KAR Properties and Fortune International Group have bought out the remaining 81 unit inventory at Reach and Rise Residences at Brickell City Centre, officially marking the sell out of the residential development. KAR Properties and Fortune International Group will be focusing on selling the recently purchased units with Fortune Development Sales leading these efforts.
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Florida Panthers Break Ground On $65 Million Fort Lauderdale War Memorial Revitalization
Not only are the Florida Panthers in a push for the Stanley Cup, the team has broken ground on their $65 million revitalization of the Fort Lauderdale War Memorial and Baptist Health IcePlex. The Panthers will update and renovate the Fort Lauderdale War Memorial Auditorium as well as build a new state-of-the-art practice and community ice facility.
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The Transit-Oriented Mixed-Use Development CORE Link at Douglas Launches Leasing
The transit-oriented CORE Link at Douglas, a new 312-unit mixed-use multifamily tower, has launched leasing at the intersection of Coconut Grove and Coral Gables. Slated to open in August at 3060 SW 37th Avenue, CORE will become the first tower to open at Link at Douglas.
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Aria Development Group Reveals Short-Term Rental Condo Tower 501 First In Downtown Miami
Aria Development Group has revealed plans and renderings for 501 First, a short-term rental positioned condo tower proposed in Downtown Miami. A building at 501 NE 1st Ave. that dates back to 1924 and previously served as the YotelPad sales center will be demolished.
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Related Group Breaks Ground On The Arquitectonica-Designed Solemar In Pompano Beach At 80% Sold
The Related Group, one of the premier real estate developers in South Florida, has broken ground on Solemar, a luxury beachside condominium in Pompano Beach. The project is now 80% sold after launching sales in September 2020.
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The Estate Companies Locks Down $76 Million Construction Loan For Soleste NoMi Beach In North Miami Beach
The Estate Companies, a subsidiary of Estate Investments Group (EIG), has locked down a $76 million construction loan for Soleste NoMi Beach apartments in North Miami Beach. The financing was provided by Bank OZK was arranged by Brian Gaswirth and Michael DiCosimo of JLL.
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The Kobi Karp-Designed Class-A Office The Gateway At Wynwood Powering Towards Completion
The Gateway at Wynwood, the newest Class-A office building in Wynwood’s emerging neighborhood and new office submarket, is powering towards completion in the second half of 2021 after topping off in December 2020 at 13-stories.
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Ian Bruce Eichner's Continuum Company Closes On Bay Harbor Waterfront Development Site, Plan September Sales Launch
Ian Bruce Eichner, developer of the Continuum South Beach, an iconic luxury condo tower in Miami Beach’s exclusive South of Fifth neighborhood, is back in South Florida with a new project involving two of the last large-scale vacant land parcels remaining in Bay Harbor Islands, Florida.
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The Piero Lissoni-designed Villa Collection at The Ritz-Carlton Residences, Miami Beach Now Over 70% Sold
The Piero Lissoni-designed Villa Collection at The Ritz-Carlton Residences, Miami Beach is now over 70% sold since sales launched on February 1, 2021. The sales represent 10 out of the 15 villas in the Collection with total sales volume over $68,390,000 for 10 the units under contract since sales launched February 1.
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Location Ventures Closes On South Beach Assemblage For $20 Million Where Co-Living Project Urbin Miami Beach Is Planned
The Coral Gables-based Location Ventures, led by Rishi Kapoor, has closed on the Washington Avenue assemblage where they have planned Urbin Retreat Miami Beach for $20 million. The acquisition was financed with at $14 million mortgage.
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