Construction continues to rise on Society Orlando, a 330-foot-tall, 26-story mixed-use development at 434 North Orange Avenue in Downtown Orlando. Designed by Orlando-based Baker Barrios and being developed by Miami and New York City-based Property Markets Group (PMG) alongside investment partner Raven Capital Management (Raven), the project consists of a pair of towers that will yield a combined 707 residential units under PMG’s Society Living brand with approximately 36,000 square feet of ground floor commercial space. The first phase of the development is making rapid vertical progress with John Moriarty & Associates as the general contractor.
A group of developers are planning on reviving and redeveloping a nearly 1-acre piece of property near the Arts and Entertainment District in Edgewater, Miami. Skylight Real Estate Partners, Panther Capital Management and Arden Group formed a joint venture and purchased 1836 Biscayne Boulevard and 256 Northeast 19th Street from Fifteen Group for $20 million. Plans for the recently purchased site include the construction of a 40-story residential tower and the restoration of the First Church of Christ Scientist structure built in 1926, which would then be converted into over 15,000 square feet of retail. To the developer’s convenience, the property came with approved plans from 2019, allowing them to cut down on time typically spent in the planning stages.
L&L Holding Company (L&L) and Carpe Real Estate Partners (CREP) have announced that they have successfully completed the acquisition of a 3-acre assemblage for the creation of The Wynwood Plaza, a one-million square-foot multi-building mixed-use development that will bring new office, residential, retail and outdoor space to Miami’s booming Wynwood Arts District. Formerly known as 29N, the project is designed by world-renowned architecture firm Gensler and will become a major attraction and destination for Wynwood. Plans for projected to yield 260,000 square feet of office space, 509 residential units, array of indoor and outdoor dining and shopping options, a beautifully landscaped 25,000 square-foot outdoor public plaza and a parking garage with 668 car spaces and 954 bike spaces