Keyes Commercial Real Estate
Developer Submits Plan For 649-Foot Tower On City Hall Site In Edgewater
The Federal Aviation Administration is now reviewing a developer’s plan to build what could become the tallest building in Edgewater. If approved, the tower would rise to a height of 643-feet above ground, or 649-feet above sea level. It would be built on the property where the City Hall restaurant is now operating, at the corner…
Miami Taxpayers Help Jogre Perez Get Rich Off Affordable Housing
This past March 3, local officials gathered to celebrate the opening of a 34-unit affordable-housing apartment complex in the leafy, middle-class Miami neighborhood of Shenandoah. County Commissioner Bruno Barreiro and Cuban radio personality Martha Flores snipped the red ribbon.
Proposed rooftop lounge on Lincoln Road up in the air
Plans for a new lounge at the former Sony building at 605 Lincoln Road hit a snag at Miami Beach City Hall Tuesday afternoon. Michael Wilkings, a London-born entertainment executive from Toronto, told The Real Deal his company Howard Hospitality Group has a contract to buy 605 Lincoln Road’s rooftop space from the current owner…
Best Western’s Hipster Boutique Vib Coming to Edgewater
Think of Best Western and you think, “Well, that’s a hotel….” Best Western operates an approximate 4,000 hotels across the globe. Its portfolio includes everything from roadside motels to four-star European resorts, but every single last one of them is called Best Western (or BWs in some markets). Nicer ones are dubbed…
Up in Lights: Technicolor Tower of Lights Will Crown a New Silicone Beach
Developer Michael Simkins’ recently-announced Miami Innovation Tower, which local media has been sloppily characterizing as a ‘giant LED billboard’ planting a stake in the desolate, long-neglected Overtown/Park West neighborhood, will be the centerpiece of a 7 million square foot…
Light Up Tourist Traps: 633-Foot Media Tower Will Boast Observation Deck, Shopping
The 633-foot tall digital media tower that developer Michael Simkins and SHoP Architects are bringing to Overtown will, somewhat unsurprisingly, have multiple restaurant levels at the middle and top, as well as an observation deck above the middle clump of restaurants, within the structure, which…
Sleeping Around: Best Western going boutique with Vib, opening in Omni District…
Best Western, the hotel chain that just kind of blends in to the woodwork, like, in every way, is launching their best effort at a boutique hotel chain in the Omni District. The new hotel will be called Vib, pronounced Vibe, and will look just like every other Vib, according to a generic rendering…on [South Florida Business Journal]3. Grove Isle resort to close amid controversy over private island’s future…
Two Coconut Grove office buildings sold for $42M
Put up your dukes, developers: Paramount Miami Worldcenter gets boxing ring
Got a dispute with the Paramount Miami Worldcenter’s condo association? Lace up your gloves and step into the ring. The pre-construction luxury tower is adding another feature to its long list of amenities: a boxing ring…
Miami ranks in top 10 global cities for prime RE: Christie’s report
In Miami, foreign buyers purchasing second homes represented 40 percent of luxury sales in Miami last year — compared to 44 percent in London. That’s according to a Christie’s International Real Estate report released Thursday, which states that Miami is among the top…
Faena Miami Beach lands $80M construction loan
Alan Faena’s Miami Beach development received an $80 million construction loan, The Real Deal has learned.
HSBC granted the mortgage to 3420 Collins Avenue LLC, a company tied to Faena and his Saxony Hotel, according to Miami-Dade County records. Faena…
Doral mayor’s son buys Buena Vista church near Design District
Equity One, Duke Realty, Franklin Street Properties REITs report mixed Q1 earnings
Real estate investment trusts Equity One, Duke Realty Corp. and Franklin Street Properties reported a range of first quarter earnings this week. Each of the REITs has significant interests in South Florida. Equity One reported $8 million or 6 cents per…