Miami Springs Town Center is still undergoing construction in Miami-Dade County, Florida. The South Florida Business Journal reports that originally, developers intended to start vertical construction in early 2020. Then Covid-19 happened. Now that the project’s back on track (thanks to a $14.7 million construction loan), it’s nearing completion.
Brooklyn-based developer Dependable Equities LLC has requested site plans approvals from the Development Review Committee for Ombelle, a 1,043,963-square-foot mixed-use development comprised of two mirrored 43-story towers at 300 Northeast 3rd Avenue in the growing Flagler Village neighborhood of Fort Lauderdale. With New York-based ODA Architecture onboard for architectural and landscape design, Witkins Hults + Partners as the landscape architect of record and Flynn Engineering as the civil engineer, the project will rise 493-feet over Fort Lauderdale’s Downtown Core and yield 1,100 dwelling units, 11,217 square feet of retail space and 1,100 parking spaces.
Dependable Equities hopes to move forward with a mixed-use complex in Broward County, Florida. Dubbed “the Ombelle,” the venture will offer 1,100 homes in two 43-story towers. Records show that the towers will measure 493 feet high.
Miami-based BH3 Management (BH3) has applied for building permits with the Federal Aviation Administration (FAA) for DNA Towers, a planned mixed-use development encompassing twin multifamily towers of 40 and 45 stories set to reside at 300 North Andrews Avenue in Fort Lauderdale. Designed by Sieger Suarez Architects with landscaping from EGS2 Corp, plans call for two 500-foot-tall structures comprising just over 1.4 million square feet including 612 residential units, approximately 60,000 square feet of prime experiential retail and commercial space, and a 7-story parking garage with 890 parking spaces. DNA Towers are proposed to become two of the tallest buildings in Fort Lauderdale, surpassing the current tallest, the 499-foot-tall 100 Las Olas.
Gridline Properties, a leading South Florida commercial real estate brokerage, announces the sale of 1426-1486 Skees Road in West Palm Beach for $16 million to Alliance Partners HP, LLC, an eponymous enterprise for the Bryn Mawr, Pennsylvania-based commercial real estate investment firm, which also has an office in Fort Lauderdale. The 8.26-acre property just West of Florida’s Turnpike is comprised of nine industrial buildings totaling 73,130 square feet, sold by GC Skees Industrial LLC. Yonatan Missika of Gridline Properties represented both sides of the deal, marking one of the highest price-per-square-foot trades in the county at $217-per-square-foot.
