Mar 27, 2015 - 0 Comments - Top Stories -

March 27, 2015 Miami Commercial Real Estate News

Miami Skyline with Many Commercial Buildings

Downtown Miami at Dusk

American Dream Mall: Urbanists, predictably, aren’t very happy

Urbanists, predictably, aren’t very happy with the announcement that the country’s biggest mall, American Dream Miami, is coming to Miami. However, it has prompted an admission of sorts that shopping malls aren’t actually a dying building typology but are in fact thriving, despite the oft-repeated …

South Florida Office Market Tightens On Limited Construction

Lenders have little appetite for the office sector now that residential projects are selling at a record pace and multifamily units across the region are trading at prices 14 percent to 27 percent above 2012 levels.

Miami commission approves $5.5M for Tri-Rail’s downtown project

Miami’s City Commission on Thursday approved a measure that would commit the city to spend a minimum of $5.5 million to link Tri-Rail commuter trains between North Miami and a new privately financed rail hub in downtown Miami.  The vote came after Miami Mayor…

Mexican investors to open Hallandale Beach bowling alley

A private group of Mexican investors is gearing up to open their first bowling alley in South Florida: Strike 10 in the Village of Gulfstream Park.  The bowling alley will be housed in a newly constructed 15,000-square-foot building and is set to have…

Brilliant App Reveals What Your Exact Location Looked Like in the Past

Many recent multimedia projects have tried to present a “then and now” look at different cities by mashing up current images of buildings and streetscapes with historical visuals like old film footage, 18th-century paintings, or classic album covers. Now, an app called Pivot…

‘Sky’s the limit’ in South Beach

By all accounts, South Beach is teeming with tourists, shoppers and happily-situated condo owners from all over the world, but the robust economy in this part of Miami also brings traffic, crowds and rising prices that don’t suit everyone’s needs.

Are Rising Rents Causing CBD Tenants to Scatter?

JLL’s Donald Cartwright tells GlobeSt.com’s Jennifer LeClaire what he sees companies basing locational decisions on–and what role rising rental rates play….

How Rental Rates Impact Renewals

There are a whole lot of office space renewals going on in South Florida and beyond. JLL’s Donald Cartwright tells GlobeSt.com’s Jennifer LeClaire how rental rates are impacting renewals…

Design District expands north

Miami’s Design District continues to grow its drawing appeal and now its boundaries.  City commissioners recently gave final approval to three zoning matters that green light expansion of the Design District to the north

Who Claims What Property Seized in Cuba? Fact and Figures

Soon after Fidel Castro came to power, his government seized the refineries, hotels and sugar plantations that were the most visible signs of the American hold on the island’s economy.

Mayor Regalado Opposes Miami Grand Central Station’s Tri-Rail Coastal Link

You’ve heard the buzz. All Aboard Florida (AAF) is coming, and along with it – the game-changing MiamiCentral station, destined to revitalize our beloved downtown. However, our esteemed Mayor Tomas Regalado seems intent on throwing a wrench in the plans. One of the most promising aspects…

Miami Downtown Development authority’s ‘Santa list’

Spurred by a report that the City of Miami is in the process of initiating a general obligation bond issue, directors of Miami’s Downtown Development Authority drew up a wish list of projects they would like to see at least partially funded.