New Construction

Calta Group completes lot assemblage for second Revv project 

The mixed-use community, Revv at the River District, is the sister project to Revv Hollywood, which is also under development. 

ABH Developer Group pays $7.5 million for shovel-ready condo project in Bay Harbor Islands  

The project, Aire Residences, has already sold seven of eight luxury units. 

NRP Group breaks ground on The Riley in Fort Myers 

The project’s 275 units are in three four-story buildings at the intersection of Highway 41 and San Carlos Boulevard. 

Turnberry breaks ground on ONE Park Tower in North Miami 

The 33-story condo tower will offer 299 units, over 50% of which have been sold. 

Master permit issued for The Standard Residences, Midtown Miami  

The permit issuance follows news that the midrise condo project by Rosso Development, Standard International and Midtown Development secured a $45 million construction loan. 

December new-home sales jump 8%

Declining interest rates spurred the increase. 

Calta Group pours foundation for 180-unit Revv Hollywood project 

The apartment tower will stand eight stories at 2233 Hollywood Blvd. 

23-story, mixed-use project Grove Central opens in Coconut Grove 

The 402-unit tower is a public-private partnership between Terra, Grass River Property and Miami-Dade County. 

JPMREIT acquires first tranche of BTR townhomes in Venice 

The real estate income trust is purchasing the 126-unit entire community, called Fiore, for $45.4 million.  

Leasing begins for The Julia Residences in Allapattah  

Neology Development is building the $100 million, 323-unit tower. 

T.D. Jakes, New Urban to build two affordable-housing communities in South Florida 

In a partnership with New Urban Development, T.D. Jakes Real Estate Ventures will build a mixed-income community in Hallandale Beach and a senior-living project in Miami Gardens. 

Vita at Grove Isle boutique condo project lands $239 million construction loan  

Construction of the 65-condominium development by Ugo Colombo’s CMC Group is already underway, with an expected 2025 completion. 

13-townhome enclave coming to Coral Gables’ Biltmore Square 

MG Developer recently landed $10 million in financing to purchase the land where it will build the new component, to be called The George. 

Miami condo-hotel secures $24.5 million construction loan 

Visions at Brickell Station will offer 111 condo-hotel units starting at $500,000. 

GL Homes begins pre-construction sales at newest 55-plus community at Riverland  

The new Port St. Lucie community will consist of 1,365 single-story homes priced from the low $400,000s to the $700,000s. 

Wolfson Development, Lennar embark on 304-townhome BTR project in Fort Myers

The community, North Forum Reserve, is the second of several projects Wolfson Development and Lennar have in the works.

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