Hotel

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.

Exterior Work Nears Completion On CitizenM Hotel In Brickell, Miami

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

Exterior work is nearing completion on the newly constructed CitizenM Brickell, 277-foot tall hotel in Miami’s Brickell neighborhood. Addressed as 955 South Miami Avenue, the building is designed by Gensler and developed by CitizenM Hotels, a hospitality brand founded by hotelier Rattan Chadha. The 21-story hotel will include 252 lodging units, mostly micro-sized rooms starting at 157 square feet, and up to 4,174 square feet of commercial space at the ground floor.

Excavation Underway For NATIIVO At 601 Northeast 1st Avenue In Downtown Miami

8:00 am on May 4, 2021 By Oscar Nunez

Excavation work is underway at 601 Northeast 1st Avenue, the site of a 51-story mixed-use tower known as NATIIVO in Downtown Miami. Designed by Arquitectonica and developed by Sixth Street Miami Partners LLC, a company owned by the Galbut Family, the development will yield 932,859 square feet a mix of residential, office, hotel and commercial spaces. Located just south of the Miami Worldcenter development, the site is bounded by Northeast 1st Avenue to the west, Northeast 6th Street to the south, Northeast 2nd Avenue to the east and Bezel at Miami Worldcenter to the north.

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

Envisioning The Future Supertalls Of The City Of Miami

8:00 am on April 26, 2021 By Oscar Nunez

In recent years, the city of Miami has seen an influx of proposals for supertall skyscrapers; this supertall is defined as a building reaching the height of 300 meters or greater, or a minimum of 984 feet. Various developers have put together elite teams of architects and engineers to bring the phenomenon to South Florida, yet as of today, none have been constructed. Skyscraper construction is no myth in the area as the city’s skyline is densely packed with hundreds of high rises, and perhaps even some that visually appear to come close to 300 meters, but a legitimate supertall has yet to come to fruition. This could be due to various factors, such as funding or engineering obstacles; maybe in the past the demand wasn’t there. But what we do know is that the FAA, the Federal Aviation Administration, has approved a handful of supertall skyscraper proposals. These are the most recently proposed and approved projects.

Water Street Tampa. Courtesy of Strategic Property Partners.

A Breakdown Of Phase 1 At Water Street Tampa: Hotels & Hospitality

7:30 am on April 21, 2021 By Oscar Nunez

YIMBY’s coverage of the development of Water Street Tampa continues with the hotel and hospitality components of phase one. In most mega developments, fine hotel space is typically a key ingredient in providing accommodations for visitors wanting to explore what the city’s neighborhoods have to offer, and so that is why Strategic Property Partners has brought together a team of elite architects and engineers to create the city’s first five-star hotel: The Tampa EDITION, the JW Marriott Tampa Water Street , as well as a recently renovated Tampa Marriot Water Street.

A Breakdown Of Phase 1 At Water Street Tampa: Residential Buildings

7:30 am on April 19, 2021 By Oscar Nunez

An area once known for being underdeveloped, filled with parking lots and vacant plots of land, isn now transforming into a sprawling new mixed-use development in the city of Tampa. Developed by Strategic Property Partners, a joint venture between Jeff Vinik, current owner of the Tampa Bay Lightning, and Cascade Investment, LLC, a company owned by Bill Gates, the 16-block $3 Billion mixed-use mega development known as Water Street Tampa is permanently changing the Downtown Tampa skyline with the rise of multiple new buildings.

Legacy Miami Worldcenter. Designed by Kobi Karp.

Construction Permits Await Approval For 50-Story Legacy Hotel & Residences At Miami Worldcenter

8:00 am on April 15, 2021 By Oscar Nunez

Developers Royal Palm Companies and OneWorld Developers anticipate the construction of their proposal for the Legacy Hotel & Residences at the Miami Worldcenter development. Designed by Kobi Karp Architecture & Interior Design Inc., the mixed-use tower is expected to rise approximately 659-feet into the Miami skyline across 50 floors. According to the permit filing, the site is addressed as 930 Northeast 1st Avenue, sitting diagonally across from Paramount Miami Worldcenter.

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