Brickell

Forman Capital Funds $54.56 Million Construction Loan for Condominium-Hotel Development in Miami’s Financial District

8:00 am on April 9, 2024 By Oscar Nunez

Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, provided a $54.56 million construction loan to the developer of a condominium-hotel project in Miami’s Brickell Financial District. The 12-story, 172-unit Domus Brickell Park, designed by Zyscovich Architects with Urban Robot Associates as the interior designer, will bring a new condo-hotel brand, Domus FLATS (Flexible Apartments for Temporary Stays), to the market and fill a void for flexible ownership product.

Aria Development Group, Largo, And Place Projects Announce Groundbreaking Of 2200 Brickell

8:00 am on March 21, 2024 By Oscar Nunez

Aria Development Group, Largo, and Place Projects have announced the official groundbreaking of 2200 Brickell, a luxury 5-story residential development at 2200 Brickell Avenue in the heart of Miami’s Brickell neighborhood. Designed by Revuelta Architecture International, with interiors by the award-winning team at ODA New York, this building will offer 105 condominiums and garden villas. These range from one to four bedrooms and span 1,200 to 2,100 square feet. Ortega Construction Company is the general contractor, with completion slated for 2026.

JDS Development Partners With Mercedes-Benz for Branded 67-Story Condo Tower in Brickell, Miami

8:00 am on February 27, 2024 By Oscar Nunez

Merely two months following the grand reveal of its first foray into real estate in Dubai, Mercedes-Benz is now casting its visionary blueprint across the shores of the United States. Miami, a city synonymous with a vibrant tapestry of culture, iconic sandy stretches, and an ever-evolving skyline, is poised to embrace a significant new landmark. In an ambitious leap, Mercedes-Benz Places Miami emerges at the forefront of architectural innovation, a 67-story edifice perched at 1 Southside Park within the pulsating heart of Brickell. This initiative heralds a collaborative genius between the esteemed JDS Development Group and the illustrious automotive giant Mercedes-Benz. Together, they are sculpting a future where luxury living transcends conventional bounds, ushering in a new era of urban elegance and a commitment to sustainability that seeks to redefine the architectural and environmental paradigms of Brickell.

Brickell’s Tallest Tower, Cipriani Residences Miami, Breaks Ground At 1420 South Miami Avenue

8:00 am on February 26, 2024 By Oscar Nunez

Moss Construction marked a pivotal moment in the transformation of Brickell’s skyline with the groundbreaking of Mast Capital’s Cipriani Residences Miami on February 13. This event heralds the rise of what is set to become Brickell’s tallest edifice, reaching an impressive height of 950 feet above ground level. Designed by the esteemed Arquitectonica with interiors by 1508 London., the development will tower over 1420 South Miami Avenue as an 84-story, nautical-inspired skyscraper. It is slated to house a collection of 397 residences featuring lavish penthouses complete with private pools.

40-Story ‘Santander Tower’ Planned For 1401 Brickell Avenue In Miami’s Financial District

8:00 am on February 16, 2024 By Oscar Nunez

On February 21, Miami’s Urban Development Review Board is scheduled to review the filed plans for Santander Tower, a visionary project at 1401 Brickell Avenue in the Brickell financial district. This 40-story office building, targeting LEED Platinum certification, is designed to redefine Miami’s skyline and urban experience. The development, designed by Handel Architects from New York with structural engineering by DeSimone Consulting Engineers and interior design by Bernardi + Peschard Arquitectos, aims to introduce 612,918 square feet of premium Class A office space. Developed by Services and Promotions LLC, an affiliate of Santander Bank, with project management and advisement by the Rilea Group, the tower aspires to a commanding presence at 765 feet above ground and 778 feet above sea level. Its redevelopment plan includes office spaces and extensive retail and food/beverage activation areas across the ground and upper podium levels, emphasizing ground-level engagement and vibrant streetscapes. Cosentini Associates is the MEPFP engineer, Langan is the civil and geotechnical engineer, Rios is the landscape architect with LandDesign as the landscape architect of record, and Socotec is the building envelope consultant.

Record-Breaking $600 Million Loan Secured For 80-Story Cipriani Residences Miami Ahead Of Groundbreaking

8:00 am on February 9, 2024 By Oscar Nunez

Mast Capital, a Miami-based real estate developer, is gearing up to begin construction on Cipriani Residences Miami following robust sales activity. The developer has secured a record-breaking construction loan of $600 million from Mexico’s Banco Inbursa and Ascendant Capital Partners, the largest amount ever obtained for a single-tower residential construction in Florida. The considerable loan, consisting of $350 million from Banco Inbursa and $250 million from Ascendant Capital Partners, highlights the strong market confidence in the project, driven by its sought-after design, amenity offering, and prime location in the Brickell neighborhood.

Updated Plans Filed For ‘Calle 8’ In Brickell, Gets Height Boost To 856 Feet Above Ground Across 65 Stories

8:00 am on January 22, 2024 By Oscar Nunez

Miami-Dade County planners have been presented with updated plans for Calle 8, a mixed-use development proposed for 190 Southwest 8th Street in Brickell, innovatively designed by BMA Architects and developed by Millennium Developments of Brickell LLC, an affiliate of Aston Martin Residences developer G&G Business Developments. The January 17th filing represents a significant change from its initial proposal, aiming to transform a 0.92-acre parcel of land along Southwest 2nd Avenue, between Southwest 8th and 9th Streets, into a dynamic vertical urban hub.

Construction Permit Application Filed For 61-Story ‘Brickell Gateway’ At 90 SW 8th Street In Brickell

8:00 am on January 16, 2024 By Oscar Nunez

A construction permit application for the 61-story Brickell Gateway, a mixed-use development located at 90 Southwest 8th Street, has been submitted to Miami-Dade County. Designed by Corwil Architects and developed through a joint venture between Gazit Horizons and Atlantic Pacific Companies, this project is among the first to advance to the construction permitting phase under Miami-Dade County’s Rapid Transit Zoning scheme. This initiative encourages higher-density construction in proximity to mass transit hubs.

Ytech Commences Demolition of Site For The Residences at 1428 Brickell

8:00 am on January 11, 2024 By Oscar Nunez

Miami-based real estate development firm Ytech has begun the demolition of the existing structure at 1428 Brickell Avenue, marking the first step in the development of the 70-story luxury high-rise condominium, The Residences at 1428 Brickell. Ytech, having acquired this now-vacant property in January 2017, is replacing what was once a 100,000-square-foot office space. The demolition is being conducted by John Moriarty & Associates (JMA), a renowned construction team. This pivotal step in the project, which features design by Arquitectonica, interiors by ACPV Architects, and landscaping by Arquitectonica GEO, is significant in realizing The Residences at 1428 Brickell. This development adds to Ytech’s momentum in the real estate sector following the recent approval of 75 Broadway by Miami’s Planning & Zoning department.

Urban Network Capital Group & Vertical Developments Secure $24.5M Construction Loan for Visions at Brickell Station

8:00 am on December 23, 2023 By Oscar Nunez

Miami-based developer Urban Network Capital Group (UNCG), in partnership with Vertical Developments, has secured a $24.5 million construction loan from Rok Lending for the Visions at Brickell Station development. This wellness-forward condo-hotel project, designed by DTI Architects with interiors by Concepto Taller de Arquitectura, is located in Miami’s Brickell neighborhood. With over 50 percent sold, this project is on track for its expected completion in 2025.

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