American Dream Miami has moved closer to its expected 2021 groundbreaking after Triple Five Group completed a land swap with Graham Companies for the final 25 acre needed to develop the mega mall. The land is located south of NW 178th Street and east of 97th Avenue in unincorporated northwest Miami-Dade County.
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RPC Plans $60M Health & Wellness Center At Legacy Hotel & Residences in Miami Worldcenter
Royal Palm Companies, led by Dan Kodsi, have announced that as part of Legacy Hotel & Residences at Miami Worldcenter they will develop a $60 million, 100,000 SF healthcare center. Named Health + Performance, the health and wellness facility will also feature a medical center with ventilators.
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Metropica's First Residential Tower Receives TCO And Begins Closings In Sunrise
ONE Metropica Residences, designed by YOO, has received its Temporary Certificate of Occupancy (TCO) and became the first residential tower within the $1.5 billion, 65-acre master-planned Metropica in Sunrise, FL, to be completed and begin closings.
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Rieber Developments Breaks Ground on 12|12 Aventura in the Aventura Health District
Aventura-based Rieber Developments has announced the groundbreaking of 12|12 Aventura, a 10-story complex comprising of a 30,000-square-foot gourmet marketplace and food hall, 25,000 square feet of offices, a 160-residence luxury senior residential component, and a structured parking garage, all with interiors designed by Interiors by Steven G.
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57 Ocean Condo Secures $58.5 Million Construction Loan from Bank OZK
Miami Beach’s 57 Ocean, a luxury seaside condominium located on Millionaire’s Row and developed by Multiplan Real Estate Asset Management, has announced that it has obtained a $58.5 million construction loan from Bank OZK, arranged by JLL Capital Markets.
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Artefacto Begins Construction on New DOMO-Designed U.S. Flagship In Coral Gables
Brazilian furnishings brand Artefacto has celebrated the groundbreaking of their new US flagship in Coral Gables located on the high traffic US1. The 45,000 SF bi-level structure will feature an eye-catching modernist design by the renowned DOMO Architecture + Design, with interiors by Patricia Anastassiadis.
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Lennar Locks Down $44.8 Million Construction Loan For Wynwood Green
Lennar has locked down a $44.8 million construction loan for Wynwood Green, an 11-story, 189-unit residential rental apartment building which will also feature 17,000 SF of commercial space and 324 parking spaces. The loan was provided by Santander Bank.
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Developers of The Ritz-Carlton Residences Sunny Isles Beach Pay Off $212 Million Construction Loan
Fortune International Group and Château Group, joint developers of The Ritz-Carlton Residences, Sunny Isles Beach, have paid off a $212 million construction loan on the newly opened condominium tower. The developers received the loan from Bank OZK in September 2016.
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Demolition Clears The Way For OKO Group And Cain International's Una Residences To Break Ground
An 11-story former condo building at 175 SE 25th Road, which was built in 1971 ,has been demolished, clearing the way for the highly-anticipated condo tower Una Residences to break ground in the near future. Una Residences is being developed by OKO Group, led by Vladislav Doronin, and Cain International.
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Midtown Miami's Most Amenitized Luxury Apartment Tower, Gio Midtown, Receives TCO
Gio Midtown has just received its Temporary Certificate of Occupancy (TCO) from Miami-Dade County. The 447-unit and 39-story tower, which was jointly developed by Magellan Development Group and institutional investors advised by J.P. Morgan Asset Management, began to welcome its first residents on April 15.
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