Big ideas abound for better Miami-Dade transit service, South Beach apartments trade at 10 times prior value…and more
Big ideas abound for better Miami-Dade transit service
1. Big ideas abound for better Miami-Dade transit service — but how to pay for it? [Miami Herald]2. South Beach apartments trade at 10 times prior value [South Florida Business Journal]3. ALTA Developers dedicates Habitat home [GlobeSt.com…
Settlement approved in Turnberry’s Fontainebleau Las Vegas bankruptcy
Jeffrey Soffer
A Miami bankruptcy judge has approved a settlement in the litigation against former officers and directors of the Fontainebleau Las Vegas, topping off years of legal wrangling related to the failed project spearheaded by Aventura-based Turnberry Associates’ CEO Jeffrey Sof…
Hunt Construction withdraws from Miami Beach convention center project
Miami Beach Convention Center rendering
Hunt Construction Company formally withdrew its bid for the $500 million renovation and expansion of the Miami Beach convention center, The Real Deal has learned.
In a memo obtained by TRD from Miami Beach City Manager Jimmy Morales to Mayor Philip Levine and …
Miami Beach plans to raise West Avenue due to rising sea level
South Beach
In anticipation of rising sea levels, Miami Beach city officials want to raise West Avenue — one of the lowest points of Miami Beach —between one-and-a-half to two feet, during the next few years. The first phase is expected to begin in February and last until Augus…