In April 2021, Prestige Builders Group secured a $22 million loan that they will put toward the construction of workforce housing. One of those housing units, dubbed Poe’s Lofts, will cost around $7 million, per the Construction Journal.
The Federal Aviation Administration has approved and cleared the way for three towers at the proposed location for Resorts World Miami, a $3 billion – 13.9-acre mixed-use gaming, hotel and entertainment development along the waterfront in Miami’s Omni District just south of Edgewater. According to to the approval letters, the three structures are approved to rise 642-feet, 643-feet and 645-feet from the ground up, or 649-feet above sea level.
Sunset Harbour is a future multi-story complex in Miami Beach that will feature both residential and commercial space. It will be located on 1733-1759 Purdy Ave. and 1724-1752 Bay Road in Miami, Florida, 33139. Upon completion, the building will be five stories.
Renderings have been revealed for Paseo Del Rio, a 7-story mixed-income residential building at 1401 Northwest 7th Street in the East Little Havana neighborhood of Miami. Developed by Paseo Del Rio, LLC, and affiliate company of the Related Group, and designed by Modis Architects, the 75-foot-tall building will yield 182 units that will provide housing to low and extremely low income households.
Construction on the Arlo Wynwood, a 9-story mixed-use hotel, is making notable progress in Miami’s Wynwood Arts District. Designed by NBWW Architects and developed by Quadrum Global, the ground up hotel is addressed as 2217 Northwest Miami Court, occupying the southwestern corner of the interior lot with frontage along Perimeter Road as well. The development is expected to yield up to 141,758 square feet of space with 217 guest rooms.