Miami-Dade approves land deal for new mega-mall
Miami-Dade County Commissioners on Tuesday approved a land deal that would help bring the nation’s largest mall to the county. The final tally: 11-2 in favor. Developer Triple Five, which also built the current largest mall in the country, Mall of America…
American Dream Mall: The future biggest mall in…
The future biggest mall in the country, ‘American Dream Miami’ is one big step beyond being just a dream. Miami Dade County pols have overwhelmingly approved the land deal that will allow the mammouth project to move forward…
Development Update-O-Rama: Developer wants to convert adjacent land into a park…
A developer wants to convert city-owned land adjacent to his proposed 12-story condo tower on the Miami River into a public park, tentatively called Flagler Cove Park, that will connect to the river walk. Few details are available about what the Arquitectonica-desigend residential project itself…
New Times Regarding Miami as Sixth Most Important City to Ultra High Net Worth Individuals
Ultra-high-net-worth individuals aren’t just rich. They’re running the world. They aren’t just the 1 percent; they’re the 0.002 percent. To qualify, a person must have a net worth of at least $30 million in assets. As it turns out, Miami is not the full-time home base to tons of these individuals when compared to other major world cities…
Arquitectonica Chief Bernardo Fort-Brescia Is Once Again Working On Resorts World Miami
Bernardo Fort-Brescia, the head of Arquitectonica, met with Dade officials yesterday about the Resorts World Miami project, according to a county source. Still unknown: what exactly is planned for the project. Arquitectonica was hired in 2011 by Genting, the secretive developer of the project. At the time, Resorts World…
March 2015 Florida Real Estate Law Case Updates
The Whites and the Leamers lived in adjoining luxury waterfront townhomes. The townhomes are subject to a declaration of covenants, conditions, restrictions…
NAI Miami’s Spencer Young Negotiates Five Year Lease For TrueBlue Hospitality
True Blue Hospitality is a leading staffing, recruiting and workforce management company…
Miami International Mall gets three new tenants
Two retail stores and an eatery have signed leases for the Miami International Mall in Doral. Simon Property Group, an international retail real estate firm that has stakes in malls like Aventura and Dadeland, announced the lease signings on Tuesday. The new stores include…
Château Group unloads Aventura condo site for substantial profit
In a sign that the outlook for South Florida’s preconstruction condo market may be changing, the Château Group — a luxury developer that has announced plans for at least seven new towers during this cycle…
Reports: Percentage of underwater homes on the decline…and more
More than 27 percent of all mortgaged homes in Miami-Dade were underwater as of the fourth quarter in 2014, CoreLogic reported. That’s 122,963 residential properties…
Homebuilder buys 242 acres in Palm Beach for $17.5M
More than 240 acres in Palm Beach County were sold to a Sunrise-based home builder for what will likely become a housing development. An affiliate of GL Homes paid $17.5 million for the site, which is currently zoned for agriculture. The land is…
Historic Park Central Art Deco Hotel Gets Big Makeover Loan
And the Finalists for our Annual Top Dealmakers are…
The Daily Business Review announced the finalists for its annual Top Dealmakers awards. Winners will be announced at a May 8 luncheon …
It’s Getting Ugly in Sunny Isles: Neighbors not Happy With Ritz-Carlton Residences Developers
Neighbors accuse developers Edgardo Defortuna and Manuel Grosskopf of secretly buying up neighboring condos to protect views at their proposed Ritz-Carlton Residences in Sunny Isles Beach…
Grove Guy Editorial: Coconut Grove Having an Architectural nervous breakdown?
The other day, an acquaintance stopped me as I was walking down the street, and he asked me how he could sign up to run for commissioner. It was interesting to see another person who is interested in the job, I don’t remember this many people running for this one particular office before. I asked him why he wanted to run…
Negotiations for a Cuban Exile History Museum on Parcel B are underway
Representatives from the County, the Cuban Exile Museum, the Black History Museum, and HistoryMiami met to discuss a collaborative museum project in December 2014 and February 2015. Earlier in 2014, County representatives met with the Cuban Exile Museum and The Heat Group, and development of a plan…