The highly anticipated Hollywood Beach project Hyde Beach House, which is being developed in partnership by The Related Group and sbe, is now over 50% complete and 85% sold. The project is on track for a 2019 completion, and construction is currently on the 24th floor with John Moriarty & Associates.
Related Group has announced that they have paid off construction financing for the soon-to-open SLS LUX Brickell Hotel & Residences. The $166.1 million loan was issued by TPG Real Estate Finance Trust, the commercial real estate debt platform of TPG Real Estate, in September 2015.
Optimum Development USA, a global real estate investor and developer, has officially announced that “The Optimum,” their new five-story luxury Class A office building in Coconut Grove, has officially topped off. O
Related Group and East End Capital have officially topped out the Kobi Karp-designed Wynwood 25 and construction teams are on track for an expected completion in the summer of 2019. The mixed-use project features 289 rental apartments, 340 parking spots and 31,000 SF of ground-floor retail,
After scoring their first approvals in January, American Dream Miami is currently undergoing its final approvals. If approved and built, the mall would become the largest mall in America, with a cost of over $4 billion.
Across from the Sawgrass Mall, one of the largest malls in the United States, developer Joseph Kavana's KGH International Development is building Metropica, the $1.5 billion mixed-use live-work-play mega-project in Sunrise's western corridor.
Brightline will officially begin passenger service from Fort Lauderdale to Miami on May 19. Tickets are now on sale for the rail service connecting West Palm Beach to Downtown Miami, priced from $10 for Smart Service which offers 19' seats; and $15 for select service, which features 21' seats, more leg room, complimentary snacks and beverages as well as access to premium select lounge.
From Wurzak Hotel Group comes a new luxe smart hotel offering to Downtown Fort Lauderdale expected to open summer 2018, The Delmar. The Delmar will offer 209 rooms upgraded with smart home technology such as Amazon Alexa, iPad's, rain-showers, and keyless room entry.
Balenciaga and Dolce & Gabbana have has announced the opening of their new Miami stores located in the fast growing Miami Design District. Both stores are adjacent to each-other, located on the pedestrian Paseo Ponti across from Jade Alley, featuring Daniel Toole's iconic concrete arches.
Related Group and Dezer Development has completed the sale the hotel portion of the newly completed Hyde Midtown Suites & Residences luxury condo-hotel project in Midtown for $21.8 million. The buyer was Midtown Hotel Investment LLC, which is led by Haim Yehezkel of Elysee Investments
A subsidiary of AVR Realty has proposed 2nd & 2nd, an 898', 82-story Nichols Brosch Wurst-designed mixed-use tower at 250 SE 2nd Ave. The tower would feature 266 hotel rooms, 637 residential units, 9,245 SF of retail, and 533 parking spaces.
Graspa Group, the team behind the Miami mainstays Segafredo, Salumeria 104 and Spris brands, is teaming up with a celebrity bartender on a new concept at CANVAS in the heart of Miami's Arts + Entertainment District.
The Miami hotel industry has reported a record shattering start to 2018, leading the nation when it comes to revenue per rentable room. The revenue per room available rose up 17.2% to $226.19 year-over-year.
Construction has been stopped on Downtown Miami's redevelopment of Flagler Street, a project which has seen over 7 years of planning, to discuss pivoting to a new plan proposed by Moishe Mana. Mana, one of Downtown Miami's major land holders, has proposed a new for the the transformation of Flagler Street.
Hyatt has proposed plans to demolish and redevelop their Downtown Miami hotel location and the adjacent James L. Knight Center. The proposal, which will go in front of Miami's Waterfront Advisory Board on April 10, calls for a watefront podium of which three Kobi Karp designed towers would rise.
Preleasing is now live for the two ground floor retail spaces at a new Arquitectonica-designed mixed-use "millennial driven" project which C-F Brickell is proposing to replace the recently demolished El Eden Motel just blocks from Brickell City Centre.
It is a sad day for Miami as Jugofresh, the cold-pressed juice bar that served as one of the catalysts that helped transform the Sunset Harbour neighborhood of Miami Beach, has closed its doors after 6 years and ended its partnership with Whole Foods; the announcement effective as of yesterday March 13, 208.
Not long after Royal Caribbean's Broadway Malyan-designed Terminal A for Symphony of the Seas topped out in PortMiami, Norwegian Cruise Line has announced Pearl, their futuristic new terminal coming to PortMiami. The LEED-Silver Certified terminal is being designed by Miami-based firm Bermello Ajamil & Partners, Inc., inspired by a nautilus' spiral design.
The Miami Design District just welcomed alice + olivia by Stacey Bendet’s latest flagship store. Featuring contemporary interior design, including a zig-zag black and white marble floor, the store will carry the brand’s complete collection, including ready-to-wear, gowns, shoes, accessories and the newly launched denim line, AO.LA by alice + olivia.
MLS has wanted a stadium in the heart of Miami since the 90s, to build its Latin and youth fan base. There have been several incarnations of professional soccer teams in South Florida, but none managed to navigate the political waters of Miami successfully.
2018 marked the rise of a new food trend in Miami: food halls. Everywhere you look, there’s a new one popping up. The latest one captures the entrepreneurial spirit that a young city like Miami inspires.
The upscale Italian brand specializing in leather goods and ready-to-wear signed a lease for a 4,000-square-foot space between the Gucci and Rick Owens stores on Northeast 41st Street. Their other South Florida locations are at the Bal Harbour Shops and on Worth Avenue in Palm Beach.
Metropica, a $1.5 billion urban development and one of the country’s largest mixed-use communities just announced its newest tenant, Urban Outfitters, as the latest addition to its retail and entertainment lifestyle center, which consists of 280,000 SF of retail space.
The New York-based R&B Realty has officially launched leasing at The Gateway at Wynwood, their new Class-A office building which is based at the intersection of Wynwood, Midtown and Miami Design District.
Inspired by European service, Marriott's new Cadillac Hotel & Beach Club, Autograph Collection will open in April after undergoing a multi-million dollar renovation (2018). Cadillac Hotel & Beach Club, Autograph Collection defines a new kind of Miami Beach experience while paying homage to Miami's 1940's art deco.
WeWork continues to expand in Miami as the co-working office space mega-brand officially opened its fifth location in the Miami area earlier this year in Coral Gables (2018). Located at 2222 Ponce De Leon Boulevard, WeWork Ponce De Leon features 552 decks and 118 offices,
Royal Caribbean’s new $247 million, Broadway Malyan-designed Terminal A has officially topped out in PortMiami. The 170,000 SF, state-of-the-art terminal will be used for mega-cruise ships Allure of the Seas and Symphony of the Seas, which is expected to debut as the world's largest cruise ship in November 2018.
Florida East Coast Industries has announced the completion of 3 MiamiCentral, its first mixed-use tower at MiamiCentral and has welcomed its first office tenant, Brightline. Brightline, the nation’s only privately funded inter-city, express passenger rail service, officially moved its corporate headquarters to 3 MiamiCentral
Miami Worldcenter and Miami Innovation District have teamed up to offer Amazon a massive opportunity in Downtown Miami's Park West neighborhood for their highly anticipated HQ2. Last week Amazon narrowed the potential cities down to 20 finalists, who are competing to to secure an expected 50,000 jobs and $5 billion in investment.