The Town of Palm Beach has approved plans for a luxury condo atop the iconic Tiffany & Co. building on Palm Beach’s Worth Avenue, one of the ritziest, most expensive streets in the United States. The addition would include the conversion of the existing 2nd floor as well as adding a 3rd floor spa and pergola which would not be visible to pedestrians on the street.
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Avison Young Oversees Sale Of $70 Million Transformco Distribution Center To Reich Brothers
Avison Young’s Florida Capital Markets Group has overseen the sale and closing of the Transformco Distribution Center, the largest single-building industrial asset in Florida spanning nearly 2 million SF, to Reich Brothers. The transaction closed for $70 million for the 1,937,892-square-foot Transformco Distribution Center, located at 655 SW 52nd Ave. in Ocala.
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Mandala Proposes BLUR Workshop-Designed Courtyard By Marriott in Downtown Miami
Mandala Holdings has submitted new plans to Miami’s Urban Development Review Board for a 31-story Courtyard By Marriott hotel tower in Downtown Miami’s Omni district at 511 NE 15th Street. The proposal will be reviewed at a meeting by the UDRB on November 20.
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Plans Submitted For Paraiso Place To Bring 279 Rental Apartments To Edgewater
Metro Edgewater, LLC., led by Colombian developer Carlos Ortiz, as submitted plans to Miami’s Urban Development Review Board for Paraiso Place, a 279-unit apartment building coming to the recently opened Paraiso district in Edgewater. A hearing has been scheduled for November 20, 2019.
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CIM Group & OneWorld Properties Go Vertical At Mixed-Use Wynwood Square
Two tower cranes are now installed at 2201 N Miami Ave. where CIM Group and Oneworld Properties have gone vertical with the Stantec-designed Wynwood Square. When complete the mixed-use development will feature 2 towers rising 12-stories complete with 257 residential rental apartments complete with a full suite of amenities, 60,000 SF of office space, 27,000 SF of ground floor retail and 480 parking spaces.
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The Mess At Melreese Golf Club Gets Worse As Miami Freedom Park Gets Delayed Again
There is just no telling where the supposed deal to bring a professional soccer stadium to Miami will end up after Miami city commissioners voted on Tuesday to continue negotiations with the group, led by Jorge Mas of MasTec, in regards to the projected $1 billion mixed-use office and retail project.
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Avison Young Chosen By New Ownership Team At 800 Brickell To Oversee Leasing
Avison Young has been named the exclusive leasing firm for the 15-story, 209,122 SF office tower at 800 Brickell Avenue in Miami. The assignment was awarded by new-to-market ownership, New York-based family firm Gatsby Enterprises in partnership with MasterMind Properties, which acquired the trophy asset for $125.5 million in July 2019.
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Royal Palm Companies Launches Sales Of Legacy Hotel & Residences At Miami Worldcenter
Miami-based real estate developer Royal Palm Companies (RPC), has officially launched sales for Downtown Miami’s newest mixed-use tower, Legacy Hotel & Residences, the soaring branded mixed-use skyscraper in the heart of mega-project Miami Worldcenter (MWC).
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Don Peebles Announces The Relaunch Of The Ultra-Private Membership Only Bath Club Miami Beach
Miami real estate icon Don Peebles has announced the multi-million dollar relaunch of a historic Miami Beach membership club, The Bath Club Miami Beach. Dating back to the Jazz age of the early 1920s, The Bath Club Miami Beach was the first established social club in the Southeast, which flaunted A-list members such as President Herbert Hoover, Pierre Cartier, William Vanderbilt II and William Boeing.
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Galium Capital Closes On Palm Square Retail Center In Pembroke Pines For $20.475 Million
Galium Capital, a Miami-based private equity firm, has closed on Palm Square, a 77,621 SF shopping center in Pembroke Pines, Florida. The sales price was $20.475 million and the closing was overseen by Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI).
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