$97 Million Shore Club Permit Leads South Florida’s Largest Recent Construction Filings

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Shore Club Private Collection Rendering-1901 Collins Avenue 1030x385

Miami Beach has issued a phased construction permit valued at $97 million for the Shore Club Private Collection, an oceanfront redevelopment at 1901 Collins Avenue.

Covering approximately 481,200 square feet, the permit was the largest among South Florida’s recently reported construction filings.

Witkoff and Monroe Capital are redeveloping the roughly three-acre property into a luxury destination combining private residences, hotel accommodations and restored historic architecture. The plans include a new 20-story oceanfront tower, the rehabilitation of the eight-story Cromwell House and a single-family beach residence surrounded by landscaped grounds.

The project’s residential collection is expected to include approximately 49 homes, while the hospitality component will operate under the Auberge Resorts Collection brand. Robert A.M. Stern Architects is leading the design, with Kobi Karp Architecture and Interior Design serving as the project’s executive architect.

Construction activity was already underway before the latest permit was issued. The development team completed the tower’s concrete foundation in November 2025 following an extensive pour involving approximately 1,100 cubic yards of concrete. The new phased permit allows the project to progress further into its construction schedule.

The redevelopment is backed by a $430 million construction loan provided by J.P. Morgan in 2023. At the time, the financing was reported as one of South Florida’s largest residential construction loans, reflecting substantial lender confidence in the project and Miami Beach’s ultra-luxury market.

Another significant permit issued during the same reporting period was connected to Related Group’s Gallery at Lummus development near downtown Miami. That approximately $74.5 million filing covers a mixed-income apartment project planned with hundreds of residences and ground-floor retail space.

Together, the permits show that major South Florida developments continue moving from planning and financing into active construction. The activity spans both ends of the housing market—from high-end oceanfront residences to mixed-income and workforce-oriented apartments—and demonstrates sustained developer interest in Miami-Dade County.

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Vero Beach Utility Relocation Moves Forward, Clearing Path For Prime Riverfront Redevelopment

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vero beach-three corners redevelopment rendering_original photo credit youtube 1030x385

Construction progress and a new $25 million state grant are advancing Vero Beach’s One Water Campus—a project that will ultimately allow the city to retire its aging waterfront treatment plant and unlock a key piece of the Three Corners redevelopment site.

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Florida’s $1.8 Trillion Economy Ranks 14th Globally; Vero Beach’s Barrier Island Is Where The Capital Lands

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Florida’s $1.8 trillion economy is fueling continued wealth migration, and luxury brokers say Vero Beach’s barrier island is emerging as one of the state’s biggest beneficiaries thanks to tax advantages, limited inventory and a growing influx of affluent buyers.

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Vero Beach Emerges As One Of Florida’s Safest And Most Affordable Housing Markets

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Vero Beach has been recognized as one of four Florida cities offering homebuyers a rare combination of affordability and safety. With an A-range crime grade, median home prices in the low $400,000s, and many homes selling below list price, the coastal community stands out as an attractive option amid Florida’s increasingly expensive housing market.

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Miami Green Lights Coconut Grove Playhouse Revival After Two Decades Of Battles

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Miami commissioners have approved a long-debated plan to redevelop the historic Coconut Grove Playhouse, clearing the way for a restored 1926 facade, a new 310-seat theater, retail and office space, and a parking garage. While the vote marks a major milestone in reviving the landmark after two decades of closure, the project could still face legal challenges before construction moves forward.

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Billionaire Buys Every Condo In A Miami Tower For $125M Demolition

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Billionaire Ken Griffin spent roughly $125 million to buy all 138 condo units and ground-floor retail in a 22-story Miami tower. Griffin targeted Solaris because it occupied one of the few remaining parcels he didn’t already control in Brickell and fits into his broader real estate expansion in Miami.

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Vero Beach Extends Negotiation Timeline For Three Corners Redevelopment

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proposed three corners project in vero beach_image credit Clearpath Services The Ridge Group DMJR 1030x385

The proposed project, estimated at about $250 million, would remake the waterfront site into a mixed-use destination with hotels, dining, retail, event space and a marina.

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Miami Home Sales Are Climbing, But Prices Tell A More Complicated Story

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According to the Miami Association of Realtors, sales of single-family homes rose 10%, while existing condo sales increased 5%. Despite stronger sales activity, price trends differed between property types.

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Huge Property Tax Overhaul Measure Set For November Ballot

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As Florida voters prepare to consider a major property tax overhaul this November, officials in Vero Beach and Indian River County are raising concerns about its local impact. The proposal would provide substantial tax relief for homesteaded homeowners but could also reduce revenue that cities and counties rely on.

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Indian River Mall Demolition Begins; Indoor-Outdoor Redevelopment Planned To Satisfy Everyone

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Expected to be completed by late 2027 or early 2028, the mall redevelopment project will introduce a mix of indoor and outdoor retail spaces, attract new businesses, and include a drive-thru restaurant. Local leaders hope these changes will revitalize the mall and restore it as a community gathering place.

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