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BH Group

Full company profile

uuid0007hrc

Namestring
BH Group
Legal namestring
Bellini Holding Group
Company typeenum
Private
Founded yearstring
-
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersRome, Italy
HQ citystring
Rome
HQ countrystring
Italy
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
luxury real estate development, branded condominium residences, waterfront residential projects, real estate joint ventures, South Florida real estate
NAICS code1 code
  • New Housing For-Sale Builders236117
SIC code1 code
  • General Bldg Contractors - Residential Bldgs1520
Product category
Luxury Residential Real Estate Development
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Luxury Condominium Sales
TypeOne Time License
Description

BH Group generates revenue through the development and sale of luxury branded condominiums. Units are sold at premium prices (starting at $3 million for Ritz-Carlton Residences), with revenue recognized upon closing. The company pursues joint venture structures with equity partners to share development risk and capital requirements.

therealdeal.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure
Pricing details1 tier
1Luxury branded residences starting at $3 million
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Ritz-Carlton Residences West Palm Beach units start at $3 million with 138 total units in 27-story tower. 70% pre-sold ahead of 2028 completion.

therealdeal.com
Offering typeServices
Services
Core offering1 text field

BH Group develops luxury branded residential condominium towers in South Florida through joint ventures with established developers such as Related Group and Mast Capital. Projects are delivered under prestigious hospitality brands including Ritz-Carlton, Rosewood, and Marriott International, with units sold directly to high-net-worth buyers, often pre-sold before construction completion. Turnkey furnishing solutions and waterfront site acquisitions are core to the offering.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 70% of Ritz-Carlton Residences units pre-sold ahead of 2028 completion
+2 more records
Product overview1 text field

BH Group is a South Florida real estate development company. Based on news sources, the company specializes in luxury residential development projects including branded condominium towers and mixed-use developments. Notable projects include Ritz-Carlton Residences West Palm Beach, Rosewood Residences West Palm Beach, and partnerships with Related Group, Lennar, Terra, and Mast Capital on various luxury residential developments across South Florida. The company website (belliniholding.com) does not provide detailed product or service information.

Product and service7 records
1Ritz-Carlton Residences, West Palm Beach
CategoryLuxury Branded Residences
2Rosewood Residences, West Palm Beach
CategoryLuxury Branded Residences
3Sunny Isles Beach Luxury Condo Tower
CategoryLuxury Residential Development
4Greenview at Presidential (Aventura)
CategoryLuxury Turnkey Residences
5Bayshore Park Redevelopment (Coconut Grove)
CategoryLuxury Residential Redevelopment
6The Quay at 17th Street (Fort Lauderdale)
CategoryMixed-Use Waterfront Development
7Flagler Drive Waterfront Towers (West Palm Beach)
CategoryLuxury Waterfront Residences
Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-18
Description

Terra and BH Group are partnering to acquire a 1.6-acre waterfront site at 2085 North Flagler Drive in West Palm Beach from billionaire Jeff Greene for approximately $100 million, with plans to develop two 31-story condo towers totaling 281 units. Greene purchased the land for $1.5 million in 2014, representing a 6,567 percent increase in value.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Miami-based Related Group and Aventura-based BH Group in joint venture for Rosewood Residences - a 27-story, 90-unit luxury condo tower at 2001 North Flagler Drive in West Palm Beach. Development team acquired 0.8-acre site for $34 million. Arquitectonica serving as architecture firm. BH and Related also partnering on Ritz-Carlton Residences tower and adjacent site purchase exceeding $90 million.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Related Group, Dezer Development and BH Group filed plans for a 62-story, 145-unit luxury condo tower in Sunny Isles Beach, Florida, months after completing a $131.8 million buyout of the 108-unit Miami Beach Club property at 19051 Collins Avenue. Project expected to cost approximately $294 million.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Modani Furniture partnered with national homebuilder Lennar and South Florida developer BH Group to become the preferred turnkey furnishing partner for the Greenview at Presidential luxury residential development in Aventura, Florida. Program allows buyers to purchase residences fully furnished, partially furnished, or unfurnished through designer-curated packages.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

National homebuilder Lennar partnered with Modani Furniture and BH Group for turnkey furnishing program at Greenview at Presidential in Aventura, Florida. Modani furnished a luxury Lennar model residence in Miami within 72 hours to demonstrate the turnkey solution.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

