An Italian developer closed on the site of a planned Hollywood apartment project, adding to a growing pipeline of multifamily developments in South Florida. Coral Gables-based Calta Group, led by founders and brothers Ignazio and Gaetano Caltagirone, and Managing Partner Igor Blatnik, paid $9.5 million for the 1.6-acre property at 2215 Hollywood Boulevard. Calta plans an eight-story, 180-unit development on the site, Gaetano Caltagirone said. The $70 million project, designed by Reinaldo Borges of Borges Architects & Associates, will include a pool, business center, gym, live-work spaces and ground floor retail, according to a press release. Construction is expected to begin in the fourth quarter. Property records show Hollywood Construction & Development LLC, led by Joseph Horn, sold the site to Calta. The property is currently home to low-rise commercial buildings. It’s west of Young Circle in downtown Hollywood.

1. Miami International Airport, Miami Beach and Coconut Grove.
   Miami International Airport, Miami Beach and Coconut Grove.

2. Miami International Airport, Miami Beach and Coconut Grove.

More than 100 VIP guests joined on Thursday, to celebrate the official unveiling of Via Veneto, a highly-anticipated collection of 10 elegant townhomes located in the heart of Coral Gables. Event-goers were treated to an up-close look at the sleek finishes and refined features that will define daily living at the sophisticated boutique development and were the first to see the debut of the Via Veneto Sales Gallery while enjoying an evening of delectable hors d’oeuvres and cocktails by noted Coral Gables restaurant Tullio. Developed by The Calta Group, a real estate, development, and construction company led by Ignazio and Gaetano Caltagirone, Via Veneto is the essence of opulence. Situated at the crossroads of Sevilla and Palermo at 915 Palermo Avenue, residents will be walking distance to many of the area’s treasured landmarks such as The Biltmore Hotel, Venetian Pool, Desoto Plaza and the world famous Miracle Mile with its dazzling array of boutiques, off-Broadway shows, musical performances art galleries and fine restaurants. Nearby, the City Beautiful’s finest private and public schools, parks, recreational facilities, golf courses and tennis courts await. Adding to this exceptional lifestyle is the proximity to Miami International Airport, Miami Beach and Coconut Grove.

• Miami International Airport, Miami Beach and Coconut Grove