Palm Beach County, Florida, could soon be home to One South Ocean. The development could comprise two seven-story towers offering 70 units––35 per building. Developers have been planning this project since 2016.
Florida’s leading real estate developer Related Group, together with Manhattan-based developer Tricap, have unveiled plans for the NoMad Residences Wynwood, the first residential concept from the global hospitality icon NoMad Hotels and its parent company, Sydell Group. Located at 2700 Northwest 2nd Avenue in Wynwood, Miami, just steps from the world-famous Wynwood Walls, the 9-story structure is designed by global award-winning architecture firm Arquitectonica with interior spaces by Toronto-based DesignAgency. The development yields 329-units ranging from 464 to 931 square feet with reservations scheduled to launch this month. Prices will start from $500,000 with Fortune Development Sales as the exclusive sales and marketing firm. Related and Tricap are targeting Q4 2022 for ground breaking.
In 2021, the owners of the Homestead-Miami Speedway had sold about 34 acres of its property to Amazon. The $43.4 million warehouse could near completion by the end of this year––or even sooner.
Palm Beach-based real estate investment firm Frisbie Group and global real estate development firm Hines have officially unveiled South Flagler House, a two-towered 27-story residential development planned to rise at 1315 and 1401 South Flagler Drive in West Palm Beach, Florida. Designed by Robert A.M. Stern Architects (RAMSA), it will be the globally renowned architecture firm’s first luxury residential high-rise in Florida; global design firm Stantec will serve as the architect of record. One of the country’s top agents, Suzanne Frisbie, along with Corcoran Sunshine Marketing Group will exclusively lead sales and marketing. Sales are expected to launch later this year.
Shoreline Villas is expected to end construction in late 2022, offering affordable housing for people 62 years and older. According to the Housing Trust Group, LLC (the development’s owner), rent will range from about $480 to $1,053 a month. Residents who qualify will make “at or below 33 and 60 percent of the area median income.”
