Photos of Construction Underway At Melo Group’s 647-Unit Aria On the Bay

With foundation work underway, Melo Group’s 50-story Aria On the Bay has been added to our TNM Index of projects under construction.  At 647 units, it packs one of the highest amount of residential units into a single condo tower of any currently under construction in Miami. Tibor Hollo’s Panorama Tower…

All Aboard Florida Finalizing Plan for 3 MiamiCentral On CRA Property

All Aboard Florida has submitted plans for 3 MiamiCentral, a mixed-use development in Overtown.  The project is planned to be built on a CRA-owned 1.89-acre lot located at 160 NW 7th Street. The CRA approved a long term lease with the company in 2013, allowing a project to be built on the site.

Angler’s Hotel Expansion Now Underway In South Beach

Construction is now underway on a project that will expand Washington Avenue’s popular Angler’s Hotel in South Beach.  As part of the project, 84 new rooms will be added to the hotel, which currently only has 45 rooms. The expansion also includes 3,000-square-feet of ground floor retail space, as well as 1,250-square-feet of meeting space.

Work Underway At 372-Unit Broadstone Brickell Project

Moss Construction has started work on the Broadstone Brickell project.  The project includes 372 rental units. It is being built by Alliance Residential, which also has the 418-unit SoMa at Brickell under construction nearby.  Broadstone will rise 24-stories, or 253-feet. Amenities for residents include a pet grooming spa…

52-Story Tower Above MPA Garage In The Works, Would Add 432 Downtown Units

Investigative Report: County gets a slap from the FIND Commission on Parcel B

Parcel BThis is the famous Parcel B owned by the County (The City of Miami sold it to them), always zoned parks. In a referendum to get the Heat Arena property, multi-billionaire Micky Arison promised it would be a soccer field. The County went to the Florida Inland Navigation District (FIND) to get…

Comment of the Day: “In the new plans for Biscayne…

“In the new plans for Biscayne Boulevard, what is happening to the Royal Palms? They were planted in 1926, each in memory of a World War I veteran who died. Any destruction of the Royal Palms of Biscayne Boulevard would be a betrayal. The new plans don’t even have many Royal Palms visible, when…

Marine Stadium Update: With the ‘Friends of the…

Doing it in public: Twenty Interesting Ideas to Improve Miami’s Public Spaces

Miami’s First ‘True’ Public Square?  Last week marked the official deadline for The Miami Foundation’s Public Space Challenge. Throughout the past month, Miamians submitted ideas on how to address our city’s lack of functional, communal, and truly accessible public spaces. To compare with global…

Construction Watch: The Frost Museum of Science…

The Frost Museum of Science has surpassed its 50 percent construction mark and is just over a year from its opening season, planned for summer 2016. The planetarium sphere is enclosed, the Gulf Stream Tank is getting shark-ready, and the ‘living core’ is getting ready to host life. New photos from…

Sittin’ on the walk of the bay: Related is Paying for the Biscayne Line, Miami’s Great Baywalk

Three key players behind the Biscayne Line—a name that was originally limited to just the section of baywalk that the Related Group is spearheading through Edgewater but is evolving to mean the entire seven miles of Miami’s future baywalk system, as well as five…

I Cover the Waterfront: In his monthly column in…

In his monthly column in Tropic Magazine, Curbed Editor Sean McCaughan looks at how the past year has been living without a car. The answer: because of living in the right area, services like Uber and Citi Bike, and working out of the house, not bad. Not bad at all…

New rental apartments in Broward outpacing demand: report

The stock of newly built apartments in Broward County is growing faster than demand, and vacancy rates are expected to rise this year, according to a recent report by Marcus & Millichap.  With 3,500 new units…

Blackstone, Wells Fargo close to acquiring most of GE’s $30B real estate portfolio

From the New York website: General Electric is close to selling most of its $30 billion real estate portfolio, and top candidates to buy include Blackstone Group…

Duke Realty sells Broward portfolio for $175M

Indianapolis-based Duke Realty recently sold a 940,319-square-foot Broward office portfolio.  Duke Realty affiliates sold nine properties to Starwood Capital, Trinity Capital Advisors and Vanderbilt Office Properties for $175…

The Good News About Florida CRE Insurance

Franklin Street’s Tom Kersting gives GlobeSt.com’s Jennifer LeClaire his predictions for the insurance market in Florida in part two of this exclusive interview series….

