Category: Top Stories

Miami Commercial Real Estate News September 18, 2024: 124-Key Hotel Approved for Doral as 832-Key Hotel is Proposed for Brickell; $172M Financing Scored for Edgewater Tower; More…

Sep 18, 2024 - Top Stories - 0 Comments - Standard

House Of Wellness Hotel Proposed In Brickell, With 832 Lodging Units A pre-application has been filed with Miami-Dade reviewers for a hotel tower in Brickell called House of Wellness. House of Wellness is proposed to rise 43 stories, and include: 832 lodging units 347 parking spaces A rooftop pool deck is planned on level 43. […]

Miami Commercial Real Estate News September 11, 2024: Sunset Shoppes Redevelopment Plans Filed; 220-Unit Multifamily Planned for Miami Lakes; More…

Sep 11, 2024 - Top Stories - 0 Comments - Standard

Whale & Star Wynwood to Develop Eight-Story Cloud One Hotel, Residences in Miami A joint venture doing business as Whale & Star Wynwood Owner LLC has announced plans for a new, eight-story mixed-use project in the Wynwood neighborhood of Miami. Spanning half a city block at 2215 N.W. 1st Place, the development will feature a […]

Miami Commercial Real Estate News September 4, 2024: Redevelopment of Standard Miami Beach Proposed; Andreessen Horowitz Closes Miami Office; More…

Sep 04, 2024 - Top Stories - 0 Comments - Standard

Developer Proposes Multifamily Development in RTZ at 1136 NW 8th Ave in Miami On Saturday, Florida YIMBY reported on San Sebastian Luxury Homes, a venture seeking to double its density because of new Rapid Transit Zone (RTZ) rules. Now, we’ve learned of another transit-oriented development in Miami-Dade County. The South Florida Business Journal reports that […]

Miami Commercial Real Estate News August 28, 2024: Citadel Unveils 1,032′ Supertall Conceptual Plan; 1,049′ Dolce&Gabbana Tower Submitted for Review; Condo Buyouts Stall; More…

Aug 28, 2024 - Top Stories - 0 Comments - Standard

Foundation Completed for One Park Tower at SoLé Mia in North Miami Turnberry has completed the foundation pour for ONE Park Tower by Turnberry, a 33-story ultra-luxury condominium tower within the 184-acre master-planned community of SoLé Mia in North Miami. The tower, located at 2411 Laguna Circle, will feature 292 residences overlooking a seven-acre Crystal […]

Miami Commercial Real Estate News August 21, 2024: Miami International Mall Value Cut by Half; 561-Unit MF Proposed Near North Miami; 641 Foot Edgewater Tower Gets FAA Nod; More…

Aug 21, 2024 - Top Stories - 0 Comments - Standard

Ben-Josef family proposes 561-unit rental project near North Miami, amid record South Florida multifamily construction pipeline The Ben-Josef family, owners of the Sagamore Hotel South Beach, propose a 561-unit apartment building near North Miami. Their plan comes as South Florida is experiencing a multifamily construction boom, putting the tri-county region in line for a record number […]

Miami Commercial Real Estate News August 15, 2024: Downtown Hotel Lost in UCC Auction; Trump National Doral seeks OK for 1,500 Condos; 316-Unit Public Housing Planned Near West Little River; More…

Aug 15, 2024 - Top Stories - 0 Comments - Standard

Mill Creek cuts back Ojus multifamily project, as South Florida sees record apartment construction pipeline Mill Creek Residential scaled back the second phase of its Modera Aventura multifamily project, nearly halving the building plans. The Boca Raton-based firm now proposes an eight-story, 251-unit project, down from its previous plan for 15 stories and 420 units, according […]

Miami Commercial Real Estate News August 7, 2024: Lincoln Road Building Trades at Discount; South Florida MF Construction Pipeline Hits Record; More…

Aug 07, 2024 - Top Stories - 0 Comments - Standard

Brickell City Centre Retail Remains 100% Leased At End Of Q2, Swire Says Brickell City Centre’s shopping mall continues to be 100% occupied, according to a quarterly release by owner Swire Properties. Swire’s second quarter earnings report was released to investors on August 2. It shows that the space was 100% occupied as of Jun […]

Miami Commercial Real Estate News August 1, 2024: Miami High-Rise Construction 2X State of California; Brickell Lease Record, Manhattan Levels; Duffy’s Site Trades; More…

Aug 01, 2024 - Top Stories - 0 Comments - Standard

Brickell Office Lease Hits Record High, Matching Manhattan Prices Miami office space rents have broken a new record, according to the FT and Bloomberg. The reports say that Brazil’s Banco Master leased 26,000 square feet of space at 830 Brickell for around $190 per square foot. That’s a record price for Florida, and “on par […]

