General Contractor Selected for Next Phases of Marina Pointe in Tampa Bay’s Westshore Marina District

Coastal Construction has been selected to lead the pre-construction planning for the next phases of Marina Pointe at Westshore Marina District in Tampa Bay. This three-tower waterfront development aims to expand upscale residential options in the area. The second tower is planned to commence construction later this year, adding 151  condos ranging from 1,100 to 3,300 square feet. Prices for these one- to four-bedroom residences will start in the high six figures and go up to several million dollars. Additionally, seven Harbour Homes, each approximately 3,300 square feet, will be part of this phase. Marina Pointe, situated on a private peninsula, is a key feature of the 52-acre Westshore Marina District, providing residents with easy access to shopping, dining, green trails, boating, and water sports.

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830 Brickell in Miami Lands $565 Million in Financing Ahead of Completion

830 Brickell, a 57-story, 640,000-square-foot Class A+ office tower in Miami’s Brickell Financial District, has secured $565 million in financing ahead of its delivery this fall. The long-term loan from TYKO Capital will pay off the development’s existing construction loan from MSD Partners. This emphasizes 830 Brickell’s significance as a base for many firms establishing their first Miami office, with over 90 percent of the building’s tenants being new to the market. Designed by renowned architecture firm Adrian Smith + Gordon Gill with interiors by Italian architecture and design company Iosa Ghini Associati and developed by OKO Group and Cain International, this fully leased 724-foot-tall tower is the first stand-alone Class A+ office building in Brickell in over a decade. Currently, it is receiving its Temporary Certificate of Occupancy in phases, with tenants building out their spaces. Delivery is expected this fall. The transaction was represented by Beatriz Azcuy of Sidley Austin LLP.

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