Bonita Springs is one of Southwest Florida’s most treasured vacation getaways. Now, sources note that it could soon be home to the Ritz Carlton Residences––Estero Bay. The project calls for two 22-story towers, each comprising 112 residential units.
Construction has topped off on EDEN West, two residential buildings located at 8501 West McNab Road in Tamarac, Florida. Designed by MSA Architects and developed by CE Tamarac LLC, a joint venture between Cypress Equity Investments and EDEN Multifamily led by developers Jay Jacobson and Jay Massirman, the 4-story structures will yield 212 garden-style multifamily units, a robust amenity offering and 360 parking spaces on 6.24-acres of land between Northwest 70th Street, North Pine Island Road and West McNab Road. ANF Group, Inc., the project’s general contractor, first broke ground in the Spring of 2021, and is expected to complete construction in Q4 of 2022.
A former trailer park in Miami-Dade County could soon find new life as River Rapids, a 593-unit apartment complex. Homes would span from studios to three-bedroom units, with some homes featuring dens. Square footage ranges from 540 square feet to 1,300 square feet.
Earlier this month, Miami-based real estate developer and acclaimed condo king Related Group purchased a 6-acre assemblage west of the Hillsborough River in Tampa for just over $55 million from Hillsborough River Realty Corp. The recently acquired assemblage comprises 4 parcels of land and includes a 2.19-acre site at 102 South Parker Street, a 1.83-acre site at 101 South Parker Street, a 1.75-acre site at 108 Cedar Avenue and a .53-acre site at 110 Keller Avenue, totaling 274,428 square feet of floor area. Related plans on transforming the property into a massive mixed-use development with multiple buildings and yielding 1,079 residential units, 32,760 square feet of retail space and as many as 10 boat slips. The property sits south of Related’s Arabelle Riverwalk apartment complex and across the river from Downtown Tampa.
In 2018, Frito-Lay had plans for a massive snack fulfillment center in Osceola County. However, after various setbacks, it decided to table the project for another time. Now, as of August 2022, developers have plans for a $180 million fulfillment center that will require more than 350,000 square feet of new construction.
