Miami Beach’s Planning Board has plans to review a proposal for Cloud One Hotel on April 25th. The 91,230-square-foot venture would measure seven stories above grade and offer 238 rooms.
The Miami Beach Planning Board is scheduled to hear a proposal for a mixed-use project on March 26. Giller Tower would measure seven stories above grade, measuring more than 102,000 square feet.
Oak Row Equities has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily tower in Miami’s rapidly-maturing Edgewater submarket. This transaction is one of the largest mixed-used construction loans to close in South Florida in the past year. Newmark’s Dustin Stolly, Jordan Roeschlaub, Chris Kramer, and Daniel Matz arranged the financing. Remarkably, 50% of 2600 Biscayne’s office and retail space was pre-leased before breaking ground, marking it as one of Miami’s most pre-leased new construction office buildings.
Updated renderings and phased plans have been unveiled for Miami Riverbridge, a three-tower mixed-use development designed by Arquitectonica and developed by Hyatt Hotels Corporation and Miami’s Gencom set to redefine the 4-acre site at 400 Southeast 2nd Avenue along the Miami River. With a review by the Miami River Commission scheduled for March 4, this visionary project has captured the city’s imagination, signaling a major transformation for downtown Miami. Following a resounding endorsement from city voters in November 2022 for a lease amendment and development agreement for the property, the developers aim to breathe new life into the site, replacing the existing 615-room Hyatt Regency Miami hotel and the 4,500-seat James L. Knight Center dating back to 1982.
Jacksonville will soon be home to two hotels: an extended stay Everhome Suites and a Home2Suites by Hilton.
