The Estate Companies, Merrimac Ventures and Tricera Capital have secured a $56 million construction loan for Soleste Cityline, a multifamily development planned in Dania Beach. The loan was provided by Synovus Bank and the development partnership plans to break ground by the end of Q1 2021.
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Brad Meltzer Named Chairman And CEO of Plaza Construction
Brad Meltzer has been named Chairman and CEO of the New York-based Plaza Construction as long time Chairman and CEO Richard Wood has officially retired. Meltzer is prompted from President and Christopher Mills has been promoted from COO to President.
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Terra And New Valley Break Ground On Natura Gardens Multifamily Development In Northwest Miami-Dade
Terra and New Valley have broken ground on Natura Gardens, a 27-acre multifamily development encompassing 460 garden-style rental apartments. The news comes approximately one year after the partnership finalized the purchase of a 72-acre development site in northwest Miami-Dade.
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LA CLARA Locks Down $110 Million In Construction Financing In West Palm Beach
Great Gulf and Terrace Mountain Investors have obtained $110 million in construction financing from Bank OZK for LA CLARA, a 25-story, 83 unit condo tower under construction in West Palm Beach. Sales have reportedly eclipsed 50% and over $100 million including an $8.9 million penthouse.
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Monaco Yacht Club & Residences Drops Anchor To Celebrate Topping Off On Miami Beach
Monaco Yacht Club & Residences has topped off at 12-stories on Miami Beach after breaking ground February 2020. The milestone was celebrated by developer Optimum Asset Management USA, the exclusive sales broker Fortune Development Sales, and the general contractor Moss Construction. The project is slated for delivery at the end of 2021.
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The Piero Lissoni Villa Collection At The Ritz-Carlton Residences Breaks Ground And Launches Sales
The Piero Lissoni Villa Collection at The Ritz-Carlton Residences in Miami Beach has just broken ground and launched sales. The world-famous Italian architect has teamed up with 4701 North Meridian LLC who will develop the residences and GFI Development company will be the development manager. The Residences will be ultra-luxurious single-family waterfront homes with dockage.
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The Estate Companies Gearing Up To Break Ground On Soleste NoMi Beach In North Miami Beach
The Estate Companies, a subsidiary of Estate Investments Group (EIG), is gearing up to break ground on Soleste NoMi Beach in North Miami Beach. The project, which is located at 16395 Biscayne Blvd., will feature 367 apartment units.
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The Kobi Karp-Designed Four Seasons Hotel And Private Residences Fort Lauderdale Tops Off Over 70% Sold
Four Seasons Hotel and Private Residences Fort Lauderdale has officially topped off, with the tower reaching its full height of 22 stories. Developed by prominent Miami-based development firm Fort Partners, Four Seasons Fort Lauderdale offers a combination of five-star service, luxurious design and homes with unobstructed waterfront views.
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Aman Miami Wins Approval For Versailles Hotel Restoration In Miami Beach’s Faena District
The Miami Beach Historical Preservation Board approved the Aman Miami development by OKO Group’s plan for the restoration of the historic Versailles Hotel. This a big step forward for the art deco building in Miami Beach’s Faena District. Aman Miami will consists of 56 hotel rooms within the restored Versailles Hotel along with 23 boutique residences located in a new tower next door.
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Quadrum Global Breaks Ground On The NBWW-Designed Arlo Wynwood Hotel
Arlo Wynwood has become the first hotel in Wynwood to break ground. The project is expected to cost $29.6 million and construction will be overseen by Plaza Construction. When complete the hotel will feature 217 pod-style hotel rooms and rise 9-stories with 141,758 square feet of total development.
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