Aug 17, 2015 - 0 Comments - Top Stories -

Miami Commercial Real Estate News August 17, 2015

FAA Approves Brickell Flatiron, Park West Tower, And Ritz Carlton Sunny Isles

It’s Christmas in August for three Miami developers, after the FAA approved the heights of their projects. They include:  Brickell Flatiron, approved for a height of 734 feet above ground.  Marc Robert’s Park West tower at 50-60 NE 11th Street (part of Worldcenter), replacing Euforia nightclub building. Approved for a height of 699 feet…

Genting is finally about to do something with one of its properties

Malaysian hospitality and gambling conglomerate Genting Group took Miami by storm back in 2011 by buying up the old Miami Herald building and a bunch of surrounding properties with plans to build a major destination resort and casino. Those plans were scrapped after lawmakers refused to rewrite gambling laws, and we were left…

Greater Downtown Miami condo boom comes full circle

The Greater Downtown Miami preconstruction condo boom has come full circle — down to the same exact block of Northeast 23rd Street in the Edgewater neighborhood — in the four years since this current real estate cycle began after the market crash of 2007.  Back in August 2011, the Melo Group kicked off this current boom when…

C&W’s Criddle, Etner Ink 114,000 SF Broward Office Lease

According to Cushman & Wakefield. the deal represents the third largest new office lease in Broward County this year.

Coming Attractions: Thirty Story Tower Coming to Vicinity of 163rd Street Mall

An Argentine developer, who is not named, is planned on building a thirty story mixed-use apartment tower at 1700 Northeast 164th Street in North Miami Beach, currently a parking lot, reports The Real Deal. The site is further west than most new development in the area…

Do Landlords Have to Go Green?

Could a tenant be required to sign a green lease? What happens if they breach it? What about landlords? What is their obligation?…