Keyes Commercial Realty
American Dream Miami developer secures more land for mega mall
Triple Five Group has locked up an additional 24.6 acres in northwest Miami-Dade County, where it plans to build American Dream Miami, the largest mall and theme park in North America. International Atlantic, an affiliate of the Edmonton, Alberta-based company, recently purchased a 15-acre site for $6.8 million from Rocoo…
Redevelopment of former immigration building into mixed-use center begins
The redevelop of the former U.S. Immigration Naturalization Service building in Miami into the mixed-use Triton Center has kicked off. Florida Fullview Immigration Building, managed by Leo Wu, is building a 139-room hotel, 324 apartments, 17,000 square feet of retail and 576 parking spaces in the 12-story building at 7880 Biscayne…
All-Aboard Florida gets final downtown land
All Aboard Florida has closed on the final land it needs to redevelop six blocks of downtown, as nearly 100 workers continue to forge the foundation of a new train station that will bring passenger rail to Miami’s urban core.
All Aboard Florida just closed on 2 acres in Overtown, a move that…
Brickell City Centre makes towering change
Brickell City Centre announced Tuesday the rebranding of its office component to incorporate two Class A office buildings equaling 260,000 square feet, both of which will be ready by year’s end. Although the project long has been known to include the two office buildings, the rebranding of its…
Wealthy Chinese targeting business in Miami
Twenty-two wealthy Chinese art collectors with ties to real estate have expressed interest in visiting Miami this year to explore the city’s business environment and investment opportunities. Invited by Peng Lu, associate provost of international programs at Florida International University…
Cooper City’s Monterra apartments sold for $56M to Morguard
Morguard Corp. acquired the apartment community in Cooper City’s Monterra neighborhood for $55.7 million. Jag-Star Monterra, part of McLean, Virginia-based Jefferson Apartment Group, sold the 252 apartments at 8101 to 8191 Solano Ave. to Morguard Monterra, an affiliate of the Kenner, Louisiana-based apartment investor. The 281,510…
What Will Change After Bal Harbour Shops’ $400M Upgrade?
Stanley Whitman wasn’t afraid to break the rules. He knew just what he was doing when he created the Bal Harbour Shops nearly 50 years ago—although not everyone necessarily agreed with his approach at the time. Trees in the parking lot? “No one does that. It breaks up the asphalt, takes up parking spaces, and makes the lot harder to clean.”
Court time nears for tennis stadium
Although a county committee ultimately recommended that the Aviation Department waive competitive bidding for proposed leases with three high-profile local entities at Miami International Airport, Commissioner Dennis Moss expressed frustration last week that a report he requested on the process was …
Mega-marina begins artificial reef
Flagstone Property Group’s work to build the area’s first deep water marina for super-yachts includes creation of an artificial reef. Flagstone is developing a corner of city-owned Watson Island into a multi-million dollar resort called Island Gardens. The developer said this week it has…
LNR Partners Trades 197,000 SF Retail to Miami-based Investor in REO Sale
The Shoppes at Jupiter, a 196,941-square-foot shopping center located at 201 N US Highway 1, sold for $27.8 million or approximately $141 per square foot. It closed as an REO transaction to an investment group called Orion Venture XI Jupiter, based in Miami. Built in 1981, the 24-acre retail site…
Blasts from the Past: Miami’s Kitschy Little Science Museum Closed Last Week
The intimate, much loved, and kitschy little Miami Science Museum closed its doors over the weekend with a nostalgia-fueled party Friday night, after fifty five years of field trips, planetarium shows…
If neighborhoods were tech companies, the Design District might be Apple, because the attention to aesthetics is proving incredibly all-encompassing. According to the Next Miami, the developer of the high-end retail and design area Design District Associates, was granted…
FAA Rejects Plans For Tall Miami Towers. Now What?
Builders have the option of sitting down with federal bureaucrats to modify their plans and work out compromises or can engage in a technical process called “public circularization” to challenge the FAA’s judgment.
Fortune International, Chataeu win ruling against Sunny Isles Beach condo association
A Miami-Dade County judge ruled against a condominium association in Sunny Isles Beach in its lawsuit against developers Fortune International Group and Chateau Group, which control five units in the building. The developers are building the 52-story Ritz-Carlton Residences, Sunny Isles Beach condo tower next door to…
Why Miami’s global impact should grow — not wane — as foreign currencies decline
During the height of the Great Recession, naysayers predicted that it would take about 20 years to absorb the glut of new construction in South Florida. For at least that long, they predicted, South Florida would wallow in economic misery, its nascent popularity as a premier global destination fading…
Aventura Mall to add Robert Graham store to luxury lineup
Global fashion retailer Robert Graham announced it will join Aventura Mall’s luxury lineup in November. The New York-based apparel brand has promised to carry the complete Robert Graham collection, including men’s sportswear, premium denim, furnishings, accessories, outerwear, eyewear, footwear, jewelry…