County flyspecks lease for big film studio
“There’s no news, which is probably good news,” on negotiations for a mammoth studio complex comprising 11 sound stages and 4 million cubic feet of water in 10 giant tanks, said Rodolfo Paiz, a principal of Miami Ocean Studios LLC. His company is in lease negotiations for 160 acres…
Questions fly on new I-395 bridge
Design-build contracts for a long-awaited “signature bridge,” part of an upgrade of I-395 from west of I-95 to the MacArthur Causeway, will be advertised next year. But Metropolitan Planning Organization members are already discussing specific challenges, as well as whether the project…
Brickell condo development may slow
Riding a five-year trend of high absorption levels, developers planned another robust year of new construction in Brickell’s hot condo market. But early signs suggest 2016 might be different. The market took delivery of well over 1,000 units in 2015, and about three times that many sit on the…
High-profile site may add riverwalk
A high-profile site near the mouth of the Miami River downtown may finally be opened to the public as part of an extended riverwalk. The additional riverwalk would be temporary, for perhaps one year, while the property’s new owner lines up permits and other approvals needed to build a luxury…
Wynwood to fund workforce housing
Of all the legislative changes made this year designed to encourage the continued evolution of the Wynwood Arts District, one item remained in limbo for months. After fine-tuning and tweaking and re-tweaking, Miami city commissioners in December finally adopted an ordinance creating a new public…
South Beach Shoe Store Property Sells For $2,766 PSF
A Canadian company sold nine commercial condo units where the shoe store is a tenant.
One Thousand Museum Plows Ahead With Plaza Construction, Releases New Renderings
Downtown Miami’s sexiest new development in One Thousand Museum by Zaha Hadid Architects is moving along, coming to an agreement with Plaza Construction during the holiday break while its future exoskeleton piece from Dubai has shipped for the northeast exterior…
The PATH Act And Now-Permanent Property Depreciation Rules
The Protect Americans From Tax Hikes (PATH) Act was signed into law days ago by President Obama, a bill that rolls together a great many temporary IRS rules and makes them permanent. Included in the long…
Attorney: Miami Open all but certain to leave Key Biscayne
The Miami Open is all but certain to leave Key Biscayne because of a court decision, a lawyer for the tennis tournament said Wednesday. The ruling blocks the tournament from upgrading its complex on the island near Miami. Tournament officials have long said improvements are essential if the event…
Competing Visions Create Rift In Trendy Wynwood District
The plan to create a 9-million-square-foot development is provoking backlash from residents and business owners fearing it will kill the creative hipster vibe in the old industrial district.
What Will Define Miami’s Office Market in ’16?
Miami’s office market continues its rise from the doldrums. But what should we expect in the year ahead?
Dream Downtown Converting Offices to Hotels
“We were able to craft a creative recourse burn-off structure, coupled with flexible reserves, to box in the potential recertification risk.”
Largest Office Sale in Aventura Closes
In the sale, Steelbridge Capital nearly doubled the price it paid in December 2012.