Excavation Permits Filed For 700 NE 24th Street Where Twin 62-Story Aria Reserve Miami Is Planned

The Melo Group has filed new construction permits for 700 Northeast 24th Street, the site of the planned twin 62-story Aria Reserve Miami towers in Edgewater, Miami. The work items listed in the application pertain to site work only, which includes excavation, piles and site/soil improvements. Designed by world-renown architectural firm Arquitectonica, the pair of skyscrapers is planned to rise to the maximum height permitted in the area which is 649-feet, and will become the tallest residential twin towers on a waterfront in the country. The developer intends to yield 782 residences across 5-acres of land with this project.

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Four Seasons Hotel & Residences. Designed by HKS Architects.

Iguana Investments Plans To Build 170-Room Hotel And 90,000 Square Feet Of Office Space In Downtown Jacksonville

Jacksonville Jaguars owner Shad Khan is planning an ambitious mixed-use project just south of TIAA Bank Field and the Hart Bridge Expressway in Downtown Jacksonville. Iguana Investments, Khan’s development company, just recently received  approvals from the city’s Downtown Investment Authority (DIA) to build a 170-room hotel along with 25 for-sale luxury residences and a 90,000-square-foot office building on the site of the former Kids Kampus by Metropolitan Park. Although there is no formal agreement in place, Four Seasons Hotel & Residences may be the intended brand for the hotel and residential component.

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Property Markets Group And Raven Capital Management Secure $120 Million Construction Loan for Society Orlando

Miami and New York City-based investment, development, and asset management firm Property Markets Group (PMG), alongside partner Raven Capital Management (Raven) has announced the securing of a $120 million construction loan for their 825,000-square foot – 26-story Society Orlando mixed-use project located at 434 North Orange Avenue in Downtown Orlando. The loan is being provided for phase one of the development of the project, which broke ground in 2020. Funds are being provided by an entity managed by Los Angeles-based CIM Group.

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