Coral Gables transforming with mixed-use projects

Public art, pedestrian-friendly developments, and a booming commercial sector are all part of the future of Coral Gables, commercial real estate experts discussed at a panel on Wednesday. Paseo de la Riviera is among the new projects. The planned, mixed-use development will replace an existing Holiday Inn with a open-air…

Luma And Vice Apartment Towers Are Quickly Approved By The FAA

Two proposed downtown rental towers were approved by the FAA this week:  ZOM Development’s Luma at Miami Worldcenter was approved to be built at a height of 494 feet above ground, or 503 feet above sea level. The 44-story tower will include 429 units. Groundbreaking is expected in early 2016.  PMG’s Vice at the former Empire…

Melo Group nabs $95M Ocean Bank loan for Miami condo project

Melo Group obtained a $95 million construction loan for its Aria on the Bay condominium tower in Miami’s Arts & Entertainment District.  Miami-based Ocean Bank provided the mortgage to the Miami-based developer for the 647-unit project at 1770 N. Bayshore Drive. Site development work recently started and vertical construction…

Cranes flock away from Brickell City Centre

The last of 11 construction cranes for Brickell City Centre was removed last weekend, The Real Deal has learned.  Most of the cranes, which ranged from 100 feet to 500 feet, made up to 120 lifts a day, working nonstop. The cranes began arriving at the Brickell City Centre site in June 2013.  Their features included:  Special structural steel…

Florida Community Bank lends $47M to Little Havana condo project

The InTown condominium project in Miami’s Little Havana obtained a $46.7 million construction loan from Florida Community Bank.  The Weston-based bank (NYSE: FCB) provided the loan to Astor Intown, an affiliate of local developer Astor Cos. led by President Henry Torres. The 320-unit project broke ground in February…

Signature Coral Gables Building Trades

The 1955-built, signature 2-story building formerly served as the executive offices for Mayor’s Jewelers.

Bankruptcy filing by Miami Gardens warehouse owner stays foreclosure auction

The foreclosure auction of a Miami Gardens warehouse was stayed after the owner filed Chapter 11 reorganization.
The debtor, 5255 Holdings, made the bankruptcy filing in Miami on Aug. 15. The foreclosure auction was set to take place on Aug. 17 after U.S. Bank, representing a securitized commercial mortgage (CMBS) trust, won…

How Technology Is Shaping CRE

There is no doubt that technology has transformed our culture in every way. From how we communicate to how we buy services and how, and where, we work. But lately, technology’s impact has hit closer to home, in our industry. Technological advances in the commercial real estate (CRE) sector have accelerated exponentially…

CBRE Promotes Four In South Florida

Dave Donnellan, Chris Wood, A.J. Belt from the Fort Lauderdale office and Clarissa Willis from the Miami office were promoted.

Berger Commercial Closes Sale Of Broward Lakes Business Park Property

Berger Senior Vice President Steve Hyatt represented the seller in the transaction.

National Commercial Real Estate News Roundup For August 20, 2015

Will she or won’t she (raise rates)?, Chinese capital jetting around the globe, Facebook’s $1B like-button storage facility, and hospitality sector optimism put to the test.  It’s all here…

Thirty Story Mixed-Use Tower Coming To North MIami Beach

An Argentine development group is planning to turn a North Miami Beach parking lot into a mixed-use apartment tower that will be one of the tallest buildings in the area.

400-Plus Investors Looked at This Retail Asset

“LNR’s strategic repositioning of the asset through renovations and solidifying the tenant roster created material value, and garnered maximum investor interest.”

Office Today, Apts. Tomorrow: Office-To-Residential Conversions Expanding Across More U.S. CBDs

A funny thing is happening in downtown markets where empty and obsolete office buildings are being converted into apartments. Companies that wouldn’t consider a downtown location back when the space was available are coming back, drawn by the large number of millennial workers who favor a funky downtown address.

