Harvey Hernandez’s Newgard Development’s NGD Homesharing and Russell Galbut’s Crescent Heights have proposed Natiivo, a 48-story tower planned in Downtown Miami next to Miami WorldCenter. The project, which is designed by Arquitectonica with interiors by Urban Robot, will be “powered by AirBNB” and will feature units specially designed to operate short term rentals.
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Okan Tower Releases First Interior Renderings With Groundbreaking Planned For Late 2019
Turkish developer Okan Group has released the first interior renderings of the Behar Font & Partners-designed Okan Tower in Downtown Miami. The tower is expected to break ground later this year and will rise 70-stories when complete, over 890’.
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Avra Jain To Break Ground On 555 River House In January 2020
Avra Jain is planning to break ground on the Carlos Zapata and O’Donnell Dannwolf and Partners-designed 555 River House in January 2020. Located on the Miami River, River House will be a mixed-use development with 39 luxury condos, a 175-key hotel, 120,000 SF of office space and 36,650 SF of commercial space.
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Sunset Place Redevelopment Proposal Finally Gets Approved By South Miami
Nearly two years after the South Miami voted against the redevelopment of Sunset Place, the city has now approved the proposal after a special commission meeting where the South Miami City Commission voted unanimously to approve ordinances that allow will give the go-ahead to the developers to revitalize the aging mall.
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Bill Thompson, Nadim Ashi, Tom Murphy, Tom C. & Sean Murphy, & Ramzi Achi
Four Seasons Hotel & Private Residences Fort Lauderdale Tabs Coastal Construction As General Contractor
Following the announcement that Four Seasons Hotel and Private Residences Fort Lauderdale is more than 50% sold, Miami-based development company Fort Partners celebrated the success and progress of the luxury development at an exclusive luncheon announcing their selection of Florida-based construction company Coastal Construction as the general contractor for the project.
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Check Out The Newly Revealed Renderings Of The RTKL-Designed Plaza Coral Gables
New renderings have been revealed of Plaza Coral Gables, the largest project to ever be built in Coral Gables, valued at over $600 million. Construction on the project, which was formerly proposed as Mediterranean Village by developer Ralph Sanchez, is currently underway after Phase 1 broke ground in Summer 2018.
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Miami Beach's Historic Seymour Hotel Designed By B. Kingston Hall Has Sold For $2.2 Million
Miami Beach’s historic Seymour Hotel has sold for $2.2 million after being on the market for 5 weeks with a closing in just 30 days. Designed by famed art deco Architect B. Kingston Hall in 1936, the tropical art deco building features 17 rooms, 12,414 SF total, and is in the center of the nation’s only historic district composed entirely of twentieth-century structures.
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YOTELPAD Miami Reaches 50% Sold Six Months After Launching Sales In Downtown Miami
Aria Development Group, a New York and Miami-based real estate investment and development company, along with joint venture partner, AQARAT, one of Kuwait's leading real estate companies, has announced that YOTELPAD Miami is now 50% sold just six months after launching sales in June 2018.
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PMG, Greybrook Realty Partners & S2 Development Lock Down $33 Million Pre-Construction Loan For Waldorf Astoria Hotel & Residences
Property Markets Group, Greybrook Realty Partners and S2 Development have locked down a $33 million pre-construction loan which will be financed by the Miami-based BridgeInvest. The financing will be used to obtain final permits and approvals as well as market the property and launch sales of the residential luxury condominium component.
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Related Group Sells SLS Brickell Hotel For $43 Million
The Related Group has sold the hotel component of SLS Brickell for $43 million to an entity managed by Francois Faber of Fiduciaire Fernand Faber, who has also signed an agreement with SBE for the continued management of the property.
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