A platting intake has been submitted by Resorts World Miami LLC and Miami-Dade County for the Monorail Transit Subdivision. The filing is in accordance with the proposal to connect Downtown Miami to Miami Beach via a monorail transit system crossing over via the MacArthur Causeway, which is currently in the development stages. The elevated trunkline would begin at Genting Group’s Herald Plaza development site, where Resorts World Miami is planned, and end at Washington Avenue and 5th Street in Miami Beach.
Plans are underway for “The Grand,” a $51 million project in Palm Beach County. The project intends to provide affordable housing to those in the area.
The Historic Preservation Board of the City of Miami Beach has approved the mixed-use Ocean Terrace redevelopment plans and streetscape master plan proposed by developer Ocean Terrace Holdings, led by Sandor Scher and Alex Blavatnik. Plans call for the construction of a 20-story residential tower with 75 units, an 11-story hotel with 127 rooms, and new retail and restaurant venues to be carefully unified with the renovated historic Broadmoor and Ocean Surf properties. Revuelta Architecture International is leading the design of the new construction with R.J. Heisenbottle Architects handling the preservation of the older structures.
As it stands today, Cloyd’s Dairy Dump is a defunct landfill located in Orlando, FL. However, soon, it will find new life as a mixed-use residential complex named “Fieldstream Village.”
CI Financial Corp will be joining Microsoft as a tenant at the 55-story 830 Brickell Class A+ office tower under construction in Brickell. The Canadian asset and wealth management firm has announced the signing of a 20,000-square-foot lease as they plan to establish a headquarters in the U.S. within Miami’s Financial District. The 724-foot-tall is designed by Adrian Smith + Gordon Gil with Revuelta Architecture International as the executive architect for developers OKO Group and Cain International, the duo behind Missoni Baia and Una Residences, and Italian architecture and design firm Iosa Ghini Associati is handling interiors.