Category: Top Stories

Miami Commercial Real Estate News April 16, 2025: Convention Center Hotel Dev Lands $392M Loan; 41-Story 234-Unit LLA Dev Proposed for Wynwood Norte; More…

Apr 16, 2025 - Top Stories - 0 Comments - Standard

Terra, Fortune pay record $205M for waterfront Key Biscayne development site David Martin partnered with Edgardo Defortuna to pay a record $205 million for a Key Biscayne development site where they plan a 56-unit ultra-luxury condo building. Martin’s Miami-based Terra and Defortuna’s Miami-based Fortune International Group acquired the former Silver Sands Beach Resort property at 301 […]

Miami Commercial Real Estate News April 9, 2025: AI Datacenter Developer Buyers 4+ Acres in Miami’s Airport West; Miami Multifamily Rent Declines Year-Over-Year;

Apr 09, 2025 - Top Stories - 0 Comments - Standard

Brickell’s Mandarin Oriental Closing Soon To Make Way For 850-Foot Tower Brickell’s Mandarin Oriental hotel will close next month to make way for two new towers, according to the SFBJ. The closing date is May 31, according to an employment notice filed with the State of Florida. Two new towers are planned to be built […]

Miami Commercial Real Estate News April 2, 2025: $3B Little River MXU Development Approved; $2B MXU Development Announced for Midtown Miami; More…

Apr 02, 2025 - Top Stories - 0 Comments - Standard

Miami-Dade County Commission Approves $3B Little River District Mixed-Use Development  The Miami-Dade County Commission has granted final approval for Little River District, a $3 billion mixed-use development in Miami’s Little River and Little Haiti neighborhoods. SG Holdings, a joint venture between Swerdlow Group, SJM Partners and Alben Duffie, is the developer. Spanning 63 acres, the […]

Miami Commercial Real Estate News March 26, 2025: Wynwood Norte Projects Approved; 230-Unit Multifamily Trades for $72M; More…

Mar 26, 2025 - Top Stories - 0 Comments - Standard

Sabet and Evolve’s proposed projects in Miami’s Wynwood Norte and near Edgewater get green light Miami architect Kobi Karp pulled off a double play, scoring a green light on designs for a pair of apartment projects near Edgewater and Wynwood Norte. On Wednesday, the Miami Urban Development Review Board approved 1600 Edgewater, Sabet Group’s 33-story tower […]

Miami Commercial Real Estate News March 20, 2025: 2,400 Multifamily Units Planned on Biscayne Blvd; Mapping Canceled or Delayed Office Projects; More…

Mar 20, 2025 - Top Stories - 0 Comments - Standard

First Tower Of 800+ Unit Project Proposed In Health District Related Urban has submitted a Zoning Verification Letter to Miami-Dade planners for a property in Miami’s Health District. The project name for the proposed development is listed as Gallery at Wagner Creek. Gallery at Wagner Creek’s North Tower is proposed to rise 27 stories. It […]

Miami Commercial Real Estate News March 12, 2025: 5,730 Multifamily Units with WF Housing Proposed to Replace Public Housing Complexes; More…

Mar 12, 2025 - Top Stories - 0 Comments - Standard

Developer plans 163-unit Live Local Act project near West Little River, amid flurry of proposals under state law A developer proposes a 163-unit Live Local Act multifamily project near West Little River, as the industry continues to seize on the state affordable housing law. Dan Ainuz, a residential real estate investor and developer, wants to build […]

Miami Commercial Real Estate News March 5, 2025: The “Current at City Center” $1.5B Cutler Bay Redev Breaks Ground; More…

Mar 05, 2025 - Top Stories - 0 Comments - Standard

Inter Miami’s New Soccer Stadium Now Taking Shape Inter Miami’s new stadium at Miami Freedom Park is now rising, a new photo shows. The 25,000 seat stadium is being built as part of a 130-acre development next to Miami International Airport. In addition to the stadium, the development will eventually have around 600,000 square feet […]

Miami Commercial Real Estate News February 26, 2025: Wynwood, Edgewater Dev Sites Hits Market for $16M, $32M, Respectively; Developer Buying Near Brickell City Centre for 720-Foot Tower; More…

Feb 26, 2025 - Top Stories - 0 Comments - Standard

Xebec Realty slashes Miami industrial portfolio in half, sells warehouse for $27M Xebec Realty Investments is down to one warehouse project in Miami-Dade County after selling a Liberty City industrial property for $26.8 million. Dallas-based Xebec Realty, led by CEO Randy Kendrick, sold a 85,483-square-foot facility built in 2023 at 1010 Northwest 72nd Street, records and […]

