Delray Beach developer Kolter Urban has bought a 3.07-acre property in Naples and plans to build a new residential ...

The "Miracle Mile" in Naples has seen another eye-popping sale. A beachfront redevelopment site has fetched $92.5 million. The buyer: Kolter Urban, based in Delray Beach on Florida's east coast.

Kolter Group proposes 797-unit projects in Palm Beach Gardens. Rezoning is required; no City Council hearings scheduled yet.

The Palm 625 joins other luxury condo projects in the downtown Sarasota area. It is expected to be finished in 2026.

Several larger projects continue construction in downtown, including Kolter Urban and Property Markets Group developing two 18-story condo towers in The Quay Sarasota. Collins said that part of ...