Closed Elementary School to Make Way for Affordable Housing Units at 901 Kennard Street, Jacksonville, FL, 32208
Lake Forest Elementary in Jacksonville, FL, closed in 2019. Now, the site will make way for affordable housing units.
Lake Forest Elementary in Jacksonville, FL, closed in 2019. Now, the site will make way for affordable housing units.
One of Miami’s most active real estate developers, the Melo Group, is planning on developing four mixed-use towers at 1700 Biscayne Boulevard in the Arts & Entertainment District – previously known as the Omni District. According to The Real Deal, the developer is currently in contract to purchase the entire city block for $105 million in an all-cash deal, and will reportedly close some time later this month. The preliminary plans call for a complex of 60-story towers with a mix of condominiums and rental apartments with retail spaces across an assemblage spanning 3 acres.
Forte on Flagler is unfolding in Palm Beach County, FL. The ultra-luxury complex is a 24-story tower that will deliver over 40 multi-bedroom units.
Construction continues to rise on Metro Edgewater, a 32-story residential building underway at 452 Northeast 31st Street in Edgewater, Miami. Located in what is often referred to as the Paraiso District, the tower is designed by Pablo Burgos of Coral Gables-based architectural firm Burgos Lanza & Associates and is being developed by Metro Edgewater LLC, an entity linked to real estate company Prodesa International LLC led by Carlos Ortiz. The structure is expected to top out at approximately 373-feet and is planned to yield 520,638 square feet including 279 residential units, 4,230 square feet of retail and a parking garage for 300 vehicles.
Palmera on the River is a luxury housing complex coming to Fort Myers, FL. The Construction Journal reports that the $56.6 million project is expected to start construction in June 2022.