Ocean One Breaks Ground At 114-222 North Federal Highway In Boynton Beach

An official groundbreaking ceremony was held October 6 for Ocean One, an eight-story, 371-unit mixed-use development at 114-222 North Federal Highway in downtown Boynton Beach. Developed by Hyperion Group, Winter Properties, WREP, and Silverstein Properties and designed by Miami-based Arquitectonica, the project will include rental residences and 25,500 square feet of retail space. City officials,…

Boca Raton Community Redevelopment Agency Approves 8-Story Social, Wellness Club Near Sanborn Square

The Boca Raton Community Redevelopment Agency has approved a proposal for a private social and wellness club near Sanborn Square. The eight-story project would bring restaurants, wellness centers and major redevelopment to the area. The proposal comes as multiple major projects are reshaping the downtown corridor, including the Aletto mixed-use development and the previously approved…

Fuse Group Joint Venture Secures $127M Construction Loan for Miami-Area Multifamily Property

Fuse Group and KREA Developments, the U.S. subsidiary of Grupo KREA, have secured a $127 million construction take-out loan for a 502-unit multifamily community, recently delivered community in Fort Lauderdale, Fla. Madison Realty Capital issued the note in a deal arranged by Berkadia. Proceeds will refinance existing debt and provide capital in support of lease-up…