Miami-Dade grants preliminary approval to Tri-Rail platform at All Aboard Florida station
The plan to run Tri-Rail passenger trains directly to All Aboard Florida’s Miami Central Station moved a step closer when the county granted preliminary approval for part of its funding on Wednesday. The South Florida Regional Transportation Authority is looking for $68.9 million in funding to build a platform for Tri-Rail – the…
Wharton Equity buys development site in Miami Design District for $14M
A group of local investors led by Lyle Chariff sold a retail development site in the emerging luxury shopping hotbed of the Miami Design District for $14 million to Wharton Equity Partners. The deal represents a nice profit for 3711 Design District LLC, which acquired the 11,336-square-foot lot at 3711 N.E. 2nd Ave. for $8 million in 2013.
The new Metrorail station proposal
I don’t usually like chrome and glass, but I love this image of the new proposed project for the Douglas Metrorail station.The Adler 13th Floor (a partnership between the Adler Group and 13th Floor Investments), provided their plans for the development…
Verzasca betting big on Bay Harbor
The Verzasca Group’s Pearl House condominium project in Bay Harbor Islands is now sold out, amid a boom in development in the once-sleepy enclave, The Real Deal has learned. Pearl House, a seven-story, 15-unit development at 1170 101st Street…
Why You Should Watch Post-Housing Bust Markets
GlobeSt.com caught up with Auction.com Chief Economist Peter Muoio to talk about the trends he’s seeing in the Southeast markets. Overall, he’s bullish on Florida cities like Orlando and Miami…
From $658 to $2,352 Per Year – LoopNet’s Subscription Prices (Should) Have Many Seeing Red
How long will the commercial real estate industry allow this to happen?
CBRE Tapped To Lease Miami Airport West’s Newest Warehouse Development
The three free-standing buildings will total ±430,000 square feet.
Sawgrass Mills Unveils Plans for Full-Price Shopping Center
Global mall and shopping center owner Simon Property Group (NYSE: SPG) this week announced plans to again expand the 2.38 million-square-foot Sawgrass Mills mall complex, adding a full-price shopping center to join the existing outlet stores and entertainment center. The 118,000-square-foot Town…
Design District Drama: The Institute of Contemporary Art…
The Institute of Contemporary Art Miami is gearing up to begin construction on its new digs in the Miami Design District, with a sculpture garden that extends into the neighboring and historic residential area of Buena Vista. The museum successfully received permission to demolish three non-historic…
Iconic Miami Office Property at US 1 and 27th Terrace Trades
The iconic Bloom & Kinnear office building at 2486 SW 27th Terrace has sold. Listed for sale with James Hawkins of Keyes Commercial, the property was under contract for more than a year before closing on May 4, 2018 at a sales price of $2 million. Consisting of 3,045 square feet of premium office property, at sale the handicap accessible building possessed six private offices, a conference room, and a…
Clear Proof of Miami CBD Office Space Demand
The report reveals volume of foreign capital chasing Miami Skyline office deals continues to grow and is having a large impact on pricing. But that’s not all…
Emerge Miami Fights for Waterfront Park Near American Airlines Arena
For our June Ride, let’s have a picnic at Parcel B and treat it as a park. “Parcel B” is a slot of county-owned land that has been used as a parking lot for years. It should already be a park for us! Dan Paul was a Miami-based First Amendment lawyer and parks advocate. A special thanks to the WPLG Local 10 team for their…
Rising Sea: Keeping Miami Beach Above Water
Facing the constant drumbeat of fear and pessimism over Miami’s future as it struggles against the oncoming impacts of climate change and sea level rise, Elizabeth Wheaton sees nothing but opportunity. As the head of the environment and sustainability division of the City of Miami Beach, she’s changing the tide by seeking…
The Eerily Steady Decline in Days to Sell Miami Area Commercial Property
Miami-Dade MLS Commercial Property Days to Sell. It is usually the case that when one views a chart of some variable, the chart goes up and down erratically. Of notable exception is the MLS chart, shown here, of average days to sell commercial property in Miami-Dade County for the six years from…