Search Results for: prive

Miami Commercial Real Estate News April 24, 2024: Brickell Dolce & Gabbana Dev Site Trades for $60M; Miramar Office Properties Sold at 45% Loss; More…

Apr 24, 2024 - Top Stories - 0 Comments - Standard

Michael Stern pays $61M for Brickell site of Dolce & Gabbana supertall As questions swirl about the future of Michael Stern’s Brooklyn supertall, the developer appears to be all in on Miami. Stern’s JDS Development Group paid $61.2 million for the half-acre site at 888 Brickell Avenue, where the firm plans a Dolce & Gabbana-branded condo-hotel […]

Miami Commercial Real Estate News March 20, 2024: Condo Termination Ruling Puts Buyouts in Limbo; Adam Neumann’s Plans at Miami Worldcenter; More…

Mar 20, 2024 - Top Stories - 0 Comments - Standard

WeDevelop: Here are Adam Neumann’s plans at Miami Worldcenter Flow, the apartment startup founded by billionaire Adam Neumann and backed by venture capital firm Andreessen Horowitz, has three projects in various stages of development at Miami Worldcenter. The buildings are valued at about $450 million, according to a source. Neumann’s purchases at Miami Worldcenter date back […]

Miami Commercial Real Estate News January 31, 2024: $82M Miami Beach Office Sale Collapses; 806 Unit MF Planned Near Douglas Metrorail; LA Fitness Building Trades for $15M; More…

Jan 31, 2024 - Top Stories - 0 Comments - Standard

Nightingale’s $82M Miami Beach Office Sale Collapses In Flurry Of Lawsuits The planned $82M sale of a Miami Beach office building owned by Nightingale Properties has failed to close, sparking a court battle between the embattled developer and the planned buyers. The dispute rose to the surface just as CEO Elie Schwartz began repaying $53M in […]

Miami Commercial Real Estate News November 17, 2021: Miami Group to Buy Trump DC Hotel for $375M; Miami Gardens Retail Pair Trade for $47M; More…

Nov 17, 2021 - Top Stories - 0 Comments - Standard

Miami Market Update: Investor Interest Drives Pipeline Growth As of September, Miami’s office development pipeline reached 2.9 million square feet, up 6.9 percent month-over-month, according to CommercialEdge data. The under-construction supply represented 4.3 percent of the metro’s total stock, significantly exceeding the the national average of 2.4 percent. The national under construction pipeline has… Construction on […]

Miami Commercial Real Estate News July 1, 2020: Wynwood Co-Living Project Approved; Prominent Developer Civil Trial This Week; More…

Jul 01, 2020 - Top Stories - 0 Comments - Standard

East End Capital scores approval for co-living project in Wynwood Foyer Wynwood and Jonathon Yormak East End Capital secured approval for a co-living development in Wynwood. The Miami Urban Development Review Board this week approved Foyer Wynwood, a 12-story, 236-unit project on North Miami Avenue, between 24th and 25th streets, according to a press release. […]

Miami Commercial Real Estate News May 27, 2020: Coral Gables Whole Foods Anchored Mixed Use Trades; Virgin Trains Seeks to Add 5 Stations; More…

May 27, 2020 - Top Stories - 0 Comments - Standard

Virgin Trains seeks $350M to build five stations in Miami-Dade Virgin Trains is proposing a major expansion of the commuter rail service, funded mostly by Miami-Dade County. Virgin Trains USA is seeking $350 million from the county to build up to five train platforms between downtown Miami and Aventura, as well as related infrastructure that would […]

Brickell City Centre, Miami, Florida Retail and Office Commercial Real Estate

Miami Commercial Real Estate News January 30, 2019: More Legal Challenges to Beckham’s Stadium; Brickell City Centre Expansion OK’d; More…

Jan 30, 2019 - Top Stories - 0 Comments - Standard

Brickell City Centre OK’d for major expansion Brickell City Centre is poised for another major growth spurt, adding 972 residences in two towers, stores and entertainment venues, parking, a ground-level plaza, and enhancements around the South Miami Avenue Bridge. The sweeping development from Swire Properties Inc. continues to transform the Miami neighborhood south of the Miami […]

