Is CRE Insurance More Expensive in Florida?
With banks and insurance companies also active, real estate lending will remain competitive and favorable for borrowers. What does that mean for the insurance markets in Florida and beyond?
Change orders add millions in airport costs; Is this how Broward should do business?
For the third time in three years, Broward Commissioners voted last week to pay more — $2.5 million this time – to the company that’s managing the ongoing $800 million…
Starwood-led partnership paid $178M for South Florida offices in Duke Realty deal
A partnership led by Starwood Capital Group paid $178.3 million for the Broward County office buildings and land in its $1.1 billion purchase from Duke Realty Corp., according to county records.
Development Update: Almost Sold Out, Centro is Racing to Completion in a Car2Go
Despite some controversy (omitting the construction of a parking garage) and false rumors (some absurdity about discovering Roman ruins at the site), Centro Miami, construction of which is significantly more than halfway towards…
Coral Gables shopping/office center Riviera Plaza sold for $16.5M
A partnership of three Miami-based firms acquired Riviera Plaza in Coral Gables for $16.5 million. 13th Floor Investments, Gadinsky Real Estate, and Echion USA purchased the 45,000-square-foot building at 1542 South Dixie Highway – just south of the University of Miami – from the Martin Herstik Trust. It was…
Fun with urban planning: James Corner Field Ops Signed for Lincoln Road’s Big Reno
When Philip Levine became Mayor of Miami Beach a little over a year ago and the guard changed in the city commission chambers, they way the beach undertook its large public works projects seemed to undergo a seismic change as well. Although the international-head…
Construction chugging along at SLS Brickell…
Construction is chugging along at the Related Group’s SLS Brickell tower, where—likely inspired by Miami condo towers built in the 1980s—the undersides of the balconies are getting distinctive color schemes that will be visible from the street level. But here, unlike the rainbow…
Blockbusters: Park Grove Might be the Most Expensive Building in Miami
Beginning at $1,700 a square foot, Tower 1 at Park Grove is the most expensive condo building in Coconut Grove, and may be the most expensive building in the City of Miami, says broker Michael Light. The tower’s lowest priced unit, on the fourth floor, will be $4.2 million.
Stiles sells Fort Lauderdale store to Publix for $22.5M
Flagler Street redevelopment site in downtown Miami goes up for sale
Clarion Inks Mega Industrial Lease in Weston
-“The ability of Clarion Partners to creatively structure the lease created a win-win solution for both tenant and landlord.”
It Looks Like ONE Mayor Cares About the Sugar Land Deal
City of Miami Tomás Regalado uses the Bully Pulpit for good. In a letter to the Miami Herald printed Sunday April 12 he said:I want to honor the memory of Miami resident Marjory Stoneman Douglas, who was a staunch advocate and defender of the Everglades. She would have been 125 years old…
Skeptical: Is the Design District going to work?
Miami Today offers a glowing report from the developer’s point of view. The world’s luxury brands, fortified through a business deal between Craig Robins’ DACRA and LVMH, one of the world’s top luxury brand consolidators, have been pumping hundreds of millions into the Design District. Audemars…
Inside Louis Vuitton’s Massive Four Story Design District Store
An LV monogram might be the standout feature to an average person, but a real Louis Vuitton die-hard knows its all in the details. Louis Vuitton opened its massive five-story Miami store in the Design District, and while you may be taken aback by its openness and sheer scale, it’s the elements within that remind you why…
Vintage photos of Lincoln Road
1956. 1957. And again, 1957. Also check out vintage photos of Collins Avenue at night in vintage Miami Beach postcards and Miami Beach ‘Luxurious Hotel Row’ (1950s postcard).