Residential

Legacy Hotel & Residences. Designed by Kobi Karp.

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

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.

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

Waldorf Astoria Residences Miami Unveils Sky Collection

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. 

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

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.

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

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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Water Street Tampa Announces Asher & ROOST Apartment Hotel At 1050 Water Street

Real estate development firm Strategic Property Partners (SPP) recently announced Asher, a dynamic, highly amenitized new 22-story apartment tower at 1050 Water Street in Water Street Tampa, the 56-acre neighborhood transforming Downtown Tampa. In addition to offering a collection of rental residences, the developer has teamed up with Method Co., the celebrated Philadelphia-based hospitality company, to bring the first Florida location of their high-design extended-stay concept, ROOST Apartment Hotel, at Asher. The building is designed by Morris Adjmi Architects with ODP Architecture & Design as the architect of record, and will offer a total of 490 thoughtfully-designed rental residences ranging from studio to two-bedroom homes and 30,000 square feet of ground-floor retail space.

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