South Florida has third-highest foreclosure rate in July, RealtyTrac says

The South Florida region had the third-highest foreclosure rate among metro areas in July as the number of filings increase, according to RealtyTrac.  There were 7,285 foreclose filings in the tri-county area in July. That’s up 31 percent from June and up 24 percent from July 2014. RealtyTrac counts new lawsuits, notices of auction…

South Florida home sales and prices jump in July

Home sales increased by double digits in South Florida during July and prices also grew, according to the Florida Realtors.  There were 4,847 sales of existing single-family homes in the tri-county area, up 13.8 percent from the same month a year ago. The median sales price increased 7.3 percent to $295,000.  The statewide…

Brickell City Centre: Six more stores added to lineup

Brickell City Centre’s developers have confirmed six retailers for the massive development’s shopping center this week:  Ted Baker, a contemporary menswear and womenswear brand from the U.K.; Addict, an apparel and accessories company also from the U.K.; Agent Provocateur, a luxury intimate apparel brand; 100% Capri…

Keyes Commercial Realty

Vast Mediterranean Village moving ahead

Mediterranean Village at Ponce Circle is proceeding on schedule, say its developers, who plan to submit construction drawings currently being prepared to the City of Coral Gables by year’s end.  At the same time, engineers are devising proposed construction techniques for excavating and sealing the two-story underground garage that will house…

Brazilian hotel brand to replace Morgans at Shore Club

Brazilian hospitality firm Fasano will operate the Shore Club in Miami Beach, replacing Morgans Hotel Group, developers confirmed to The Real Deal. New York-based HFZ Capital Group, which acquired the Shore Club for $175.3 million in December 2013, will reopen the hotel as a Fasano at the end of 2017. Brazilian architect Isay…

River mega-yacht marina slip sales begin

The plan to build a secure marina for mega-yachts on the Miami River is moving forward at a steady speed, with sales for the unique project kicking off a couple of weeks ago.  SeaVault is designed as a temporary home for 14 mega-yachts with living quarters for captain and crew. The plan includes a clubhouse, tennis court, swimming…

Miami’s CBRE, Colliers Play Musical Chairs

Kenneth Krasnow has switched allegiances and others have been promoted. Get all the details….

FIU Students Push Plan to Bring Maglev Trains to Miami Beach

During rush hour, the 18-mile commute from FIU to Miami Beach can easily take 45 minutes by car. On public transportation, that same trip now requires at least three buses and some two hours to complete.  But a group of FIU students has a plan to make the trip far easier — in the form of a Maglev-style train connecting the university…

Sitel Leases 114,000 SF at Pompano Business Center

Sitel Operating Corporation has signed a 114,000-square-foot office lease at 2500 NW 19th St. in Pompano Beach, FL.  The Nashville, Tenn.-based global customer care provider will open a new inbound financial services call center next month, immediately adding 350 new employees with plans…

CoFe Properties Acquires Por North Miami Business Park

TA Realty sold four industrial and flex buildings located in The North Miami Business Park for $21 million, or approximately $100 per square foot, to CoFe Properties LLC.  The North Miami Business Park is located at 1922-1998 NE 147th Ter, 1924-1996 NW 148th St, 1922-1998 NE 49th St., and 14855…

Walsh Joins CRE Rauch Lupo Robertson

CRE Rauch Lupo Robertson, a CRE Florida Partners Company, has hired David Walsh to join the firm as a multifamily specialist and senior investment associate based in the company’s Boca Raton office.  In his new role, Walsh will lead and build the firm’s multifamily businesses…

Invesco Sells Addison Place Apts

Invesco Advisors, Inc. sold the Addison Place Apartments, the villa and townhome-style apartment community located at 21925 Mizner Way in Boca Raton, FL to JRK Property Holdings for $34 million, or about $205,000 per unit.  At the time of sale, the 166-unit multifamily complex was approximately…

KBS Closes on $46.8M Acquisition of Weston Corp Ctr I & II

SE Commerce, Inc., an affiliate of New York-based BlackRock Realty, sold the Weston Corporate Centre I & II office buildings located at 2700 S. Commerce Pky and 2500 Weston Rd., respectively. KBS Realty Advisors paid $46.75 million, or about $313 per square foot, for the pair.  Totaling…

