With the completion of Fairfield at Cypress, a recently completed multi-family housing development in Fort Lauderdale, developer Pinnacle wants to proceed with the venture’s second phase. The Fort Lauderdale Development Review Committee will consider plans for the project today.
Construction continues to ascend on the Waldorf Astoria Hotel & Residences, a 100-story supertall skyscraper under development at 300 Biscayne Boulevard in Downtown Miami. The tower, which has now surpassed one-third of its full height, is being developed by Property Markets Group (PMG) and Greybrook Realty Partners, in partnership with Mohari Hospitality, S2 Development, and Hilton. Designed by Sieger Suarez Architects in collaboration with Carlos Ott, the 1,049-foot-tall structure will yield 387 private residences and 205 hotel rooms, marking a milestone as Florida’s first supertall and the tallest residential building south of New York City.
Two developers have recently secured approval for a high-rise mixed-use project in Aventura.
MG Developer has secured a $41 million construction loan from Pine Bay Capital for The George Residences, a collection of 13 ultra-luxury townhomes at 717 Valencia Avenue in Coral Gables. This financing marks the next major step toward completing the final project in the developer’s decade-long transformation of the Biltmore Square area.
Codina Partners has selected ANF Group as the general contractor for Sevilla at Downtown Doral, a two-phase residential development that will bring 412 new units to the heart of Doral. Located on a 4.2-acre site at the intersection of NW 53rd Street and NW 52nd Terrace, the project marks a significant addition to the expanding Downtown Doral neighborhood.
