Miami-Dade considers $63M in bonds for 5 affordable housing projects
The Miami-Dade County Commission will consider, at its April 21 meeting, awarding $63.4 million in bonds to build five affordable housing projects. The bonds would be issued through the Housing Finance Authority of Miami-Dade County and the developers would be responsible for repaying them. These projects would provide…
Royal Palm in Miami Beach to become first Starwood Tribute brand
The Royal Palm South Beach hotel will reportedly become Starwood’s first Tribute hotel. Starwood Hotels & Resorts Worldwide will spend $20 million to launch the portfolio, the Wall Street Journal reported. The company is aiming to have…
Super-rich flock to Miami, will keep coming back
Jane Wooldridge, David Friedman, Craig Robins, Howard Lorber and Horacio Silva at the panel discussion, and Knight Frank’s list of the top 10 cities for ultra high net-worth individuals in 2015. Miami has become a hot spot for the wealthy, and will remain among the world’s top 10 cities…
Ocean Bank finances construction of Doral hotel
Ocean Bank granted a $10 million construction loan for the Wingate by Wyndham hotel in Doral. The Miami-based bank wrote the mortgage to 3755 Property Holdings, a Doral-based company managed by Antonio Pecorelli. The loan matures on Oct. 2, 2016, but it has multiple extension options.
Ferrari Interiors for a Miami Condo
If there was any doubt that the Italian designers known for sculpting the sleek forms of Ferraris, Maseratis and other sports cars — many of them vibrantly red — were responsible for the interiors of a new 42-story condominium tower developed by the Related Group, one glance at the scarlet elevator lobby would lay those doubts to rest.
Apartment project proposed in Doral industrial park
The trend of converting South Florida office park land to residential could continue as Doral considers an apartment proposal by Ram Realty. Ram Dev, an affiliate of Peter D. Cummings’ Ram Realty in Palm Beach Gardens, wants to build Intercontinental Village, a 332-unit apartment complex in the Transal Business Park.
You may not be invited to be a guest when President Obama visits the Everglades on Wednesday, but this afternoon if you have time, at 1:30PM, come to the annual meeting of Friends of the Everglades at Pinecrest Gardens to listen to a few people who have spent most of their careers on these issues.
Eye on Miami’s Saturday Editorial Page: Turkey Point Hearings – Special Taxing Districts Op Ed
Eye on Miami has replaced the Saturday Editorial Page of the Miami Herald – They do not have one. One of the very few chances for the public to be heard on the expansion of FPL Turkey Point and $24 billion of new nuclear reactors at sea level. Mayors of three important South Florida…
Development Update: With 1100 Millecento Done, Pininfarina Sets Up Shop in Miami
The Italian automobile design firm, Pininfarina, established in 1930 and famous for creating iconic designs for companies like Alfa Romeo, Fiat, Ferrari, and Maserati (you might have heard of them) has recently expanded its repertoire of to skyscrapers, and is setting up shop…
Revenge of the Megaprojects: Construction continues on Island Gardens’…
Construction continues on Island Gardens’ marina which, according to backers and the Next Miami, will be the only super-yacht marina in North America and one of the largest marinas that can handle mega-yachts. It will reportedly even be able to accommodate the largest yacht in the world, which makes…
Comment of the day: “If Miami didn’t demolish all of…
“If Miami didn’t demolish all of its downtown grand hotels along Biscayne Boulevard (the McAllister, Columbus, Everglades, Alcazar, etc.), we would be having a boutique hotel craze which would make this and Miami Beach look petty.”—Top of the Columbus [Miami is the Heart of the Funky ‘Lifestyl…
Miami Gardens Freezer Cooler Warehouse
The ComReal Miami Industrial Team is pleased to introduce you to this 80,000 sq. ft. refrigerated warehouse building. The address is 650 NE 185th Street in Miami Gardens, Florida. The property is centrally located on the Miami-Dade…
Louise Sunshine sues Grand Venetian’s condo association
Underline forums aim at public input
The Underline could kick-start nearby development, according to proponents of the public greenspace, who are hosting a series of public meetings this week unveiling plans to gauge community support. Lisa Switkin, principal of New York-based James Corner…
Billionaire Jeff Greene wants to build new office tower in West Palm
Billionaire Palm Beach investor Jeff Greene really wants to build a new office tower in downtown West Palm Beach.
This month, he told 300 attendees at the Urban Land Institute’s West Palm Beach forum that he planned to go ahead with construction of a new, 30-story office tower, before he had any pre-leased office tenants locked up.