New Construction and Development

U.S. Development opened its brand-new sales gallery for Salato Pompano Beach, its newest ultra-luxury development nestled along the city’s coastline. With 25% of the units under contract heading into peak season, activity is strong from local, domestic and international buyers as the start of construction looms.

Construction on Kelvin, a 66-unit contemporary mixed-use community at 7950 Broadway in Lemon Grove, is nearing completion, bringing much needed housing to a rapidly growing San Diego County neighborhood.

Oasis at Aventura, HTG’s eighth collaboration with Alonzo Mourning’s non-profit, will deliver 95 affordable apartments catered to seniors in the Aventura area  

Aspen at Melford Town Center, a 388-unit luxury multifamily community situated within Melford Town Center, is now open to residents. A joint project between St. John Properties, Inc., and Somerset Companies LLC, the community features oversized studio, one-, and two-bedroom living spaces ranging from 507 to 1,490 square feet, as well as a full complement of on-site resident-based amenities. The development has an approximate value of $150 million and represents the fourth joint venture partnership between full-service commercial real estate company St. John Properties and Somerset Companies, a developer of mixed-use communities. The Aspen at Melford Town Center was designed by Architects Collaborative. Aumen Asner, Inc. oversaw interior design, The Whiting-Turner Contracting Company completed all general contracting activities, and Bozzuto Management is the property manager.

Matteson Capital, a multifaceted real estate investment

The Calta Group, a real estate design, development, acquisition, and construction company, celebrated the foundation pour for their project, Revv Hollywood, on Thursday, January 18. The event marked a significant milestone in the development of the 180-unit multifamily apartment building located at 2233 Hollywood Blvd., which is set to redefine Hollywood apartment living with an innovative and fresh concept.