The Jacksonville Business Journal reports that in a post-pandemic world, one thing is certain: vacationers want leisurely, beachfront getaways. That’s where a new Springhill Suites by Marriott in Duval County, Florida, comes in. The five-story hotel will comprise 136 rooms and more than 120 parking spots.
Renderings have been revealed for a newly proposed development at 2700 Northwest 2nd Avenue in Wynwood, Miami. PRH G40 Property Owner, LLC, a joint venture between Related Group, Tristar Capital, LNDMRK Development and Tricera Capital, has filed plans for an 8-story mixed-use building with the Wynwood Design Review Committee to be reviewed on April 12, 2022. The proposed plans include a 95-foot-tall, 363,363-square-foot structure containing 329 dwelling units, 18,452 square feet of commercial space and 206 parking spaces with 24 bicycle rack spaces. The architect is leading global design firm Arquitectonica with Coral Gables-based Naturalficial as the landscape architect.
Concord Summit Capital, LLC (Concord Summit) arranged a $16 million bridge loan to refinance and expand the Bed Bath & Beyond Plaza located at 14802 South Military Trail in Delray Beach, Florida. The sponsor, Berta Management of Florida, will use the money to construct a new Starbucks store, provide for capital improvements and pay off existing debt.
Soltura at East Terry is coming to Bonita Springs, Florida. The “small little homes” will sit on 20 acres, according to Naples Daily News. The community will comprise horizontal apartments measuring two stories above grade.
An obstruction evaluation study is currently underway at the Federal Aviation Administration (FAA) for a 454-foot-tall skyscraper at 1000 North Orange Avenue in the northern section of Downtown Orlando’s Central Business District. The four coordinates submitted to the FAA align with a vacant 1.474-acre site that sits on the southwest frontage of the intersection between North Orange Avenue and North Garland Avenue, also bound by West Marks Street and SunRail tracks on the south end of the block. According to the Orange County property records, the land is owned by a Hallandale Beach-based entity registered as Mustang Orange Garland LLC (Mustang) managed by Aaron Churba and Mike Daiagi. The entity, which is linked to a number of other financial and investment entities using the Mustang moniker, has owned the property since January 2005 after purchasing it from Orange Garland Realty Ent LLC for a $3,000,000.
