Prominent Miami developer, Ugo Colombo of CMC Group, has recently broken ground on Vita at Grove Isle, a boutique condominium at 5 Grove Isle Drive on the 20-acre gated private island just off the shore of the city’s Coconut Grove neighborhood. Collaborating with global architecture and design firm CallisonRTKL, local architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Human SustainableArchitecture, the seven-story development is set to offer 65 residences featuring unobstructed panoramic bay views, exquisite detailing, and the finest materials and workmanship. The project, designed as a singular architectural structure comprising three buildings – Mare, Luce, and Sole – echoes its distinct Grove Isle setting with a graceful, curved shape inspired by the island’s natural contours while maximizing vistas of the shimmering Biscayne Bay. Set amidst verdant, native landscaping, Vita at Grove Isle is poised to deliver a boutique living experience, with construction now underway and an estimated completion timeline of 24 to 28 months.
The 65-story tower will comprise at least 380 residences, starting in the mid-$400,000s. Units range from studios to three-bedroom layout plans, measuring 318 square feet to 2,762 square feet each.
Swiss real estate investment powerhouse, Empira Group, has made headlines with its recent acquisition of the 901 Southwest 3rd Avenue development site for $21.5 million, previously referred to as Empire Brickell, in the bustling Brickell neighborhood of Miami. This marks the firm’s second foray into greater downtown Miami’s development landscape in just under a year, with the transaction successfully closing on April 17th, 2023. With construction anticipated to begin in the first quarter of 2024, Empira Group envisions a 26-story tower comprising 310 market-rate apartments alongside approximately 2,500 square feet of ground-floor retail space. The project’s completion is slated for 2026.
Housing Trust Group (HTG), a national affordable housing developer, has partnered with AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat icon Alonzo Mourning, to secure financing and initiate construction on Astoria on 9th. This new $37.4 million, 120-unit affordable housing community in Bradenton will cater to seniors aged 62 and up.
The Collier County Planning Commission just approved The Haven at North Naples, a residential community. The venture will comprise one four-story building with 336 affordable housing units.