White Hot South Beach Retail Hits Market

This asset sits in one of the highest barrier-to-entry submarkets in Miami Beach. Get all the…

Duke Trades South Florida Portfolio to Starwood Capital for $178M

Starwood Capital Group closed a deal worth more than $178 million with Duke Realty for an office portfolio in Sunrise and Plantation…

FBI Opening New $194 Million South Florida Office

The FBI is officially opening its new South Florida field office at a suburban Broward County building that consolidates far-flung operations…

Rents Up: Cheaper to buy than rent in Miami-Dade County

Buying a home in Miami-Dade County could be cheaper than renting, according to a new study from RealtyTrac.
The study looked at the affordability of renting versus buying a three-bedroom home, and based its findings on how much each option would cost as a percentage of the median income of an area.

Affordable housing project in Fort Lauderdale to open Friday

The Village Place Apartments, a $125 million affordable housing project for seniors in Fort Lauderdale, is set to open on Friday.  The 112-unit project was developed by the Housing Trust Group of Miami, which bought the land in 2013 for $2.8 million and finished construction earlier this year.

Miami the Fifth Least Affordable for Renters

Start to feel nervous around the first of the month when the landlord comes to collect the rent check? You’re probably far from alone in Miami-Dade. It’s no secret that rents have started to skyrocket recently — they weren’t exactly cheap before — but things have gotten so bad that Miami-Dade is now the fifth least affordable county…

Miami to vet cost of Tri-Rail link downtown

City officials plan to re-evaluate the price tag to expand Tri-Rail to downtown Miami, Mayor Tomás Regalado said.  The $69 million cost was estimated in talks among the South Florida Regional Transportation Agency, Tri-Rail’s operator; All Aboard Florida; the company that owns All Aboard’s rail corridor; and the Florida Department…

Mindboggling Reveals: Wynwood’s ‘First True Mixed-Use’ Building Will Have 101 Underground Parking Spaces

Goldman Properties has proposed ‘Wynwood’s first true mixed-use ground up building’ for a site at 2700 NW 2nd Avenue that would contain 72 residential units, 68 hotel rooms, a little more than 11,000 square feet of retail, a little less than 50,000 square feet of offices, and large panels on the…

Developer Terra buying Miami city garage

Dacra leasing new Design District phase

Bal Harbour Shops just a few years ago was Miami’s ground zero for luxury retail brands, but that has changed. About 18 months ago, pioneering real estate developer Dacra, in partnership with L Real Estate, began plans for Miami Design District, a low-rise shopping enclave that features pedestrian promenades…

Blockbusters: The Most Expensive ‘Tiny’ Home in America is at the Setai

When the Wall Street Journal officially bestows Miami Beach as the city with the most expensive tiny home in America—that ‘tiny home’ being an 800 square foot pied a’ terre at the Setai that’s on the market for $2.5 million—even beating out that epicenter of tiny, ultra expensive…

Health firm leasing in ballpark garage

Walmart Wars: Oh Good Lord, a Walmart SuperCenter is Coming to the Keys

Walmart is planning to build a 123,000 square foot SuperCenter as part of a 335,000 square foot shopping center on Rockland Key, just a hop, skip, and a jump up the Overseas Highway from Key West. (h/t: The Next Miami) Neighbors are, of course, concerned about traffic and affordable housing for…

Conversions Of Older Office Buildings Are Pushing Prices And Rents Higher

Older office buildings in cities including Chicago, Los Angeles and Miami are being bought for above their replacement costs, with conversion plans that include residential or hotel towers.

Senate Tightens Requirements for Construction Defect Claims

The Florida Senate is following a recent national trend of tightening its laws governing construction defect claims. Currently, under FL. Stat. § 558.004, entitled Notice and Opportunity to Repair, a party claiming a construction defect must serve a notice of claim upon the party whom they have…

Gold Coast Freightways leases Weston industrial building

Clarion Partners has leased its 230,600-square-foot, Class A distribution building in Weston to Gold Coast Freightways, according to CBRE, which arranged the lease.  Miami-based Gold Coast Freightways initially occupied half of the building at 3245 Meridian Parkway…

City pushes new Baywalk link

Miami’s growing improved baywalk could be extended to hug the FEC deep water slip and connect Museum Park to land beside AmericanAirlines Arena under a waterways project the city has floated.  The city commission has authorized a grant request that would help fund the bulk of the baywalk extension. It was one…

Century 21 Department Store opening at Sawgrass Mills

Century 21 Department Store will open at Sawgrass Mills this fall, marking the retailer’s debut in Florida and its first foray outside the Northeast.  The 85,000-square-foot store will serve as an anchor of the Sunrise shopping center as it continues to expand.

