Developers Get FAA Approval For 390-Foot-Tall Mixed-Use Project At 1242 Channelside Drive In Tampa’s Channel District

The Federal Aviation Administration (FAA) has approved building permits for 1242 Channelside Drive, a mixed-use development planned by Stamford, Connecticut-based Post Road Group in collaboration with VeLa Development Partners in Tampa’s Channel District. The FAA has authorized the project to reach 390 feet above ground, or 403 feet above mean sea level. The permit application was submitted on October 2 and received approval on November 21. The developers will retain the permits until May 21, 2025. 

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Florida East Coast Realty Seeks Demolition Permit for 19-Story Building, Paving Path for One Bayfront Plaza Supertall

A total demolition permit application has been filed for the future One Bayfront Plaza site, a proposed 92-story supertall skyscraper designed by Kohn Pedersen Fox with ODP Architecture & Design as the architect of record at 100 South Biscayne Boulevard in Downtown Miami. The filing, dated November 15, outlines plans for the demolition of 535,000 square feet at an estimated cost of $2.4 million. B2 Group is the contractor associated with the demolition, while Jerome Hollo from Florida East Coast Realty is the listed contact.

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Developers Get Approval From Miami’s UDRB For 38-Story ‘2900 Terrace’ In Edgewater

Miami’s Urban Development Review Board has issued approval for 2900 Terrace, a new 38-story mixed-use development slated for 401 Northeast 29th Terrace in the Edgewater neighborhood. This 380-foot-tall project is a collaboration between LNDMRK Development and Oak Row Equities, with design by the renowned architectural firm Arquitectonica. The development is anticipated to encompass 629,829 square feet, including 324 residential units, 22,354 square feet designated for office use, 13,108 square feet for commercial use, and 515 parking spaces. Construction is expected to be completed in 2026.

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Developers Secure $240 Million In Construction Financing For 56-Story Casa Bella Residences By B&B Italia In Downtown Miami

Developers Related Group (Related) and partner Alta Developers have closed on $240 million in financing for Casa Bella Residences by B&B Italia (Casa Bella), a 56-story residential building that broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.

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