Developers Secure $76 Million In Construction Funding For 37-Story District 225 In Downtown Miami

Related Group, along with ROVR Development and BH Group, have landed a hefty $76 million loan to begin construction on District 225, a 37-story Airbnb-branded condominium development planned for a 15,000-square-foot site at 225 North Miami Avenue in Downtown Miami. Construction funding came from New York-based lender Madison Realty Capital to build the 394-foot-tall tower, which was approved by city planners in April 2021. The project is designed by Sieger Suarez Architects with interiors by the Meshberg Group, and will include 343 fully-finished and furnished units – all of which are sold out. The construction of District 225 will be managed by Craft Construction Company LLC. according to pending permits, and is projected to completed in 2024.

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Lions Group And Fortis Design + Build File Plans For 57-Story M Tower In Downtown Miami

On July 20, 2022, Miami’s Urban Development Review Board will consider proposals for M Tower, a 57-story mixed-use building planned for 56 Southwest 1st Street in Downtown Miami near the City’s Government Center. The applicants, Downtown 1st Street LLC, an affiliate of New York-based Lions Group NYC, and Miami-based Fortis Design + Build are proposing to improve the 1.046-acre property with a nearly 600-foot-tall mixed-use development consisting of a public parking garage for 694 vehicles and 10,531 square feet of ground floor commercial space, and a multifamily residential tower with 675 residential units. The project is designed by Nichols Architects with Naturalficial as the landscape architect, and Kimley-Horn is the civil engineer.

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First Look Inside Alba Palm Beach At 4714 North Flagler Drive In West Palm Beach, Florida

YIMBY has the first look at interiors inside Alba Palm Beach, a 22-story waterfront condominium tower slated for development at 4714 North Flagler Drive, directly on the Intracoastal Waterway, in the developing Northwood neighborhood of West Palm Beach, Florida. Designed by Spina O’Rourke + Partners with Schmidt Nichols as the landscape architect, and developed by BGI Companies in collaboration with Bay Harbor Islands-based Blue Road Group, the 262-foot-tall building will rise within a 1.71-acre site and comprise 55 luxury residences in a mix of two-, three-, and four-bedroom condos, and two- and three-story townhomes paired with 25,000 square feet of amenities. Douglas Elliman Development Marketing is handling the exclusive sales and marketing for the project, with units priced from $2.5 million anticipated to be delivered in 2025.

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