Miami Commercial Real Estate News November 28, 2018: Metronomic’s $74 Million Plan for West Grove; Lissette Calderon Eyes Allapattah; More…

Nov 28, 2018 - Top Stories - 0 Comments - Standard

Developer plans $74 million mixed-use project along Grand Avenue in Coconut Grove A Miami developer is under contract to purchase a large assemblage in the West Grove where it’s planning a $74 million, mixed-use project. Ricky Trinidad’s Metronomic announced plans for Grand Plaza, a 12-building development on Grand Avenue in Coconut Grove. Trinidad’s firm isn’t the […]

Miami Commercial Real Estate News March 14, 2018: New Tallest Tower to Begin Work; Miami Beach Macy’s Site Under Contract; More…

Mar 14, 2018 - Top Stories - 0 Comments - Standard

Macy’s site on Miami Beach under sale contract Sale of the Macy’s department store site on Miami Beach is currently in process. The site is under contract, with Marcus & Millichap commercial brokerage managing the sale. The Macy’s building itself at 1675 Meridian Ave. is a two-story square building that sits on 50,000 square feet, but […]

Miami Commercial Real Estate News February 21, 2018: Swire Partnering to Develop Next to Brickell City Centre; More…

Feb 21, 2018 - Top Stories - 0 Comments - Standard

Swire partners with Carlos Mattos to develop site next to Brickell City Centre Swire Properties is making moves again in Brickell. Swire is partnering with Colombian businessman Carlos Mattos to jointly develop the property at 650 South Miami Avenue, a spokesperson told The Real Deal. The developers are planning a residential project on the former Tobacco […]

Miami Commercial Real Estate News February 1, 2018: New Mixed-Use Project for Arts & Entertainment District; More…

Jan 31, 2018 - Top Stories - 0 Comments - Standard

NR Investments plans two new mixed-use projects for Miami’s Arts & Entertainment District Miami’s Arts and Entertainment District is getting two more NR Investments projects. Just two blocks south of its Canvas luxury condo tower and its apartment building, Filling Station Lofts, the developer is proposing a two-tower, mixed-use project split into condos, a hotel and […]

View of downtown Miami from Key Biscayne Bridge

Miami Commercial Real Estate News January 24, 2018: Miami Worldcenter Coming Along; Plans for Nearly 700 Apartments for Downtown; More…

Jan 24, 2018 - Top Stories - 0 Comments - Standard

Components of vast Miami Worldcenter coming together The vast components of the sweeping Miami Worldcenter project are coming together as residential towers rise and plans for a 330,000-plus-square-foot shopping venue are being finalized. A team representing developers Miami Worldcenter Associates LLC met with the city’s Urban Development Review Board recently with proposed façade changes to a […]

Miami Commercial Real Estate News August 23, 2017: Waterford at Blue Lagoon Sells; Reis Update on Industrial Properties; More…

Aug 23, 2017 - Top Stories - 0 Comments - Standard

California firm pays $5.6 million for building in Miami Beach, plans co-working space A Hollywood, California real estate firm just paid $5.6 million for an office building on 41st Street in Miami Beach where it plans to launch a co-working space. Property records show 820 AGR LLC, a company controlled by investor and developer Michael Simkins, […]

Miami Commercial Property News June 23, 2017: Grove Bayfront Development to Being in July; New Multifamily Construction to Absorption; More…

Jun 23, 2017 - Top Stories - 0 Comments - Standard

New multifamily construction to test the South Florida market Demand remains robust for rental housing in Miami and the rest of South Florida, among residents and real estate investors alike. But despite the area’s population and employment growth, some market watchers say South Florida’s extended, postrecession rise in monthly rents could slow or stop if […]

Miami Commercial Property Related News December 15, 2016: Focus on Downtown Development Intensifies; Alleged Mexican Fraudster’s Properties May Be Seized; More…

Dec 15, 2016 - Top Stories - 0 Comments - Standard

Focus on developing downtown Miami intensifies: ULI event Downtown Miami, traffic-clogged by day and deserted at night, could soon be transformed into a pedestrian-friendly urban dining and entertainment hub, say planners, brokers and local business owners. Sandwiched between Northeast Sixth Street to the north, Biscayne Bay to the east, and the Miami River to the south […]

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