866-Foot Downtown Tower Called Liquid Lofts In The Planning Stage
Architect Charles Sieger could be planning a residential tower in downtown Miami. Earlier this month, an application was submitted to the feds to build an 866-foot tower called Liquid Lofts. It would be located at 37 SW 1st Street, on what is currently a parking garage. The applicant could not be de…
Tibor Hollo Gets $340 Million In Financing To Build Miami’s Tallest Tower
Tibor Hollo’s Florida East Coast Realty has obtained a $340 million construction loan to build the 82-story Panorama Tower at 1101 Brickell Avenue. Panorama is set to become the tallest building in Miami at 82-stories, or 830-feet above sea level, with a possibility of being…
Residence Inn by Marriott breaks ground in Miami’s Flagler Station
Driftwood Hospitality Management will break ground on its first EB-5 funded project Wednesday, the company announced.
After 19 Months Of Demolition, Former Herald Building Is Gone
Andres Viglucci’s tribute to the building…
Preservation Board Approves Plan To Build Residential Tower Above Historic Biscayne Boulevard Church
Fifteen Group won approval to build a 350-unit residential building above the historic Christian Science church on Biscayne Boulevard, but it will be an expensive proposition for the developer. Andres Viglucci reports that Miami’s historic preservation board voted in favor of…
Brazilian Developer Buys Chicken Lot Across From Mary Brickell Village; 48-Story Ibis Hotel In The Works
The ‘chicken lot’ across from Mary Brickell Village has been sold to a Brazilian developer, and a 48-story project could be coming. GW Brickell LLC, is the buyer. The company is managed by José Luis Galvêas Loureiro, the founder of Galwan, a developer based…
Forbes: 2014 Was Best Year Ever For Related Group, Jorge Perez Worth A Billion More
2014 Was the most profitable year ever for Related Group, helping Jorge Perez to increase his net worth by over 50%, Forbes wrote. The magazine’s latest survey of billionaires lists Perez’s net worth at $3.1 billion. Just 12 months ago, the magazine estimated his worth at $2 billion. In …
Aventura homeowners demand condo developer remove sidewalk
A group of homeowners in Aventura asked a judge to make the developer of the Prive at Island Estate condominium remove a sidewalk running through their properties in a dispute that already has led to two arrests…
Republican Releases Bill That Would Allow Casino Resorts In Miami, With High Entry Barrier
A bill that would permit destination resorts was released by House Majority Leader Dana Young yesterday, but the cost will be high for potential casino operators. Genting, Las Vegas Sands, or other interested operators would be required…
Hangover Observations: This is a Bar Modeled After a City of Miami Trolley
Remember that report from the Downtown Development Authority that came out earlier this week that made major waves through the real estate community basically because it said real estate prices in the Downtown area were leveling off and that the boom had cooled a bit?
Parks & Rec: Brickell Flatiron Model Shows Nearby Park Spaces Preserved
Hey Brickellites, remember when the fight for the future of Brickell Flatiron Park was a big thing? The park has been around for a while now, with the sales center for Brickell Flatiron occupying some of it recently. There is a model of the future condominium tower inside that sales center that…
Eulogies: The Miami Herald Building is Completely Gone
The last girder of that grand, hulking dame, the old Miami Herald Building, formally known as One Herald Plaza, fell yesterday, leaving nothing but blue sky, a mountain of rubble, and the mystery of what might follow in its place. In a long, sent…
Baylink is back: Officials are now talking about…
Officials are now talking about funding sources (yay!) and a three-year study to identify the adverse environmental and social impacts of BayLink, the absolutely vital proposed light rail system that would connect Downtown Miami with Miami Beach. Of course having to wait three more godforsaken yea…
Starchitecture Watch: Renzo Piano’s Plan for Biltmore Terrace Got Approved
The Renzo Piano-designed plan to replace the historic Biltmore Terrace was approved at yesterday’s Design Review Board, reports the Real Deal Miami (Which has a few facts wrong. From what we can recognize, the MDPL officer’s name is Daniel Ciraldo, not Michael, and that’s the wrong rendering bub)…
Lack Of Seaport Terminal In Jacksonville Has Company Opt For Miami Instead
Applying for public incentives to build its $30.1 million headquarters, Exquisite Import/Export Trading Co. is moving its headquarters from South Carolina to the Miami River…
Coconut Grove Playhouse Shady Dealings?
I got a call last week from County Commissioner Xavier Suarez, he said he wanted to personally invite me to the Commission meeting on March 12. It involves an update on the Playhouse. His office was going to send me more information, they have not…
Commercial real estate outlook bright: JLL’s Pulse360 panel
South Florida’s prime office rental rates could rise as much as 15 percent to 25 percent during the next two years, as absorption increases and construction of new wo…
River Landing development gets $7.5M in county funds
The River Landing development in Miami has won approval by the Miami-Dade County Commission for $7.5 million from the Economic Development Fund. The development had requested $12.5 million in assistance from the county for infrastructure…
Developer of Panorama Tower lands $340M construction loan
Florida East Coast Realty, which is developing the Panorama Tower on Brickell Avenue, has secured a $340 construction loan for the project. Wells Fargo Bank, acting on behalf of a group of lenders, provided the mortgage to TWJ 1101, an FECR affiliate, a publication reported….
New Miami real estate firm to service Chinese buyers
A new real estate firm is opening in Miami, and it’s focusing on helping Chinese investors buy in South Florida.
American Da Tang Realty, Chinese businessman Dr. Shanjie Li’s latest venture in Miami, will celebrate its grand opening Thursday. Li is the firm’s…
Cresa parts ways with CEO Jim Leslie
Cresa, one of the largest tenant-focused corporate real estate companies, has reportedly parted ways with its CEO Jim Leslie. According to an email sent out to Cresa em…
Plaza, DevStar Ink $85M Construction Loan
It’s one of the largest construction loans offered to a South Florida developer this year…
What Concerns Fannie and Freddie
PNC Realty’s Daniel Cunningham moderated a discussion between John Kovacevich, director of Fannie and Richard Martinez, vice president of Production and Sales at Freddie, to get some answers during RealShare Apartments East in Miami last week….
Wynwood Finally Gets a Craft Beer Market
It was only a matter of time that the neighborhood producing the most craft beer in Miami would have a beer market — and that time is now as Boxelder Craft Beer Market has officially opened in Wynwood. Located right next door to the Ducati shop on 2825 …
Comment by Richard Grosso, long-time attorney for the public interest: “Those willing to put profits or campaign contributions over restoring south florida’s drinking water, flood protection and ecological needs have been claiming that they will only act on “science”. The day before session begins a…