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…

Wynhouse Miami is under construction, according to a press release from the developers. Developer Fisher Brothers obtained $117.5 million in financing to build the project, jointly provided by JP Morgan Chase and affiliates of Canyon Partners. Wynhouse is planned to rise eight stories and include: 308 rental residences approximately 26,000 square feet of ground floor retail nearly 25,000 square feet of expansive indoor and outdoor amenities 107 parking spaces (per previous filings) Nichols is the architect, with interior design of…