New 14-Story Apartment Building Proposed Near Seminole Hard Rock Hotel & Casino in Hollywood

8:00 am on September 1, 2024 By Oscar Nunez

A new apartment building has been proposed directly across the street from the iconic Seminole Hard Rock Hotel & Casino Hollywood, utilizing Florida’s Live Local Act to bring more residential units to the area. The proposed development, named Guitar View, is slated for a 38,545-square-foot lot at 5200 S. State Road 7, currently occupied by a used car business called Car Factory Outlet. The project, designed by Luis La Rosa of LLR Architects based in Pembroke Pines, is spearheaded by Guitar View LLC, managed by Nicolas Mendizabal and Eloy Garcia, both based in Miami.

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Bridge Loan Secured for Condo Conversion in Pompano Beach’s Growing Koi Community

8:00 am on August 31, 2024 By Oscar Nunez

Forman Capital has provided a $55.22 million bridge loan to facilitate the conversion of 214 Class A rental units into for-sale condominium residences in Pompano Beach, one of South Florida’s rapidly developing cities. The Envy project comprises two 11-story buildings located at 450 E. Atlantic Blvd. between Dixie Highway and U.S. 1, and is part of the larger Koi master-planned community, which includes trails, parks, and a private 26-slip marina. The loan originated from Forman Capital’s Ben Jacobson, Scott Mehlman, and Ty Regnier on behalf of the borrower, Envy Development DE, LLC. The financing was brokered by Jay Miller, Spencer Miller, and Noah Rothman of BayBridge Real Estate Capital, with the transaction closing on August 29, 2024.

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Plans Submitted To Miami-Dade County for 81-Story Dolce&Gabbana Tower at 888 Brickell Avenue

8:00 am on August 30, 2024 By Oscar Nunez

Plans have been submitted to Miami-Dade planners for the Dolce&Gabbana Tower, an 81-story mixed-use skyscraper designed by Studio Sofield with ODP as the architect of record. Located at 888 Brickell Avenue in Miami’s Brickell district, the tower is set to rise 1,049 feet and will house 259 residential units along with 102,805 square feet of commercial space, including retail, restaurants, a spa, and a gym. The development, led by JDS Development Group, will also include 273 parking spaces, reaching the maximum height permitted by the FAA in the area.

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