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Witkoff Secures $302.6 Million Construction Loan for First Phase of Kobi Karp-Designed Residential Development in Miami Worldcenter

July 27, 2026

Another major residential development is moving closer to construction in Downtown Miami after Witkoff, in partnership with Monroe Capital, secured a $302.6 million construction loan for the first phase of its planned three-tower community at 700 North Miami Avenue in Miami Worldcenter.

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In Banking, Construction, Construction News, Construction Update, Development, Development News, Finance & Banking, News, News & Features, Commercial Tags News & Features, News, Downtown, Downtown Miami, Witkoff, Monroe Capital, Monroe Capital LLC, Miami Worldcenter, Banking, Finance & Banking, Finance, Financing, Construction Loan, Kobi Karp, Kobi Karp Architecture & Interior Design, 700 North Miami Ave., Coastal Construction, Athene Annuity and Life Company, Apollo, Apollo Global Management, JP Morgan Chase Bank, Lotus Capital Partners, Featured, Commercial, 700 N Miami Ave.
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Witkoff and Ocean Terrace Holdings Reveal New Renderings of the Resort Residences at Ocean Terrace in Miami Beach

March 23, 2026

Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has revealed new renderings of the Resort Residences at Ocean Terrace. The Resort Residences are located in a separate building from the condo tower and boutique hotel. They offer furniture packages designed by RAMSA and the opportunity to be placed within the hotel program for bookings.

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In Development, Development News, Luxury Real Estate, Miami Beach, News, News & Features, Residential Tags News & Features, News, Development News, Development, Ocean Terrace Holdings, Ocean Terrace, Witkoff, Alex Witkoff, Residential, Miami Beach, North Beach, Alex Blavatnik, Sandor Scher, Revuelta Architecture, Luis Revuelta, Robert A.M. Stern Architects, Robert A.M. Stern, RAMSA, Featured, Luxury Real Estate
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Witkoff and PPG Development Top Off The Kobi Karp-Designed 'The Residences at Shell Bay'

March 2, 2026

Witkoff Group and PPG Development have surpassed a major milestone for Shell Bay, a private, 150-acre enclave and one of the nation’s most ambitious private club and residential communities. The property’s premier 20-story condominium tower, The Residences at Shell Bay, has officially topped off.

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In Development, Development News, Construction, Construction News, Construction Update, Hallandale Beach, News, News & Features, Residential, Commercial Tags News & Features, News, Residential, Commercial, Development, Development News, Construction News, Witkoff, The Residences at Shell Bay, Auberge Resorts, PPG Development, The Shell Bay Club, Douglas Elliman Development Marketing, G.T. McDonald, Featured, Hallandale Beach, Hallandale, Construction Update, Construction, Top Off, Kobi Karp, Kobi Karp Architecture & Interior Design, Alex Witkoff, Ari Pearl, Michael Leibowitz
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Witkoff and Ocean Terrace Holdings Launch Sales For 'Ocean Terrace' in North Beach, Miami Beach

October 27, 2025

Witkoff Group, in partnership with Ocean Terrace Holdings, a partnership between Alex Blavatnik and Sandor Scher, has officially launched sales for Ocean Terrace, a highly anticipated oceanfront mixed-use development in North Beach, Miami Beach.

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In Development, Development News, Development Sales, Luxury Real Estate, News, News & Features, Miami Beach, Residential Tags News & Features, News, Development News, Development, Ocean Terrace Holdings, Ocean Terrace, Witkoff, Alex Witkoff, Development Sales, Residential, Miami Beach, North Beach, Alex Blavatnik, Sandor Scher, Revuelta Architecture, Luis Revuelta, Robert A.M. Stern Architects, Robert A.M. Stern, RAMSA, Featured, Luxury Real Estate
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Vertical Construction Commences at Witkoff and PPG Development's The Residences at Shell Bay, One of Florida's Most Exclusive Club Destinations

October 15, 2025

Witkoff Group and PPG Development announced that The Residences at Shell Bay, a new Auberge-branded condominium inside the private 150-acre, Mediterranean-inspired Miami enclave, has gone vertical, with the first few levels of the 20-story tower now complete.

