Fort Lauderdale-based Green Mills Group hopes to move forward with Peace Village, a four-story affordable housing development for residents 55-plus. The community would offer 104 apartments aimed at those making 70 percent of the area median income (AMI).
Related Group and Tricap have secured $141.5 million in financing for NoMad Residences Wynwood. The project, underway in Miami’s Wynwood Arts District, received a $51.5 million mezzanine loan from Related Fund Management and a $90 million senior construction loan from Kennedy Wilson. The nine-story condominium tower commenced construction in October 2023 following its September groundbreaking. Located at 2700 Northwest 2nd Avenue near the Wynwood Walls, the building is designed by Arquitectonica, with interiors by DesignAgency.
PulteGroup has plans for a single-family housing development north of Boynton Beach. The project, named “Amara,” will offer 145 residences, with at least 20 percent (29 units) resting on half-acre lots.
Terra and Lion Development Group have unveiled plans for Midtown 1, a 48-story residential building located at 3501 Northeast 1st Avenue in Midtown Miami. Scheduled to be reviewed by Miami’s Urban Development Review Board on May 15, this 598-foot-tall structure will offer 606,856 square feet of space, encompassing 400 condominium units, 27,658 square feet of retail space, and 498 parking spaces. The units will vary in size, ranging from 868 to 2,200 square feet, with a 14,471-square-foot penthouse atop the building. Arquitectonica is responsible for the architectural design, with interior design by Yabu Pushelberg and landscape design by Clad Landscape Architecture.
Yesterday, we reported on Mia Bella Palmetto, a build-to-rent community in Southwest Florida. Now, we’re reporting on another one: Marisol, a Class A complex that began construction in 2022.
