks a pivotal step forward in delivering what is set to become an architectural landmark and a symbol of refined living on at 5333 Collins Avenue on Miami Beach’s prestigious Mid-Beach coastline. General contractor Moss Construction broke ground on the ultra-luxury condominium in April 2024, with completion anticipated by 2027.

The affordable housing branch of the Related Group hopes to move forward with an expansion of a 1970s multi-family development in Miami-Dade County. The developer has filed a pre-application seeking approval for six buildings offering residences, commercial space, and parking.

SHVO has announced key construction milestones and the general contractor selection for The Raleigh, an ultra-luxury development in Miami Beach. Situated at 1775 Collins Avenue, the three-acre estate will include a 17-story residential tower designed by Peter Marino, a 60-room Rosewood hotel integrated within the historic Raleigh, Richmond, and South Seas Art Deco facades, and an exclusive beach club operated by Milan-based Langosteria. The Americaribe Moriarty Joint Venture (AMJV), a partnership between Americaribe, LLC, and John Moriarty & Associates of Florida, has been selected as general contractor, overseeing excavation and piling work currently underway.

PulteGroup is moving forward with the final phase of “The Preserve at Bannon Lakes” in St. Augustine. The single-family community is located within the larger Bannon Lakes master-planned development and will offer homes starting in the mid-$300,000s.