Thursday, October 11, 2018

The downshift drags on in Miami’s condo market

Quiet has become the new status quo in the condo market.

Miami-Dade County is facing a supply of 58 months, or nearly five years, of condos priced at $5 million and up. That figure is based on the market average of about six units selling per month with 350 units on the market, according to MLS data compiled by EWM Realty International.

Of the units priced at $5 million and up that sold over the past year, 96 percent closed for less than their original asking prices. However, sellers are typically reducing their pricing by only 5 percent, the report found.

The drop in preconstruction inventory as a growing number of projects have been canceled or put on hold since the cycle began in 2011 — including the recent cancellations of Naranza at Edgewater; Spark, also in Edgewater; Fasano Residences in Miami Beach; and the Diplomat project in Hallandale Beach — is a sign that the market is correcting itself.

Announcements of new projects have been few and far between. The handful of recently launched developments are priced more affordably and located in Greater Downtown Miami, a market where lower listing prices will fare better as the glut of luxury condo supply totals more than five years, according to data from Peter Zalewski’s Condo Vultures Realty, a brokerage that specializes in buying and selling bulk condo deals. The excess inventory Condo Vultures tracked doesn’t even include the preconstruction market.

Heading farther north to Broward and Palm Beach counties, the number of projects in the pipeline is lower, but some of the same issues are present in both areas.

The Conrad and W Fort Lauderdale, for example, still have a number of unsold units. According to a 2018 report by International Sales Group, the W — which the Related Companies purchased and renovated — is only 55 percent sold. And the Conrad, which the Heafey Group purchased, is under 50 percent sold.

Below is the pipeline of South Florida condo projects proposed, planned, under construction or completed since the beginning of this cycle. The data was compiled by Cranespotters, an entity connected to Condo Vultures Realty, which sourced data from public records, mainstream media news reports and private research. 

