Hotel

Foundation Pour Is Complete For 70-Story Okan Tower At 555 North Miami Avenue In Downtown Miami

8:00 am on April 19, 2024 By Oscar Nunez

Foundation pouring is complete on the site of Okan Tower, a 70-story mixed-use skyscraper under construction at 555 North Miami Avenue in downtown Miami. International property developer Okan Group recently celebrated this significant milestone for their highly anticipated development, which is set to become the area’s next major mixed-use megaplex. The 36-hour continuous pour began on Friday, March 29, and was expertly managed by general contractor Jacob Companies in a joint venture with Okan Construction.

Construction Is Set To Begin In January 2022 For Adache Group Architects-Designed Aloft Hotel In Fort Lauderdale

8:00 am on December 29, 2021 By Oscar Nunez

Construction is set to begin soon on Aloft Hotel, a new 14-story commercial building planned for 501 Southeast 24th Street in Poinciana Park, Fort Lauderdale. The project’s architect, Adache Group Architects, has announced work will…

Legacy Hotel & Residences. Designed by Kobi Karp.

Royal Palm Companies Secures $340 Million In Construction Financing For Legacy Hotel & Residences

7:30 am on December 14, 2021 By Oscar Nunez

Dania Beach-based real estate developer Royal Palm Companies has landed a massive $340 million construction loan from New York City-based Silverstein Capital Partners for Legacy Hotel & Residences, a 51-story mixed-use building planned for 938 Northeast 1st Avenue within the 27-acre Miami Worldcenter master-planned development. The loan marks the third largest financing package executed in the state of Florida, and will allow for the vertical construction of the 690-foot-tall structure projected to yield nearly 1 million square feet. Renowned Miami architect Kobi Karp designed the modern Art-Deco inspired tower, and will feature interiors by ID & Design International.

Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

Waldorf Astoria Residences Miami Unveils Sky Collection

8:00 am on December 13, 2021 By Oscar Nunez

The developers of Miami’s upcoming first supertall skyscraper have unveiled the Sky Collection of residences at the Waldorf Astoria Hotel & Residences, a 1,049-foot-tall mixed-use development planned to rise 100 stories at 300 Biscayne Boulevard in Downtown Miami. The tower’s design features 9 offset glass cubes stacked upon one another, designed by Sieger Suarez Architects in collaboration with Carlos Ott for developers Property Markets Group (PMG), Greybrook Realty Partners, Mohari Hospitality and S2 Development. The Sky Collection is comprised of 40 luxurious residences featuring interiors designed by award-winning California-based design firm BAMO, priced from $4.9 million.

Two Roads Development Announces The 38-Story Five-Star Pendry Tampa Set To Debut In 2024

8:00 am on November 14, 2021 By Oscar Nunez

Plans have been revived for a prime piece of real estate along Downtown Tampa’s famed riverwalk. Developer Two Roads Development has partnered with Montage Hotels & Resorts to develop Pendry Tampa, a 38-story luxury hotel and residential building planned to rise at 103 Ashley Drive South. The project is comprised of a 5-star hotel with 220 rooms at the base of the tower, with 207 Pendry Residences throughout the upper floors, and opulent amenities. Pendry Tampa would be the fourth residential location of it’s kind, and Tampa Bay’s third five-star luxury branded residence.

Sales Launch For The 70-Story Okan Tower At 555 North Miami Avenue In Downtown Miami

8:00 am on November 10, 2021 By Oscar Nunez

Sales have launched for the highly-anticipated Okan Tower, a 70-story mixed-use skyscraper planned to rise at 555 North Miami Avenue in the epicenter of Miami’s urban core. Designed by Behar Font & Partners for Turkish real estate developer Okan Group, the 902-foot-tall structure will be anchored by Hilton Hotel & Residences and yield 163 Sky Residences with exclusive owners-only amenities, 236 Condo-Hotel Residences, a five-star hotel-resort with 316 room and endless amenities, and Class A Office Space. Plans for the project are now being fast-tracked with Fortune Development Sales leading sales and marketing.

Chetrit Group Lands $310 Million Loan From Madison Realty Capital For The Kobi Karp-Designed 6.2-Acre Miami River Mega Project

8:00 am on November 5, 2021 By Oscar Nunez

The Chetrit Group’s vision for the 6.2-acre Miami River may finally come to fruition after landing a loan to begin construction. The New York City-based developer was granted $310 million in financing from Madison Realty Capital for the first two phases of the 4.2 million-square-foot mega project in Brickell, which is comprised of building the first of four towers and the additions and improvements to the riverwalk. The deal was arranged by Henry Bodek of Galaxy Capital Group, and is collateralized by the land for the last three phases. Kobi Karp is the architect for development, which will ultimately yield 1,928 residential units, 330 hotel rooms, 196,882-square-feet of retail space, and 98,040-square-feet of office space across multiple glass-clad towers along with boat slips, an outdoor theater, a residents lounge, a business center, a state-of-the-art gym, a pool, and a café.

Proposals Reveal A 15-Story Hotel With 132 Units In Fort Lauderdale

8:00 am on November 3, 2021 By Oscar Nunez

The Development Review Committee of the City of Fort Lauderdale is now reviewing proposals for 2025 East Sunrise Boulevard, a 15-story commercial building near Victoria Park and Lake Ridge neighborhoods. The development would rise on a vacant 18,949-square-foot lot west of the Middle River, bound by the East Sunrise Boulevard bridge crossing into Coral Ridge on the south and the East Point Towers residential complex on the north and west along North Federal Highway. The project is designed by Miami-based Beilinson Gomez Architects and being developed by Sunrise 2025 LLC, planned to yield 132 hotel units with 108 parking spaces.

The Chetrit Group Awaits Construction Permits For Kobi Karp-Designed Riverwalk Towers In Miami

8:00 am on May 17, 2021 By Oscar Nunez

New York-based developer The Chetrit Group awaits permitting for their plans to build four 60-story rental skyscrapers along the Miami River. Designed by Kobi Karp, the pending tower cluster titled Miami Riverwalk Towers is addressed as 275 Southwest 6th Street in the north-western perimeters of the Brickell neighborhood, spanning 20 plots of land bounded by SW 3rd Ave. to the west, SW 7th Street to the south, SW 2nd Ave. to the east, and SW 5th Street to the north while also adjacent to the river waterfront and nearby the Interstate-95.

Arlo Wynwood. Designed by NBWW Architects.

Wynwood’s Upcoming Arlo Hotel Is Seen Rising At 2217 NW Miami Court

7:30 am on May 15, 2021 By Oscar Nunez

Construction on the Arlo Wynwood, a 9-story mixed-use hotel, is making notable progress in Miami’s Wynwood Arts District. Designed by NBWW Architects and developed by Quadrum Global, the ground up hotel is addressed as 2217 Northwest Miami Court, occupying the southwestern corner of the interior lot with frontage along Perimeter Road as well. The development is expected to yield up to 141,758 square feet of space with 217 guest rooms.

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