Hilton convention center hotel tops off in West Palm

The Hilton West Palm Beach convention center hotel topped off on Tuesday.  Miami-based Nichols Brosch Wurst Wolfe & Associates is the architect on the project, a 400-room, 12-story resort that will include 24,000-square-feet of meeting space and…

Avison Wins Mega Office Portfolio Deal

Avison Young just scored the largest Florida office leasing assignment in Florida in recent years. Get all the details…

Coconut Grove Grove retail in turnabout

Palm Beach County Commission allows project near Scripps

To make sure a giant regional headquarters could be built on a site off Interstate 95 and Donald Ross Road, Palm Beach County commissioners voted unanimously Tuesday to lift land-use restrictions that call for the site to be used for bio-science and biotechnology.

Keyes Commercial Real Estate Offices

American Dream Miami mall opponents turn to Tallahassee for help

Two South Florida competitors of the proposed $4 billion Miami mega-mall/entertainment center could be turning to Tallahassee for help derailing the massive project before it gets started.

Arrested Development: Brickell’s Wacky, Glamorous Walgreens is, Sadly, Shelved

Architecturally adventurous Walgreens Drug Stores may have to remain a Miami Beach phenomenon for now (see here, and here, for example), as the much anticipated, flamboyant, fabulous Walgreens that was being designed by Demandt Architecture for a site at 296 SW 7th Street has been canceled. One of…

Goldman Properties Submits Plan For New Mixed-Use Project In Wynwood

Thursday, The Sea Level Rise Committee Will Be Formed for the City of Miami: Call Someone to Appoint You.

This sure came out of the blue… environmental people should apply!!!!! Pass it around.The Sea Level Rise Committee was created to: (1) review any and all available information pertainingto sea level rise;(2) hold public hearings to receive public input;(3) issue a final written report…

Native American Relics: In a brightly painted old…

In a brightly painted old house surrounded by new condo towers, Ishmael Bermudez claims to have discovered Native American relics much like those at the Miami Circle and Met Square and is fighting to save them against encroaching development. There’s also a natural well, and perhaps even a Tequesta …

Photo tour the Completed, Eco-Crazy, 1 Hotel South Beach

News originally broke back in early 2013 that the old rambling barn of a hotel originally known as the Roney Palace when it was built in the 1960s (on the site of the former Roney Plaza, but that’s a story for another day), and then the Gansevoort, was going under the knife for its biggest transformation yet to become the 1 Hotel & Homes…

The Spring 2015 Linneman Letter: Oil Economics

NAI Global’s Chief Economist Dr. Peter Linneman tackles the oil economic questions that everyone has, “What do low oil prices mean?” and “Will they remain low?”not being protected [Miami Herald]3. Touring the completed, eco-crazy, 1 Hotel South Beach…

Retail site for sale near Lincoln Road in Miami Beach

What will become of vacant land along PGA Boulevard?

Six weeks after the sale of a prime piece of vacant land, Palm Beach Gardens officials are still waiting for word on the new owner’s plans.  A 5.4-acre site near Downtown at the Gardens and The Gardens Mall sold in February for $8.5 million. The buyer is Gardens Corporate Center, whose owners include developer Guy DiVosta…

Purobeach wants to dive into the Miami market

Purobeach, a luxury beach club with locations from Portugal to Dubai, is scouting sites in Miami-Dade County, with plans to open two hotel locations, The Real Deal has learned.  The upscale lifestyle concept feature…

Related Urban, county break ground on affordable housing community

Miami-Dade County and Related Urban broke ground on a public housing project in Miami today.Stirrup Plaza II, a 68-unit community geared toward low-income seniors and the disabled, is the seventh public housing project developed between the county and Related Urban.

