Development News

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Development News
Former Los Angeles Dodgers-star Alex Guerrero has listed his newly built, waterfront North Bay Road estate for $75 million with Lourdes Alatriste of Douglas Elliman. One of the most architecturally ambitious and design-forward homes in Miami Beach — the iconic estate is located at 3100 North Bay Road, located on the prestigious Millionaire’s Row.
Ytech has revealed plans for 'Seven Broadway,' a luxurious residential tower set to rise in Miami's vibrant Brickell neighborhood. Designed by the renowned architecture firm Kohn Pedersen Fox (KPF), this ambitious project is slated for a prime location at 75 and 41 Southwest 15th Road.
Fort Lauderdale is witnessing an extraordinary transformation with the launch of the sales gallery for the St. Regis Resort & Residences, Bahia Mar, an ambitious $2 billion development that promises to redefine luxury living in South Florida.
In a groundbreaking collaboration that blends world-class art with luxury real estate, five exclusive works by internationally acclaimed photographer David Yarrow will take center stage at the newly unveiled sales gallery for The Avenue—Naples’ most anticipated mixed-use development.
4TRO Development and Kastelo Development have launched Casa Avenida, an exclusive, four-story townhome community in the heart of Delray Beach. Located at 102 SE 5th Avenue, this boutique collection of just eight private residences, ranging from 2,804 to 3,336 square feet, blends modern architecture with contemporary design.
Germany-based lifestyle hotel brand The Cloud One Hotels has launched sales at The Cloud One Hotel & Residences Wynwood, introducing high-quality condominium homes with à-la-carte hotel services for the first time to Wynwood.
Leading real estate developers Related Group and Merrimac Ventures, alongside hospitality leader Hilton (NYSE: HLT), have closed on $160 million in construction financing from Bank OZK for Waldorf Astoria Residences Pompano Beach (The Residences).
Fortune International Group and Blue Road have officially topped off Nexo Residences, marking a significant construction milestone for the 16-story short-term rental condominium in the rapidly evolving city of North Miami Beach.
Naftali Group, a national real estate development and investment firm, has completed the foundation pour for JEM Private Residences Miami. The 8,400-cubic yard pour began May 30th and was expected to last approximately 18 hours and requiring 120 trucks.
The Melo Group has acquired 2.83 acres of premium land from Swire Properties at 700-799 Brickell Avenue, strategically located next to Brickell City Centre, Miami’s premier shopping and culinary destination.
FAENA Residences Miami is set to launch sales later this month starting at $1.3 million and has revealed new renderings highlighting the ultra-luxury plans for the groundbreaking residential project aimed at redefining riverfront living in the city. FAENA Residences Miami not only marks a significant milestone for the Faena brand but also catalyzes the transformation of the Miami Riverfront.
Marking a significant milestone for one of Miami’s most anticipated residential towers, Villa Miami completed its concrete foundation pour on May 9. Moss Construction led the 14-hour pour that involved more than 3,400 cubic yards of concrete and 2,095 tons of steel to form the tower’s foundation, further accelerating momentum on the 650-foot waterfront landmark
Sabal Development and Sabal Luxury Builder, led by Pascal Nicolai, have revealed their newly listed tropical modern spec home asking asking $24,900,000 in the hot of Miami’s hot Coconut Grove neighborhood.
The Allen Morris Company has revealed the lavish, newly opened sales gallery for Ponce Park Residences, an ultra-luxury condominium coming to Downtown Coral Gables. The sales gallery highlights the incredible Meyer Davis-designed interiors, offering prospective buyers an exclusive look at the residences and amenities.
After nearly two decades of planning and development, Miami Worldcenter is set to host its official Grand Opening this week as the $6 billion, 27-acre mega-development continues Downtown Miami’s transformation into a vibrant, walkable destination where Miami lives, shops, dines, and plays.
The Residences at Mandarin Oriental, Miami, being developed by Swire Properties and designed by Kohn Pedersen Fox, has hit $1 billion in sales, with the South Tower now 50% sold, after launching sales last year.
Leading developer Related Group (Related), in partnership with legendary Italian design house Pininfarina, today celebrated the groundbreaking for Andare Residences Design by Pininfarina (Andare). Following strong deal momentum, including the record-breaking sale of its first penthouse, Andare is now over 50% sold.
Celestial Fund, under the leadership of Founder and CEO Eugene Rutenberg, has closed on a $35 million bespoke debt package, structured for the recapitalization and refinancing of an exceptional three-property Spec Home portfolio, developed by Cicardo Development — a premier merchant builder based in South Florida.
ABH Developer Group, led by Alexis Bogomolni and Valentín Martínez Carbonell, from Maca Group, continues to shape Bay Harbor’s luxury real estate market with the near sellout of Aire Residences and the unveiling of its next development: Aire Residences Boutique.
Prosper Group and Forte Development have unveiled plans for an ambitious 80-story mixed-use tower designed by ODP Architects at 1040 South Miami Avenue. This striking development, set to rise 945 feet above the skyline, will blend residential, hotel, and retail spaces into a dynamic urban hub.
Hollywood Moon, a boutique residential offering by next-generation real estate development firm Unilog Group, is poised to redefine oceanfront living in the heart of Hollywood Beach. Introducing a limited collection of 48 thoughtfully crafted residences ranging from one- to three-bedrooms, Hollywood Moon delivers an elevated blend of design, serenity, and modern coastal sophistication.
Rosso Development, Standard International and Midtown Development have revealed a first look at Sushi Garage’s upcoming outpost at the highly anticipated The Standard Residences, Midtown Miami. Created by the acclaimed Juvia Group, founded by Jonas and Alexandra Millán, Sushi Garage brings a modern twist to traditional Japanese cuisine in an elevated, neighborhood-style setting.
Continuum Company, a real estate development firm with offices in NYC and Miami, has closed on a $25 million pre-development loan for the Continuum Club & Residences, a planned 32-story luxury condominium development located at 1755 John F. Kennedy Causeway in North Bay Village, Florida.
Related Ross has revealed that Shorecrest, a collection of distinctive waterfront condominium residences located on North Flagler Drive, will feature exclusive fitness and wellness amenities and programming meticulously designed and curated in partnership with high-performance luxury lifestyle and fitness leader, Equinox.
National developer PMG has secured $413 million in construction financing for One Twenty Brickell Residences, a dual-tower luxury mixed-use condominium and rental development rising in the heart of Brickell. The loan covers financing for the condominium, multifamily, commercial, and parking components of the property.
The Kobi Karp-designed OPUS Coconut Grove luxury boutique condo has launched in the heart of Miami’s Coconut Grove neighborhood. Featuring only 14 luxurious condos,12 residences and 2 penthouses, the luxury development will offer 3- and 4-bedroom layouts, starting at $2.5 million.
National developer PMG and LNDMRK Development are launching Twenty Sixth & 2nd Wynwood Residences, an eight-story, 233-residence luxury condo building that will rise as the first luxury condo residences with deeded office suites partnered with Airbnb.*
PROFILEmiami had the exclusive opportunity to join Isaac Toledano, Founder of BH Group, to learn how he has built his development firm into a thriving enterprise in the highly competitive South Florida market.
Ronny Finvarb’s Finvarb Group has secured a $19 million construction loan for a 12-unit residential mixed-use project at 1790 Alton Road in Miami Beach. The financing, provided by Amerant Bank, will support a five-story building which will also feature two restaurants on the first two floors.
The Perigon, an ultra-luxury new condo seated on two acres of prime beachfront in Miami Beach, has officially completed the first hydrostatic concrete slab pour for the property, having flowed continuously for approximately 9 hours.