Sentosa Beachwalk Apartments Phase I (now named “The Elysian”) is getting its second phase in Saint Augustine, FL. The $33.4 million project started construction in August 2021.
A notice of commencement has been filed by Florida East Coast Industries (FECI), the parent company of Brightline, indicating construction is set to begin at the site where two 83-story mixed-use towers are being planned. The scope of work involves the restructuring of the streetscape, re-aligning Northwest 1st Avenue directly south to Northwest 1st Street, demolishing the existing small park that breaks up the grid, and some sewer and plumbing work. Upon completing the realignment of the street, a new rectangular interior lot will be formed at 195 Northwest 2nd Street to make way for the 848-foot-tall south tower.
Full demolition permits have been issued for a low-rise commercial structure at 90 Southwest 8th Street in Brickell, Miami. Built in 1971, the building spans 45,465 square feet and is tucked in the southeast corner of the junction between Southwest 1st Avenue and Southwest 8th Street. The interior lot is approximately 21,210 square feet and bordered by multiple high-rise structures including the 48-story Soltair Brickell Apartments on the east and the 30-story Brickell Bayview Center on the south. Gazit Horizons Brickell LLC, an entity linked to Tel Aviv-based real estate magnate Gazit Globe, is the owner of the application.
Maifly Narcoossee Apartments is a master-planned community coming to Orlando, FL. General contractor Summit Contracting Group, Inc. broke ground in April 2021.
Sales have launched for the highly-anticipated Okan Tower, a 70-story mixed-use skyscraper planned to rise at 555 North Miami Avenue in the epicenter of Miami’s urban core. Designed by Behar Font & Partners for Turkish real estate developer Okan Group, the 902-foot-tall structure will be anchored by Hilton Hotel & Residences and yield 163 Sky Residences with exclusive owners-only amenities, 236 Condo-Hotel Residences, a five-star hotel-resort with 316 room and endless amenities, and Class A Office Space. Plans for the project are now being fast-tracked with Fortune Development Sales leading sales and marketing.
