An affiliate of Lalezarian Properties obtained a $150 million construction loan to build an apartment tower at Miami Worldcenter, designed by Nichols Architects. By Brian Bandell An affiliate of Lalezarian Properties obtained a $150 million construction loan to build an apartment tower at Miami Worldcenter. Bank of New York Mellon, as administrative agent for a group of lenders, provided the mortgage to MWT 1 LLC, an affiliate of New York-based Lalezarian. It covers the 1.85-acre site at the southeast corner…

Codina has said he plans to live in a penthouse of his 18-story apartment building By Lidia Dinkova Coral Gables is poised to get more development. Codina Partners’ plan for an apartment tower is a step closer to fruition, after city commissioners on Tuesday unanimously approved a slew of development regulation changes for several projects. Codina Partners, founded and led by Armando Codina, wants to build the 174-unit Regency Residences on 1.7 acres roughly between Valencia and Almeria avenues, just…

A seven-level expansion of the Fontainebleau Resort in Miami Beach has commenced under construction. Records show that a foundation permit allowing deep soil mixing was issued in May. Construction equipment has been active on the site for weeks. The project will include parking, ballroom space, and meeting roomsand more. Nichols Architects is the architect. Read more about it here >>> Source: The Next Miami https://www.thenextmiami.com/construction-underway-on-expansion-of-fontainebleau-resort-in-miami-beach/

A 7-story parking garage in downtown Miami is set for total demolition, according to a permit application filed with Miami’s Building Department this morning. The garage is operated by the Miami Parking Authority. There are plans to replace it with a 49-story tower that will have an even bigger parking garage. … Lions Group presented plans last year to an MPA Board to combine the garage site with property it owns next door to build the 49-story project called M-Tower….

Glass installation is continuing at the Miami Worldcenter retail building described by its architect Nichols Architects, as a “jewelry box,” new photos show. The jewelry box building will have a total of 135,208 square feet of space, including 78,264 square feet of retail. There will be two floors of retail, along with a usable rooftop. An “iconic” rooftop structure will top the building. Bowlero is the only tenant announced so far. It will occupy 31,000 square feet in the building….