Lifestyles of the Rich and Richer: The Suspended Glass Pool at the Mansions at Acqualina is Really as Thrillingly Exhilarating as It Looks

To be inside the glass-walled penthouse pool atop the almost-complete Mansions at Acqualina in Sunny Isles Beach is at first scary in a way that leaves a person gasping for air just a little bit. Then the adrenaline kicks in and you feel like a master of the universe…

Coming Attractions: Former Ritz Carlton CEO Planning 40-Story Condo/Hotel at North Miami’s Old School Jockey Club

Back in the swinging 70s, North Miami’s Jockey Club was one of a few private clubs/condo developments (along with the Palm Bay Club, the Cricket Club, etc.) that were the places to party in Miami. Now Horst Schulze, a former CEO of Ritz-Carlton, is planning a new 40 story condo/hotel tower…

Development Update: Midcentury ‘International Design Center’ in the Design District to be Replaced with Neoclassical Retail

An architecturally significant midcentury modern office building at 4141 North Miami Avenue, on the edge of the Design District and Buena Vista neighborhoods is being fully gutted and transformed into a neoclassical retail building with two levels of retail, a covered colon…

Miami tops nation with foreclosures in July

Miami had the nation’s highest rate of residential foreclosures during the month of July, according to a new report from RealtyTrac.  The report shows that one in every 339 homes in the Miami metropolitan…

The Latest Investment Sales Trend

There’s a new trend on the investment sales scene—and David Duckworth, vice president with Avison Young, has his finger on its pulse….

Click to view Miami Office Property Trends

International Money Is Stretching Out the Recovery Cycle

Remember the phrase “follow the money”—meaning that understanding a complex deal requires examines where funds are heading? Today, an appreciation of our elongated recovery might actually mean looking in the opposite direction, at the burgeoning source of real estate investment capital.

35 new foreign trade zone hubs likely

Port officials estimate Prologis, one of the world’s largest industrial property owners, should receive permission in the near future to create a foreign trade zone magnet hub in Northwest Miami-Dade County, adding to the growing number of sites PortMiami oversees since winning approval to…

Action put off on Gables US 1 project

The Coral Gables Planning and Zoning Board last week deferred making a decision on recommendations by city staff that Paseo de la Riviera, a mixed-use project at 1350 S Dixie Hwy., go forward, subject to conditions.  About 250 neighbors and others turned out for the Aug. 12 meeting, but by the time…

Tennis tournament seeks more stadiums

The Miami Open will take place March 21-April 3, 2016, and almost certainly in the same location for a few more seasons, despite ongoing litigation concerning control over Key Biscayne’s Crandon Park, where the tennis tournament has been held every year since 1987.  However, officials for tournament…

Industry Exec Parts Ways With CBRE, Named Colliers South Florida Executive Managing Director

Former CBRE Managing Director Ken Krasnow will lead Colliers’ South Florida business, focusing on strategic growth in the region.

Aventura ParkSquare’s Signature Office Tower Sold Out

The record sales achievement was reached after just a few short months on the market.

Denholtz Associates Acquires Industrial-Flex Property From KTR

The small-bay warehouse center is currently 75 percent leased.

Inside Hyde Beach Club, Related’s First Freestanding ‘Beach Club,’ Which Just Had Its Soft Opening

Sort of a new concept that the Related Group has started adding to its particularly large megaprojects, Hyde Beach Club, the first of Related’s two new ‘beach clubs,’ has had its soft opening according to Carlos Rosso of Related. The multilevel building…

Development Update: The Bond on Brickell Tops Off, Will Finish by Early 2016, British Themed and All

The Rilea Group’s The Bond on Brickell has just topped off at 44 stories according to the developer, and will be the first new condo tower completed on Brickell Avenue since the crash when it finishes in 2016. Although the main block of The Bond on Brickell is actually on…

NAI Miami’s Timothy Merriman Negotiates Investment Sale

The buyer was an Israeli developer currently purchasing several parcels in the area.

