Plans Revealed for 420-Foot Condominium Tower at 1250 West Avenue in South Beach

A partnership between JDS Development, led by Michael Stern, and entrepreneur Gianluca Vacchi has announced plans for a 420-foot luxury condominium tower at 1250 West Avenue in South Beach. Designed by Kobi Karp, the proposed tower aims to replace an existing 286-unit building currently allowing short-term rentals. Unlike the current structure, the new development will prohibit short-term rentals and offer 100 long-term residential units, each with spacious interiors over 2,000 square feet.

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Developers Unveil First Yacht-Branded Residential Tower: Riva Residenze in Fort Lauderdale

Developers WellDuo, Vertical Developments, and GCF Development, together with Italian yacht maker Riva, have unveiled Riva Residenze, marking the launch of the world’s first yacht-branded residential project. The 20-story development includes 36 residences, occupying two parcels with 200 feet of waterfront and a private marina with slips. Sales and marketing for the project, located at 3019 Harbor Drive, are managed exclusively by Fortune Development Sales, with prices starting at $3.5 million.

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Developers Complete and Open Edera Palm Springs, a 264-Unit Residential Community in West Palm Beach

Mast Capital, Rockpoint, and The Spear Group have announced the official opening of Edera Palm Springs, a new residential community offering 264 upscale apartments in the rapidly growing village of Palm Springs within West Palm Beach. Located at 2085 South Congress Avenue, Edera Palm Springs offers a walkable garden-style community with 11 three-story buildings set amid lush landscapes, and is just a short 15-minute drive from downtown West Palm Beach. Currently experiencing a strong leasing demand, Edera Palm Springs has approximately 60% of units leased shortly after opening.

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