Broward

PROJECT NAME DEVELOPER UNITS STATUS
Dania Beach
FLORIDA PARK RESIDENCES MFL Development 293 Proposed
DANIA PLACE 555 Dania Beach 9 Completed (2016)
DANIA POINTE Kimco Realty Corp. TBA Under Construction
Deerfield Beach
FORDHAM AT DEERFIELD BEACH Group P6 9 Completed (2017)
ELYSIAN AT DEERFIELD BEACH Group P6 7 Completed (2018)
Downtown Fort Lauderdale
ADAGIO FORT LAUDERDALE Grupo Alco International LLC 31 Under Construction
AQUAVITA LAS OLAS Ocean Land Investments 22 Completed (2015)
AQUALUNA Ocean Land Investments 16 Under Construction
ADAGIO ON THE BAY Grupo Alco International LLC 12 Completed (2015)
VELA VISTA Commodore Club Condominium LLC 9 Completed (2016)
1800 LAS OLAS Ocean Land Investments 8 Planned
CYMBRINAS CAY Cardinal Southern Development Corporation 8 Completed (2015)
Fort Lauderdale Beach
GALE RESIDENCES Menin Hospitality, Merrimac Ventures & Newgard Development Group 129 Completed (2018)
PARAMOUNT FORT LAUDERDALE BEACH Encore Housing Opportunity Fund & Royal Palm Communities 95 Completed (2017)
321 AT WATER'S EDGE 321 Birch LLC 23 Proposed
Greater Fort Lauderdale
THE GALLERIA COMMUNITY Keystone-Property Holding Corp. / FLL Development Enterprise 1,250 Proposed
3000 ALHAMBRA Kolter Group 311 Proposed
URBN @ FLAGLER VILLAGE Taho Investments LLC 217 Proposed
100 LAS OLAS Kolter Group 121 Under Construction
AUBERGE BEACH RESIDENCES - SOUTH TOWER Related Group, Fortune International Group & Fairwinds Group 115 Under Construction
RIVA Premier Developers 100 Completed (2018)
FLAGLER 626 BRYL Developments LLC 97 Planned
FOUR SEASONS PRIVATE RESIDENCES Fort Capital & Merrimac Ventures 95 Under Construction
URBN VILLAGE ON 5TH AVENUE Urban Village at 5th Avenue LLC 90 Completed (2017)
AUBERGE BEACH RESIDENCES - NORTH TOWER Related Group, Fortune International Group & Fairwinds Group 57 Completed (2018)
AQUABLU FORT LAUDERDALE Ocean Land Investments 35 Under Construction
GALLERIA LOFTS - WEST SobelCo 30 Completed (2017)
30 THIRTY N. OCEAN Cavache Properties 24 Under Construction
AQUAMAR LAS OLAS Ocean Land Investments 20 Completed (2017)
GALLERIA LOFTS - EAST SobelCo 18 Completed (2017)
WAVE ON BAYSHORE Oak Tree Management 18 Under Construction
AQUARIUS 15 AZDD LLC 15 Completed (2016)
Greater Fort Lauderdale cont.
TBA (2100 SOUTH MIAMI ROAD) Eli Halali 12 Proposed
VICTORIA COMMONS Morris J. Kaplan Communities at Lakeridge 12 Proposed
33 INTRACOASTAL Aviara Holdings 11 Completed (2018)
