PulteGroup, one of the nation’s largest homebuilders, officially broke ground yesterday, July 17, on The Cottage District, a new standalone workforce housing community in partnership with the Boynton Beach Community Redevelopment Agency (CRA). The development is located within the Heart of Boynton District, just north of downtown Boynton Beach.
Berkadia has announced the successful arrangement of a $73.27 million construction loan on behalf of Fortune International Group and Blue Road to complete Nexo Residences, a 16-story short-term rental condominium tower underway in North Miami Beach. The property will feature 254 fully furnished residences with a flexible ownership model and an EB-5 investment component.
Plans are in the works for a mixed-use development that will replace Bradenton City Hall in Manatee County.
Bricka CB Development, a joint venture between Bricka Real Estate and CB Development, has proposed Rio Vista Apartments, a 10-story multifamily project near the Miami River. The development is planned for four parcels at 413, 421, 431, and 453 NW 3rd Street, on the northern edge of the Lummus Park Historic District, near the boundary of Overtown and Downtown Miami.
A South Florida-based developer hopes to get approval for a for-sale townhome complex in Palm Beach County. Hibiscus Gardens would comprise 48 townhomes in nine buildings.