BH Group and Mast Capital paid roughly $6.9 million for seven remaining units at Bayshore Park, a 1967-built 39-unit condominium in Coconut Grove, completing their full acquisition of the property for a total of $28 million. Developers plan to terminate the condo association and redevelop the site into a luxury condo building.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

City of Fort Lauderdale approved waterfront Live Local Act redevelopment for The Quay at 17th Street involving partnership with The Related Group, BH Group, and Pebb Enterprises. Project will transform the site into a 33-story mixed-use development with residential units, commercial space, and waterfront public plaza.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Ritz-Carlton Residences, West Palm Beach developed by Related Group and BH Group in collaboration with Marriott International. 27-story waterfront tower with 138 branded residences, 70% pre-sold ahead of 2028 completion.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Related Group is the dominant South Florida luxury condo developer and BH Group's primary JV partner on Ritz-Carlton, Rosewood, Sunny Isles and Quay projects. Directly comparable in product (branded luxury waterfront towers), target buyer (HNW), and geography.

TypeDirect peer
Description

Terra is a Miami-based luxury residential developer partnering with BH Group on the 281-unit Flagler Drive project. Comparable product (high-rise luxury condos), geography (South Florida) and target market (HNW relocators).

TypeDirect peer
Description

Mast Capital is a South Florida condo developer partnering with BH Group on the Bayshore Park Coconut Grove redevelopment. Comparable in luxury condo repositioning strategy, submarket focus and JV-driven model.

TypeDirect peer
Description

Dezer Development is a Sunny Isles Beach-focused luxury condo developer partnering with Related and BH Group on the 62-story tower. Highly comparable product (oceanfront branded luxury towers) and geographic concentration.

TypeDirect peer
Description

Pebb Enterprises is a Fort Lauderdale-based real estate developer partnering on The Quay at 17th Street mixed-use project. Comparable in South Florida waterfront mixed-use and luxury condo development.

TypeDirect peer
Description

Witkoff Group is a major South Florida luxury condo developer with projects in Miami and Sunny Isles. Comparable in luxury waterfront branded condominium product targeting HNW buyers relocating from high-tax states.

TypeDirect peer
Description

PMG is a Miami-based luxury residential developer with branded condominium towers in South Florida. Directly comparable in product category (luxury waterfront branded towers), pricing tier and target HNW segment.

TypeDirect peer
Description

Fortune International is a Brickell-based luxury condo developer (e.g., Porsche Tower, Jade Signature) operating in the same South Florida luxury branded-condo category as BH Group with comparable pricing and buyer profiles.

TypeBroad incumbent
Description

Lennar is a national homebuilder partnering with BH Group on the Greenview at Presidential turnkey program. Comparable at the broader for-sale residential construction layer, though Lennar's scale, single-family focus and public-company status make it a broad incumbent rather than direct luxury-tower peer.

TypeOthers
Description

Douglas Elliman is the brokerage handling sales and marketing for BH Group's Ritz-Carlton Residences. Comparable as a luxury South Florida real estate distribution channel; operates in adjacent (sales/marketing) rather than development layer.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

BH Group

Luxury Residential Real Estate Developmentbelliniholding.it

BH Group firmographics

Firmographics
Name
BH Group
Legal name
Bellini Holding Group
Website
https://belliniholding.it
Company type
Private
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Where BH Group is headquartered

Location

Headquarters

HQ city
Rome
HQ country
Italy
HQ region
Europe

Offices1 record

Markets served

BH Group business model

Business model
Offering type
Services
Cost components
Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure

Revenue model

  1. Luxury Condominium Sales: BH Group generates revenue through the development and sale of luxury branded condominiums. Units are sold at premium prices (starting at $3 million for Ritz-Carlton Residences), with revenue recognized upon closing. The company pursues joint venture structures with equity partners to share development risk and capital requirements.

Pricing tiers

ModelBillingPrice
Unit PricingMulti-year contractLuxury branded residences starting at $3 million

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

BH Group product offering

Product offering

Core offering

BH Group develops luxury branded residential condominium towers in South Florida through joint ventures with established developers such as Related Group and Mast Capital. Projects are delivered under prestigious hospitality brands including Ritz-Carlton, Rosewood, and Marriott International, with units sold directly to high-net-worth buyers, often pre-sold before construction completion. Turnkey furnishing solutions and waterfront site acquisitions are core to the offering.