PALMS ON VENICE The Palms Of Venice, LLC 10 Completed (2015)
353 SUNSET Weiner, Vollrath & Partners 8 Completed (2017)
AQUAVUE Ocean Land Investments 8 Planned
BAYSHORE 740 Bayshore 740 LLC 8 Planned
OCEAN EDGE Equity Partners Inc. 8 Planned
ONE24 RESIDENCES 124 Hendricks Isle LLC 6 Proposed
TBA (1324 BAYVIEW DRIVE) Jeff Hendricks 6 Under Construction
309 HENDRICKS ISLE Dundas Real Estate Investment 5 Under Construction
BORUJ TOWER Beach Resort Development of Ft. Lauderdale 5 Proposed
MARINA LOFTS Cymbal Development TBA Planned
Hillsboro Beach
1200 THE OCEAN Marrano Homes 18 Completed (2016)
Hollywood/Hallandale Beach
GULFSTREAM PARK TOWER (PHASE TWO) Stronach Group 1,318 Proposed
HALLANDALE OASIS Romagnole Investment Properties 500 Planned
HYDE RESORT AND RESIDENCES Related Group & Fortune Development Sales 407 Completed (2017)
HYDE BEACH HOUSE Related Group, 13th Floor Investments & Key International 342 Under Construction
COSTA HOLLYWOOD BEACH RESORT Liberty Grande LLC 307 Under Construction
BEACHWALK Related Group 300 Completed (2015)
JED TOWER JED Equities 134 Proposed
2000 OCEAN KAR Properties 64 Planned
APOGEE BEACH Related Group 49 Completed (2013)
RESIDENCES ON MONROE Gusmel LLC 40 Planned
SAGE BEACH Property Markets Group & The Development Group 24 Completed (2016)
POSITANO BEACH Millennium Homes 17 Completed (2015)
SEASIDE VILLAGE Seaside Village By Vintage Homes Inc. 15 Under Construction
LA RIVIERA Five On The Beach LLC 8 Planned
SKY HARBOR Waterside Hollywood LLC 8 Completed (2016)
TBA (2511 PIERCE STREET) Alex Goihman 8 Proposed
LIVE OAK CONDOMINIUMS Evolve Developers Group 4 Completed (2016)
CHATEAU SQUARE Chateau Group TBA Proposed
Lauderdale-by-the-Sea
VILLAS BY THE SEA (OCEANSIDE NORTH) Minto Communities 36 Completed (2017)
VILLAS BY THE SEA (OCEANFRONT NORTH) Minto Communities 15 Completed (2016)
Pompano Beach
KOI RESIDENCES & MARINA Invesca Development Group 350 Completed (2016)
1380 S. OCEAN BOULEVARD Lionheart Capital 239 Planned
PURE RESIDENCE Pompano City Place LLC 187 Proposed
TBA (1116 N. OCEAN BOULEVARD) Related Group 130 Proposed
OCEANSIDE POMPANO BEACH Chetrit Group & Ari Pearl 126 Proposed
TBA (1350 S. OCEAN BOULEVARD) Merrimac Ventures 92 Planned
SABBIA BEACH Fernbrook Florida LLLP 68 Under Construction
OCEAN PARK BEACH RESIDENCES Tomas Sinisterra & Carlos H. Rodriguez 36 Proposed
ARYA OCEANSIDE RESIDENCES Sean Lin 19 Proposed

