Miami-based EcoStone Group is advancing on a mid-rise multi-family housing project in its home city. Vertical construction has reached the eight-story building’s third floor, with the entire project expected to top out in the first quarter of 2026.
Riverside Wharf breaks ground today in Downtown Miami. Developed by MV Real Estate Holdings (MVREH) and Driftwood Capital, in partnership with Merrimac Ventures, the $350 million hospitality-driven complex will rise along the Miami River with two towers designed by Jon Cardello of CUBE 3 Architects. Gensler is completing the construction documents and interiors are by ICRAVE. Moss Construction is the general contractor, and completion is slated for Fall 2028.
Cain and OKO Group have secured a $630 million refinancing for 830 Brickell, a 57-story Class A office tower at the heart of Miami’s Brickell Financial District. The new financing package, led by Goldman Sachs and J.P. Morgan Chase, replaces the prior construction bridge loan from TYKO Capital provided in July 2024.
Two developers have joined forces on a single-family housing development in West Palm Beach.
A major redevelopment has been announced for the former Orlando Sentinel property at 633 North Orange Avenue. The plan was unveiled during the December 2 State of Downtown event and outlines a $2 billion investment by Miami-based Midtown Development in partnership with London’s Heatherwick Studio. The more than 20 acre site is bounded by North Orange Avenue to the west, North Magnolia Avenue to the east, Colonial Drive to the north, and East Amelia Street to the south, and is bisected by Concord Street.
