New Construction News

Douglas Elliman Development Marketing to lead sales at new Aventura community, Greenview at Presidential

Backers say Greenview is the first new luxury single-family estate community to open in the Aventura area in over 25 years. 

Formula One legend Barrichello buys unit in South Brickell’s Colette Residences for $7.95M

META Development expects to break ground on the boutique condo project this fall. 

New construction could mean lower insurance costs

Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.

Mattamy Homes US COO Chris Lindhorst to replace CEO Keith Bass on Sept. 1

Lindhorst joined Mattamy as COO in February after working at D.R. Horton for the previous 16 years.

Terra opens first phase of $1B Upland Park transit-oriented development

This phase delivered 578 apartments, with leasing and tenant move-ins now underway. 

Why new homes are no longer always more expensive than existing-homes

New builds are about the same price as existing homes on the market, but that is not due to rising regulatory costs builders have to pay.

Vertical construction begins on The Berkeley Palm Beach

West Palm Beach welcomes a new 25-story residential tower, The Berkeley Palm Beach, to the growing downtown landscape of Clear Lake.

New-home sales post upside surprise in June

The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates. 

13th Floor Investments secures financing for Link at Douglas’ final tower

The seven-acre transit-oriented development’s fourth and final residential tower, Crescendo, will be linked to Miami-Dade County’s Douglas Road Metrorail Station.

Toll Brothers begins selling at Saltgrass at Heron Bay in Parkland

The Broward County community has 52 homesites. 

Work underway at Bentley-branded tower with in-home garages in Sunny Isles Beach

Condominiums at the 62-story building are priced from $5.8 million. 

Robert Finvarb Companies launches sales at NoBe PARC Miami Beach

The 15-story project by Robert Finvarb Companies features furnished turnkey residences for short-term rental agreements, projected for completion in 2028.

Constellation Group and The Boschetti Group break ground on wellness-centered condos in Coral Gables

The community will seek certification through the WELL Building Institute and offer advanced air and water purification systems, noise-reducing acoustic design and non-toxic building and cleaning materials.

Market for new homes outperforms that of existing ones in April

The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

Related Ross breaks ground on Shorecrest in West Palm Beach

Related Ross recently broke ground on its Shorecrest waterfront condominium development in West Palm Beach.  

Housing starts top expectations in April

Despite a monthly decline, the rate of new-home construction still came in above consensus estimates. 

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