New Construction News

Related Group and partners break ground on Fisher Island condos 

The 10-story tower will bring 50 condominiums to the final development site on Fisher Island. 

Vita at Grove Isle tops off 

The 65-condo development is located on Grove Isle, a 20-acre private island off Miami’s Coconut Grove neighborhood. 

New-home sales dip in August but beat expectations 

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

St. Regis Residences lands $527 million financing package 

The 50-story tower rising in Miami’s South Brickell neighborhood will offer 152 condominiums, over 60% of which are under contract. 

The Standard Residences, Midtown Miami, tops off 

The 12-story development will have 228 residences ranging from studios to two-bedroom units that can be leased out for terms as short as one month. 

Taylor Morrison to build at Astor Creek Golf & Country Club in Port St. Lucie 

The Arizona-based builder has secured 150 of the country club community’s 900 homesites and will join Kolter Homes in developing it. 

Construction begins on West Palm Beach workforce housing 

Affiliated Development recently secured a $50 million first mortgage on the 270-apartment community. 

ONE Sotheby’s International Realty to lead sales at Panther National 

The Palm Beach golf club community will feature homes priced from $4.5 million to $20 million. 

Sales begin at Hollywood condo tower 

Star Development Group is behind One Hollywood Residences, a 23-story tower with 248 condominiums. 

Multiplan kicks off sales at Surfside condos, starting at $5 million 

Located at 9317 Collins Ave., the project will offer two- to five-bedroom units ranging from 2,093 to 6,279 square feet.

Liberty City affordable-housing community opens 76-unit second phase 

Superior Manor Apartments’ second phase comprises two four-story buildings, which are located at 2349 NW 51st St. 

New-home sales jump in July 

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

Fortune Development names sales director for Okan Tower 

Jannine Sayago-Gonzalez will manage all sales efforts at the supertall, mixed-use tower going up in downtown Miami. 

Estate Companies closes $72.5 million loan for West Palm Beach development 

The community, Soleste Palm Station, will have 321 apartments in two eight-story buildings. 

Onda Residences in Bay Harbor Islands receives temporary occupancy permit 

Only three of the project’s condominiums, priced from about $5.1 million, are unsold.

Mast Capital, AEW complete Remi on the River apartment community 

The project will bring 342 luxury apartments to the Miami River District. 

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