Downtown Miami
TriStar and RFR seeks renovation of historic Lincoln Road building for retail
TriStar Capital and RFR Holdings will go before the Miami Beach Historic Preservation Board on Tuesday morning seeking permission to renovate and expand a building on Lincoln Road for retail. A joint venture between the New York developers bought the 17,642-square-foot building at 800 Lincoln Road f or $88.2 million in 2014 from…
Spanish Billionaire Buys Stretch Of Miami Beach’s Lincoln Road For $370 Million
The price tag of about $7,700 per square foot of land represents the second largest real-estate deal in Miami-Dade County history.
Foreclosure Roundup: River Landing retail project in Miami in dispute with lender
Two major commercial foreclosure lawsuits were recently filed in Miami-Dade County, although a Broward County surgical center resolved its problems with its lender. The River Landing retail project in Miami’s Health District hasn’t broke ground yet, and first it must resolve a foreclosure lawsuit.
Fort Lauderdale to consider condos at Hyatt Regency Pier Sixty-Six, new hotel
Fort Lauderdale officials will review two major development proposals on Tuesday, the addition of condos and office space to the Hyatt Regency Pier Sixty-Six and a dual-branded hotel downtown. The city’s Design Review Committee will provide comment on both projects, but it’s up to the city council to determine their fate at a later time.
Sheridan Healthcare To Move HQ To 221,000 SF In Plantation
The new space will initially hold more than 1,000 Sheridan corporate employees.
Work has Already Started on that Huge New Nike Store Now Owned by the Founder of Zara
The big, three-level, Touzet Studio-designed Nike Store complete with rooftop basketball court coming to the corner of Lincoln Road and Lenox Avenue has already begun demo/construction, with fencing up and excavators and stuff scattered about. Meanwhile news just broke…
Craig Robins and Jackie Soffer, Two Very Different Miami Real Estate Giants, Just Got Married
Ending a courtship that began when Jackie sued Craig over a shared private jet, two very different giants of Miami real estate from very different real estate families, Craig Robins, developer of the super-high-design…
Study: EB-5 Challenges, Successes
Since 1990, the EB-5 visa program has been a tool for converting international capital flows into local economic development and employment, creating jobs in targeted areas and offering foreign investors visas for doing so. Funds from foreign investors are often channeled into capital for commercial…
Washington Avenue Revival in Miami Beach
Miami Beach city commissioners nodded favorably to an ordinance that could change the face of Washington Avenue. They would allow new height limits for most buildings and adding parking spaces converted to temporary patios for outdoor dining. This is designed to increase…
Investors love real estate funds – for now
Real estate investors are much happier with their returns than in past years but are also anxious over valuations, according to a new survey by research firm Preqin. In the survey, conducted among investors in private…
BBX buys into Centra Falls in Pembroke Pines
The real estate division of Fort Lauderdale-based BBX Capital Corp. said it made a “minority investment” in Centra Falls, a townhome community development in Pembroke Pines, which Label & Co. is developing. A grand opening of Centra…
Miami retail development trend near a peak
Retail development has surged in South Florida, but the trend may be near a peak in Miami-Dade County, according to a research report by Chicago-based commercial real estate firm JLL. Retail space occupancy rates average 95.9 percent in Miami…
Investors flock to Flagler Street in downtown Miami
Moishe Mana recently paid $6.8 million for the Metro Beauty building at Flagler Street and Miami Avenue in downtown Miami . The long-overlooked Flagler Street corridor in downtown Miami has become a money magnet as investors buy some of the city’s oldest…
Are Millennials Starting to Buy Single-Family Homes?
There’s no lack of discussion about Millennials and the housing market. Where do single-family homes fit in?…