Miami speeds ahead with plans for boat show The Miami City Commission on Thursday voted to authorize a 10-year contract with a local company that plans to erect custom tents and temporary structures for the Miami International Boat Show, which next year is moving to Marine Stadium, despite vehement opposition from Key Biscayne. Mayra Lindsay, […]
Verzasca Group to Develop 19-Story Luxury Tower in North Miami Beach Verzasca Group will break ground next month on a proposed 19-story, 121,600-square-foot luxury residential tower at 17550 Collins Ave. in North Miami Beach, FL. No stranger to the South Florida development scene, the buyer has two other projects in development in Bay Harbor Islands, […]
I’m not so sure about the music choice in this (tip: mute), but it makes for a good highlight reel of the tallest buildings in the city, both existing and to be constructed. Properties mentioned in this video include: Plaza Brickell Tower; Marinablue; Miami Tower; Infinity at Brickell; Mint at Rivermont; Wells Fargo Center; 900 […]
Mount Sinai Planning To Build A New Eight Story Hospital Tower In Miami Beach Mount Sinai Medical Center wants to build a new eight-story tower on their Alton Road campus in Miami Beach. The project includes the renovation of part of the existing facilities, with the new tower above the renovated space. It is a […]
The Frost Science Museum will be another fine addition to the City of Miami. Watch it being built here.
Foreclosure Roundup: 3 big South Florida commercial properties head to auction Headway Office Park in Lauderdale Lakes is headed to auction after its owner lost a $12.9 million foreclosure judgment. Wells Fargo Bank, representing a commercial mortgage-backed securities (CMBS) trust, won the judgment against SRA/Sunrise Development over a $10.8 million mortgage, plus interest and fees. […]
The long awaiting Coconut Grove location of Panther Coffee has its doors open, greeting people and introducing them to the new location as they prepare for their opening (they say) Monday. Panther is one of a slate of new tenants that make up part of an upgrade of the Engle Building since its acquisition by Arquitectonica.
A multiple listing service, typically referred to as simply “MLS,” is a set of services that enables real estate brokers to establish offers of compensation, i.e. to share commissions, among brokers. It facilitates cooperation with other broker participants as it accumulates and disseminates information among members and to a lesser extent with the public. It […]
On January 18, 1977, the pressure gradient between a ridge over the Mississippi Valley and a Nor’easter over Atlantic Canada sent extremely cold temperatures south into the state of Florida. By early morning before sunrise on January 19, West Palm Beach had reported snow for the first time on record, and snow flurries had fallen […]
Development Du-Jour: City of Doral Gets its Very Own Little ‘Midtown’ Move over Midtown Miami, Doral is getting a ‘Midtown’ development of its own. As of September 2014, Phase One for Midtown Doral was about 70% sold and they are moving quickly to complete four of this phase’s 8-story residential buildings, consisting of 509 residential […]
Given that the Panama Canal expansion is bound to have a massive effect on the Miami economy and thus its commercial real estate, we thought we would share this fairly recent video update of its progress. More resources related to the Panama Canal expansion and its effect on Miami’s economy and commercial property: Video: $5.25 […]
WSJ: LeFrak and Soffer Property Dynasties Team Up to Fund Miami Project Developers are digging deep into their own pockets to pull off megaprojects in South Florida. In the latest example, two prominent families, the LeFraks of New York and the Soffers of South Florida, are teaming up on a $4 billion, 183-acre development on […]
A recent study from the Miami Downtown Development Authority (DDA) about the recent trends in office markets in South Florida has shown a marked increase in business in the Miami-Dade County region. The study included in-depth research into the markets of Coral Gables, Miami-Airport, Boca Raton and the downtown region of Fort Lauderdale in addition to […]
Pics of Marriott Marquis Miami Worldcenter Hotel to open fall 2018 MDM Group revealed the opening time-frame and a first look at Marriott Marquis Miami Worldcenter Hotel & Expo Center at a media event Tuesday. The developer says the 1,800-room hotel will be delivered fall 2018 and generate more than $1 billion in local tax revenue […]