Stefano Ricci opening first SE boutique in Design District

Stefano Ricci will open a boutique in Miami’s Design District, in space leased from Thor Equities, The Real Deal has learned.  The Italian luxury menswear brand will be located at 20 Northeast 39th Street, Thor told TRD. The 5,700-square-foot retail…

Mansions at Acqualina marks 37th new SoFla condo tower completed

Transactions are underway at the 37th new condo tower to be completed in coastal South Florida since this current real estate cycle began in 2011.  Deeds started to be recorded on Aug. 10 for units in the newly constructed Mansions at Acqualina oceanfront…

Abacoa Corporate Center in Jupiter sells for $7M

The Abacoa Corporate Center in Jupiter has sold for $6.95 million, or $272 per square foot, Marcus & Millichap announced on Monday.  Cove Neck Properties LLC, a Melville, New York-based company tied to Northville Industries, sold the 25,566-square-foot building…

REIT completes $33.5M deal for Fort Lauderdale hotel

The Chatham Lodging Trust, which had announced in July that it was paying $55 million to pick up two Residence Inn hotels in the United States, just closed its South Florida portion of the deal.  The REIT paid $33.5 million for the Residence…

Q&A with Tony Cho: on revitalizing Miami’s urban core, expanding to Broward

Tony Cho, founder and CEO of Metro 1, ended July with a company record: $80 million in transactions. It was a milestone for Cho, who started his real estate career in 2000 with plans to be a “Realtor to the…

Coastal tops off the Bond on Brickell high-rise

The Bond on Brickell, a 44-story condominium tower in the Brickell area, topped off on Monday.  The project, developed by Rilea Group and MDR Toledo, is 97 percent under contract. Nichols Brosch Wurst Wolfe…

Foreign Investment in U.S. Real Estate Assets to Hit Record High

The wave of foreign capital flowing into U.S. real estate is poised for a record-setting year.  “We have strong inbound capital that we believe will see the U.S. exceed the previous peak of 2007 by year-end,” says Lucy Fletcher, vice president of international capital group and capital markets with real estate services firm JLL. As of mid-year…

FAA Approves Brickell Flatiron, Park West Tower, And Ritz Carlton Sunny Isles

It’s Christmas in August for three Miami developers, after the FAA approved the heights of their projects. They include:  Brickell Flatiron, approved for a height of 734 feet above ground.  Marc Robert’s Park West tower at 50-60 NE 11th Street (part of Worldcenter), replacing Euforia nightclub building. Approved for a height of 699 feet…

Genting is finally about to do something with one of its properties

Malaysian hospitality and gambling conglomerate Genting Group took Miami by storm back in 2011 by buying up the old Miami Herald building and a bunch of surrounding properties with plans to build a major destination resort and casino. Those plans were scrapped after lawmakers refused to rewrite gambling laws, and we were left…

Greater Downtown Miami condo boom comes full circle

The Greater Downtown Miami preconstruction condo boom has come full circle — down to the same exact block of Northeast 23rd Street in the Edgewater neighborhood — in the four years since this current real estate cycle began after the market crash of 2007.  Back in August 2011, the Melo Group kicked off this current boom when…

C&W’s Criddle, Etner Ink 114,000 SF Broward Office Lease

According to Cushman & Wakefield. the deal represents the third largest new office lease in Broward County this year.

Coming Attractions: Thirty Story Tower Coming to Vicinity of 163rd Street Mall

An Argentine developer, who is not named, is planned on building a thirty story mixed-use apartment tower at 1700 Northeast 164th Street in North Miami Beach, currently a parking lot, reports The Real Deal. The site is further west than most new development in the area…

Do Landlords Have to Go Green?

