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The Kobi Karp-designed project includes two towers connected by a pedestal on Biscayne Boulevard. Around 15% of the apartments would be workforce housing.
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Florida Rock Properties and MRP Realty are proposing nearly 600 residential units across two apartment buildings to round out their Navy Yard waterfront site.
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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.
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Work began earlier this year on a $55M effort to revive the former Cabana Hotel as mixed-income multifamily housing.
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The biggest leases, sales and loans this week in New York City.
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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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The property sold at a foreclosure auction in November 2024 for $8.5M.
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The owners of a waterfront hotel in Broward face a foreclosure suit after defaulting on a multimillion-dollar loan.
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Sycamore Development has a deal in place to buy and renovate the 29-story Magnolia Building at a total cost of $200M.
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Deiso Moss and Cleary Interests are developing a 44-story Ritz-Carlton Hotel & Residences at 2120 Post Oak Blvd.
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