Second Hollywood Beach condo tower completed this cycle

A second new condo tower has been completed in the Hollywood/Hallandale Beach market in Southeast Broward County, in this current South Florida real estate cycle that began in 2011.  Construction of the new seven-story Positano Beach with 17…

Historic South Beach Hotel Sells

How Miami Neighborhoods Got Their Names

Ah, Miami-Dade County: the land of dreamers, visionaries, builders, and fabulously peculiar towns and neighborhoods. Before the real estate land boom of the 1920s it was a swampland, but that didn’t stop the country’s rich from coming to make their mark. These early pioneers came with big ideas that would be the beginning…

Commercial Properties Fill the Miami Skyline at Dusk

429-Unit Rental Project Planned At Miami Worldcenter

While sales are already underway for a condo tower at Miami Worldcenter, a second residential tower is being planned as a rental tower.  Plans for the 47-story ‘Tower 1′ at Miami Worldcenter show that the high-rise would include 429 apartments. Units would be relatively small, ranging in size…

Design District: Louis Vuitton Opening,…

Speaking of the Design District, Racked Miami reports that Louis Vuitton’s mega multi-story boutique will be opening there this Friday in its own building. Big name boutiques have been opening left and right in the neighborhood, but Louis’ opening is particularly noteworthy. [Racked Miami; Design …

Biscayne Beach Gets FAA Approval

Federal Aviation Administration officials have concluded a study of the Biscayne Beach condo project, resulting in approval for the height of the tower.  In a determination issued last week, the FAA approved the 585-foot height that developers had requested for the building. That is in the same range or slightly taller…

Parking Palaces: The Design District’s Silvery City View Garage is Opening Soon

If you’ve driven on the link between Julia Tuttle and 112/I-95 anytime in the past year, or if you’ve been circling the neighborhood for parking lately, you have without a doubt come across the Design District’s brand new City View Garage, tempting but unavailable to park….

Fun with urban planning: In a long piece in the Herald…

In a long piece in yesterday’s Miami Herald on the Downtown Development Authority’s plan to turn Biscayne Boulevard into a Grand Promenade, Andres Viglucci notes that the DDA wants to revisit extending the pedestrianized promenade to the north in the future. For now it stops at NE 5th Street because…

Brickell Heights condo towers land $160M construction loan

The Related Group’s Brickell Heights towers received a $160.5 million construction loan, Miami-Dade County records show.  Wells Fargo granted Brickell Heights the mortgage to 9SMA and 9SMA West, LLCs affiliated with Rockpoint Group, a real estate private equity…

Terra and Related Groups’ Park Grove development harmful to business, Coconut Grove Bank lawsuit alleges

Pipeline Workspaces valued at $15M, working toward $100M valuation by 2017

Shared workspace company Pipeline Workspaces sold a minority stake, bringing the company’s valuation to $15 million.  A member of Pipeline Brickell bought the stake, according to a company press release. Pipeline Brickell is the brand’s first location.

Developers plan 925,000 sf business park for Deerfield Beach

Two developers have announced plans to build a 925,000-square-foot business park on the site of the former Deerfield Country Club in Deerfield Beach.  The park, branded as the…

Q&A with Harvey Hernandez of Newgard Development

Harvey Hernandez, president and CEO of Newgard Development Group, has been developing commercial and residential properties in the tri-county region for two decades, most recently with the opening of BrickellHouse in December, which sold 366 of 374 condos as of January.

Anheuser-Busch Picks This Brickell Tower

Hovnanian Starting 538-Unit Senior Communiity in Parkland

Groundbreaking is set Wednesday for Four Seasons at Parkland for buyers 55 and up.

Contractor walks away from Keys’ largest redevelopment project

The general contractor installing the infrastructure on the largest redevelopment project in the Keys walked off the job about a month ago and has gone into bunker mode — effectively putting the multimillion-dollar operation on hold once again.

Brickell Avenue Miami Office Buildings

Senate push to expand lobbyist registration to special districts like Broward Health

A bill to broaden water management district lobbyist registration rules to apply to hospital districts, expressway and port authorities, children’s services districts and other special taxing districts with budgets in excess o…

Railroading: The Tri-Rail station at the Miami Itermodal Center Opened

The Tri-Rail station at the Miami Intermodal Center opened yesterday to a slow trickle of customers, in preparation for the increased number of commuters expected today. After years of planning and construction, the MIC is now almost completely operational, with the only element left being Amtrak.