Miami-Dade

PROJECT NAME DEVELOPER UNITS STATUS
Aventura
TBA (3501 SUNNY ISLES BOULEVARD) Dezer Development 600 Proposed
THE HARBOUR Key International & 13th Floor Investments 425 Under Construction
PRESERVE ON THE BAY - BLDG. A TransAmerican Development Corp. 365 Proposed
PRESERVE ON THE BAY - BLDG. B TransAmerican Development Corp. 365 Proposed
MARINA PALMS YACHT CLUB (NORTH TOWER) Plaza Group / DevStar Group 234 Completed (2015)
RESERVE AT MARINA PALMS Plaza Group / DevStar Group 234 Completed (2017)
Aventura cont.
ECHO AVENTURA Property Markets Group & JDS Development Group 190 Completed (2015)
PRIVÉ BH3 & Gary Cohen 160 Completed (2017)
PORT AVENTURA Granite Aventura 158 Proposed
AVENTURA PARKSQUARE Integra Investments & F&F Properties 131 Completed (2018)
AVENTURA VILLAGE Land Developers Group 96 Proposed
BELLINI WILLIAMS ISLAND Martin Z. Margulies 68 Completed (2013)
TWINS AT AVENTURA 193 Street LLC 32 Proposed
AVENTURA PLACE - PHASE 6 Weitzer Homes 28 Completed (2018)
VODA WATERFRONT RESIDENCES Herdoiza Group 12 Proposed
AVENTURA PLACE - PHASE 1 Weitzer Homes 11 Completed (2015)
AVENTURA PLACE - PHASE 2 Weitzer Homes 11 Completed (2015)
AVENTURA PLACE - PHASE 3 Weitzer Homes 11 Completed (2016)
AVENTURA PLACE - PHASE 4 Weitzer Homes 11 Completed (2016)
AVENTURA PLACE - PHASE 5 Weitzer Homes 10 Completed (2017)
AVVA AVENTURA Aventura 34th Av LLC 5 Planned
Bal Harbour
OCEANA BAL HARBOUR Consultatio USA 240 Completed (2016)
Bay Harbor Islands
ESPLENDOR BAY HOTEL Blue Sky Group 96 Under Construction
ISLAND HOUSE Island Club Towers LLC 86 Planned
ROYAL HOUSE Royale Club Towers LLC 72 Planned
KAI AT BAY HARBOR 3D Developers 54 Completed (2017)
PARISA Saba Group 45 Planned
BAY VIEW 102 BH Bayview LLC 42 Completed (2018)
CLUB AT BAY HARBOR BH Developers LLC 42 Completed (2015)
BIJOU BAY HARBOUR Ability by Acierto 41 Under Construction
IVORY CONDO Brick O. 41 Completed (2017)
O RESIDENCES BH 98 LLC (S2 Development & BH-LK Investment Group) 41 Completed (2017)
TBA (1165 95TH STREET) BH 95 LLC (Jorge Savloff & Marcelo Tenenbaum) 40 Proposed
SERENO AT BAY HARBOR ISLANDS Integra Investments & 13th Floor Investments 38 Completed (2017)
BAY HARBOR ONE Land Developers Group & Team 18 36 Under Construction
AKUA WBHD Development LLC 30 Proposed
CAPRICCIO Sea Moon Inc. 30 Proposed
LE JARDIN Verzasca Group & DevStar Realty 30 Under Construction
TBA (1135 103RD STREET) BH Investment LLC (Ugo Colombo and Valerio Morabito) 29 Planned
ATLANTIS Saba Group 28 Proposed
FLORIDA 03 P3 Real Estate Investments 28 Proposed
SOPHIE BY ALLURE Allure Development Group 26 Planned
BAY BREEZE RESIDENCES Art + Tec Development 17 Completed (2017)
HARBOUR PARK Bay Harbor Investment Properties 17 Completed (2016)
ONE BY TROSS Tross International 17 Under Construction
PEARL HOUSE Verzasca Group & DevStar Realty 15 Under Construction
VISTA AT BAY HARBOR Global Reach Investments 11 Planned
WATERS AT BAY HARBOR Compass Development 9 Proposed
OPUS BAY HARBOR Congress Group 7 Proposed
Coral Gables
GABLES STATION NP International USA 526 Planned
MIRACLE RESIDENCES Publix Super Markets 282 Proposed
MERRICK MANOR The Astor Companies 227 Under Construction
VILLA VALENCIA Location Ventures 39 Proposed
GIRALDA PLACE Giralda PB LLC 33 Under Construction
BILTMORE PARC CONDOMINIUM Alirio Torrealba & United Developers Miami 32 Completed (2018)
