Avison Young’s Florida Capital Markets Group has brokered the sale of a pivotal development opportunity at 7880 Biscayne Boulevard, Miami, known as Biscayne 79. The property, spanning an impressive 3.5 acres, was formerly occupied by the Immigration and Naturalization Service. The transaction was made under the guidance of court-appointed receiver Michael Goldberg and has garnered a selling price of $23 million.
McCoys Landing is just one step closer to getting approval in Jacksonville, Florida. The seven-story complex will offer 275 units on a two-acre build site.
Witkoff Group, the New York-based development powerhouse, is making steady strides toward transforming the former site of the Miami Arena. This prime real estate, nestled within the heart of the vibrant Miami Worldcenter, is preparing to welcome three towers spanning as many as 57 floors, marking a testament to the city’s evolving architectural landscape.
Lovers of St. Petersburg, Florida, will be delighted to learn that Sirata Beach Resort is moving ahead with a massive multi-million-dollar expansion. The Kentucky-based Columbia Sussex purchased the 13-acre property for $207 million in 2022––one of the most expensive hotel acquisitions in Pinellas County.
South Florida’s renowned commercial and residential firm, MGM Construction Group, has announced the commencement of construction on Phase 3 of the highly anticipated 10.8-acre Oasis Hallandale project in Hallandale Beach. The project, developed by Hallandale Oasis 2019 LLC, led by Giuseppe Iadisernia, and spearheaded by MGM as the general contractor, is set to bring a two-tower, mixed-use asset to the South Florida skyline.