Aman Miami Beach Residences Gets FAA Clearance, Approved for Heights Up to 252 Feet Above Ground

OKO Group and Access Industries have secured Federal Aviation Administration (FAA) approval for the Aman Miami Beach Residences at 3425 Collins Avenue. The FAA issued two determinations, each specifying height clearances for different points of the building to ensure compliance with airspace regulations. The primary clearance permits a maximum height of 252 feet above ground level or 255 feet above mean sea level, representing the highest point of the building. The second clearance applies to the structure’s highest point, closest to the Miami International Airport (MIA) runway, with a height cap of 227 feet above ground or 230 feet above sea level. These approvals, finalized last week, are valid until late April 2026.

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Construction Begins on Mosaic Palms Apartments at 7376 Lyons Road near Boynton Beach

Akel Homes has officially broken ground on Mosaic Palms, a new apartment complex west of Boynton Beach, following a $30 million construction loan secured from Seacoast Bank. The Stuart-based bank provided financing to Civic Hypoluxo Holdings, a Delray Beach-based Akel Homes subsidiary. This loan covers the 11.8-acre development site located at 7376 Lyons Road, near the southeast corner of Hypoluxo Road.

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Two Downtown West Palm Beach Properties Acquired for Mixed-Use Redevelopment and Revitalization

EBC Capital, a real estate investment and development firm led by Eric Cohen, has acquired two properties in Downtown West Palm Beach for $5.6 million. The properties, located at 303 Gardenia Street and 501 S Olive Avenue, are part of EBC Capital’s plan to support the area’s revitalization, with leases already secured for tenants like men’s sportswear brand Redvanly and women’s swimwear brand Montce. The acquisition is intended to attract tenants from the wellness, hospitality, and fashion sectors.

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