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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
$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 […]
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, […]
Terreno Realty Completes 186 KSF Industrial Facility in Hialeah Among Terreno Realty Corp.’s recent additions to its industrial portfolio is this 112,000-square-foot facility in Redondo Beach, Calif., which it acquired last year for $45.7 million. Image courtesy of CommercialEdge Terreno Realty Corp. has completed Countyline Corporate Park Phase IV Building 40, a 186,000-square-foot facility in […]
Co-Living Community ‘i5 Wynwood’ Reaches Completion At 51 NW 28th Street In Wynwood i5 Wynwood, a newly completed co-living community in Miami’s Wynwood neighborhood, is now welcoming its first residents. Located at 51 Northwest 28th Street, between North Miami Avenue and Northwest 1st Avenue, this 9-story residential building was designed by Arquitectonica and has interiors […]
Aimco plans to list waterfront Hamilton apartment tower, its second major Miami asset to hit market Aimco’s waterfront Hamilton apartment tower in Edgewater will hit the market, marking its second major Miami property to list for sale this year. The real estate investment trust will put the 28-story, 276-unit Hamilton at 555 Northeast 34th Street on […]
Construction Begins At 41-Story Biscayne Boulevard Tower Developers held a groundbreaking event last month for a 41-story tower on Biscayne Boulevard, and photos show that work is now underway. The tower, known as 2600 Biscayne, will span an entire city block, one block away from a planned Northeast Corridor rail stop. When complete, it will […]
Nuveen’s 701 Brickell office tower hits the market for over $500M Nuveen Real Estate listed its 701 Brickell office tower in Miami for more than $500 million, marking at least the fourth property in the financial district to hit the market since the fall. New York-based Nuveen’s 33-story bayfront tower, named for its address at 701 […]
Michael Stern pays $61M for Brickell site of Dolce & Gabbana supertall As questions swirl about the future of Michael Stern’s Brooklyn supertall, the developer appears to be all in on Miami. Stern’s JDS Development Group paid $61.2 million for the half-acre site at 888 Brickell Avenue, where the firm plans a Dolce & Gabbana-branded condo-hotel […]
