Phase 1B Of Nexus Riverside has been submitted to the Federal Aviation Administration. According to the December filing, Nexus Riverside Phase 1B is planned to rise to rise 410 feet above ground or 412 feet above sea level. The work schedule for the project is listed as beginning in July 2024. The first phase, a 36-story tower known as Modera Riverside, is already well under construction. It is planned to include 428 apartments. The second phase, known as Nexus Riverside…

Construction on the 380-unit community designed by Nichols Architects is expected to begin in the third quarter of 2024. A joint venture between LYND and Dania Beach Marina Corp. has received a $12 million loan to refinance a 2.91-acre development site in Dania Beach, Fla., in metro Miami. The partners are planning to use the land for the construction of The Aileron, a 380-unit multifamily tower across from Spirit Airlines’ headquarters. Work on the project is expected to begin in…

The first glass has been installed at the 36-story Modera Riverside apartment tower under construction in downtown Miami. New photos by Phillip Pessar. Modera Riverside is planned to include: 428 dwelling units and amenity spaces 4,266 square feet of retail space 505 parking spaces Groundbreaking took place in Spring of 2022, with vertical construction beginning in early 2023. First move-ins are anticipated for August 2024, according to the website of developer Mill Creek Residential. The project is designed by Coral…

Downtown Miami’s Nexus Riverside is already under construction, with a 36-story tower rising designed by Nichols Architects. The developer has now signed a utilities agreement to add hundreds more units. According to the September 6 agreement with Miami Dade’s Water & Sewer Department, Nexus Riverside 1B will include: 350 apartments 521 square feet of full service restaurant The first tower now under construction is planned to include include 428 rental apartments, 4,266 square feet of ground floor retail, and an…

New York-based Madison Realty Capital, led by Josh Zegen, is providing the financing for the Via Mizner project at 105 East Camilo Real, according to a source. It replaces the $225 million loan Madison provided in 2019. The refinancing adds to a group of large loans that developers have secured in recent months. Penn-Florida, led by president Mark Gensheimer, completed the first phase, a 366-unit apartment building, in 2018. The project also calls for a 164-room Mandarin Oriental hotel, the…