Construction Continues On The 9-Story Office Tower And Parking Garage At The City Center In O-Town West, Orlando

YIMBY recently checked in on the progress of a 9-story office tower and parking garage under construction at The City Center in O-Town West, a mixed-use community located in Orlando’s southwest corridor between the Walt Disney and Universal Orlando markets fronting Interstate-4. Designed and engineered by Apopka-based Finfrock, who is also the precast concrete manufacturer & installer and the general contractor, and developed by Orlando-based Unicorp National Developments, the new tower will yield 350,000 square feet of Class-A office space fit for over 1600 daily employees, and will become the new headquarters for Marriott Vacations Worldwide Corp. The 7.127-acre City Center development site, addressed as 7800 Palm Parkway according to property records, is located at the crossing between Daryl Carter Parkway and Palm Parkway, and will additionally yield a 160-key Zen Hotel, nearly 23,000 square feet of commercial space and a parking structure for over 2000 vehicles.

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Related Companies Applies For Two Tower Cranes At 575 South Rosemary Avenue In West Palm Beach

The Federal Aviation Administration received applications for permits to assemble two towers cranes for the construction of 575 Rosemary, a 21-story mixed-use tower to be developed at 575 South Rosemary Avenue in West Palm Beach by New York’s Related Companies, encompassing over 500,000 square feet of new construction including 364 state-of-the-art luxury residences, ground floor commercial space and parking. The project is designed by Boston-based Elkus Manfredi Architects and Omaha-based Leo A. Daly with Meyer Davis leading interior design. The new structure will rise in the heart of The Square, an upscale Mediterranean and Venetian-themed mixed-use complex owned by Related, offering residents easy access to the best of West Palm Beach’s local arts, culture and wellness programming, as well as entertainment and shopping corridors in the downtown area.

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Naftali Group Closes On 1.3-Million-Square-Foot Miami Worldcenter Site With Plans to Build Two Supertall Residential Skyscrapers

New York-based developer, Naftali Group, a leading privately held global real estate development and investment firm, recently announced it has closed on a development site allowing 1.3 million square feet of new construction at 1016 Northeast Second Avenue in Miami Worldcenter, which spans 27 acres near Downtown Miami and is the second largest active private development in the United States with $4 billion in total investments. Naftali, in partnership with Cara Real Estate Management, purchased the site for $40.5 million. Mika Mattingly, Executive Managing Director at Colliers’ Urban Core Division, represented both Naftali, and Akara Partners, the seller, in the off-market transaction. According to a press release, the developer is planning to construct two supertall residential towers, which would be the first for Miami Worldcenter. Pre-sales for 1016 Northeast Second Avenue are slated for the end of this year.

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