Keyes Commercial Realty
Shopping Center & Office Tower in The Works At 3000 Biscayne?
A mixed-use retail and office project could be in the planning stages at 3050 Biscayne Boulevard. Crescent Heights, the company that owns the land, posted renderings of the new development on their website. A caption under the rendering cryptically refers to 343,000 square feet of retail, along with 180,000 square feet…
Mindboggling: Wild New Architecture Coming to the Design District
The next phase of the Miami Design District redevelopment has just been formally announced—an extension of the Paseo Ponti pedestrian mall and a northern plaza to be called Paradise Plaza along with new residential an a hotel—and along with it comes…
Planning Department Approves 2121 Wynwood Lofts/Retail project
A mixed-use Wynwood project was approved by Miami’s Planning Department last week. 2121 Wynwood is to include 7,200-square-feet of retail space on the ground floor, according to marketing material. It will also include ten residential lofts on several levels above the retail space. The property is located at 2121 NW 2nd Avenue.
Development Update: Bjarke Ingels’ Marina Lofts Towers to Go Condo, Partially
Asi Cymbal, the developer of starchitect Bjarke Ingels’ Marina Lofts on the south side of Fort Lauderdale’s New River, told the Real Deal that the project will now be a mixture of rental apartments and condominiums, instead of being entirely rental. The three-tower project was designed with a…
Historic downtown Coral Gables building trades hands
One of the City Beautiful’s oldest commercial buildings sold for nearly $2 million, Sperry Van Ness Commercial Realty announced Monday. Tenants of the 4,933-square-foot building at 290 Aragon Avenue in Coral Gables include Space Coast Credit Union and…
Miami Industrial Real Estate Market Report First Quarter 2015
The new year has started very strong for the Miami industrial real estate market. The average lease rates have already increased to $8.53 per sq. ft. and the average vacancy rate fell to 5.2%. The net absorption for the 1st quarter was an astounding 1.4M square feet. The largest lease so far this…
Florida bill could make it tougher for developers to terminate condo associations
Matching bills in the Florida Legislature would make it more difficult for developers to terminate condominium associations, a practice that can force some residents to lose title to their units against their will. A condo termination often occurs when a developer that owns the majority of the units wants to sell the property…
Math professor multiplies SoFla holdings with Walgreens purchase
Best Western boutique brand “Vib” to debut at 7.4-acre Edgewater site
Best Western’s new boutique brand will make its South Florida debut in Miami’s Arts and Entertainment District.
Vīb, short for vibrant, will one of two properties in the U.S. Best Western will team up with Richard Meruelo, who purchased the 7.4-acre…
Comment of the day (re LED tower): “It is perfect. It will be…
“It is perfect. It will be visually stunning and New Yorkers will be a bit upset that their favorite architect du jour is busy ennobling Miami. Best of all: the message it projects will be supremely vulgar. The cost of advertising on this monster will be so high, it will set superbowl standards for…
Miami’s Habitribe Fund seeks $50M through crowdfunding for real estate investment
Miami-based Habitribe Fund I has launched on the SBREfunds.com crowdfunding market place with the goal of raising $50 million. The crowdfunding platform run by Portland, Or.-based Fairway America is for accredited investors that can anonymously review opportunities…