GABLES WATERWAY Gables Waterway Property 17 Proposed
LAGUNA HOUSE Roger Development Group 13 Planned
ONE MERRICK PARK Roger Development Group 13 Planned
CASA MENORES 108 Menores Group LLC 8 Under Construction
GABLES PONCE CONDOMINIUM LG Coral Gables LLC 6 Under Construction
CASA ORDUNA 5221 Orduna Drive Holdings 5 Proposed
3400 PONCE MG Developers 4 Proposed
AMALFI IN THE GABLES FVP Amalfi LLC 4 Proposed
TBA (701 VALENCIA AVENUE) Luis Arevalo & David Torres TBA Planned
Fisher Island
PALAZZO DELLA LUNA PDS Development 50 Under Construction
PALAZZO DEL SOL PDS Development 43 Completed (2016)
Greater Downtown Miami
MIAMI RIVER (PHASE 2) Chetrit Group, Ari Pearl & JDS Development Group 1,310 Proposed
RESORTS WORLD MIAMI Genting Group 1,000 Proposed
ONE BRICKELL Related Group 900 Proposed
VILLA MAGNA Florida East Coast Realty, MG Properties, Corigin Real Estate Group 787 Planned
RESIDENCES AT BRICKELL KEY Swire Properties 668 Proposed
ARIA ON THE BAY Melo Group 647 Completed (2018)
BRICKELL CITY CENTRE (PHASE 5) Swire Properties 588 Proposed
PARAMOUNT MIAMI WORLD CENTER CIM Group, Centurion Partners, Nitin Motwani, Falcone Group & Daniel Kodsi 568 Under Construction
BRICKELL FLATIRON I CMC Group 549 Under Construction
CANVAS NR Investments 513 Under Construction
HYDE MIDTOWN Related Group 470 Completed (2018)
SLS HOTEL AND RESIDENCES Related Group 453 Completed (2016)
SLS LUX Related Group & Allen Morris Company 450 Completed (2018)
BISCAYNE BEACH Eastview Development & GTIS Partners 399 Completed (2017)
18 Karam Group 392 Proposed
ASTON MARTIN RESIDENCES Aston Martin, G and G Business Developments 391 Under Construction
BRICKELL CITY CENTRE REACH Swire Properties 390 Completed (2016)
BRICKELL CITY CENTRE RISE Swire Properties 390 Completed (2016)
NINE AT MARY BRICKELL VILLAGE The Lynd Co. & Starwood Capital Group 390 Completed (2015)
OKAN TOWER Okan Group 389 Proposed
PARAISO BAYVIEWS Related Group 388 Completed (2018)
1010 BRICKELL Key International & 13th Floor Investments 387 Completed (2017)
ONE RIVER POINT KAR Properties 386 Planned
1100 MILLECENTO RESIDENCES Related Group 382 Completed (2015)
BRICKELLHOUSE Newgard Development Group 374 Completed (2014)
MIAMI RIVER (PHASE 1) Chetrit Group, Ari Pearl & JDS Development Group 368 Proposed
PARAISO BAY Related Group 368 Completed (2018)
BRICKELL HEIGHTS EAST Related Group & Crescent Heights 358 Completed (2017)
CENTRO Newgard Development Group 352 Completed (2016)
TBA (1836 BISCAYNE BOULEVARD) Fifteen Group 352 Proposed
BRICKELL CITY CENTRE (PHASE 2) Swire Properties 350 Planned
BH02 Related Group & Crescent Heights 332 Completed (2017)
BOND MDR Toledo & Rilea Group 328 Completed (2016)
GRAN PARAISO Related Group 321 Under Construction
TBA (1430 BRICKELL BAY DRIVE) Alta Developers 300 Proposed
ICON BAY Related Group 299 Completed (2015)
ONE PARAISO Related Group 273 Completed (2018)
ONE BRICKELL CITY CENTRE (PHASE 3) Swire Properties 256 Planned
MISSONI BAIA OKO Group 249 Planned
CHELSEA TOWER CMC Group 222 Planned
YOTELPAD MIAMI AQARAT & Aria Development Group 215 Planned
BENTLEY EDGEWATER Heafey Group 207 Under Construction
MYBRICKELL Related Group 192 Completed (2014)
WYNWOOD 29 Related Group 182 Proposed
ECHO BRICKELL Property Markets Group & JDS Development Group 180 Completed (2017)
SMART BRICKELL Habitat Development 170 Proposed
BAY HOUSE Melo Group 165 Completed (2015)
