$100 Million Construction Loan Secured For Alhambra Parc At 33 Alhambra Circle In Coral Gables

MG Developer and Vertical Developments have secured a $100 million construction loan for Alhambra Parc, a mixed-use development planned at 33 Alhambra Circle in Coral Gables. Designed by Bellin & Pratt Architects, the project will bring 74 luxury residences, 13,000 square feet of office space, and nearly 18,000 square feet of retail space to a site near the center of the city’s downtown district.

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Atlantic Square Opens In Overtown As Miami-Dade County’s Largest Mixed-Income Transit-Oriented Development

Atlantic Square has officially opened at 777 NW 2nd Avenue in Miami’s Overtown neighborhood, marking the completion of what is being described as Miami-Dade County’s largest single-phase mixed-income transit-oriented development. Designed by Corwil Architects and developed through a partnership between Atlantic Pacific Companies, Greater Bethel AME, Palmetto Homes, GTIS Partners, and PNC Real Estate, the 36-story tower yields 616 apartments, including 320 workforce housing units and 40 affordable housing units, along with approximately 25,000 square feet of ground-floor retail and restaurant space.

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Construction Goes Vertical On 62-Story Bentley Residences In Sunny Isles Beach

Construction has gone vertical on Bentley Residences Miami, a 62-story luxury residential tower rising in Sunny Isles Beach. Designed by Sieger Suarez Architects in collaboration with Bentley Motors and developed by Dezer Development, the 716-foot-tall structure will yield 216 condominium residences with private in-unit sky garages accessed by the patented Dezervator vehicle elevator system. The tower will also include more than 20,000 square feet of amenity space, including a private restaurant by four-time James Beard Award-winning chef Todd English, wellness and fitness facilities, a cinema, whiskey bar, cigar lounge, beach club, and oceanfront pool deck. The beachfront property is located at 18401 Collins Avenue along the Atlantic Ocean, between Turnberry Ocean Club Residences to the north and Sahara Beach Club Condo to the south.

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