Dec 24, 2015 - 0 Comments - Top Stories -

Miami Commercial Property News December 24, 2015

Project for vacant port land on fast track?

A campaign by Miami’s Downtown Development Authority to block any competing use on the county-owned southwest corner of Dodge Island, near PortMiami, seems to be gaining traction.  Ken Russell, new authority chair and Miami commissioner, told the authority’s board on Friday that he had me…

Projects around stations as vital as the trains themselves

Two heartening reports in Miami Today last week focused on pro-jects planned around Metro-rail stations. Unfortunately, most remain just plans rather than apartments, condos, retail and offices.  As auto traffic overwhelms Miami-Dade, developments near transit offer two hopes of relief.  First…

Jade Signature Unveils Sleek Video Rendering of its Sky Villas

The visuals painting the upcoming Jade Signature in Sunny Isles Beach continue to shock the senses. The latest is a new video rendering showing one of the north sky villas, the two-story residences unleashing 180 degrees of unobstructed views for the…

Miami Condo Prices Over 10 Years By Area, Visualized

Prices continue to rise in the Miami condo market as we enter the closing weeks of 2015. This chart via E Miami Condos shows nine key South Florida areas over the last 10 years plotted by median price per square foot. Many areas are close to returning to 2005 prices before the…

Tommy Hilfiger’s Raleigh Hotel to Become a Private Club

The Raleigh Hotel isn’t just on the cusp of major renovations but is also changing its course, shifting from a popular South Beach hotel to a private club, learns Page Six. Although Tommy Hilfiger is not planning to sell the hotel he purchased for $56.5 million in 2014, he says he…

Video Gallery: The Fed Has Raised Rates, But Is More Coming?

The cost of money has come up for the first time in more than nine years: the Federal Reserve Bank announced a raise in its short-term interest rate of a quarter point. For a quick look at various takes on the move, check out the following video gallery…

Will Capital Keep Flowing Into Miami?

Overall, availability of equity and debt, overall, is abundant—but …