Product overview

BH Group is a South Florida real estate development company. Based on news sources, the company specializes in luxury residential development projects including branded condominium towers and mixed-use developments. Notable projects include Ritz-Carlton Residences West Palm Beach, Rosewood Residences West Palm Beach, and partnerships with Related Group, Lennar, Terra, and Mast Capital on various luxury residential developments across South Florida. The company website (belliniholding.com) does not provide detailed product or service information.

Differentiator

Problem solved

Functional benefit

Products and services

  • Ritz-Carlton Residences, West Palm Beach
  • Rosewood Residences, West Palm Beach
  • Sunny Isles Beach Luxury Condo Tower
  • Greenview at Presidential (Aventura)
  • Bayshore Park Redevelopment (Coconut Grove)
  • The Quay at 17th Street (Fort Lauderdale)
  • Flagler Drive Waterfront Towers (West Palm Beach)

Quantifiable outcome

  • 70% of Ritz-Carlton Residences units pre-sold ahead of 2028 completion
  • +2 more outcomes

Companies that use BH Group

Customer profile

Named customers4 records

Segments2 records

Ideal customer profiles1 record

BH Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

BH Group partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core and minor.

  • TerracoreStrategic or Co-development Partner · 18 June 2026Terra and BH Group are partnering to acquire a 1.6-acre waterfront site at 2085 North Flagler Drive in West Palm Beach from billionaire Jeff Greene for approximately $100 million, with plans to develop two 31-story condo towers totaling 281 units. Greene purchased the land for $1.5 million in 2014, representing a 6,567 percent increase in value.
  • Related GroupcoreStrategic or Co-development Partner · 1 January 2024Miami-based Related Group and Aventura-based BH Group in joint venture for Rosewood Residences - a 27-story, 90-unit luxury condo tower at 2001 North Flagler Drive in West Palm Beach. Development team acquired 0.8-acre site for $34 million. Arquitectonica serving as architecture firm. BH and Related also partnering on Ritz-Carlton Residences tower and adjacent site purchase exceeding $90 million.
  • Dezer DevelopmentcoreStrategic or Co-development PartnerRelated Group, Dezer Development and BH Group filed plans for a 62-story, 145-unit luxury condo tower in Sunny Isles Beach, Florida, months after completing a $131.8 million buyout of the 108-unit Miami Beach Club property at 19051 Collins Avenue. Project expected to cost approximately $294 million.
  • Modani FurnitureminorStrategic or Co-development PartnerModani Furniture partnered with national homebuilder Lennar and South Florida developer BH Group to become the preferred turnkey furnishing partner for the Greenview at Presidential luxury residential development in Aventura, Florida. Program allows buyers to purchase residences fully furnished, partially furnished, or unfurnished through designer-curated packages.
  • LennarminorStrategic or Co-development PartnerNational homebuilder Lennar partnered with Modani Furniture and BH Group for turnkey furnishing program at Greenview at Presidential in Aventura, Florida. Modani furnished a luxury Lennar model residence in Miami within 72 hours to demonstrate the turnkey solution.
  • Mast CapitalminorStrategic or Co-development PartnerBH Group and Mast Capital paid roughly $6.9 million for seven remaining units at Bayshore Park, a 1967-built 39-unit condominium in Coconut Grove, completing their full acquisition of the property for a total of $28 million. Developers plan to terminate the condo association and redevelop the site into a luxury condo building.
  • Pebb EnterprisescoreStrategic or Co-development PartnerCity of Fort Lauderdale approved waterfront Live Local Act redevelopment for The Quay at 17th Street involving partnership with The Related Group, BH Group, and Pebb Enterprises. Project will transform the site into a 33-story mixed-use development with residential units, commercial space, and waterfront public plaza.
  • Marriott InternationalcoreStrategic or Co-development PartnerRitz-Carlton Residences, West Palm Beach developed by Related Group and BH Group in collaboration with Marriott International. 27-story waterfront tower with 138 branded residences, 70% pre-sold ahead of 2028 completion.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

