NP International has locked down a $158.4 million construction loan and are gearing up to break ground on Gables Station, a transit-oriented mixed-use project with 120,000 SF of retail space, 500 residential units and 66 hotel units.
Read MoreThe Markers Grove Isle Given The Green Light To Move Ahead With Development On Grove Isle
Afters nearly 5 years of litigation, The Markers Grove Isle, located on Coconut Grove's Grove Isle, has reportedly received the green light to move ahead with sales. No construction permits have been issued at this time as the anti-development movement against the project has not backed down.
Read MoreBrightline To Begin Passenger Rail Service Between West Palm Beach And Fort Lauderdale January 8th
Brightline will be launching South Florida into the future in early 2018 as they have announced that they will begin their inaugural rail service between West Palm Beach and Fort Lauderdale the week of January 8, 2018.
Read MoreCheck-Out The New Gucci Flagship Boutique Now Open In Miami Design District
During Art Basel PROFILEmiami got an exclusive first look at Miami's newest Gucci store which opened last month in the fast growing, fashion hotspot Miami Design District. The MDD location will become Gucci's Miami flagship and will also feature the full Gucci Décor collection available for sale.
Read MoreConstruction Update: Missoni Baia Releases New Drone Video Showing Construction Teams Powering Through Phase 1
Vladislav Doronin's OKO Group has released a new drone video showing construction teams powering through the first phase of construction. Since breaking ground in October 2017, 190 piles totaling over 12,000 linear feet have been installed along with 150 tons of steel reinforcing bar, and over 1,000 cubic yards of grout and concrete.
Read MoreAlco International Group Breaks Ground On Adagio Fort Lauderdale At 30% Sold
Alco International Group has broken ground on Adagio Fort Lauderdale located at 435 Bayshore Drive. The waterfront building is designed by GS4 Studios with interiors by Steven G and will rise 10 stories on the Intracoastal. The project is reportedly 30% sold and features 31 residences which range from 2 to 4 bedroom layouts.
Read MoreDave Howard, CEO of Brightline
Brightline Locks Down Final Approvals For Phase 2, To Begin Construction To Orlando In 2018
Brightline can finally begin construction on Phase 2, their new line of tracks to Orlando after gaining federal approval from the U.S. DOT for the transit line. Construction on Phase 2 is expected to kick off in early 2018. Service is expected to soon commence between Fort Lauderdale and West Palm Beach, adding service to Miami soon after.
Read MoreMEC Development Associates & B Developments Locks Down Construction Financing For Casa Grove, To Break Ground In January
MEC Development Associates and B Developments plan to break ground on Casa Grove in January. The developers who are developing the project as a joint venture recently locked down a $27 million construction loan for the approved luxury apartment tower from Israeli lender Bank Hapoalim (BHI).
Read MoreFlorida East Coast Realty On Track To Begin Construction On KPF-Designed Supertall One Bayfront Plaza In Early 2019
Miami is set to get its first supertall in the fast emerging Downtown neighborhood, as Tibor Hollo's Florida East Coast Realty is gearing up to begin construction on the 1,049', 92-story, Kohn Pedersen Fox (KPF)-designed One Bayfront Plaza in 2019. Demolition of an existing office building on the current site is scheduled for the first half of 2019.
Read MoreTwo Roads Development Officially Breaks Ground On The Bernardo Fort-Brescia-Designed Elysee In Edgewater
South Florida-based Two Roads Development has officially broken ground on Elysee, marking the rise of newest luxury condominium tower in East Edgewater. The announcement comes on the heels of last year’s delivery of Biscayne Beach, Two Roads Development’s first East Edgewater luxury condominium project.
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