Development Update: Faena Launches Sales for Versailles Classic and Contemporary

Sales have launched at the Faena District for the two towers coming to the Versailles Hotel property, known as Versailles Classic and Versailles Contemporary. Classic, of course, is the restoration of the art deco Versailles Hotel, which is being converted into 22 units, with bathrooms that look…

Miami ranks fourth in top 10 healthiest cities

Miami was ranked as the fourth in a list of the 10 healthiest cities in the country, according to Livability.
The publication cited Miami’s low obesity rate — 12 percent below the national average — and the city’s plentiful exercise opportunities…

Run Out of Cuba, Americans Cling to Claims for Seized Property

With a change in diplomatic relations, what happens to 6,900 claims filed by Americans over property seized in Cuba?

Judge Sides With Miami Beach Condo Association on Engineer’s Lien

A Miami-Dade circuit judge rules an engineering firm suing a Miami Beach condo association can’t use a single lien to recover for work done under nine contracts, the association’s attorney said.

Views in 1939 of Collins Ave from the roof of the Normandy Plaza Hotel

Looking north on Collins Avenue from the roof of the Normandy Plaza Hotel near 70th Street. (Oct. 1939).  Looking south on Collins Avenue from the roof of the Normandy Plaza Hotel near 70th Street.

Anatomy Of A 90% LTV Office Deal

I think it’s fair to characterize the following transaction as a symbol of our current national office market boom. Gone, gone, gone are the days when lenders’ hands were tied and 30-40% minimum cash on the barrelhead was a necessity to get a deal done for an office building in a…

Sea level rise in Miami: Dr. Harold Wanless on podcast, “This Can’t Be Happening” … by gimleteye

Harold Wanless, a leading climatologist and geologist based at the University of Miami, returns to the “This Can’t Be Happening!” program after a year to revisit his claim that global warming and sea level rise are going to be much more dramatic than the consensus predictions of…

Revenge of the megaprojects: Coral Gables’ Biggest Development Ever Gets First Approval

The Mediterranean Village, Coral Gables’ biggest development project ever, or since the development of Coral Gables itself (which was originally one big development, so there) has received preliminary approval from the city baring a number of revisions to the design. If it receives second approval…

Check out TRD’s new South Florida Market Report

Once a gritty strip pockmarked by motels where prostitutes and drug dealers plied their trade, the Miami Modern Biscayne Boulevard Historic District is now a burgeoning area with new hotels, restaurants, shops and office space. The Real Deal‘s new South Florida Market Report explores the…

Take A Peek At Downtown Miami’s Future Skyline

Miami’s Downtown Development Authority has released a video that provides a glimpse of what the skyline will look like when the current crop of construction projects have been completed.  The video helps to visualize the massing of Miami’s evolving skyline by showing buildings that are both proposed and under construction.

Sea level rise in Miami: Dr. Harold Wanless on podcast, “This Can’t Be Happening”

Harold Wanless, a leading climatologist and geologist based at the University of Miami, returns to the “This Can’t Be Happening!” program after a year to revisit his claim that global warming and sea level rise are going to be much more dramatic than the consensus predictions of th…

Development Update: Southgate Towers Phase 1, or the North…

Phase 1, or the North Tower, of the $40 million Southgate Towers renovation has completed. The 1960s-era 242 unit apartment building now includes a new facade, restaurant, yoga studio, and retail space. When completed, the South Tower will have another 253 units.

South Florida’s new condo pipeline moves closer to supply levels of last cycle

What was the total number of buildings and units built during the last boom cycle compared to this cycle for Miami-Dade, Broward and Palm Beach counties?  Unlike many of the nation’s largest metropolitan areas, the history of the biggest cities of the tri-county …

Carol City shopping center sells for $7M, developer to raze it

A shopping center in Carol City just traded hands for $7.1 million, and the buyer reportedly plans to redevelop it into a “Class-A” retail center.  The Carol City Shopping Center, on the corner of Northwest 27th Avenue and Miami Gardens…

Russian developers pay $10.5M for Denny’s site in Sunny Isles Beach

The Verzasca Group paid $10.5 million for the Denny’s site it’s planning to develop as a 19-story luxury tower in Sunny Isles Beach.  The planned development will have 76 units priced from below $1 million…

