A Houston-based developer hopes to get approval for an affordable housing development that would replace an automotive building in Miami-Dade County.

Gilbane, in partnership with Palm Beach Atlantic University, has achieved financial close on a $240 million mixed-use student housing development set to rise in downtown West Palm Beach. The public-private partnership will deliver a 25-story tower at the intersection of Acacia Road and South Dixie Highway, addressing the university’s growing housing needs while contributing to the revitalization of the surrounding urban core.

Swire Properties Inc. has announced the sale of its interest in the retail and parking components of Brickell City Centre to Simon, a real estate investment trust specializing in premier shopping, dining, entertainment, and mixed-use destinations. The transaction is valued at approximately $512 million.

Our sources have revealed plans for a mixed-use development in Miami-Dade County. Uptown Aventura would feature multiple high-, mid-, and low-rise buildings, offering residential, retail, and hotel space.

13th Floor Investments has unveiled plans for Link at Boca, a new transit-oriented development located at 680 West Yamato Road in Boca Raton, Florida. The project is slated to break ground this summer and will bring 340 residential units and 24,000 square feet of ground-floor retail to a site directly adjacent to the Boca Raton Tri-Rail Station.