BH Group competitors and assessment

Company assessment

Direct peers

  • Related Group: Related Group is the dominant South Florida luxury condo developer and BH Group's primary JV partner on Ritz-Carlton, Rosewood, Sunny Isles and Quay projects. Directly comparable in product (branded luxury waterfront towers), target buyer (HNW), and geography.
  • Terra (Terra Group): Terra is a Miami-based luxury residential developer partnering with BH Group on the 281-unit Flagler Drive project. Comparable product (high-rise luxury condos), geography (South Florida) and target market (HNW relocators).
  • Mast Capital: Mast Capital is a South Florida condo developer partnering with BH Group on the Bayshore Park Coconut Grove redevelopment. Comparable in luxury condo repositioning strategy, submarket focus and JV-driven model.
  • Dezer Development: Dezer Development is a Sunny Isles Beach-focused luxury condo developer partnering with Related and BH Group on the 62-story tower. Highly comparable product (oceanfront branded luxury towers) and geographic concentration.
  • Pebb Enterprises: Pebb Enterprises is a Fort Lauderdale-based real estate developer partnering on The Quay at 17th Street mixed-use project. Comparable in South Florida waterfront mixed-use and luxury condo development.
  • Witkoff Group: Witkoff Group is a major South Florida luxury condo developer with projects in Miami and Sunny Isles. Comparable in luxury waterfront branded condominium product targeting HNW buyers relocating from high-tax states.
  • Property Markets Group (PMG): PMG is a Miami-based luxury residential developer with branded condominium towers in South Florida. Directly comparable in product category (luxury waterfront branded towers), pricing tier and target HNW segment.
  • Fortune International Group: Fortune International is a Brickell-based luxury condo developer (e.g., Porsche Tower, Jade Signature) operating in the same South Florida luxury branded-condo category as BH Group with comparable pricing and buyer profiles.

Broad incumbents

  • Lennar Corporation: Lennar is a national homebuilder partnering with BH Group on the Greenview at Presidential turnkey program. Comparable at the broader for-sale residential construction layer, though Lennar's scale, single-family focus and public-company status make it a broad incumbent rather than direct luxury-tower peer.

Others

  • Douglas Elliman: Douglas Elliman is the brokerage handling sales and marketing for BH Group's Ritz-Carlton Residences. Comparable as a luxury South Florida real estate distribution channel; operates in adjacent (sales/marketing) rather than development layer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

BH Group social profiles

Digital presence

BH Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

BH Group leadership team

Management profile

Number of profiles

BH Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

BH Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BH Group

What does BH Group do?

BH Group develops luxury branded residential condominium towers in South Florida through joint ventures with established developers such as Related Group and Mast Capital. Projects are delivered under prestigious hospitality brands including Ritz-Carlton, Rosewood, and Marriott International, with units sold directly to high-net-worth buyers, often pre-sold before construction completion. Turnkey furnishing solutions and waterfront site acquisitions are core to the offering.

Is BH Group a public or private company?

BH Group is a private company. It is classified as unknown and is currently operating.

When was BH Group founded?

BH Group was founded in -1. It employs 11 to 50 people.

Where is BH Group based?

BH Group is headquartered in Rome, Italy, in the Europe region.

How does BH Group make money?

One revenue line is on record: luxury Condominium Sales.

Who are BH Group's main competitors?

Direct peers on record are Related Group, Terra (Terra Group), Mast Capital, Dezer Development, Pebb Enterprises, Witkoff Group, Property Markets Group (PMG) and Fortune International Group. Lennar Corporation is listed as a broad incumbent. Douglas Elliman is listed as an others.

Does BH Group have an API?

No public API is recorded for BH Group.

