Margaritaville Hollywood Beach Resort Sells For $127M

Margaritaville Hollywood

Margaritaville Hollywood

Margaritaville Hollywood Beach Resort has sold for $127 million to KSL Capital Partners, according to The Real Deal.

The 17 story hotel was built on 5 acres by Lon Tabatchnick and Starwood Capital Group and has 349 hotel rooms. Construction was completed in November 2015.

Construction photos of Margaritaville Hollywood Beach Resort can be viewed here.

Midtown 6 Reaches 4th Floor

Midtown 6 Under Construction

Midtown 6 Under Construction

After starting construction in February of this year, Midtown 6 is now going vertical and has reached the 4th floor of the 32 story building in Midtown Miami.

With 447 apartment units, Midtown 6 is located next to Midtown 5, which was completed early 2017.

Construction To Begin Soon On Brickell World Plaza Expansion

Since original plans were revealed March 2017, construction will begin soon on the Brickell World Plaza expansion, according to The SFBJ.

A $20 million construction loan was granted to Brickell Holdings III and Brickell Financial Centre LLC to create a 12 story building with 553 parking spaces, office space and retail space. 

Future plans for the second phase include a 904 foot tower with 360 hotel rooms and 134 residential units.

82 Story Tower Proposed At Downtown Miami Courtyard Marriott Site

Rendering of 82 Story Tower

Rendering of 82 Story Tower

An 82 Story tower has been proposed at the Downtown Miami Courtyard Marriott site at 200 SE 2nd Ave, according to The Real Deal.

The 1.5 million square foot building would have 266 hotel rooms and 637 residential units with 553 parking spaces. 

Currently on the site is a 13 story Courtyard Marriott that was built in 1975 on 1.2 acres.

The building was listed for sale in September 2014 and eventually taken off the market.

The site is owned by AVR Realty affiliate Miami Convention Hotel Corp.

Duffy's Sports Grill In Cocowalk Under Demolition

Duffy's In Cocowalk Under Demolition

Duffy's In Cocowalk Under Demolition

Demolition is underway at the Duffy's Sports Grill in Coconut Grove at Cocowalk.

Duffy's first opened in the Fall of 2013 as a popular place to watch sporting events in Central Grove before finally closing at the beginning of 2018. 

In its place will be One Cocowalk, which will be a 5 story Class A office building with 73,000 square feet. There will be four levels of office space, ground floor retail and a rooftop terrace. 

Construction has also started on the Western portion of the new revamped Cocowalk.

Cocowalk was purchased in May 2015 for $87.5 million.

Panorama Tower Timelapse - 8K

8K Timelapse of the tallest building South of New York City - Panorama Tower - overlooking Brickell at dusk. The hotel Hyatt Centric opened last weekend on the first 18 floors of the building while the rest of the tower is scheduled to open in June. 

Views from 868 feet, at the top of Panorama Tower can be viewed here.

Construction photos of Panorama Tower since the beginning can be viewed here.

Foundation Work Continues At Aston Martin Residences Site

Aston Martin Residences Site

Aston Martin Residences Site

After breaking ground in October 2017, foundation work still continues at the Aston Martin Residences site along the entrance of the Miami River. 

At 66 stories, Aston Martin Residences will have 390 residential units. 

Previous stories on the Aston Martin Residences can be viewed here.