The Allen Morris Company, headquartered in Coral Gables for nearly 20 years, has announced plans for Ponce Park Residences. The project will consist of 171-luxury residences with retail and restaurant space on the ground level. Most significantly, the project will create a ¾ acre open-air space with an urban park dedicated to the City of Coral Gables.
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First New Miami Building Breaks Ground in 2021
On Thursday, February 11th, Natiivo Miami - the first building purposefully designed, built and licensed for homesharing - officially broke ground in Downtown Miami. This event marked the first residential/hospitality groundbreaking post-pandemic and the first of 2021. The building, in the heart of Downtown Miami, is slated to top off in August 2022 and completion is projected for Q3 of 2023.
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The Estate Companies, Merrimac Ventures And Tricera Capital Secure $56 Million Construction Loan For Soleste Cityline Apartments
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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US Construction Launches Sales Of 1625 Ocean In Delray Beach
The New Jersey-based US Construction has launched sales at 1625 Ocean, an oceanfront boutique condo project planned at 1625 S Ocean Blvd. in Delray Beach. 1625 Ocean was designed by Randall Stofft and is located on 120' of beachfront.
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Coworking Provider Industrious Coming To The Dorsey In Wynwood
Coworking provider Industrious has signed a lease for 41,000 square feet at The Dorsey in Wynwood which will be their third location in the Miami area and eighth in Florida. Industrious expects the Wynwood location to open in 2022.
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Related Group Planning Baccarat Hotel & Residences At 444 Brickell
Related Group is reportedly planning to develop Baccarat Hotel & Residences at 444 Brickell. The project would feature three Baccarat-branded, Arquitectonica-designed residential towers on the Miami River where Related Group had previously planned a project known as One Brickell.
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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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160 Marina Bay Launches Sales On Fort Lauderdale's Intracoastal Waterway
Gold Krown Investments, LLC has launched 160 Marina Bay, an exclusive five-story condo development on Fort Lauderdale Intracoastal Waterway. 160 Marina Bay is located at 160 Isle of Venice Drive and will offer 16 luxury condominiums with east facing waterfront views.
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