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New Renderings Revealed For Okan Tower At 555 North Miami Avenue In Downtown Miami

8:00 am on April 27, 2024 By Oscar Nunez

New renderings have been revealed for Okan Tower, a 70-story mixed-use building under construction at 555 North Miami Avenue in Downtown Miami. Designed by Behar Font & Partners and developed by Okan Group, the 902-foot-tall, 914,124-square-foot structure will yield 399 residences, a 316-key hotel, along with 64,000 square feet of ‘Class A’ office space., and indoor and outdoor amenities. Witkin Hults + Partners is the landscape architect for the project, which is located on a 0.86-acre corner plot bound by North Miami Avenue to the west and Northeast 6th Street to the north.

Developers Secure $86 Million In Construction Financing For 420-Unit Multifamily ‘Tuscany Village’ At 4201 West 1st Street In Sanford, FL

8:00 am on April 21, 2024 By Oscar Nunez

Royal Palm Companies, in collaboration with the Mattoni Group under RPM SANFORD LLC, have secured an $86 million construction financing loan for Tuscany Village, a multifamily complex soon to be developed at 4201 West 1st Street in Sanford, Florida. This project represents a significant advancement in expanding high-quality residential options within the Orlando–Kissimmee–Sanford Metro area. Located on the south frontage of State Road 46, between Upsala Road and Sewell Road, Tuscany Village is strategically positioned to become a key community in Sanford. The development will feature 420 residential units distributed across seven four-story buildings. A date for the commencement of construction is expected to be announced in the coming weeks, with a phased completion targeted for 2026.

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.

Related And Merrimac Announce 31-Story ‘The Crosby’ At Miami Worldcenter

8:00 am on January 11, 2022 By Oscar Nunez

The Related Group, one of South Florida’s most active condo developers, and Merrimac Ventures, led by the Motwani Brothers, have teamed up for the development of The Crosby, a 31-story residential tower announced to rise at 601 North Miami Avenue within the 27-acre Miami Worldcenter complex. The project is comprised of 450 fully furnished units ranging between 350 square feet to 825 square feet, configured in studio, one-bedroom and two bedroom floor plans; over 22,000 square feet of amenities and 4,000 square feet of ground floor commercial space. Residences at The Crosby will have no rental restrictions, meaning owners will have the option to offer their units as short-term rentals. Miami Lakes-based Cohen Freedman Encinosa & Associates, the architect behind the 43-story Caoba tower, is leading the design with New York City-based AvroKO named as the interior designer.

Coral Gables Experiences Boom In Transit-Oriented Construction Projects Near Douglas Road Metrorail Station

8:00 am on December 30, 2021 By Oscar Nunez

Miami’s Coral Gables neighborhood has been experiencing an uptick in active transit-oriented residential, office and mixed-use construction projects. Architectural designer and urban planner Aaron DeMayo recently photographed the area from above, capturing the immense amount of on-going construction and recently completed developments surrounding the Douglas Road Metrorail Station parallel to South Dixie Highway (US Highway 1) between Southwest 37th and 38th Avenues. Below are a number of relative major projects in the area varying in stages of construction, as well as a few that were recently completed.

72nd & Park Proposed As A 21-Story Mixed-Use Building In North Beach, Miami Beach

8:00 am on December 25, 2021 By Oscar Nunez

Final plans have been submitted to the Design Review Board of the City of Miami Beach for 72nd & Park, a 21-story mixed-use building proposed to rise 233-feet in North Beach. Designed by Arquitectonica with Built Form as the architect of record and developed by KGTC LLC, the development is projected to yield 239,997 square feet of space including 270 residential units, of which 121 are microunits, over 40,000 square feet of amenities, 17,211 square feet of retail space and 326 parking spaces. The property is primarily addressed as 7145 Carlyle Avenue fronting North Shore Park along 72nd Street.

Permits Issued For Another 40-Story Tower At Miami Worldcenter In Park West, Downtown Miami

8:00 am on December 22, 2021 By Oscar Nunez

Construction permits have been issued for 697 North Miami Avenue, a 40-story mixed-use building planned to rise behind the 43-story Caoba tower at the 27-acre Miami Worldcenter development in Park West, Downtown Miami. Designed by Cohen Freedman Encinosa & Associates and developed by the CIM Group, the structure would rise 413-feet as part of the second phase of Block G. Plans for the second tower include 473,330 square feet of new construction with up to 411 residential units and 4,103 square feet of retail space. There would be no need for additional parking as the building will share the garage already attached to Caoba. Kaufman Lynn Construction, Inc. is listed as the general contractor.

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.

Metro Edgewater’s Concrete Superstructure Continues Ascent At 452 NE 31st Street In Edgewater, Miami

8:00 am on December 11, 2021 By Oscar Nunez

Construction continues to rise on Metro Edgewater, a 32-story residential building underway at 452 Northeast 31st Street in Edgewater, Miami. Located in what is often referred to as the Paraiso District, the tower is designed by Pablo Burgos of Coral Gables-based architectural firm Burgos Lanza & Associates and is being developed by Metro Edgewater LLC, an entity linked to real estate company Prodesa International LLC led by Carlos Ortiz. The structure is expected to top out at approximately 373-feet and is planned to yield 520,638 square feet including 279 residential units, 4,230 square feet of retail and a parking garage for 300 vehicles.

PMG Announces Pre-Leasing For 49-Story Society Biscayne In Downtown Miami

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

National real estate developer Property Markets Group (PMG) announces the start of pre-leasing for apartments at Society Biscayne, a 49-story mixed use building nearing completion at 400 Biscayne Boulevard. Soaring 571-feet in to Miami’s rapidly growing skyline, the project is developed in partnership with Toronto-based real estate private equity firm Greybrook Realty Partners and designed by Sieger Suarez Architects. Pre-leasing at the tower will begin on Friday December 9, 2021.

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