TSG Group Purchases Arts & Entertainment District Site For $5.9M

1765 North Miami Avenue

TSG Group has purchased a 30,000 square foot site at 1765 North Miami Avenue located in the Arts & Entertainment District for $5.9 million, according to The Real Deal.

The site will be used as a multifamily project and is zoned for up to 24 stories and 344 units.

Construction could break ground early 2020.

One Cocowalk Taking Shape As Construction Reaches 3rd Floor

One Cocowalk Construction

One Cocowalk Construction

Phase two of Cocowalk renovations are well underway as One Cocowalk reaches the third floor of construction before finally topping off at 5 stories.

Just two months ago, a crane was installed on the site and vertical construction was beginning.

A 7,500 square foot Los Generales Mezcal & Grill will be opening at the end of the year with a rooftop terrace and bar.

The completed Cocowalk will be finished first quarter 2020.

Previous construction photos of One Cocowalk can be viewed here.

TBT - "Scarface" Building On Ocean Drive Sells For $15M

728 Ocean Drive

TBT (March 19, 2015) - 4 years ago the building used in the movie Scarface was sold for $15 million. Demolition and renovation started on the building in April 2017 before finally being completed January 2018 and turned into a CVS.

The building that was used in the infamous chainsaw scene in the movie Scarface has sold for $15 million, according to the Real Deal. 

The property at 728 Ocean Drive and 6,500 square foot building was sold to New York based developers, Infinity Group. 

A Johnny Rockets restaurant operates from the ground level of the building. 

The building last sold for $8 million in 2011.

Four Seasons Private Residences Fort Lauderdale Construction Updates

Four Seasons Private Residences Fort Lauderdale

Four Seasons Private Residences Fort Lauderdale

Construction has started on the 22 story Four Seasons Private Residences Fort Lauderdale as foundation work continues before a future foundation pour.

The project will have 90 residential units and 130 hotel rooms. Residences will span from 780 to 6,000 square feet.

The building is being developed by Fort Partners and designed by Kobi Karp who also collaborated on The Surf Club Four Seasons Hotel and Residences in Surfside.

Construction on the Four Seasons Private Residences Fort Lauderdale is expected to be completed by the end of 2020.

1100 Unit Apartment Complex Planned For 2000 Biscayne

2000 Biscayne Rendering

Kushner Companies is under contract to purchase the 2000 Biscayne site and plan to build an 1100 unit apartment building, according to The Real Deal.

The 32,775 square foot site was recently sold for $13.1 million to Enrique Manhard in October 2018 after purchasing it from Verzasca Group. When Verzasca Group own the land, they demolished the City Hall restaurant on the site and had plans to build a 36 story rental building with 393 units.

Kushner plans on financing the $550 million three phase project. The first phase, with 400 units will break ground third quarter this year.

Elysee Reaches 28th Floor Of Construction

Elysee Construction

Elysee Construction

Elysee continues to rise quickly in Edgewater as the 57 story tower reaches the 28th floor of construction.

When we last looked at the building in December 2018, construction was on the 19th floor and the first glass was being installed. Elysee started going vertical in June 2018 after the foundation pour.

The parking garage is now starting to go vertical on the West side of the building.

Elysee is expected to be completed 2020.

Previous construction photos of Elysee can be viewed here.

Brickell Flatiron Construction Updates

The Top of Brickell Flatiron

The Top of Brickell Flatiron

Since topping off in February, the top of Brickell Flatiron is taking shape where the rooftop will have a pool, spa, yoga studio, gym and other amenities.

A year ago, construction reached the 28th floor and two years ago, construction was starting to go vertical.

Brickell Flatiron is expected to be completed this Summer.

Previous construction photos of Brickell Flatiron can be viewed here.