Complex Miami Riverside plan criticized but advances The ambitious plan to provide the City of Miami with a new government administrative building near the current Miami Riverside Center on the Miami River has taken a step forward. But not before a city review board criticized the proposal for its lack of a grand or distinctive […]
Developers speak out against Moishe Mana as he compares Wynwood campaign to the Arab Spring As Miami Mayor Francis Suarez and other elected officials urged a truce, Moishe Mana and current and former members of Wynwood Business Improvement District intensified their attacks on one another at competing meetings Tuesday. In recent weeks, Mana sent messages […]
Moishe Mana Wants Wynwood BID Dismantled; Both Sides Call Emergency Meetings This week, Moishe Mana, one of Miami’s largest landholders, has been circulating an online petition imploring people to “Save Wynwood,” warning that some stakeholders want to stop nightlife in the district at 11 p.m. At press time, it had over 22,000 signatures. He has […]
Fontainebleau Miami Beach reveals proposed addition Jeffrey Soffer wants to build a new garage at Fontainebleau Miami Beach, with top-floor ballrooms. The proposed garage will be strictly for employees, which means hotel guests will continue to valet at the entrance of the storied resort. Miami Beach’s land use committee on Thursday recommended the project after […]
A three-story mini-golf is coming to Brickell City Centre A London mini-golf company signed its first lease in Miami and its largest to date, at Brickell City Centre, as mall owners across the country shake up their tenant mix. Puttshack is leasing a three-story, 29,000-square-foot space above Luna Park Food Hall, which replaced the Italian […]
Russell Galbut, WP Carey sell Shelborne South Beach W.P. Carey and Russell Galbut sold the oceanfront Shelborne South Beach, which was marketed for sale in the $120 million range, The Real Deal has learned. Dallas-based Westdale Real Estate Investment & Management acquired the majority of the condo-hotel rooms at the 257-key condo-hotel at 1801 Collins […]
South Florida office rents rise in Q4 South Florida businesses looking to catch a break on their rent may have to wait another year. Office rental leasing rates rose in the tri-county area in the fourth quarter, year-over-year, according to a newly released report. Miami’s office rents rose for the eighth quarter in a row, […]
Madison Marquette Acquires Two Office Buildings in Miami’s Coconut Grove for $47.7M Madison Marquette, a real estate investor, developer and operator, has acquired two office buildings in Miami’s Coconut Grove neighborhood for $47.7 million. The properties include the 80,380-square-foot Continental Plaza, located at 3250 Mary Street and the 57,155-square-foot Bayview Executive Plaza, situated at 3225 […]
David Edelstein sells Wynwood site to AMLI for $35 Million David Edelstein and a rendering of the Wynwood site Developer David Edelstein sold an assemblage in Wynwood to multifamily giant AMLI Residential, The Real Deal has learned. Edelstein of New York-based TriStar Capital sold the “45 Winwood” development site to AMLI for $35 million. Together, […]
Luxury athletic resort to take over Bloomingdale’s space at The Falls Life Time Fitness will be bulking up the Bloomingdale’s space at The Falls, as malls around the country try to adapt to the changing retail environment. The company plans to break ground on a 140,000-square-foot luxury athletic resort after Bloomingdale’s closes its doors later […]
Multi-use redevelopment of Wynwood industrial sites OK’d A set of interconnected buildings is designed to bring a mix of residential, retail and office uses to a block in Wynwood, along with major murals and other art treatments and a large courtyard. With a current title of Dorsey, the major mixed-use project is proposed by developer […]
Miller Construction Completes Two Industrial Buildings Totaling 318,043 SF in Miami Central Commons Miller Construction Co. has completed two buildings for Orlando-based Foundry Commercial, creating 318,043 square feet of industrial space within the Miami Central Commons business park. Located at 2301 NW 107th Ave. in Doral, 11 miles northwest of Miami, Building 1 contains showroom […]
All rise: Miami-Dade commissioners approve $267M downtown Miami courthouse project The Miami-Dade County Commission on Tuesday unanimously approved a deal with Plenary Group to build a new $267 million civil courthouse in downtown Miami. The proposed 23-story building will replace the 1928-era courthouse at 73 West Flagler Street that was the site of a trial […]
Terra plans massive multifamily project in northwest Miami-Dade Industrial builder and operator Prologis sold a site in northwest Miami-Dade to Terra for $52 million, as development continues heading west. Terra plans to turn the 70-acre site, along Northwest 170th Street between I-75 and the Florida Turnpike, into a multifamily project with 1,369 apartments. Terra financed […]
CitizenM, Miami Worldcenter Associates Break Ground on 351-Room Downtown Hotel Netherlands-based hotel chain citizenM and developer Miami Worldcenter Associates have broken ground on a new citizenM hotel in downtown Miami. The hotel will be part of a $4 billion mixed-use development called Miami Worldcenter. Owner, operator and developer citizenM and master developer of the mixed-use […]
HGreg parks $75M in Nissan dealership in Palmetto Bay HGreg acquired a Nissan dealership from AutoNation in Palmetto Bay for $75 million, marking the largest car dealership sale in South Florida this year. The dealership, HGreg Nissan Kendall, includes a 71,500-square-foot building and sits on 14.25 acres at 17305 South Dixie Highway. The property sold […]