Wynwood property asks $17M, 5x more than in 2011

$500M mixed-use Coral Gables development gets first approval

A Coral Gables development is one step closer to becoming a reality after a Thursday city commission meeting reportedly gave the project initial approval.  The Mediterranean Village, a $500 million mixed-use project to be developed by Agave Ponce, passed its first…

Miami investors get caught up in Cuba’s real-estate revolution, report says

Cuban-Americans from Miami are getting caught up in a real-estate revolution that is sweeping Cuba, The Wall Street Journal reported Friday.  Online services connecting foreign buyers and sellers such as Point2Cuba.com are helping some Cubans on the Communist island to accumulate wealth. This is all despite the criminal penalties…

Brickell construction project takes big step forward

A major haul for the 1010 Brickell Condo project as they take a big step in the construction of the soon to be luxury condominium building.  Crews working around the clock to fill 5600 cubic yards of cement into a very tight space, a key part of the overall project. Project Executive for Moss Construction Managers, Stephen Chang…

Keyes Commercial

Phase one of Southgate Towers’ $40M renovation complete

Southgate Towers, a 1960s apartment building in Miami Beach, completed the first phase of its $40 million renovation, ADD Inc. announced recently.  The completed North Tower includes a new facade, 242 redesigned units, a lobby, fitness center with yoga…

Cruise lines seek more Miami berths

More cruise ships aim to come to PortMiami, a Miami-Dade County official revealed.  A number of companies are in talks with the county about bringing their ships to PortMiami, Deputy Mayor Jack Osterholt told Miami Today on Monday.

Torrid housing pace catches up to ’04

Despite four record-breaking years, residential prices are only now regaining their 2004 highs, according to Teresa King Kinney, CEO of the Miami Association of Realtors.  During an address at the Greater Miami Chamber of Commerce South Florida Real Estate Summit last week on Jungle Island, Ms. Kinney shared…

Sabadell Demos Strong CBD Office Demand

Demand for premium office space in Miami’s urban core is rising. The latest sign comes from Sabadell Financial Center…

Getting Inside the Head of Foreign Investors

Foreign investment may be changing because of the strengthening US dollar, but it’s still a strong force in Miami and beyond. What are the smaller investors buying…

North Beach on comeback trail

Hialeah Rail Yards Taps Intermodal Trend

Square Mile Capital just invested big in the rail yard and intermodal center. Find out why….

Big Sugar Pays Tea Party Protesters To Stop Everglades Rescue

“Big Sugar supporters hiring actors to pretend to protest is pathetic,” said Progress Florida Executive Director Mark Ferrulo. “Someone should ask who is paying for artificial sweetener to make polluting the Everglades and our drinking water easier to swallow.” Please se…

L’Atelier Residences Launches $33 Million Penthouse

The days of its drama-attracting affiliation with the property across the street formerly known as Canyon Ranch are long gone. The condo tower now being planned for the ‘Golden Sands’ site, called L’Atelier, will have a $33 million penthouse with 8,000 square feet of living space over two levels, …

Terra/Related’s Park Grove Groundbreaking Happening Soon

Ground is being prepped for Park Grove, the joint luxury residential project by Terra Group and the Related Group that was designed by Rem Koolhaas/OMA, with groundbreaking happening soon. The rear portion of the project, including a new building for the Coconut Grove Bank, will be constructed fir…

Hialeah Rail Yards Taps Intermodal Trend

The 228-acre rail yard and intermodal center next to MIA will provide an important link to the Miami seaport to support future shipping growth.

You Won’t Believe How Much This Buyer Spent on Kendall Apartments

Religious retirement community approved for construction in Broward

The Casa Sant’Angelo, a Catholic retirement community, received state approval to begin construction in Miramar.

Clocks ticks on Mediterranean Village plan

Developers of the proposed Mediterranean Village on the former Old Spanish Village site asked the Coral Gables Commission not to be afraid of sharing city founder George Merrick’s vision of growth with them and cautioned that time can run out as it did for the developer of City Beautiful.

