Commissioners consider $1 Metromover fare, Walmart Neighborhood Market opens in Miami Gardens…and more
Commissioners consider $1 Metromover fare
1. Commissioners consider $1 Metromover fare [The Next Miami]2. Walmart Neighborhood Market opens in Miami Gardens [Miami Herald]3. More than $1 million worth of valuables to be auctioned in West Palm Beach [Sun Sentinel]4. FedEx distribution center still in…
Miami River project wants millions in incentives — plus land, from county
River Landing rendering and Andrew Hellinger
As part of its plan to redevelop the area between the Miami River and the Health District by adding retail and residences, the River Landing project is asking for millions of dollars in assistance from the county.
River Landing Development, led by de…
Businesses close at Brickell Flatiron site to make way for construction
Rendering of the Brickell Flatiron
Ugo Colombo’s Brickell Flatiron tower is on its way to starting construction.
Barú Urbano, bar and restaurant in the condo building’s future site, closed on Monday, according to published reports. A parking lot next door will also reportedly…
Where is Miami in the current real estate cycle?
Clockwise: Gregg Covin, 1000 Museum; Richard LeFrak, LeFrak; Philip Spiegelman, ISG; Reid Boren, Eastview Development; Alicia Cervera Lamadrid, Cervera Real Estate; and Jake Roffman, 13th Floor Investments.
Miami is still experiencing an unprecedented real estate boom fueled by a robust pool of weal…
BBX sells Palm Beach office building for $6.8M
A Palm Beach Gardens office building was reportedly sold at a significant discount to its foreclosed mortgage.
BBX affiliate Heartwood 42 sold the 196,061-square-foot building for $6.8 million to Rushmore PGA, according to a published report. The building, located at 4290 Design Center Drive, was de…
Moishe Mana adds to downtown Miami portfolio for $7.6M
Properties bought in downtown Miami and Israeli businessman Moishe Mana
Israeli entrepreneur Moishe Mana is adding several more properties to his downtown Miami portfolio.
44 East Flagler Street Realty LLC paid $7.6 million for three buildings and a parking lot between Flagler Street and Southeast 1…
Boca Raton “Banana Patch” land listed for $6.2M
The “Banana patch” properties
Boca Raton’s “Banana Patch” land is up for sale for the first time since 1978.
The 1.77-acre group of waterfront properties is on the market for $6.2 million. Its history allegedly involves ownership by Henry Flagler and Japanese farmers Ge…
U.S. Century Bank sells 2.7-acre lot near Cutler Bay
U.S Century Bank
U.S. Century Bank recently sold another repossessed property.
US Century REH VIII sold a vacant commercial site near Cutler Bay on Dec. 30, 2014 to 106th Avenue Investments Holdings, an affiliate of Ugo Colombo’s CMC Group, according to Miami-Dade County records.
The bank seiz…
Walmart Posts Massive Growth in Florida
MIAMI– Walmart is expanding rapidly in Florida, and especially in Miami. What’s behind the growth?…
Panama Canal Expansion A Boon For Midsize Companies, Too
The new trade routes will put shipping companies in reach of nearly two-thirds of the nation’s population, opening significant opportunities for another important sector: Middle-market companies in the United States. CLICK O THE HEADLINE FOR MORE…
New restaurant to open in Miami’s Vagabond Hotel, Genting plans for former Miami Herald site still a mystery…and more
New restaurant to open in Miami’s Vagabond Hotel
1. New restaurant to open in Miami’s Vagabond Hotel [South Florida Business Journal]2. Genting plans for former Miami Herald site still a mystery [Miami Herald]3. Have less than 20% down? This Edgewater project may be for you [Daily Busine…
Campania opening in Miami’s Design District
From left, Compania’s owners, Antonio Gallo and Chef Pietro Vardeu
A new restaurant is opening Thursday in Miami’s Design District, as the once gritty neighborhood continues to transform into a luxury shopping destination.
Campania, the newest regional Italian offering from restaurateurs…