Miami-Dade to review plans for two residential developments
Manuel Grosskopf
The Miami-Dade County Commission will reportedly review requests for changes to two developers’ residential plans.
OROT Flagler, managed by Château Group principal Manuel Grosskopf, wants to build up to 240 multi-family units on the corner of Southwest Fourth Street…
Freedom Tower becomes “Media Hub of the Americas”
Freedom Tower and Miami Dade College President Eduardo Padron
Once the headquarters of the Miami News, Miami’s iconic Freedom Tower has long been a symbol of freedom for Cuban refugees and has been dubbed the “Ellis Island of the South.”
It even made an appearance in the 1983 …
Downtown Coral Gables office building sells for $14M
2199 Ponce de Leon Boulevard in Coral Gables and Pablo Cejas
A Coral Gables office building and nearby parking garage traded hands for $14 million last week.
P&C 2199 Ponce, a company headed by insurance executive Pablo Cejas, bought the two parcels at 2199 Ponce de Leon Boulevard and financed t…
Attorneys Point to 4 CRE Trends to Watch
MIAMI–I reached out to Holland & Knight to get a sense of what its attorneys see coming down the pike in 2015. Do you agree with these predictions?…
Power Lunch: At Epic’s Area 31, It’s All About the View
On the terrace, “the stellar view by itself makes it unique,” says Mika Mattingly, a commercial real estate broker who likes to power-lunch with out-of-town clients at Area 31. …
How Many Homes Can Pulte Build on $48 Million Acreage it Purchased?
The 260-acre purchase off Interstate 95 in Palm Beach County is approved for 275 homes. …
Seminole Hard Rock Gets Foot in NJ Door
New Jersey casino regulators approve a big by the Hollywood-based casino operator to open in Atlantic City or at the Meadowlands. …
Royal Caribbean Revenue Drops as Outlook Disappoints
Revenue dropped to $1.82 billion from $1.85 billion at Miami-based Royal Caribbean. Analysts expected higher revenue of $1.87 billion. …
Home Ownership at Lowest in Two Decades
The share of Americans who own their homes was 64 percent in the fourth quarter, down from 64.4 percent in the previous three months. …
Are Real Estate Crowdfunding Firms Delivering the Goods?
Crowdfunding is still a relatively new phenomenon in the real estate arena with most firms having less than a year or two under their belts. The question is whether or not they are also delivering results on targeted returns. CLICK ON THE HEADLINE FOR MORE…
Judge orders Lennar to execute $114M land purchase, company to appeal, Marlins and county to arbitrate ballpark costs…and more
A Lennar development and the company’s president and CEO Stuart Miller
1. Judge orders Lennar to execute $114M land purchase, company to appeal [South Florida Business Journal]2. Marlins, county to arbitrate ballpark costs [Miami Today]3. Lawsuit: Harbourside’s Mastroianni illegally usin…
N.Y. developers add to Wynwood portfolio, buy entire block for $11M
Dan Arev, Chaim Cahane and Jon Krasner of Yellow Side Ventures
A joint venture between two New York investment firms just bought an entire block on the west side of North Miami Avenue, between 24th Street and 25th Street, in Miami’s white-hot Wynwood neighborhood.
The partnership, between Yell…
Second Miami Beach Whole Foods awaits Planning Board decision
Rendering of the the new Whole Foods on Alton Road
Crescent Heights real estate developers want to construct a second Whole Foods Market in Miami Beach, and the city’s planning board is expected to review the developer’s proposal today.
The 55,351-square-foot site at 1901 Alton Road is o…
Atlas Capital submits plans for resi tower on Biscayne Boulevard
1900 Biscayne Boulevard
Another day, another high-rise proposal submitted.
A New York developer submitted plans for a 36-story condo tower at 1900 Biscayne Boulevard in Miami. Plans include 429 units, 27 of which would be studio apartments, 248 one-bedroom units, 149 two-bedroom units and five penth…
Board recommends approval for mixed-use Wynwood site
Site for planned hotel in Wynwood
Last week, Miami’s Urban Development Review Board recommended approval of mixed-use plans for 2110 North Miami Avenue.
New York developer Sonny Bazbaz is planning to build a hotel in Wynwood, which is expected to feature 163 studio and one-bedroom apartments, …
Developers eyeing Doral, as land elsewhere scarce
Downtown Doral and Armando Codina
Known mostly for industrial warehouses and suburban gated communities, Doral in Northwest Miami-Dade is undergoing an urban transformation fueled by a strong office market, as well as massive mixed-use projects like Downtown Doral and CityPlace Doral.
“The gro…
When Simple Deals Get Complex
MIAMI–Sometimes deals seem straightforward until you are faced with obstacles in the middle of the process. Such is the case with the sale of an office building in Spectrum Office Park in Fort Lauderdale, FL….
Cheers! Beer Warehouses in Doral and Homestead Sell for $44 Million
An Illinois food service company acquires two South Florida facilities from Gold Coast Beverage Distributors. …