Two Roads Development has secured $520 million in construction financing for Pendry Tampa and Pendry Residences Tampa, a 38-story luxury hotel and condominium tower under construction along the Tampa Riverwalk at the corner of Ashley Drive and Whiting Street. The financing package comes from New York City-based Sculptor Capital Management and Connecticut-based Nuveen Green Capital, with the latter contributing $290 million through the largest Commercial Property Assessed Clean Energy (C-PACE) loan in history.

An Administrative Site Plan Review (ASPR) application has been submitted to Miami-Dade County for Princeton Apartments, a new residential development at 12999 SW 248th Street in Princeton. The project is being developed by Princeton DCR LLC and designed by PPKS Architects.

On Wednesday, September 10, North Development celebrated the groundbreaking of Domus Brickell Center, a 35-story tower that will deliver 579 fully furnished residences to Miami’s Brickell neighborhood. The project expands the developer’s Domus FLATS model, which merges modern living with hotel-level services and short-term rental flexibility. Mc+G Architecture is serving as the project architect, with interiors curated by Urban Robot Associates.

Next year, Alta Developers intends to start construction on an 18-story residential venture in Broward County.

Miami Beach has broken ground on Phase II of its $29.4 million upgrade to Lincoln Road, the city’s iconic pedestrian promenade. A ceremony held on Friday, September 5, brought together city officials, project partners, and community representatives to mark the beginning of construction, which will bring new outdoor seating and an extended pedestrian experience to the landmark corridor.