Could a tenant be required to sign a green lease? What happens if they breach it? What about landlords? What is their obligation?…

Fitzgerald Group’s Jarkesy Brokers Sale Of Sheridan Street Office Building

The 1977-built office asset, which totals 26,431 square feet, traded for $4,700,000.

Miami’s Cocowalk Announces 5 New ‘Pop-Up’ Stores And Chase Bank Branch

The deals close just 3 months after new ownership acquired the iconic retail property.

Rumormongering: Third New Hotel Coming to Triangle at Alton and 17th Street

The triangular block bounded by Alton Road, 17th Street, and Dade Canal used to contain an empty lot, a studio apartment building, some shops, and a Boston Market. Now it has one hotel under construction, a second coming, some shops, and a Boston Market. Soon it could have two…

SkyRise Miami Aiming to be Miami’s Tallest Tower, a Distinction Based on a Technicality

SkyRise Miami developer Jeff Berkowitz has submitted plans to the Federal Aviation Administration earlier this month to increase the height of his SkyRise Miami tower from 990 feet to 1,045 feet above ground. According to The Next Miami, this would technically make it Miami’s tallest tower, by…

Rendering Reveals: This is the Puerto Rican Community Center Coming to Wynwood

The land-swap that developer Moishe Mana and Miami-Dade County are planning includes the construction of a new Puerto Rican Community Center, offices for the County’s Community Action and Human Services Department, and a new office for County Commissioner Audrey…

Genting To Begin Renovation Of Historic Boulevard Shops At Resorts World Miami

According to a construction filing, the 20,000 square foot building will become a ‘recreational facility’ that encompasses a range of potential uses with a estimated renovation cost of $2.5 million.

SoFla among top 20 markets for residential loans

The South Florida market ranked among the nation’s highest for residential loans recorded during the second quarter of this year, according to a new report from RealtyTrac.  Measuring data from Miami, Fort…

HCA proposes 100-bed hospital in Miami-Dade County

HCA Holdings filed plans to build a 100-bed acute-care hospital in Miami-Dade County.  East Florida – DMC, an affiliate of the hospital giant (NYSE: HCA), filed a letter of intent for the hospital with the Florida Agency for Health Care Administration on Aug. 3. The one-page letter doesn’t contain any details about the proposed hospital…

Ugo Colombo Interview Part 1: Make Waves This Condo Cycle

GlobeSt.com caught up with the 52-year-old Colombo to find out more about what he’s working on in part one of this exclusive interview.

Ugo Colombo Interview Part 2: Sounds Off on Changing Landscape

GlobeSt.com caught up with Ugo Colombo to discuss how he’s elevated his brand, how his older projects compete with newer properties, and his impressions of the changing buyer landscape in part two of this exclusive interview.

Doral office building owners file Chapter 11 to stay foreclosure

The majority owners of the Doral Court office building filed Chapter 11 to stay a looming foreclosure judgment.  Twenty 29 entities called NNN Doral Court, as tenant-in-common owners of 92 percent of the property, filed for reorganization in Miami Bankruptcy Court on Aug. 6. Randy George is the manager member of the debtors.

Surge in Commercial Real-Estate Prices Stirs Bubble Worries

Investors are pushing commercial real-estate prices to record levels in cities around the world, fueling concerns that the global property market is overheating.  The valuations of office buildings sold in London, Hong Kong, Osaka and Chicago hit record highs in the second quarter of this year, on a price per square foot basis, and reached…

Hollywood Office Park Finds New Owner

The three buildings within the park total approximately 253,000 rentable square feet.

Fabio Faerman Closes Bulk Sale Of Miami Condo Units For $6.7 Million

A total of 21 units were included in the all cash transaction.

