Miami’s first underwater environmental public art project, to be known as ReefLine, is on track to open Phase 1 in December 2021. The project will be built in several phases with Phase 1 spanning one-mile long. The project is designed by OMA / shohei shigematsu in collaboration with a team of marine biologists, researches and coastal engineers whose goal is to protect and preserve the city’s marine life.
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Northwestern Mutual Acquires Modera Port Royale In Fort Lauderdale For $180 Million
Northwestern Mutual has acquired the Modera Port Royale apartment community in Fort Lauderdale for $180 million. Modera Port Royale is located long the Intracoastal Waterway at 3303 Port Royale Drive South as well as 2890-2900 Port Royale Blvd.
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Lennar Acquires Pine Isles Mobile Home Community In Homestead For $29 Million
Lennar Homes (NYSE: LEN) has acquired the former site of Pine Isles Mobile Home Community in Homestead for $29 million. The property is located at 28600 SW 132nd Ave. and spans 42.7 acres. Pines Isles Mobile Home Community serviced seniors and was disbanded in 2019 before the site was rezoned for the development of 456 single-family homes.
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Aston Martin Residences In Miami Unveils First Aston Martin DBX In The Americas For Buyers The Tower's Signature Residences
Yesterday Aston Martin Residences in Miami unveiled the first Aston Martin DBX in the Americas. Owners of the Signature apartments will obtain the new DBX Aston Martin’s first SUV model part of the Aston Martin Art of Living. Alejandro Aljanati, CMO of G&G Business Developments, and Nicolette Brent, UK Consul General for Florida unveiled the DBX at the Aston Martin Residences sales center.
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Carlos Mattos And Family Acquire Waterway Shoppes of Weston For $20.45 Million
An entity tied to the Mattos family, led by Carlos Mattos and his children, Nicolas and Isabella Mattos, have acquired the Waterway Shoppes of Weston for $20.45 million, roughly $501 per square foot. Waterway Shoppes of Weston was developed in 1999 and was acquired by the seller, Waterway Ventures LLC, an entity tied to Fondo Atlas and Dylan Fonseca, for $15.3 million in May 2015.
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Melo Group To Break Ground On Arquitectonica-Designed Island Bay In Edgewater In May 2021
Melo Group is gearing up to break ground on Island Bay in Edgewater in May 2021. Work on the baywalk is already underway in compliance with Miami21 which will connect from Edgewater’s Paraiso District through the Miami River across from Brickell. Island Bay is designed by Arquitectonica and will feature twin towers rising 60 stories, 637’.
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Check Out The Newly Revealed Renderings Of Norman Foster-Designed Drivers Club Miami
New renderings have been revealed of Drivers Club Miami, a Norman Foster-designed private driving club with resort on 160-acres in Carol City, a neighborhood of Miami Gardens. The project was approved in 2018 although groundbreaking has been delayed by zoning agreements, environmental testing, design meetings and construction-preventing covenants.
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Pablo Escobar’s Former Miami Estate Sells For Nearly $11 Million
Waterfront property once inhabited by Colombian drug lord Pablo Escobar has sold for $10.95 million located in Miami Beach on North Bay Road. U.S. authorities seized Escobar’s infamous pink house in 1987 and the seller, Chicken Kitchen founder Christian De Berdouare, bought it from a private owner in 2014 for $9.65 million.
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West Aventura Developers Proposes Mixed-Use Development In Newly Rezoned Ojus Urban Area District
West Aventura Developers, led by Marina Kessler and Gustavo Lumer, have proposed there mixed-use buildings in the newly rezoned Ojus Urban Area District, just west of Aventura. The area which sits just north of Greynolds Park, was recently rezoned by Miami-Dade county to allow mixed-use development and more density. The 7.9 acre site is located at 2375 NE 186th St.
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Family On Demand Senior Assistance Platform Papa Inc. Signs Lease For The Brickell Building
Papa, Inc., a leading technology-enabled platform that provides a service to assist older adults & families, has signed a lease for their new headquarters and will consolidate and relocate to The Brickell Building, located in the heart of Miami’s Financial District. Co-Founder of DWNTWN Realty Advisors, Tony Arellano P.A., has arranged a lease on behalf of the Brickell Building with Papa, Inc. who was represented by JLL’s Jeff Gordon and Matthew Goodman.
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