400 Biscayne Secures $161.5M Construction Loan

400 Biscayne Site

400 Biscayne Site

400 Biscayne has secured a $161.5 million construction loan for the 49 story tower in Downtown Miami, according to The Miami Herald.

Developed by Property Markets Group and Greybrook Realty Partners, 400 Biscayne had the groundbreaking in June.

400 Biscayne will have 646 rental apartments and 51,000 square feet of commercial space.

TBT - Regatta Park Set To Open Soon

Regatta Park in Coconut Grove

Regatta Park in Coconut Grove

TBT (September 10, 2015) - 4 years ago, Regatta Park was set to open in Coconut Grove. The site was the location of the Expo Center that was demolished to make way for the park.

Regatta Park was initially supposed to be open on September 7, Labor Day, but the park is almost completed and should be ready for the public in the next few weeks. 

The three story Dockmaster building is already open and offers great views of Biscayne Bay, Downtown Miami and Coconut Grove from the top floor of the building. The old Dockmaster building, which used to be apart of Pan-Am is going to be demolished in the next week or so. The next phase for Regatta Park will be the revamp of the parking lot adjacent to the park on the East side.

Previous photos of Regatta Park can be seen here. Demolition photos of the Expo Center can be seen here at the Coconut Grove Grapevine.

Update: The Grand Opening of the park is Saturday, September 26 starting at 11am

Midtown 6 Construction Progress Updates

The 32 story Midtown 6 is getting closer to completion since topping off at the beginning of the year.

Construction began on Midtown 6 with 447 rental units in February 2018.

Previous construction photos can be viewed here.

43 Story Luma Miami Worldcenter Going Vertical

Luma Miami Worldcenter

Luma Miami Worldcenter

At the end of last month, the 43 story Luma Miami Worldcenter had its foundation pour and is in the process of going vertical. Last month two cranes were installed on the site.

Luma Miami Worldcenter is the third tower in 27 acre Miami Worldcenter site to go vertical. Caoba Miami Worldcenter was completed early this year and Paramount Miami Worldcenter was recently completed.

With 434 apartment units, Luma Miami Worldcenter is being developed by ZOM Living and Moinian Group and designed by Stantec.

Elysee Reaches 53rd Floor - Close To Top Off

Elysee Miami Construction

Elysee Miami Construction

The 57 story Elysee Miami is close to topping off as construction reaches the 53rd floor. At the end of July, construction was on the 45th floor.

With only 100 residential units, the building started to go vertical in June 2018, and the first glass installed in December 2018.

Developed by Two Roads Development and DW Partners, Elysee is expected to be completed in 2020.

Previous construction photos of Elysee can be viewed here.

TBT - Miami Worldcenter To Break Ground This Quarter

Miami Worldcenter Site Towards Downtown

Miami Worldcenter Site Towards Downtown

TBT (August 10, 2015) - 4 years ago the Paramount Miami Worldcenter Site was getting prepared for foundation work. The 60 story building would start to go vertical November 2016 and eventually be completed in July 2019.

Miami Worldcenter in expected to break ground on the site this quarter, according to The Next Miami. 

After expecting to break ground at the end of 2014, Miami Worldcenter has been delayed, but demolition crews have already started tearing down some buildings to get the site ready. 

Construction is expected to take 36-38 months with the first phase to include The Mall at Miami Worldcenter, Paramount Condo Tower and a ZOM rental tower. 

Turnberry Ocean Club Residences Reaches 50th Floor

Turnberry Ocean Club Residences Construction

Turnberry Ocean Club Residences Construction

The Carlos Zapata designed Turnberry Ocean Club Residences in Sunny Isles Beach is 4 floors away from topping out as construction reaches the 50th floor.

Construction started going vertical on the 650 foot tower in January 2018. A year ago, construction reached the 19th floor.

Previous construction photos of the Turnberry Ocean Club Residences can be viewed here.