BRICKELL TEN IBCorp Investments & Waterstone Capital 155 Completed (2017)
UNA RESIDENCES OKO Group 137 Planned
LE PARC AT BRICKELL Alta Developers 128 Completed (2016)
ELYSEE MIAMI Two Roads Real Estate & Eastview Development 100 Under Construction
23 BISCAYNE BAY Melo Group 96 Completed (2012)
25 Spider Ventures 94 Proposed
CRIMSON RESIDENCES ON BISCAYNE BAY McKafka Development Group 90 Completed (2015)
26 EDGEWATER 4R Development & Stripey Real Estate Development 86 Completed (2018)
ONE THOUSAND MUSEUM 1000 Biscayne Tower LLC 83 Under Construction
CASSA BRICKELL TSG Paragon Development & The Solution Group 81 Completed (2016)
EDGE ON BRICKELL Leo Macedo 70 Proposed
ELLIPSIS Shamsuddin Lalani 34 Proposed
EMILIA EDGEWATER South Beach Estates LLC 30 Under Construction
250 WYNWOOD Fortis Developments 11 Completed (2015)
27 EDGEWATER 4R Development & Stripey Real Estate Development TBA Proposed
600 BISCAYNE BOULEVARD Chateau Group TBA Proposed
700 BISCAYNE BOULEVARD Chateau Group TBA Proposed
BRICKELL CITY CENTRE (PHASE 6) Swire Properties, Paola Castillo Ribon And Richard G. Toledo TBA Proposed
TBA (150 NE 7TH STREET) Miami A/I LLC TBA Planned
TBA (175 SE 25TH ROAD) Miami Waterfront Ventures (OKO Group) TBA Proposed
CCCC MIAMI TOWERS China City Construction Holding Group & American Da Tang TBA Proposed
TBA (150 NE 7TH STREET) Miami A/I LLC TBA Planned
TBA (175 SE 25TH ROAD) OKO Group TBA Proposed
Key Biscayne
OCEANA KEY BISCAYNE Consultatio USA 153 Completed (2014)
101 KEY BISCAYNE Blue Jay Capital 11 Completed (2015)
Miami - Coconut Grove
CLUB RESIDENCES AT PARK GROVE Terra Group & Related Group 132 Completed (2018)
GROVE AT GRAND BAY Terra Group 98 Completed (2016)
ONE PARK GROVE Terra Group & Related Group 72 Under Construction
TWO PARK GROVE Terra Group & Related Group 72 Completed (2018)
THE MARKERS Eduardo Avila 65 Proposed
ARBOR Urban Atlantic Group & Oak Ventures 52 Under Construction
FAIRCHILD COCONUT GROVE GROVR Development 26 Under Construction
GLASSHAUS G.D8 & Element Development 23 Planned
RESIDENCES AT VIZCAYA Residences at Vizcaya LLC 18 Completed (2011)
L'UCCELLO CONDOMINIUMS Lucello Investments LP 6 Completed (2017)
Miami - Design District
SWEETBIRD RESIDENCES Dacra 96 Planned
TBA (220 NE 43RD ST) Helm Equities 82 Proposed
BUENA VISTA VILLAS SLH Investment Group, Groupe Terrot & UPSIDE Investments 12 Proposed
Miami - Morningside
BALTUS HOUSE Related Group 167 Completed (2015)
TBA (5201 BISCAYNE BOULEVARD) Biscayne 5201 Inc. TBA Proposed
Miami - Upper East Side
LEGIONS WEST Acre GCDM Bay Investments II LLC 476 Proposed
Miami Beach
DEAUVILLE HOTEL BEACH RESORT Deauville Associates LLC 412 Planned
MIAMI BEACH MARINA Fort Partners 250 Proposed
RITZ-CARLTON RESIDENCES MIAMI BEACH Lionheart Capital LLC & Elliott Management Corporation 126 Under Construction
PELORO MIAMI BEACH SMG Management 114 Completed (2016)
TBA (5775 COLLINS AVENUE) Jose Isaac Peres 90 Planned
3900 ALTON Mast Capital 78 Planned
6080 COLLINS AVENUE Domus Group & Urbis Real Estate 70 Under Construction
MIMOSA The Mimosa LLC 69 Under Construction
EIGHTY SEVEN PARK Terra Group, Bizzi & New Valley Bizzi & Partners Development / New Valley LLC 68 Under Construction
TBA (OCEAN TERRACE SITE) Claro Development 58 Planned
ONE OCEAN Related Group 49 Completed (2016)
FAENA HOUSE Faena Group 43 Completed (2015)
PALAU SUNSET HARBOR SMG Management 43 Completed (2016)