Miami Commercial Real Estate News July 24, 2024: 830 Brickell Snags $565M Refi; Citadel Submits Supertall Site Plan; More…

Jul 24, 2024 - Top Stories - 0 Comments - Standard

Construction Starts on Brownsville Transit Village’s Fifth Phase at 5255 N.W. 29th Avenue in Metro Miami On Monday, July 22nd, Miami-Dade County officials celebrated the groundbreaking of Brownsville Transit Village’s fifth phase. Currently, the affordable housing development offers 401 apartments, along with a 660-spot parking garage and 6,400 square feet of retail. The fifth phase […]

Miami Commercial Real Estate News July 17, 2024: Office Vacancy Drops, Rent Increases; Doral Warehouse Trades for $17M; 1,000-Unit MF Near Miami River Up for Review; More…

Jul 17, 2024 - Top Stories - 0 Comments - Standard

Revised Plans & Renderings Submitted For Brickell’s Massive 1 Southside Park The developer building Brickell’s massive 1 Southside Park has filed revised plans and renderings with the county. The under-construction project includes a residential component known as Mercedes Benz Places. A foundation pour was recently completed for the first phase. The proposed changes include an […]

Miami Commercial Real Estate News July 10, 2024: Homestead 1200-Unit MXU Dev Site Trades for $65M; 2,200 Unit Dev Proposed for North Miami; More…

Jul 10, 2024 - Top Stories - 0 Comments - Standard

DR Horton drops $65M for 97 acres in Homestead Homebuilding giant D.R. Horton dropped $65 million for 97 acres of Homestead farmland for its planned Sandero Landing community. Records show D.R. Horton bought the site at Southwest 328th Street and Southeast 6th Street from the Alger family, led by Richard Alger. The Algers are longtime Homestead […]

Miami Commercial Real Estate News July 3, 2024: Once Planned MLS Site to be 1,219 Residences, Former Sears 1,050 Unit MXU; Multifamily Sales Heat Up; More…

Jul 03, 2024 - Top Stories - 0 Comments - Standard

Mas brothers site once touted for MLS stadium getting 1,219 residences A large vacant property in Overtown that at one time was considered for a professional soccer stadium is now being developed into a major residential and mixed-use neighborhood. The sweeping project is a collaboration between 0101 Miami Properties LLC, led by brothers Jorge and […]

Miami Commercial Real Estate News June 26, 2024: Miami Riverbridge Dev Gets UDRB Approval; 352-Unit Doral MF Trades for $139M, Miami Gardens Warehouse for $25.5M; More…

Jun 26, 2024 - Top Stories - 0 Comments - Standard

609 Brickell Set For Hearing Before Historic Preservation Board A hearing on the 609 Brickell property is scheduled for Miami’s Historic and Environmental Preservation Board on July 2. The First Presbyterian Church and developer 13th Floor Key Church, LLC are requesting an an amendment to the historic designation report for the property. An iconic, 80-story […]

Miami Commercial Real Estate News June 19, 2024: $668M Construction Loan Secured for Miami Supertall; Dev Site Trades for $39M, 500 Units Planned; More…

Jun 19, 2024 - Top Stories - 0 Comments - Standard

PMG Receives $668M Construction Loan for Waldorf Astoria Hotel & Residences Miami PMG, a development and investment firm with offices in New York City and Miami, has received a $668 million construction loan for the Waldorf Astoria Hotel & Residences Miami. Located at 300 Biscayne Blvd, the building will rise more than 1,000 feet and […]

Miami Commercial Real Estate News June 12, 2024: 1,300-Unit MF Planned for North Miami; $6.1B in New Construction in 2023;

Jun 12, 2024 - Top Stories - 0 Comments - Standard

$6.1B In New Construction Added In Miami-Dade Over The Past Year Miami-Dade County Property values rose significantly last year, and new construction helped add to that growth. Overall taxable values in the county were up 10%, according to an official June 1st estimate released by the county’s Property Appraiser office. Total taxable property values in […]

Miami Commercial Real Estate News June 5, 2024: 3,200-Unit Live Local Act Project Proposed for West Little River; Wynwood 48-Story MXU Planned; More….

Jun 05, 2024 - Top Stories - 0 Comments - Standard

Live Local Project With 3,233 Residential Units Proposed in North Part of Miami-Dade Plans have been submitted to Miami-Dade reviewers for a massive Live Local project. The project is named The HueHub or Holland Park. It is planned to include: 3,233 residential units 57,260 square feet of retail 4,249 parking spaces Multiple towers are planned, […]

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