Vertical construction will be moving forward on Solemar, a 20-story condominium tower underway at 1116 North Ocean Boulevard in Pompano Beach. It’s developer, the Related Group, acquired a $91.3 million mid-construction loan from CIBC Bank for the development, which broke ground in May of 2021. International architecture firm Arquitectonica is onboard as the designer of the condo tower with Meyer Davis handling interiors. Plans call for the construction of a 250-foot-tall building yielding 105 residential units, that of which 95% have already been pre-sold.
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.”