New Construction News

Housing starts top expectations in April

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

GID Residential expands to Georgia, Florida and Mid-Atlantic

The firm is the multifamily development platform of global real estate investor GID. 

NAR: Miami ranks No. 2 in US for pending home sale growth

Among the top 50 metro areas, Boston and Miami led the pack. 

NAHB: Builder confidence ticks up in May

Builder confidence saw a modest bump in May, but affordability challenges continue to weigh heavily on the housing market, according to new survey from the National Association of Home Builders. 

Ritz-Carlton Residences, Estero Bay, opens South Tower

The north and south towers will form the heart of the 500-acre Saltleaf on Estero Bay master-planned community south of Fort Myers. 

First new manufactured home community in Miami-Dade in decades set to begin sales

Cottage Grove will bring 349 homesites and numerous amenities to south Miami-Dade County, with prices starting at $129,900. 

Cipriani Residences hits 872 feet, becoming tallest residential tower south of NYC

The supertall luxury tower will eventually rise to 950 feet in the Brickell neighborhood. 

LA-based KB Home relocates to Arizona

KB’s new corporate home base in Maricopa County, located at the Hayden Ferry Lakeside business park, will preside over the company’s operations in 49 markets across the country.

Second Oasis Hallandale condo tower tops off

The 10-acre Oasis Hallandale mixed-use development is bringing a variety of residential, retail, office and lifestyle components to Hallandale Beach. 

SERHANT. names Tyler Cameron exclusive sales agent for Hutchinson Island development

Selling the 24 townhomes at the Ancora community represents the first new development project for the Amazon TV personality and Bachelorette contestant. 

Taylor Morrison to build two communities with 1,750 homes in Port St. Lucie’s Solaeris MPC

Esplanade at Solaeris will have 1,200 single-family homes, villas and condos, while Azure at Solaeris will have 552 single-family homes. 

Ritz-Carlton Residences, West Palm Beach lands $200M construction loan

Over 138 of the branded residences have already been sold. 

Philip Freedman to lead Compass’ sales of future Raleigh Rosewood Residences

Developed by Nahla Capital, the luxury branded condominium tower will bring about the redevelopment of the storied art deco Raleigh Hotel in Miami Beach.

STOCK Residences launches sales at The Park Residences at The Ritz-Carlton Residences

Closings in the sister communities of the Tower Residences and Bay Residences are slated to begin in the summer. 

Una Residences begins closings after receiving occupancy certificate

The ultra-luxury tower in Brickell is over 90% sold. 

Sales begin at Continuum 12000 Sport & Wellness Residences on Biscayne Bay

The 20-story luxury tower will bring 262 residences to market. 

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