Washington-based Gravel Road Partners is moving forward with Bayou Court Apartments, a workforce housing/affordable housing development in South St. Petersburg.
South Florida-based developer 13th Floor Homes has commenced construction on two single-family rental communities in Port Saint Lucie, Florida: Villas of Torino and Tredici at Central Park. These developments, now under construction, will contribute 346 rental townhomes to the region, addressing the increasing demand for single-family housing in South Florida.
In 2019, our sources indicated that Lali II, a developer, rezoned a 10.6-acre avocado farm from “estate density residential” to “industrial and office.” Yet, no development took place.
Miami-based real estate development firm BGI Companies has appointed Moss Construction as the construction management firm to complete Alba Palm Beach, a 22-story, 262-foot residential building at 4714 North Flagler Drive directly on the Intracoastal waterways in the emerging Northwood neighborhood of West Palm Beach. Designed by Spina O’Rourke + Partners with Schmidt Nichols as the landscape architect and developed in partnership with Blue Road, Alba Palm Beach is set to deliver a boutique collection of 55 luxury residences by 2025; units are priced from $3 million and are currently 45 percent sold.
Construction started on Renata at Lakewood Ranch in October 2022 in Southwest Florida. The 37-acre development will offer 501 units. It’s part of a larger 33,000-acre master-planned community, unfolding on the last available parcel.