Miami Commercial Real Estate News February 19, 2025: $1B Transit-Oriented Dev Breaks Ground; Edgewater Condo Buyout Impasse Update; More…

Feb 19, 2025 - Top Stories - 0 Comments - Standard

Terra Breaks Ground on Upland Park in West Miami-Dade, A $1 Billion Transit-Oriented Development Terra has officially broken ground on Upland Park, a $1 billion mixed-use community that will transform the Dolphin Park-and-Ride Transit Terminal Facility into a 47-acre, transit-oriented development. Conceived in partnership with Miami-Dade County, the project will bolster public transit ridership while […]

Miami Commercial Real Estate News February 12, 2025: North Bay Village Multifamily Trades for $83M; 661-Unit Hialeah TOD Breaks Ground; More…

Feb 12, 2025 - Top Stories - 0 Comments - Standard

Live Local Project The HueHub with 4,000 Units Moving Through Site Plan Approval A massive Live Local development is continuing through the site plan approval process. The development name is listed as The HueHub in plans prepared by architect Arquitectonica and submitted to the county. The first site plan application for The HueHub was submitted […]

Miami Commercial Real Estate News February 5, 2025: 82-Story $850M Supertall Planned for Miami CBD; AT&T Sells 10 South Florida Sites for $63M; more…

Feb 05, 2025 - Top Stories - 0 Comments - Standard

Groundbreaking Ceremony Held for Ella Miami Beach, a 10-Story Condominium at 6940 Abbott Avenue in North Miami Beach Construction is officially underway on Ella Miami Beach, a 10-story, 103-unit boutique condominium at 6940 Abbott Avenue in North Beach. Developed by Constellation Group and The Boschetti Group, the project aims to bring a contemporary take on […]

Miami Commercial Real Estate News January 29, 2025: Amazon Signs Record Setting Wynwood Lease; Brickell Supertall Office Development Nixed; More…

Jan 29, 2025 - Top Stories - 0 Comments - Standard

Amazon to Anchor 1 MSF Wynwood Plaza Mixed-Use Development Amazon (NASDAQ: AMZN) has signed on to anchor Wynwood Plaza, a 1 million-square-foot mixed-use campus nearing completion in Miami’s Wynwood Arts District. The Seattle-based e-commerce giant will occupy 50,333 square feet within the development’s 12-story office tower that is set to deliver in the coming months. […]

Miami Commercial Real Estate News January 22, 2025: $390M Scored for Miami Beach Development; Trump Gets Approval for $3B Doral Project; More…

Jan 22, 2025 - Top Stories - 0 Comments - Standard

Viceroy Residences Aventura Announced for 19790 W Dixie Highway Viceroy Residences Aventura, a 274-unit branded residential development, has been announced as the first of its kind in Aventura. Developed by Related Group and BH Group in partnership with Viceroy, the project is designed by Arquitectonica with interiors by DesignAgency. Sales, exclusively represented by Cervera Real […]

Miami Commercial Real Estate News January 15, 2025: Entertainment Development Planned for Marlins Stadium; More…

Jan 15, 2025 - Top Stories - 0 Comments - Standard

Miami Marlins, Cordish Partner to Develop Miami Live! Entertainment Destination at loanDepot Park Major League Baseball’s Miami Marlins have formed a partnership with The Cordish Companies to develop Miami Live! at loanDepot Park, the home ballpark of the Marlins. The entertainment destination in the city’s Little Havana neighborhood will feature indoor-outdoor dining and entertainment spaces […]

Miami Commercial Real Estate News January 8, 2025: Brickell Waterfront Assemblage Under Contract for $520M; $291M Refi Nabbed for Little Havana MXU Dev; More…

Jan 08, 2025 - Top Stories - 0 Comments - Standard

Developers Under Contract for $520M Waterfront Assemblage at 1001 and 1111 Brickell Bay Drive in Brickell Oak Row Equities and Mariposa Real Estate have reached an agreement to acquire Aimco’s 4.25-acre waterfront property at 1001 and 1111 Brickell Bay Drive for $520 million. This transaction, expected to close in the fourth quarter of 2025, will […]

Miami Commercial Real Estate News December 30, 2024: Doral Industrial Sells for $57M; $740M Refi & Construction Loan Landed for Bal Harbour Shops Expansion; Biggest 2024 Deals; More…

Dec 30, 2024 - Top Stories - 0 Comments - Standard

Prologis pads its South Florida industrial portfolio, pays Codina $57M for Doral warehouse Prologis is ending the year with South Florida’s eighth largest industrial deal of the past 12 months, paying $57 million for a Doral warehouse. An affiliate of Coral Gables-based Codina Partners, led by Armando Codina and Ana-Marie Codina Barlick, sold the 157,214-square-foot facility […]

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