New York-based Time Equities hopes to get approval for more than 900 apartments at Boynton Beach Town Square. The proposal concerns north and south parcels. Here’s what we know.
Berkadia announced it arranged for $172 million in construction financing for ONE Park Tower by Turnberry, a 33-story, 292-unit condominium tower located at 2411 Laguna Circle in the 184-acre master-planned community of SoLé Mia in North Miami, Florida. Designed by the award-winning architecture firm Arquitectonica, with interiors by the globally acclaimed Meyer Davis and landscaping by DS Boca, the building offers a variety of one-, two-, and three-bedroom units, including a selection of penthouses. The financing deal was orchestrated by Managing Director Scott Wadler, Associate Director Alec Fox, Senior Managing Director Mitch Sinberg, and Managing Directors Brad Williamson and Matt Robbins of Berkadia South Florida. It was closed with Bank OZK on behalf of Turnberry, led by Chairman and CEO Jackie Soffer, on March 25.
Contractors have officially broken ground on Origin Residences by Artefacto, a luxury housing development in the Bay Harbor Islands.
Internationally recognized real estate development firm Sumaida + Khurana has announced that Pritzker Prize-winning architect Eduardo Souta de Moura will design its new Class A+ office building at the corner of Fifth Street and Alton Road. This is the first building in North and South America for Souta de Moura. Sumaida + Khurana is partnering with property owners Roslyn and Norton Nesis and Robert and Miriam Weiss of Weiss Properties for the project located in Miami Beach’s South of Fifth neighborhood. Aaron Butler of Avenue Real Estate Partners structured the partnership. The design team also includes Zyscovich as the executive architect and Gabellini Sheppard designing the interior architecture. Sumaida + Khurana expects to start construction in 2025, with completion expected in the following year.
A team of 300 workers, operating in three shifts and utilizing 1,200 concrete trucks, is set to pour the foundation for Okan Tower, a forthcoming 70-story highrise development at 555 North Miami Avenue developed by Okan Group. Positioned to be a new landmark in Downtown Miami’s skyline, the tower is expected to reach 902 feet, making it one of the city’s tallest buildings upon completion in 2027. Okan Tower’s distinct architectural design aims to contribute a defining feature to Miami’s cityscape.
