Construction has officially completed on Canopy at West River, a 384-unit affordable housing development delivered by Related Urban Development Group in partnership with the Tampa Housing Authority, and a ribbon cutting ceremony is taking place today at 10:00 a.m. in Tampa’s West River district.
Vista Residential Partners is one step closer to building River Vista, a workforce housing development in Tampa. The firm recently secured a $19 million loan to help fund the project. Crow Holdings Capital was the lender; JLL Capital helped broker the deal.
Related Ross has closed on a $157 million construction loan for Shorecrest, a 28-story waterfront condominium tower planned for 1865 North Flagler Drive in West Palm Beach. Construction financing was provided by GoldenTree Asset Management. With the loan secured, demolition and site preparation are set to commence, with vertical construction anticipated to follow. Completion is projected for 2027.
Podium construction has topped out at JEM Private Residences, the 67-story condominium tower under development by Naftali Group at 1016 NE 2nd Avenue in Downtown Miami. The milestone marks the completion of the building’s 11th floor within Miami Worldcenter and signals the transition to full vertical construction of the residential tower above.
Construction has topped off on phase one of The District in Davie at 4803 South State Road 7 in Davie, Florida, marking the placement of the final structural beam and completion of the phase’s primary framework. The $1 billion, 2.8 million square foot mixed-use development is being developed by El-Ad National Properties and designed by Cooper Carry. Promethean Builders LLC serves as the general contractor.
