Trammell Crow, AvalonBay to Develop 350-Unit Multifamily Community Near Miami Trammell Crow Residential, in partnership with AvalonBay Communities Inc., has unveiled plans to develop a 350-unit apartment community located at the corner of N.W. 36th Street and N.W. 79th Avenue in Doral, roughly 16 miles northwest of Miami. The residences will be part of a […]
ASB Acquires 302,000 SF Hialeah Industrial Property Near Miami Airport for $24.3 Million ASB Real Estate Investments has acquired a 302,000-square-foot industrial property in Hialeah for $24.3 million. The warehouse is located at 215 S.E. 10th Avenue, roughly 12 miles northwest of Miami and roughly two miles from Miami International Airport. The facility includes 23,000 […]
Okan Tower Will Redefine Downtown Miami As Florida’s Tallest Skyscraper Miami is a booming international city. Soon, it will be blooming too. Okan Tower, a 70-story flower-shaped architectural wonder will anchor the city’s surging skyline, ultimately unfolding as the tallest skyscraper in Florida. When completed, the versatile mix-used tower will soar 890 feet over downtown Miami […]
Parkway Properties, KKR pay $250M for former Sabadell Financial Center: sources A partnership between Parkway Properties and investment giant KKR just paid $250 million for the former Sabadell Financial Center in Miami, sources told The Real Deal. The seller was Prudential Real Estate Investors, which bought the property in 2013 for $184.3 million, property records show. […]
EastGroup Breaks Ground On 850,000-SF, Class A Industrial Park EastGroup Properties Inc. has officially broken ground on Gateway Commerce Park, becoming the most prominent Class A industrial project in Miami Gardens. Spanning 61 acres, the park marks EastGroup’s entrance into the premier Miami-Dade market. Gateway Commerce Park will offer tenants the flexibility to lease spaces ranging from […]
Amazon’s major Miami fulfillment hub nearly done Construction of the 855,000-square-foot Amazon fulfillment center at the Carrie Meek International Business Park is nearing completion. The Amazon center is the first of three phases. The second is a 280,000-square-foot industrial building. The final phase is a 5,000-square-foot headquarters for the Carrie Meek Foundation. The project will total […]
Redevelopment of CocoWalk advances as demolition starts on property’s east side Demolition work is under way on the east side of the CocoWalk complex in Coconut Grove to make way for a five-story office building and street-level retail space. It will be the first new office building to open since 1989 in Coconut Grove, where the […]
Triple Five’s $4 Billion American Dream Miami Project Wins Final Approval from County Officials American Dream Miami will be a massive mall and entertainment center in northwestern Miami-Dade County. The first phase is expected to open in 2023. Make way for American Dream Miami. The Miami-Dade County Commission did just that Thursday, granting a series of approvals […]
City swap, three-tower development on Miami River cast adrift A complicated deal to gain a new office complex for the City of Miami in exchange for a triple tower private development on the Miami River is not as advanced as recently proclaimed. In fact, City Manager Emilio González said it’s far from being a sure thing. The […]
Bridge Development scores $75M loan for Miami Gardens industrial park Bridge Development Partners just scored a $75 million construction loan and broke ground on the first phase of its Bridge Point Commerce Center project in Miami Gardens. The 2.1-million-square-foot industrial park is being built on 186 acres at 3900 Northwest 215th Street. Bridge Development bought the […]
Jungle Island’s new owner seeks approval for Watson Island hotel vote The new owner of Jungle Island is returning to the Miami City Commission later this month seeking referendum approval to build a hotel on the Watson Island site. In July, ESJ Capital Partners pulled the plug on a referendum request due to a lack of […]
American Dream Miami mega mall heads to county commission for final approvals More than a year after securing initial approvals from Miami-Dade County for what is planned to be the country’s largest mall, Triple Five Group will return to the county next month for a final OK. A development impact committee moved the $4 billion, 3.5-million-square-foot […]
$380 Million Development Bringing Rentals, Retail to Miami Riverfront The banks along the Miami River are mostly closed off to the public. Developer Andrew Hellinger is determined to fix that. “It’s not as inviting as it ought to be,” Hellinger told CoStar News. “What we’re trying to do is open up the river and invite the […]
Wynwood board approves three new office developments A Chicago developer that lured global conglomerates to the Windy City’s trendy West Loop neighborhood is looking to replicate its success in Wynwood. Sterling Bay Projects is proposing a 10-story mixed-use office building on the west side of Wynwood on Northwest Fifth Avenue between 26th and 27th streets. The […]
Grand Station moves forward with 30-story apartment tower in downtown Miami Grand Station Partners is moving forward with its plans for a public-private partnership with the Miami Parking Authority to develop a high-rise rental tower on a site in downtown Miami. The developer, led by Rovr Development principals Oscar Rodriguez and Ricardo Vadia, submitted a building […]
Here’s where construction stands on the massive Miami Worldcenter The $2 billion Miami Worldcenter project will create its own mini Miami skyline when it’s done. The development, spearheaded by Art Falcone and Nitin Motwani, will include a street retail component, along with an office tower, two apartment buildings and the Marriott Marquis convention center in […]
