Miami-based real estate development and construction firm Cymbal DLT Companies has secured a $95 million loan from an undisclosed senior lender and from Related Fund Management for Oasis Pointe Residences, a multifamily complex in Dania Beach that they recently developed and will now continue to be part of the Cymbal DLT Collection of communities in South Florida.
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The Ritz-Carlton Residences, Estero Bay Hits $240 Million In Sales
The Ritz-Carlton Residences, Estero Bay sales velocity has continued to propel through the month of April, achieving $240 million in sales to date, as it sails toward the next benchmark of beginning construction this summer. The property, led by visionary London Bay Development Group, will feature 224 distinguished residences within two elegant 22-story towers on nearly a mile of waterfront. With purchases now under contract, this surge of activity is the result of interest from buyers drawn to the rare opportunity to live among nature, on the shore of the thriving Estero Bay aquatic preserve.
Read MoreSwire Properties and Related Companies Commence Demolition On Future Site of One Brickell City Centre Supertall Office Tower
Swire Properties Inc. and Related Companies have commenced demolition on the site of the future One Brickell City Centre, an approximately 1,000-foot supertall tower that will be the tallest commercial building in Florida. On Thursday May 4 one of the buildings on the site was partially demolished with Miami Mayor Francis X. Suarez, Henry Bott, the President of Swire Properties and Stephen M. Ross, the Chairman and Founder of Related Companies in attendance.
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The Ritz-Carlton Residences, Naples Reaches 50% Pre-Construction Sell-Out With $250 Million in Sales in 90 Days
The Ritz-Carlton Residences, Naples, one of the most widely-anticipated signature enclave to be unveiled along Florida’s Gulf Coast, is now 50% sold with half of the project’s residences now under contract, realized in about three months since the official January 2023 launch. The Ritz-Carlton Residences, Naples is being developed by Naples-based STOCK Residences, the luxury condominium division of STOCK Development.
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Newgard Development Group Partners With YUPIX To Bring Immersive Meta-Reality Tours to LOFTY Brickell
Forward-thinking real estate developer Newgard Development Group continues to innovate and enhance the luxury residential preconstruction experience. In the latest example, Newgard is partnering with immersive technology platform YUPIX to offer meta-reality tours of its LOFTY Brickell. LOFTY is a 44-story waterfront luxury condominium high-rise under development on the Miami River in the heart of Miami’s financial district.
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Tibor Hollo and Family Celebrate Grand Opening Of 'Tibor and Sheila Hollo Park" in Brickell
Tibor and Sheila Hollo have celebrated the opening of the coveted 35,500 square foot park that so many urban Miamians have grown to love and enjoy with their families. Located at 1814 Brickell Avenue, the heavily landscaped park includes enhanced playground equipment, shade structures, beautiful views, decorative fencing, modern lighting, meditation benches, and a dog park.
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The Perigon Reveals Exclusive $37 Million Ultra-Lavish Penthouse West In Miami Beach
Miami Beach’s most anticipated oceanfront condominium towers, The Perignon, designed by OMA, has revealed its crowned jewel Penthouse West, an exceptional new listing priced at $37 million offering panoramic views of the Miami skyline, Biscayne Bay and the Atlantic Ocean. The two-story penthouse features gracious interiors offering uninterrupted ocean views as well as sweeping outdoor spaces, represents Miami Beach’s highest level of luxury coastal living.
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Image via Blue Water Drones
Merrimac Ventures and BH3 Management Join Forces For New Development on Watson Island
BH3 Management and Merrimac Ventures, two of South Florida’s leading development firms, have teamed up to execute the City of Miami’s long-held vision of a thriving destination on Watson Island. The joint venture will draw upon their deep local roots and collective expertise to bring to life 10.7 acres of land on the island, which is one of the most vital properties in South Florida, situated along Biscayne Bay midway between Downtown Miami and Miami Beach.
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Nation's Largest Women's Shelter 'Lotus House' Breaks Ground On Children's Village In Miami's Overtown Neighborhood With $1 Million Gift From Gisele Bündchen
Lotus House, the nation’s largest women’s shelter, has broken ground on their new Children’s Village that will advance the nonprofit’s mission of ending, and preventing, homelessness. Centered on the educational, wellness, and special needs of children and youth, the five-story facility will expand Lotus House’s reach into the surrounding community, complementing the organization’s 500-bed shelter, Lotus Village, located directly across the street.
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Ugo Colombo's CMC Group Breaks Ground On Ultra-Luxury 'Vita at Grove Isle' in Coconut Grove
One of Miami’s most renowned luxury developers, Ugo Colombo of CMC Group, has broken ground on Vita at Grove Isle, set to be his most sophisticated residential development to date. The ultra-luxe boutique condominium is located on the exclusive Grove Isle, a 20-acre gated private island situated just offshore of the city’s trending Coconut Grove neighborhood. The seven-story development, which is being built on the island’s last remaining waterfront parcel.
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