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.
McKENZIE, a boutique design, build and custom fabrication firm, has transformed the historical New Providence Lodge building in Overtown into Tribe Urban Innovation Lab and Cowork, a new co-working space that will primarily focus on serving local, African American youth.
YOTEL, which was approved in July by Miami's Planning & Zoning Department, will launch as the first East Coast location of their new YOTELPAD concept. Located at 227 NE 2nd Street, the YOTELPAD will be a 29 story tower designed by Stantec, will include both 208 residential units and 250 micro-sized hotel units.
Doral has been a hotspot for growth with intense demand for stable assets. Recently, Terra’s Doral Commons retail plaza sold to Jamestown, L.P. for a reported $71.6 milllon. The 140,000 SF shopping center was 95% leased at the time of sale with anchor tenant Publix Supermarket.
Amrit Ocean Resort & Residences has released new interior renderings of their wellness inspired hotel-condo coming to Singer Island in Palm Beach. The project is unique in the sense that each resident will receive a customized wellness program set just for them and a 24/7 wellness advisor.
Just days after PROFILEmiami reported that Miami Worldcenter Associates have closed on a $43 million construction loan for the retail component of the $2 billion Miami Worldcenter mixed-use mega-project in the Park West neighborhood of Downtown Miami, the developers have applied for permission to modify their design for Block D.
A new 5-story hotel has been proposed on Washington Avenue in South Beach and will be reviewed by Miami Beach's Historic Preservation Board on January 9. The hotel will be developed by Acastar Miami, LLC., led by Genaro Enrique Gallo and the site is located at 1409-1413 Washington Avenue.
NP International has locked down a $158.4 million construction loan and are gearing up to break ground on Gables Station, a transit-oriented mixed-use project with 120,000 SF of retail space, 500 residential units and 66 hotel units.
Miami Worldcenter Associates led by Art Falcone and Nitin Motwani have just closed on a $43 million construction loan for the retail component of the $2 billion Miami Worldcenter mixed-use mega-project in the Park West neighborhood of Downtown Miami.