JEM Private Residences, the highly anticipated luxury residential tower developed by globally recognized real estate development and investment firm Naftali Group, has announced the addition of ITO•Kaya, a new Japanese dining concept from the team behind ITO, the acclaimed omakase restaurant, along with SunLife Organics, a Malibu-born wellness café, to the building’s retail space.
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Terranova Secures Nearly 100K SF in New Leases Totaling $56 Million in Coral Gables
Terranova Corporation, a prominent South Florida commercial real estate firm, has announced the successful execution of 96,791 square feet of new and expanded leases across nine properties on and surrounding Miracle Mile, totaling $56,396,408.
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Image via Blue Water Drones
Miami Worldcenter Associates Sells Development's Retail and Entertainment District to Falcone Group and Partners For $210 Million
Miami Worldcenter Associates has sold Miami Worldcenter’s 27-acre retail and entertainment district to a venture comprised of affiliates of the Falcone Group, ROK Acquisitions, Andrew Mirmelli, The Davis Companies (Davis) and Jamestown for $210 million. The district features 300,000 square feet of retail, dining and entertainment businesses, approximately 2,000 parking spaces, and 100,000 square feet of parks and plazas.
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Club Studio Opens Flagship Fitness Concept at Miami Worldcenter, Bringing Boutique Wellness to Downtown Miami
Fitness International, LLC, the company behind LA Fitness and Esporta, has officially unveiled its 15th Club Studio® location — a 38,000-square-foot flagship facility at Miami Worldcenter, one of the largest and most transformative urban developments in the country. The state-of-the-art destination blends boutique fitness, recovery, and social wellness, marking a major step in Club Studio’s nationwide expansion.
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RIVANI Closes Landmark $19.8 Million Sale of Waterfront Amara at Paraiso Restaurant Space in Edgewater
Robert Rivani, commercial real estate and hospitality visionary and Founder of RIVANI, has that the company has sold the waterfront restaurant space currently leased to acclaimed restaurant Amara at Paraiso by Michael Schwartz for $19.8 million.
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RIVANI Acquires Historic Lincoln Theatre Building In Miami Beach for $37 Million
Robert Rivani, commercial real estate and hospitality visionary and President of RIVANI (formerly Black Lion), has acquired the storied Lincoln Theatre building at 551 Lincoln for $37 million–a property famously anchored by H&M.
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Swire Properties Sells Brickell City Centre Retail and Parking Components to Simon Property Group For $512 Million
In a significant real estate transaction for Miami’s urban core, Swire Properties Inc. has finalized the sale of its interest in the retail and parking components of Brickell City Centre to Simon Property Group for approximately $512 million.
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Image Credits: Bites and Bevs Media, courtesy of The St. Regis Bal Harbour Resort
THE ST. REGIS BAL HARBOUR RESORT DEBUTS BH PRIME STEAKHOUSE
The St. Regis Bal Harbour Resort has introduced its first dedicated steakhouse, BH Prime, marking a significant addition to the resort’s dining portfolio. The new restaurant replaces the former BH Burger Bar, transforming the space into a refined, dinner-focused venue that caters to both hotel guests and local patrons. With a design rooted in warm wood, leather, and subtle contemporary touches, BH Prime offers a sophisticated yet approachable atmosphere in line with the resort’s Forbes Five-Star and AAA Five Diamond status.
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$6 Billion Mixed-Use Miami Worldcenter Set For Official Grand Opening in Downtown Miami Welcoming New Restaurant And Retail Concepts
After nearly two decades of planning and development, Miami Worldcenter is set to host its official Grand Opening this week as the $6 billion, 27-acre mega-development continues Downtown Miami’s transformation into a vibrant, walkable destination where Miami lives, shops, dines, and plays.
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Forward Hospitality Group and CHEF RAHEEM SEALEY Open Asian Smokehouse Shiso in Wynwood
Chef Raheem Sealey, known for his influential roles at KYU and Drinking Pig, in partnership with Forward Hospitality Group, have successfully opened Shiso—an Asian Smokehouse that uniquely fuses Caribbean influences, Japanese precision, and wood-fired BBQ techniques.
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