Mar 26, 2015 - 0 Comments - Top Stories -

Miami Commercial Property News 3/26/2015

Miami Downtown Commercial Buildings at Night

Miami Downtown Commercial Buildings at Night

ZOM Developing 391-Unit Met Square As Rental Apartments

Apartment developer ZOM will develop the second phase of downtown Miami’s Met Square as a 391-unit apartment building, TNM has learned.  This would be the third major project for ZOM in the downtown area. In total, ZOM will have 1,291 rental apartments in the pipeline for downtown Miami.

Biscayne Green is a Big Step Toward Miami’s Walkable Future

The Atlantic’s City Lab, which is headed by that part-time Miamian and full-time urbanist Richard Florida, raves about the Miami Downtown Development Authority’s plan to turn the stretch of Biscayne Boulevard from SE 1st Street to NE 5th into a ‘Biscayne Green’, saying it’s a huge…

Construction Watch: Golden Dusk Photography got out…

Golden Dusk Photography got out their drone and did a fly by over the construction at the new Ritz-Carlton Residences Miami Beach. The project is mid-way through its radical conversion of an old hospital into a fabulously opulent Ritz-Carlton. Do have a peek…

Railroading: Will Somebody, Anybody, Please Fund Tri-Rail Downtown

Tri-Rail could come to Downtown Miami (downtown Miami zip code 33132 demographics and economic data), an essential element of Miami and South Florida’s transportation future, if somebody, anybody (come on, we’re desperate here!) ponies up the cash to pay for Tri-Rail’s portion of All Aboard Florida’s Downtown Miami station. Funding has to be secured in less…

CMBS, Shadow Lending: Where The CRE Money Is

Shahram Siddiqui, a partner at Berger Singerman, discusses the benefits and drawbacks of tapping two distinctly separate and different sources of capital.

Game, set, match: Paramount Miami Worldcenter unveils tennis courts

Lobbing on the Miami Open, Paramount Miami Worldcenter on Wednesday unveiled a rendering of its purple planned tennis courts — the same color as at the Crandon Park tournament now underway on Key Biscayne.
The two hard-court…

Photos of Panorama Tower concrete pour

Construction workers broke Florida records on Saturday when they undertook the largest concrete pour in state history. The workers were forming the foundation of Panorama Tower, an upcoming mixed-use project…

Holdout condo owners could get more for their units

Two bills in the Florida House of Representatives and Senate could close a legal loophole that had some condo owners selling their units for under their original purchase price.  The bills targets bulk buyers of condo complexes who seek to convert the buildings into apartments.

Compson Associates releases plans for Boca Raton condos

A Boca Raton-based developer has announced plans to build a 170-unit condominium tower in its hometown.
Tower 155 will be adjacent to Mizner Park in the city’s downtown area. It is being developed by Compson Associates, which also built the mixed-use…

Q&A with Robert Hill of the InterContinental Miami

Robert Hill, general manager of the InterContinental Miami, oversaw the hotel’s $30 million renovation in 2012, which included Venus Williams-designed suites, a 19-story digital canvas on the building’s exterior and the launch of Toro Toro.

Developer launches sales for AquaBlu in Fort Lauderdale

Four days after breaking ground on AquaLuna, developer Ocean Land Investments has launched sales at another of its condominium projects in East Las Olas — AquaBlu.  The 17-story building will house 35 units ranging in size from 2,136 square feet to 4,295 square feet and…

West Brickell Reemerging on Multi-Family Scene

West Brickell is reemerging on the multifamily scene. Lenders have also shown an appetite for West Brickell offices. Find out about the latest projects…

Public Art Preservation: Google has added the murals of Wynwood…

Google has added the murals of Wynwood to the Google Art Project’s Street Art Collection. Only a few murals have been added so far, but using their Street View technology, art lovers everywhere will hopefully soon be able to explore a broad catalogue of Wynwood’s preserved visual culture, with audio…