What a difference in optimism three years have produced

Economic optimism that was squelched by the recession has come roaring back among Miami Today readers, and with good reason: their financial positions have improved markedly.  The average reader’s mean household income has jumped from $219,000 to more than $259,000 since 2012, data from Miami Today’…

Downtown Miami Commercial Buildings

Arrested Development: Blaming the cancelation on delays…

Blaming the cancellation on delays caused by a legal dispute with a neighboring landowner in which they eventually won, Ion East Edgewater is no longer being built as a condo tower. Its developers, Sakor Development, are instead planning a mixed-use…

Renovations: The Bass Museum Will Lose its Monumental Ramp in Expansion

The Bass Museum of Art has released plans to expand by Arata Isozaki and David Gauld, the same team that designed the museum’s last expansion between 1998 and 2002. The design fills in two of the museum’s exterior spaces—a courtyard often used for parties, and a dramatic patio area under…

Love Boat: Already the busiest cruise ship…

Already the busiest cruise ship port in the world, PortMiami is getting busier and busier with perhaps “three or four” new cruise ships in talks to call it home. Two more terminals may be coming too.

Dig This: The Panama Canal Is About To Get Busy

The 48-mile-long waterway that cuts across “the backbone of the Western Hemisphere” is going through the final year of a $5 billion dollar massive expansion that has also energized ports from Miami to Boston.

Atlantic Pacific Companies to expand SoFla management portfolio

Atlantic | Pacific Companies is expanding its portfolio in South Florida by 2,000 residential units, the company announced on Wednesday.  Atlantic | Pacific’s property leasing and condo association management division added properties in Brickell, the Miami Design District…

Update: Baywood Hotels paid $10.5M for closed Keys resort

The Florida Keys resort that recently traded hands between real estate heavyweight Peebles Corporation and Baywood Hotels was purchased for $10.5 million, according to Monroe County property records.  Peebles had purchased the 80-room hotel in…

Bonjour, Miami: French sister restaurant of Zuma and Coya to open next

Arjun Waney, the London-based co-owner of uber-popular Zuma — and the recently opened Coya — is planning to bring another of his international dining hotspots to the Brickell Corridor, The Real Deal has learned.  La Petite…

Terreno Realty, Fairchild Partners negotiate 300K sf lease

A custom retail fixture manufacturer and distributor signed a lease for more than 300,000 square feet in Hialeah, according to a press release.  Banah International Group was the building’s former tenant. The sugar company declared…

Japanese restaurant to make US debut in Miami Beach

Soho Bay, a Japanese restaurant chain that originated in Brazil, is making Miami Beach the home of its first location in the U.S.  Located at 520 West Avenue, the 12,000-square-foot restaurant will have indoor and outdoor seating for…

Fort Lauderdale-based Stiles announces change in leadership

Real estate development firm Stiles Corp. is changing its leadership succession plan, the company announced on Wednesday.  The roles of chairman and CEO will be separated over the next two years, according to a press release. Ken Stiles will replace his father, current…

Ion East Edgewater developer ditches condo plan, switches to mixed-use

The developer of the Ion East Edgewater has scuttled plans to develop the 36-story condo tower at 2701 Biscayne Boulevard, The Real Deal has confirmed.  In a company statement provided to TRD, Sakor Development said it is reevaluating, due to delays cause…

Miami’s CBC Hires Heavy Hitter

Find out who Coldwell Banker Commercial (CBC) Alliance just hired as an executive managing director and what he sees in Miami’s office market.

New Green Buildings in Miami

Rising sea levels around South Florida are probably the most important issue facing our megalopolis right now. To counter the deluge— literally and metaphorically speaking—and to respond to consumers’ demand for environmentally sensitive enterprises, developers are employing smart, new construction…

How Miami Beach is Fighting Climate Change

“Miami ranks number one in terms of vulnerability to sea-level rise associated with climate change,” says Ben Kirtman, professor of atmospheric sciences at University of Miami’s Rosenstiel School of Marine and Atmospheric Science. The US National Climate Assessment, put together by government agencies such as NASA…

Federal lawsuit calls All Aboard Florida funding “plainly unlawful”

Indian River County filed a federal lawsuit Tuesday challenging the approval of $1.75 billion in tax exempt bonds for All Aboard Florida, calling the award “plainly unlawful.”

Whats in a name?: In 1897 a flyer is…

In 1897 a flyer is sent to farmers in Sweden promoting a development in South Florida known as ‘Halland’, which was being sold by a man named Luther Halland. Some farmers do arrive establishing a Swedish colony, and that’s how Hallandale Beach was born.