Genting Group has received five bids over $1 billion following a marketing period led by Avison Young’s Florida Capital Markets Group for the former Miami Herald site in Downtown Miami, one of the largest and most valuable development sites in the United States. The largest bid values the property at just under $1.5 billion for the rare Omni District waterfront site. The land is a ±15.5-acre development opportunity which was dubbed BayCity Miami.
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Authentic Greek Seafood Taverna 'Calista' Opens Miami Beach Location on Española Way
Authentic Greek restaurant Calista Greek Seafood Taverna has opened their third location on the revitalized Española Way at 1444 Drexel Ave on Miami Beach. Already a neighborhood staple in Coral Gables and Coconut Grove, the Miami Beach location is now open and offers a variety of Greek specialties, signature cocktails, a curated wine list, craft beers, and weekly programming with live entertainment.
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Groot Hospitality and Tao Group Hospitality To Bring Coastal Italian-Inspired Concept 'Casadonna' To Edgewater's Historic Women's Club Building
The historic Miami Women’s Club in Edgewater is set to be transformed with the opening of Casadonna, a Coastal Italian-inspired restaurant developed in partnership between Groot Hospitality and Tao Group Hospitality. The restaurant is slated to open Summer 2023 in the waterfront Mediterranean revival historic Women’s Club building, which was placed on the National Register of Historic Places in 1974.
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ALINA Residences Tops Off Phase Two Building ALINA 210 In Boca Raton
Only one year after its groundbreaking, El-Ad National Properties, an Elad Group company, have topped off ALINA 210 at ALINA Residences Boca Raton, an award-winning, world-class residential destination in the heart of downtown Boca Raton. ALINA Residences broke ground on its phase two development in March 2022, which includes two buildings: ALINA 210 and ALINA 220.
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Mast Capital Breaks Ground on Arquitectonica-Designed Luxury Multifamily Development At Entry To Miami Beach
As demand for apartment living in Miami Beach continues to reach record levels, Mast Capital, led by Camilo Miguel Jr., in partnership with Rockpoint, have launched its latest multifamily community set to transform the entry to Miami Beach at the intersection of the Julia Tuttle Causeway and Alton Road. Mast Capital and Rockpoint plan to develop a nine-story multifamily development with 178 units, located just off the Julia Tuttle Causeway.
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PORT 32 Marinas Acquires Lighthouse Point Marina
PORT 32 Marinas, LLC has acquired Lighthouse Point Marina, which is situated on the Intracoastal Waterway just minutes from the Hillsboro Inlet. Located at 2831 Marina Circle, Lighthouse Point, FL, the marina is one of the area’s most coveted destinations in the heart of the “Yachting Capital of the World.” PORT 32 is a leading owner, operator, developer, and acquirer of a growing collection of marina assets in nine premier markets across both coasts of Florida.
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New Fitness Concept "Club Studio" Coming to Miami's Grove Central Development in Coconut Grove
Club Studio, a new high-end fitness concept by Fitness International, the company behind LA Fitness, has signed a 38,400 square foot lease at Grove Central, a mixed-use transit-oriented development underway in Miami’s Coconut Grove neighborhood. The new state-of-the-art gym will incorporate innovative boutique fitness classes along with plenty of free weights, strength and cardio areas, a dedicated functional training area, cryotherapy and recovery services, locker rooms, and more.
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Pura Vida Brings Their Health Driven Ethos To Miami Shores and Doral As Health Food Hotspot and Lifestyle Brand Continues to Expand
Pura Vida, South Florida’s iconic well food hotspot and lifestyle brand, is continuing to expand with the announcement of new two new locations in the residential village of Miami Shores and the up-and-coming area of Doral. Both outposts are slated to open in March and come shortly after the opening of Pura Vida’s first international location in Doha, Qatar late last year.
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Matthew Villetto with Douglas Elliman, Mayor Fuller, James Curnin Developer Clara Bay Harbor, Jay Parker CEO of Douglas Elliman Florida, Joe Azar with Douglas Elliman
Clara Homes Breaks Ground on 'Clara Bay Harbor' On The Coveted Bay Harbor Islands
On the heels of closing on a $26 million construction loan for Clara Bay Harbor, Clara Homes has broken ground on Phase 1 of its luxury rental development, Clara Bay Harbor. Located at 10281 W. Bay Harbor Drive, the first building, a six-story midrise, will feature 28 well-appointed apartments designed with the same quality and level of finish as a luxury condominium. Inspired by New York’s famous apartment buildings, with personalized doormen and concierge service.
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Fortune International Group Launches Sales of 'ORA by Casa Tua' Short-Term Rental Residences In Brickell
ORA by Casa Tua, Brickell’s newest collection of short-term rental residences located at 1210 Brickell, has launched sales. The 76-story, mixed-use development, which is being developed by Edgardo Defortuna’s Fortune International Group, will feature 540 residences which will be among Miami’s most sought-after short-term rental residences.
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