Pipeline Workspaces Opening Fifth Location in Doral

Pipeline Workspaces, a high-design shared office concept provider, will be opening its fifth area location following a 12,733-square-foot lease at Doral Concourse Bldg I, located at 8400 NW 36th St. in Miami, FL.  Doral Concourse is located in the heart of the business district, adjacent to CityPlace…

Dolphin Mall gives a sneak peek of soon-to-open restaurant plaza

In the heat of the day Wednesday, dozens of construction workers hammered away at Dolphin Mall’s soon-to-open restaurant plaza while media got a sneak peek of what will open there.  Set to debut Sept. 15 after 18 months of construction, the expansion will bring a new 1,300-space parking garage and five new eateries to the Sweetwater…

PMG Partners with S2 Development, Canyon Provides $134M Construction Loan

Real estate investment management firm Canyon Partners has provided a $134 million construction loan to Property Markets Group (PMG) in a joint-venture partnership with S2 Development. The senior construction loan is for the Muse Residences project planned to rise at 17141 Collins Ave. in Sunny Isles…

Bridge Point Marina Mile Bldg Sold for $22.4M

Bridge Development Partners LLC sold the Bridge Point Marina Mile industrial building at 3400 SW 30th Ave. in Fort Lauderdale, FL for almost $22.38 million, or $118 per square foot, to an Aventura, FL-based investor.  At the time of escrow the property was under construction, and was completed by…

Apollo Grp Purchased 6950 Bldg for $15M

The Apollo Group acquired the industrial building at 6950 NW 77th Ct. in Miami, FL from Continental Electric LLC for $15 million, or about $70 per square foot.  The single-story, 213,131-square-foot warehouse was built in 1998.  Luis Nunez of Realty Professionals #1, Inc. represented the buyer.

Atlas Plaza Sells for $65M

Tristar Capital acquired the Atlas Plaza shopping center at 114-130 NE 40th St. in Miami, FL from Atlas Associates Realty, Inc. for $65 million, or about $3,250 per square foot.  The class A retail center totals 19,997 square feet. Atlas Plaza features a unique courtyard, assigned parking…

Big Tall Things: Are Top-Heavy Condos Becoming a Thing in Miami?

Elysee, the latest condo tower to be announced in Edgewater, is tall, skinny, and following a more extreme version of a mold set by Muse in Sunny Isles Beach, bigger on the top than on the bottom. Designed with a three-tiered plan, floor plates which contain two 3,412 square foot units…

Historic Mayflower Hotel on Alton Road to Become ‘Boutique Hospitality Concept’

The historic Mediterranean Revival building on Alton Road and 17th Street with the Vespa dealership on the corner, which was originally known as the Mayflower Hotel and is now called the Variety Building and has been a studio apartment building since the ’90s, is being “lightly renovated” and…

Railroading: French Company Bids for Beach ‘Link’ of BayLink, Hoping to Get the Rest Too

Alstom, a major French light rail company, has submitted a proposal to develop one third of the entire BayLink light rail connection from Miami to Miami Beach—the third that would run through the city of Miami Beach—with the hopes that this will make it a lot more likely to get…

Inside CocoWalk’s Retail Turnaround

Three months after grabbing CocoWalk, a 198,000-square-foot lifestyle center in Miami’s Coconut Grove neighborhood, the ownership team is making strides.

What’s the Big Deal About Doral?

Commercial real estate developers are flocking to Doral in droves. What’s going on? Why is this Miami suburb seeing so much activity? There are plenty of reasons and Codina Group sees them clearly.

AC Hotel developer scores $35M construction loan in Aventura

The developer of the AC Hotel by Marriott in Aventura obtained a $35 million construction loan.  Wells Fargo Bank awarded the mortgage to Norwich Aventura II, an affiliate of Sanibel-based Norwich Partners of Florida led by David Leatherwood. It acquired the 1.9-acre site at 20805 Biscayne Blvd. for $9.4 million in December 2014.

