Construction has reached the 50th floor on Okan Tower, a 902-foot mixed-use skyscraper underway at 555 North Miami Avenue in Downtown Miami. Developed by Okan Group and designed by Behar Font & Partners, the tower is now at roughly 75 percent structural completion, with 22 floors remaining to reach its full height of 72 stories.
A joint venture between New York-based Procida Development Group and Miami-based Trè Bèl Housing Group have proposed an affordable housing project in West Palm Beach.
Construction has reached 872 feet at Cipriani Residences Miami, an 80-story condominium tower rising at 1420 South Miami Avenue in Brickell. Developed by Mast Capital and designed by Arquitectonica with interiors by 1508 London, the building has surpassed the 868-foot roof height of Panorama Tower and now temporarily stands as the tallest residential tower in the city. Moss Construction is serving as the general contractor.
Miami-based Dragonfly Investments has submitted plans for a mixed-income housing project in Hallandale Beach.
Concord Wilshire Capital has closed on the $60 million acquisition of a 43-acre development site at the intersection of State Road 7 and Southern Boulevard in Royal Palm Beach, advancing plans for the rebranding and redevelopment of the property formerly known as Tuttle Royale. The site, which has also been identified in trade coverage as 10629 Acme Road, is planned for a large-scale mixed-use village with 401 multifamily residences, approximately 426,764 square feet of retail space, a 125-key hotel, and an approximately 82,875-square-foot office building.