TBA (1030 15TH STREET) Shoma Group 43 Proposed
TBA (6747-6757 COLLINS AVENUE) China City Construction 42 Proposed
6800 INDIAN CREEK DRIVE 6800 Indian Creek LLC 30 Proposed
MAREA SOUTH BEACH Related Group 30 Completed (2015)
TBA (SOUTH SHORE BEACH DEVELOPMENT) South Shore Landowners LLC 28 Planned
RESIDENCES MIAMI BEACH EDITION Seville Acquisition LLC 24 Completed (2014)
321 OCEAN DRIVE Aria Development Group 21 Completed (2015)
L'ATELIER SMG Management LLC, W Capital Group, & Shamrock Holdings 20 Under Construction
FAENA HOTEL RESIDENCES Faena Group 13 Completed (2016)
SUNSET HARBOR RESIDENCES Deco Capital Management LLC 12 Proposed
GLASS Terra Group 10 Completed (2015)
645 MICHIGAN K and R Corp. 8 Completed (2017)
BEACH HOUSE 8 Valerio Morabito, Morabito Properties & CMC Group 7 Completed (2016)
NAUHAUS SOUTH BEACH CONDO Restate Group 7 Under Construction
TBA (10 SOUTH SHORE DRIVE) K & R Two 6 Proposed
ATLANTIQUA Atlantiqua LLC 4 Under Construction
North Bay Village
ISLE OF DREAMS Isle of Dreams LLC 237 Planned
BALI HAI B Developments 127 Planned
TBA (1601 KENNEDY CAUSEWAY) Brick Village 79 LLC 75 Planned
TBA (7918 WEST DRIVE) P&O Global Technologies 54 Planned
PIAVE Jose Saal 43 Planned
BAHIA TOWER Cedar Island LP 16 Proposed
North Miami
APEIRON AT JOCKEY CLUB - PHASE 1 Apeiron Miami, LLC 120 Planned
TBA (840 NE 130th St) Ozkan Ozcelik & Serhat Karakaya 67 Proposed
HIGHLANDS CONDO Blue Road 60 Under Construction
BISCAYNE HARBOUR Mario Murgado 52 Planned
GOLDEN HILL CONDO West Bank Investment 20 Proposed
SOLE MIA LeFrak & Turnberry Associates TBA Under Construction
South Beach
1 HOTEL & HOMES LeFrak & Starwood Capital Group 239 Completed (2015)
TBA (TERMINAL ISLAND PROJECT) Related Group 90 Proposed
MONAD TERRACE JDS Development Group & New Valley 59 Under Construction
1215 ON WEST Domus Group & BSD Investments 45 Completed (2016)
THREE HUNDRED COLLINS JMH Development & PSB Capital 19 Completed (2018)
ELENA Elena SOBE LLC 18 Completed (2016)
EVA Anni Venti LLC 15 Completed (2015)
JACQUELINE Zephyrus LLC 14 Completed (2016)
TBA (1414 WEST AVENUE) 1414 West Avenue LLC 14 Proposed
LOUVER HOUSE Mast Capital 12 Completed (2017)
FIRST SOBE First on Jefferson LLC 11 Completed (2017)
1235 WEST Arkad Holdings & 3K Partners 5 Proposed
350 MERIDIAN CONDO Olivine Group 4 Completed (2015)
Sunny Isles Beach
VARADERO Fortune International Group & Chateau Group 490 Planned
PARQUE TOWERS J. Milton & Associates 320 Under Construction
RESIDENCES BY ARMANI - CASA Armani Group, Related Group & Dezer Development 308 Under Construction
RITZ-CARLTON RESIDENCES SUNNY ISLES BEACH Fortune International & Chateau Group 211 Under Construction
JADE SIGNATURE Fortune International 192 Completed (2018)
ESTATES AT ACQUALINA (SOUTH TOWER) The Trump Group 154 Under Construction
TURNBERRY OCEAN CLUB Turnberry Associates 154 Under Construction
400 SUNNY ISLES - EAST TOWER Key International 133 Completed (2015)
PORSCHE DESIGN TOWER MIAMI Dezer Development 132 Completed (2016)
CORNFIELD WEST TNG Holdings 122 Proposed
400 SUNNY ISLES - WEST TOWER Key International 97 Completed (2015)
MANSIONS AT ACQUALINA The Trump Group 86 Completed (2015)
CHATEAU BEACH Chateau Group 81 Completed (2015)
MUSE Property Markets Group & S2 Development 68 Completed (2018)
AURORA CONDO Verzasca Group 61 Planned
REGALIA Regalia Beach Developers 39 Completed (2014)