HSBC building in Miami Beach sold for $21M

The HSBC office building in Miami Beach sold for $21 million to deliver a nice profit for a group that bought it out of bankruptcy two years ago.  Netz Bonds Miami-HSBC, a New Haven, Conn.-based company managed by Menachem Gurevitch sold the 39,638-square-foot office building at Arthur Godfrey Road to Caton Owner. The buyer…

Office building in Miami’s Upper Eastside sold for $11.5M

An office building in Miami’s Upper Eastside neighborhood sold for $11.5 million.  Sunset View Office Tower LLC, a Spring Valley, New York company managed by Pablo Umansky, sold the 37,926-square-foot building at 4700 Biscayne Blvd. to MGB Biscayne Blvd. Corp. The buyer is based in Miami Beach and managed by Mairim…

Former Bertram Yacht facility on Miami River sells for $35.5M

The former Bertram Yacht headquarters and marine service center on the Miami River was sold for $35.5 million.
The yacht builder left the site in 2012 and relocated to Merritt Island. It’s been searching for an anchor tenant since.  MMM Northwest 37 LLC, an affiliate of San Francisco-based Alecta Real Estate Investment, sold the…

Weston Corporate Center sold to KBS for $47M

KBS Realty Advisors acquired two Weston Corporate Center buildings in Broward County for a combined $46.75 million.  BlackRock Realty Advisors affiliates SC Commerce and SC Weston sold the office buildings at 2700 S. Commerce Parkway and 2500 Weston Road to GK Weston Corporate Center, a subsidiary of Newport Beach…

First major new condo coming to Miami’s MiMo district

Miami’s trendy MiMo neighborhood could soon have its first major condo project in the recent boom cycle as the 64 Park Place building has launched sales.  Argentina-based Vitrium Capital plans to build 68 units and 2,324 square feet of retail in the building at 6443 Biscayne Blvd. It will have two- and three-bedroom condos plus…

Coral Gables seeks long-term traffic fix

Coral Gables has requested qualifications of firms interested in conducting a city-wide ten-year multi-modal transportation plan.  The request notes that the city’s geographic position as a “transportation linchpin between the City of Miami to the north and east and the rest of the county…

Aged Tamiami Swing Bridge to be replaced, moved elsewhere

A deteriorating bridge that’s eligible to enter the National Register of Historic Places would be added to Miami-Dade County’s Economic Stimulus Program under a resolution due to come before county commissioners Sept. 1.  The Tamiami Swing Bridge on Northwest South River Drive at the Dela…

Coconut Grove tourism rebounds

Anecdotally, there’s no shortage of tourists stepping off the big red bus touring through Coconut Grove. There’s also no shortage of visitors dining at the Grove’s restaurants, shopping at its stores, staying at its hotels and attending its events, locals say.  It was a Monday after…

633 rental units near Miami River advance

A large development that would include hundreds of multi-family apartments promises to breathe new life into a neighborhood near the convergence of the Miami River and Seybold Canal.  River Central is a planned mixed-use residential development to include 633 rental apartments in two eight-story…

Three Companies Ink Lease Deals Totaling 134,000 SF At Miramar Park of Commerce

The Park is currently at a record 97 occupied.

Can You Dig It: Miami’s Rail Future Will Disturb Notable Archeological Sites

This must be what it’s like building anything in Rome. According to leading archeologist Bob Carr, via the Miami Herald, All Aboard Florida has wantonly disturbed historic Tequesta archeological remnants near the Little River while making necessary upgrades to their tracks for the…

Rendering Reveals: Touzet Studio Replaces ArtCenter With the Art Deco Glamour of Old Burdines

The ArtCenter South Florida’s former 800 Lincoln Road Building, which originally was Miami Beach’s first Burdines Department Store and only the second store in the former chain’s history, is getting a well-designed restoration and expansion by developer…

Professional Office Building Proposed In South Miami

Going before the South Miami Planning Board Aug. 11, the plan breaks down to 40,740 square feet of medical office, 14,252 square feet of retail, 10,747 square feet of office and a parking garage.

Biscayne Beach developers launch new Edgewater tower

The developers behind Biscayne Beach are launching a new condominium in Miami’s Edgewater neighborhood, The Real Deal has learned. Elysee Residences will be a 100-unit, 57-story waterfront development at 700 Northeast 23rd Street. South Florida-based Two Roads Development, a company affiliated with Eastview Development…