Miami developer Sam F. Sami of Saba Group has proposed his second condo building in Bay Harbor Islands. The pair of islands between Miami and Bal Harbour has attracted many mid-rise condo projects. According to CraneSpotters.com, there are 36 condo projects with a combined 1,663 units in the pipeline in the Bay Harbor Islands/Bal Harbour/Surfside market. In November 2015, Sami’s company received approval for the 45-unit ParisA at 1145, 1155 and 1167 100th Street. That project has... [read more]

  Kolter Group held the ground breaking for 100 Las Olas, a mixed-use tower that would be the tallest building in Fort Lauderdale. The building will rise 499 feet in 46 stories. It will have 121 condos and 238 rooms in a Hyatt Centric hotel. Condo prices start in the $800,000s to over $2 million with sizes from 1,501 to 2,964 square feet. The project at 100 E. Las Olas Blvd. will also have 8,500 square feet of restaurants and retail on the ground floor, plus separate pool decks... [read more]

Expect to see plenty of grand openings at apartment communities across South Florida this year. Thousands of units under construction for the past two years are scheduled to hit the market in the coming months, giving weary renters more choices, though landlords are still likely to be calling the shots on price, analysts say. Developers this year are due to complete 15,551 units in Palm Beach, Broward and Miami-Dade counties — a 48 percent jump from 2016 and a 62 percent hike from... [read more]

  Real Estate developer Jeff Greene scored the city’s approval to build micro units at his proposed West Palm Beach development. The Downtown Action Committee gave the green light for units sized between 300 square feet and 549 square feet, smaller than the city’s 550-square-foot minimum for apartments, the Palm Beach Post reported. Greene’s project, a 348-unit building, will have one parking space for every two micro apartments. The board’s approval... [read more]

  An investment group has stepped forward to acquire the stalled H3 Hollywood Condominium project out of foreclosure and aims to resume construction. Vivian Dimond said she is the managing partner of a group of investors that purchased the $7 million first mortgage on the property and has also struck a deal with LB Construction to take title to the partially-completed building at 2165 Van Buren Street. Dimond, who is also a broker with Brown Harris Stevens Avatar in Miami, said... [read more]