The stalking horse bidder for the site of the former Champlain Towers South in Surfside, Florida which tragically collapsed in June 2021 has been revealed as the Dubai-based DAMAC Properties, led by billionaire developer Hussain Sajwani.
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Palm Angels
Maison Margiela and Palm Angels Open Miami Design District Boutiques
Instagram influencer hotspot Miami Design District is continuing to expand and attract some of the hottest luxury and fashion brands. A selection of new retailers including Maison Margiela, Palm Angels, ARES Design and KREWE have opened in Miami Design District.
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The Coral Gables-Based MG Developer Reveals Plans For Hialeah Mixed-Use Residential Community Metro Parc
The Coral Gables-based renowned luxury townhome developer MG Developer has revealed plans to develop a 10-story apartment rental building with 433 units in Hialeah named Metro Parc. The 2.5-acre project will be located between 955 East 25th Street and 980 East 26th Street.
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PROFILE Exclusive Podcast Season 1 Episode 7 Featuring Ryan Shear of PMG
Season 1 Episode 7 of the PROFILE Exclusive Podcast by PROFILEmiami features Ryan Shear, Managing Partner of PMG. PMG is a national real estate development firm with offices in Miami and Manhattan, specializing in new construction commercial and residential projects.
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Florida East Coast Industries Lists ParkLine Miami Residential Above Brightline’s MiamiCentral Station For $500 Million
Florida East Coast Industries (FECI) announced the listing of ParkLine, its signature residential tower above Brightline’s MiamiCentral Station, for $500 million. The property, which consists of two iconic towers totaling 816 residential units, will be listed on the market by Cushman & Wakefield.
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Miramar Park of Commerce Sells For $18 Million At A Record Price Per Square Foot For Broward County
The Miramar Park of Commerce has sold for $18 million. The 56,072-square-foot industrial/flex building is located at 10315 USA Today Way in Miramar, Florida. At $321.02 per square foot, the transaction represents the highest price per square foot secured for an industrial/flex property in Broward County.
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Global Consulting Firm Slalom Signs 8,000 SF Lease At Sterling Bay's 545wyn
Global consulting firm Slalom will be moving into Wynwood after signing a lease at Sterling Bay and J.P. Morgan Asset Management’s 545wyn, Wynwood’s first-ever Class-A creative office building. The lease, which marks Slalom’s first office footprint in South Florida, covers approximately 8,000 SF.
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Nuveen Acquires LaVida Lakefront Class-A Multifamily In Miami's Blue Lagoon For $98 Million
The Chicago-based global real estate investment management company Nuveen Real Estate has acquired LaVida for $98 million. LaVida is the first Class-A lakefront multifamily apartments within the prominent Blue Lagoon corporate park.
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CI Financial To Launch US Headquarters At OKO Group and Cain International's 830 Brickell
Just one week after Microsoft announced that it would be taking 50,000 SF at 830 Brickell, CI Financial Corp., a leading Canadian asset and wealth management firm, has announced that they will open their new U.S. headquarters at the Class A-plus office tower which is under construction in Miami’s Brickell Financial District.
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City of Miami Beach Approves Ocean Terrace Redevelopment Plan Along North Beach Beachfront
The City of Miami Beach Historic Preservation Board has approved the Ocean Terrace Holdings (OTH) redevelopment plan and Ocean Terrace streetscape masterplan. The redevelopment plan includes a 20-story, 75-unit residential building, new restaurant and retail options, and a 127-room hotel.
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