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Live signals
The Real DealHollywood proposes upping building heights near historic hotel as coastal cities reevaluate regulationsThe City of Hollywood is proposing to create a Hollywood Beach Overlay District that would allow buildings up to 340 feet near the historic Hollywood Beach Resort, representing a significant relaxation of current height restrictions. The proposal is tied to redevelopment plans by BH Group and Related Group, who have the 398-key resort under contract from the Chetrit Group, with Terra potentially joining the venture. The Planning and Development Board will vote on the proposal August 11, and if approved, the overlay district would remain in place for five years before evaluation.The Real DealKolter boosts North Beach assemblage with $18Min condo unitsThe Kolter Group paid $18.2 million for two ground-floor commercial condo units and 10 residential condos in Miami Beach's North Beach neighborhood as part of a joint venture with BH Group. The commercial portion at 6981 Collins Avenue sold for $14.4 million from Elysee Investment Company and Joseph Cohen, representing a 1,000+ percent value increase from the $1.25 million sale in 2002. The acquisition expands Kolter and BH's existing assemblage along Collins Avenue, including the Normandy Plaza Hotel and Crystal Beach Suites Miami Oceanfront Resort, for which they've proposed a 17-story luxury condo redevelopment.The Real DealTerra, BH to pay $100M for billionaire Jeff Greene’s West Palm landTerra and BH Group are partnering to acquire a 1.6-acre waterfront site at 2085 North Flagler Drive in West Palm Beach from billionaire Jeff Greene for approximately $100 million, with plans to develop two 31-story condo towers totaling 281 units. Greene purchased the land for $1.5 million in 2014, representing a 6,567 percent increase in value. The project joins a surge of condo development in the area, with over 2,000 units currently in the planning stages across West Palm Beach.The Real DealBH Group closes on 151-acre golf course buy after settling litigation with StraubBH Group closed on a $20.8 million purchase of a 150.5-acre golf course in Palm Beach County after settling litigation with developer Glenn Straub. The deal, approved May 11, has both parties paying their own attorneys' fees. BH plans a luxury single-family home community on the site.PR NewswireModani Furniture, BH Group, and Lennar Unveil Partnership Program for Turnkey Luxury LivingModani Furniture announced a partnership with national homebuilder Lennar and South Florida developer BH Group to become the preferred turnkey furnishing partner for the Greenview at Presidential luxury residential development in Aventura, Florida. The program allows buyers to purchase residences fully furnished, partially furnished, or unfurnished through designer-curated packages including furniture, lighting, artwork, and décor with complimentary design consultation, white-glove delivery, and installation services. Modani furnished a luxury Lennar model residence in Miami within 72 hours to demonstrate the turnkey solution, which targets convenience-driven buyers, second-home owners, and investors seeking a seamless luxury living experience.Florida YIMBY$360 Million Construction Loan Secured For Icon Beach Waterfront Residences In HollywoodRelated Group and BH Group secured $360 million in construction financing from Tyko Capital for Icon Beach Waterfront Residences, a 38-story condominium tower in Hollywood Beach. The development will contain 350 waterfront residences with a marina and beach club, with construction starting in May and completion expected in 2028.South Florida Agent MagazineRitz-Carlton Residences, West Palm Beach lands $200M construction loanThe Ritz-Carlton Residences, West Palm Beach secured a $200 million construction loan from Madison Realty Capital for a 27-story waterfront tower featuring 138 branded residences. The project, developed by Related Group and BH Group in collaboration with Marriott International, has over 70% of its units sold ahead of a scheduled 2028 completion. The financing reflects strong confidence in the West Palm Beach luxury residential market, which has seen record growth in waterfront property values.Hotel Investment TodayBranded residential boom continues in S. FloridaMiami-based Related Group and BH Group have secured $200 million in construction financing from Madison Realty Capital for The Ritz-Carlton Residences, West Palm Beach — a 27-story, 138-unit waterfront tower with 70% of units already sold ahead of a 2028 completion. The project is part of a broader surge in branded residential developments across South Florida, with multiple luxury projects including Mandarin Oriental, Four Seasons, and Aman-branded residences announced in the region. West Palm Beach has seen accelerated interest following increased national attention from President Trump's frequent visits to his nearby Mar-a-Lago estate.The Real DealRelated, BH score $200M loan for Ritz-Carlton condos in West Palm BeachRelated Group and BH Group secured $200 million in construction financing from Madison Realty Capital for their planned Ritz-Carlton Residences tower in West Palm Beach, Florida. The 27-story, 138-unit development is 70% pre-sold with $150 million in sales over the last six months, reflecting strong demand for luxury branded condominaries in the market. Douglas Elliman is handling sales and marketing for the project, with units starting at $3 million and construction expected to complete in 2028.The Real DealPlans revealed for Related, Dezer and BH’s Sunny Isles luxury condo towerRelated Group, Dezer Development and BH Group filed plans for a 62-story, 145-unit luxury condo tower in Sunny Isles Beach, Florida, months after completing a $131.8 million buyout of the 108-unit Miami Beach Club property at 19051 Collins Avenue. The project, designed by Cohen Freedman Encinosa & Associates Architects, is expected to cost approximately $294 million with an anticipated completion date of December 2031. The developers are seeking up to five years from approval to obtain a building permit and up to five years from permit issuance to complete construction.