Florida Gov. Ron DeSantis has been attempting to curb the company's control of the land around its Walt Disney World theme park.
The developer acquired the property in December for $632.5M in December, ending a yearlong ownership tussle between SL Green and Ashekenazy.
The firm has tapped Foster + Partners to design the project.
Woodvale is now embarking on raising another $60M opportunistic fund.
The Kobi Karp-designed project includes two towers connected by a pedestal on Biscayne Boulevard. Around 15% of the apartments would be workforce housing.
Florida Rock Properties and MRP Realty are proposing nearly 600 residential units across two apartment buildings to round out their Navy Yard waterfront site.
A pair of adaptive-reuse projects could help fill the region’s need for high-end offerings, but the pipeline is expected to reduce the overall occupancy rate.
Work began earlier this year on a $55M effort to revive the former Cabana Hotel as mixed-income multifamily housing.
The biggest leases, sales and loans this week in New York City.
A new hotel and 90-unit apartment building are planned at Hood Park, the redevelopment of a former Charlestown dairy plant.
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