In May 2023, Florida YIMBY reported on Salato Pompano Beach, a nine-story residential venture in Broward County. Now with the acquisition of a $73.8 million construction loan, it’s expected to break ground soon.
Property Markets Group (PMG) and MoneyShow have officially broken ground on One Park Sarasota, an 18-story luxury condominium designed by Sarasota-based Hoyt Architects. Situated in the heart of The Quay waterfront community in Downtown Sarasota, the development will introduce 86 residences with over 40,000 square feet of high-end amenities, offering residents breathtaking views of Sarasota Bay and the city skyline. The project is expected to contribute significantly to the city’s growing skyline and cement its status as a premier bayfront destination. Coldwell Banker Realty is handling the exclusive sales for the property, led by Chelsa Vahtomin and Robert Robinson.
Recently, Florida YIMBY has learned of various build-to-rent communities in the Sunshine State. Here’s a spotlight on two of them.
New renderings have been unveiled for Gallery Haus, a 23-story luxury residential tower that will introduce 251 multifamily residences at the intersection of the Edge District and Warehouse District in downtown St. Petersburg. Situated just steps from vibrant shops, restaurants, and cultural hubs, the development also enjoys close proximity to the forthcoming $6.5 billion redevelopment of Tropicana Field.
New York-based Kushner Co. has a 5.7-acre site in Broward County under contract from 58 Oak LLC and 4220 N 58th Avenue Partners LLC. There, it hopes to build Hollywood Oaks, an eight-story mixed-use venture.