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In Commercial, Development, Development News, Construction, Construction News, News, News & Features, Residential, Hallandale Beach Tags News & Features, News, Residential, Commercial, Development, Development News, Construction News, Witkoff, The Residences at Shell Bay, Auberge Resorts, PPG Development, The Shell Bay Club, Julien Jouhannaud, Douglas Elliman Development Marketing, G.T. McDonald, Featured, Hallandale Beach, Hallandale
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Jerry McDonald Jr, Ari Pearl, Jerry & Joanne McDonald, Alex Witkoff, Craig McDonald, & Kelly Moore

Witkoff and PPG Development Break Ground on Kobi Karp-Designed The Residences at Shell Bay

February 6, 2025

On the heels of securing a $273 million construction loan, Witkoff Group and PPG Development have officially broken ground on The Residences at Shell Bay, a new condominium set within a 150-acre Mediterranean-inspired enclave.

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In Development, Development News, Hallandale Beach, News, News & Features, Residential Tags News & Features, News, Development News, Development, Residential, Groundbreaking, Witkoff, Alex Witkoff, PPG Development, Ari Pearl, Featured, Hallandale Beach, Douglas Elliman, Douglas Elliman Development Marketing, Kobi Karp, Kobi Karp Architecture & Interior Design
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The Belgrove Resort & Spa, Autograph Collection Opens In West Palm Beach

December 18, 2024

Access Real Estate and Witkoff have opened The Belgrove Resort & Spa, Autograph Collection in West Palm Beach as part of Marriott International. Opening on December 18, The Belgrove Resort & Spa is located along Lake Mangonia just 10 minutes from the heart of Palm Beach.

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In Commercial, Development, Development News, Hospitality, Hotels, News, News & Features, West Palm Beach Tags News & Features, News, Access Real Estate, Witkoff, Commercial, Development, Development News, The Belgrove, The Belgrove Autograph Collection, The Belgrove Resort & Spa Autograph Collection, Hotel, Hotels, West Palm Beach
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Witkoff Group and PPG Development Lock Down $273 Million Construction Loan For Shell Bay

November 21, 2024

Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades.

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In Development, Development News, Hallandale Beach, Banking, Finance & Banking, News & Features, News, Residential, Commercial, Hotels Tags News & Features, News, Development News, Development, Residential, Finance, Financing, Finance & Banking, Banking, Construction News, Construction Loan, Featured, Commercial, Hotels, Witkoff, Alex Witkoff, PPG Development
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Witkoff Set To Open The Belgrove, Autograph Collection Luxury Resort Including Renovated Dutchman's Pipe Golf Course in West Palm Beach This Fall

September 29, 2024

Witkoff, in collaboration with Access Industries, and Pyramid Global Hospitality, has signed an agreement with Marriott International to open The Belgrove, Autograph Collection in Palm Beach complete with a renovation of the Dutchman’s Pipe golf course.

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In Commercial, Development, Development News, Hospitality, Hotels, Luxury, Luxury Real Estate, News, News & Features, West Palm Beach Tags News & Features, News, Development News, Development, Hospitality, Commercial, The Belgrove, The Belgrove Autograph Collection, Hotel, Hotels, Golf, Golf Course, West Palm Beach, Witkoff, Access Industries, Pyramid Global Hospitality, Marriott, Marriott International, Featured
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The Shell Bay Club Reveals First Look At Private Yacht Club

May 31, 2024

Shell Bay, an exclusive 150-acre golf destination in South Florida first catapulted onto the world stage with its eye-popping $1 million+ club membership invitation fee, has revealed The Shell Bay Yacht Club, a private 48-slip marina, featuring two 55-foot houseboats available for charters.

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In Commercial, Development, Development News, Lifestyle, News, News & Features, Hallandale Beach, Residential Tags News & Features, News, The Shell Bay Club, The Residences at Shell Bay, Development, Development News, Commercial, Residential, Lifestyle, Witkoff, Hallandale Beach
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