Palm Beach

Boca Raton        
MONARCH BOCA RATON Elad National Properties 384 Proposed
AMRIT OCEAN RESORT & RESIDENCES Creative Choice Group 182 Proposed
TOWER 155 Derek Vander Ploeg & Compson Associates 170 Under Construction
ALINA RESIDENCES Elad National Properties 121 Planned
RESIDENCES AT MANDARIN ORIENTAL Penn-Florida Companies 104 Planned
OCEAN PALM One Ocean Plaza Venture 70 Proposed
ROYAL PALM PLACE Investments Limited 69 Proposed
475 ROYAL PALM Group P6-C LLC 48 Planned
327 ROYAL PALM Group P6 25 Under Construction
Delray Beach
ATLANTIC CROSSING Edwards Companies 82 Under Construction
111 FIRST DELRAY Felipe Vergara & Manuel Vergara 70 Under Construction
METROPOLITAN Morton Group Inc. 48 Proposed
236 FIFTH AVENUE Samar Hospitality 35 Under Construction
Downtown West Palm Beach
TRANSIT VILLAGE Transit Village LLC 420 Planned
BRISTOL Golub & Company, Commercial Financial Management, Elion Partners & GAK Partners 69 Under Construction
Gulf Stream
4001 NORTH OCEAN Kolter Group 39 Completed (2013)
Highland Beach
TBA (3822 SOUTH OCEAN BOULEVARD) Golden City Highland Beach LLC 45 Proposed
3200 SOUTH OCEAN Seagate Development 19 Completed (2016)
Juno Beach
BAY COLONY JUNO BEACH - PHASE 5 Juno Bay Colony LLC 18 Completed (2015)
BAY COLONY JUNO BEACH - PHASE 6 Juno Bay Colony LLC 18 Completed (2015)
BAY COLONY JUNO BEACH - PHASE 7 Juno Bay Colony LLC 18 Completed (2016)
BAY COLONY JUNO BEACH - PHASE 1 Juno Bay Colony LLC 17 Completed (2014)
BAY COLONY JUNO BEACH - PHASE 2 Juno Bay Colony LLC 16 Completed (2014)
BAY COLONY JUNO BEACH - PHASE 3 Juno Bay Colony LLC 16 Completed (2015)
BAY COLONY JUNO BEACH - PHASE 4 Juno Bay Colony LLC 16 Completed (2015)
Jupiter
Fisherman's Wharf Mark Emalfarb 39 Planned
Lake Worth
BELLA TERRA AT LAKE WORTH Hammon Park Partners 36 Proposed
THE ONE LUXURY CONDOMINIUM Sundream Investment 14 Under Construction
North Palm Beach
WATER CLUB (PHASE 1) Kolter Group 163 Completed (2016)
WATER CLUB (PHASE 2) Kolter Group 30 Proposed
Palm Beach
LA CLARA Great Gulf 84 Proposed
TBA (TESTA'S RESTAURANT SITE) T3 Family Investments 6 Under Construction
Palm Beach Gardens
AQUALINA Allied Capital 88 Planned
AZURE - BUILDING B Frankel Enterprises 55 Under Construction
AZURE - BUILDING A Frankel Enterprises 46 Completed (2016)
Palm Beach Shores
OCEAN EIGHTEEN Prodesa 18 Completed (2016)
Riviera Beach
SINGER ISLAND GATEWAY Richard J. Lazzara 135 Proposed
VISTABLUE SINGER ISLAND Third Palm Capital 58 Under Construction
5000 NORTH OCEAN Kolter Group 48 Under Construction
South Palm Beach
3550 SOUTH OCEAN DDG 30 Under Construction
West Palm Beach
ICON PALM BEACH Related Group & RSBC Real Estate Company 1,059 Planned
PROSPECT PLACE Time Equities 300 Proposed
BANYAN CAY RESORT Banyan Cay Dev. LLC 200 Under Construction
EIGHTY POINTS WEST 11022 Santa Monica Boulevard LP & Ave 51 Partners LP 170 Planned
PARK PALM BEACH Parkland Companies 105 Under Construction
NORTHWOOD COMMONS Mario Caprini 91 Proposed
ONE WEST PALM Melrose/Camerford Partners, 550 Quadrille & Jeff Greene 84 Planned
TBA (1515 S. FLAGLER DRIVE) GGT Flagler LP, Terrace Mountain Investors III LLC, Great Gulf & Terrace Mountain Investors 84 Proposed
TBA (1309-1311 SOUTH FLAGLER DRIVE) Two Roads Development 42 Proposed


from The Real Deal Miami https://therealdeal.com/miami/issues_articles/the-downshift-drags-on/#new_tab
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