Globalize Miami Series: PortMiami and its Significance to Miami’s Growth
In the weeks ahead, our New Miami Blog will present a series that asks how Miami can become the nation’s premier center for education, innovation and entrepreneurshipin global trade. We will invite PortMiami leadership as well as community leaders in logistics, trade organizations, shipping, r…
Florida: A Model for P3 Legislation
The challenge posed by deteriorating infrastructure in communities throughout the United States has received increasing attention in recent years. While roads and bridges are crumbling and important civic spaces such as convention centers are in desperate need of retrofit, infrastructure budge…
Art Basel Miami Beach Attracts World-Class Hotel Brands
Last week more than 75,000 art aficionados and celebrities from around the globe descended upon Miami for the 2014 edition of Art Basel Miami Beach. What began in 2002 as a winter outpost of the original Art Basel in Basel, Switzerland, the Miami Beach show has now overtaken its older sibling …
Miami-Dade County’s Public Transit Plans Spur Development Opportunities
With Miami-Dade County making a concerted effort to expand its public transit system, South Florida developers are asking “what development opportunities will accompany the birth of such transit system?” Likewise, it will befit South Florida developers and attorneys to lea…
Canadian Real Estate Brokerage Expands U.S. Reach Through South Florida Purchases
Canadian Real Estate Brokerage Avison Young, Inc. recently expanded its U.S. reach when it announced last week that it entered into a definitive agreement to acquire Miami-based commercial real estate brokerage and property management firm Abood Wood-Fay Real Estate Group, LLC. The purchase will net…
MIA Expansion Indicative of City’s Economic Growth
For signs of economic growth in Miami, look no further than Miami International Airport, or as Miamians call it, “MIA.” In the past couple of years, MIA has experienced incredible growth. It is recognized as the number one international gateway for the growing U.S. trade with …
All Aboard Florida to Hold Public Information Workshops
All Aboard Florida broke ground on the first phase of the development this week, beginning construction on the Fort Lauderdale station and generating even more excitement around what is already a highly anticipated project. All Aboard Florida is an express passenger rail service unlike any other in …
Lincoln Road Property Prices Soar
Lincoln Road property values are soaring to new heights with tenant rents and property prices at record highs. Dating back to the 1920s, Lincoln Road has seen its share of transitional decades, but experts say this time it’s noticeably different:
“[i]n the realm of commercial real estate…
What top Miami developers are predicting for 2015
From left: Ron Krongold, Nitin Motwani, Don Peebles, Jacob Roffman, Tom Roth
We asked top developers in Miami what they see happening in the real estate market in 2015. Here’s what they had to say:
Ronald Krongold, CEO of Gold Krown Financial:
“I think in 2015, [the market] is going to s…
Skanska signs $101M contract for Miami science museum
Rendering of The Patricia and Phillip Frost Museum of Science in Miami.
Skanska USA will officially build the Patricia & Phillip Frost Museum of Science.
The builder signed a $101 million contract for the museum, which is set to be complete during the summer of 2016, the company announced today….
Flagstone Island Gardens project progresses after 13 years
A rendering of the hotel, retail and mega-yacht marina project proposed by Flagstone Island Gardens
Remember the elusive Flagstone Island Gardens which Turkish developer Mehmet Bayraktar announced 13 years ago?
The project located on western Watson Island which promised luxury shops, hotels and a ya…
Crocker Partners buys Boca office towers for $81M
One Town Center and the Plaza office buildings in Boca Raton
Crocker Partners reacquired two Boca Raton office towers last week.
The real estate investment firm reportedly paid $44.7 million for One Town Center and $36.3 million for the Plaza, according to public records. MetLife Real Estate Investo…
Institutional investors look to cash out of South Florida rentals
From left: RealtyTrac’s Daren Blomquist and Blackstone’s Stephen Schwarzman
When South Florida’s market hit rock bottom, institutional investors pounced, buying as many foreclosed and short sale homes as possible.
From January 2012 through August 2014 major institutional inves…
