Driftwood Capital, MV Real Estate Holdings, and Merrimac Ventures have closed on a $145 million construction loan from Centennial Bank for Riverside Wharf, a nine-story, two-tower hospitality and entertainment development rising at 114 Southwest North River Drive along the Miami River in Downtown Miami. The $350 million project is designed by Jon Cardello of CUBE 3 Architects, with Gensler completing the construction documents and ICRAVE leading the interiors. Moss Construction is serving as general contractor.

A New York-based developer has plans for what could be the tallest building in Fort Lauderdale – exceeding the city’s tallest building by 146 feet. Here’s what could be in store.

Construction is nearing completion on Casa Vanda and the Marea Collection, two waterfront residential developments by Miami-based Sunland Group in the Belmar and Belle Meade neighborhoods of Miami’s Upper East Side. The projects comprise five single-family homes, including the three-story Casa Vanda at 1155 NE 89th Street and four residences within the Marea Collection at 7707, 7711, 7717, and 7725 NE 8th Avenue. Several homes are expected to be completed in early 2027.

Plans have been filed for two residential towers rising 25 and 20 stories at the Magic City Innovation District in Miami’s Little Haiti neighborhood. The proposed development would occupy a combined 1.8-acre site at 225 and 275 NE 60th Street, bringing 553 rental apartments, ground-floor retail space, and structured parking to the nearly 18-acre mixed-use district. Plaza Equity Partners and Dragon Global, led by Bob Zangrillo, are developing the project, with Arquitectonica serving as the architect. The proposal was scheduled for review by Miami’s Urban Development Review Board on October 21, 2026.