Aria Development Group, Largo and Place Projects have secured $77 million in construction financing for 2200 Brickell, a five-story luxury condominium development on Brickell’s lush Millionaire’s Row. The construction financing was provided by Bank OZK which was represented by King & Spalding. Hunton Andrews Kurth and The Aztec Group represented the developers. 2200 Brickell is slated to break ground in Q4 2023. Residences are priced from $1.2 million
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Terra Completes Doral Atrium Lifestyle-Driven Retail Development in Doral
Terra, one of South Florida’s most active commercial and residential development firms, has completed construction of Doral Atrium, a 78,000 square foot lifestyle-driven retail development in Miami’s burgeoning City of Doral. News of Doral Atrium’s completion accompanies the signing of a 1,480 square foot new-to-market lease with TREMBLE Pilates Studio at the development.
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Related Group and Merrimac Ventures Partner with Hilton To Launch Waldorf Astoria Residences Pompano Beach
Related Group (Related) and Merrimac Ventures alongside hospitality leader Hilton (NYSE: HLT) have announced the signing of Waldorf Astoria Residences, located in South Florida’s emerging market of Pompano Beach. Directly overlooking the Atlantic ocean, the Waldorf Astoria Residences Pompano Beach (The Residences) marks the historic brand’s first-ever foray into purely residential concepts and its official entrance into Broward County.
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Waldorf Astoria Residences Miami Reveals $50 Million Penthouse
National development and investment firm PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT), have revealed the Penthouse at Waldorf Astoria Residences Miami. The $50 million full-floor penthouse is situated high above the clouds within the architectural marvel’s ninth cube, placing residents at the top of the tallest residential building south of New York City.
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Emerging Leaders: The Next Generation of Real Estate Presented by the Miami Herbert Business School Accelerated MBA in Real Estate
PROFILEmiami and The University of Miami Herbert Business School Accelerated MBA in Real Estate are pleased to present “Emerging Leaders: An Exploration into the Next Generation of Real Estate”, featuring an immersive panel event exploring the different stages of a career in the real estate industry and what it takes to get there.
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George Merrick's 8th Village Comes to Life as MG Developer Breaks Ground on 'The Village at Coral Gables'
MG Developer, led by Alirio Torrealba, announces the successful groundbreaking ceremony and Harvest Festival for The Village at Coral Gables, the highly anticipated residential development that pays tribute to the aesthetic beauty and lifestyle of Seville, Spain, and continues the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision for “The City Beautiful.”
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From L-R: Edgardo Defortuna, Fortune International; Simon Mass, The Condo Store; Jay Phillip Parker, Douglas Elliman Florida; Gil Dezer, Dezer Development; Katya Demina, PROFILEmiami; Daniel de la Vega, ONEsir; Demetri Demascus, PROFILEmiami
Inside PROFILEconnect: State of the Market Miami 2023 Presented by The Lighting Studio
On September 21 PROFILEmiami hosted the sold-out ‘PROFILEconnect: State of the Market Miami 2023 Presented by The Lighting Studio’ at Eclectic Elements Miami showroom in Wynwood featuring some of the biggest names in the Miami real estate industry. Attendees came out in record numbers to hear from Fortune International’s Edgardo Defortuna, Gil Dezer, Douglas Elliman’s Jay Phillip Parker, Kobi Karp, ONEsir’s Daniel de la Vega, Ronny Finvarb, Royal Palm Companies’ Dan Kodsi, and others
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The Allen Morris Company and Black Salmon Unveil $1 Billion Highland Park Miami Project Expanding Miami's Medical District
Miami’s unprecedented growth has transcended major global destinations, sparking increased need and demand for economic drivers, including healthcare, to support the evolving City’s infrastructure. To further solidify the metropolitan’s top position as the second largest health district in the U.S., the partnership of Miami-based national commercial real estate investment firm Black Salmon and The Allen Morris Company, one of the largest diversified real estate firms in the southeast, unveiled plans to develop Highland Park Miami.
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FIRST ON PROFILE: DAMAC International Submits Revised Sanitation and Service Bay Access Plans For Proposed Surfside Project
DAMAC International, a Dubai-based luxury property developer who purchased the 1.8-acre site at 8777 Collins Avenue in Surfside with plans for an iconic Zaha Hadid Architects-designed 12-story tower, has addressed the concerns of some members of the Champlain Towers memorial committee regarding refuse collection and the building’s service access bay along 88th Street.
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Brightline Launches Rail Service Connecting Miami to Orlando
Brightline’s passenger rail service between Orlando and Miami has officially commenced with the first train completing the 235 mile journey on September 22, 2023. The first train, Bright Pink, arrived in Orlando at 11:05 a.m. and was greeted by more than 500 elected officials, business leaders, community partners and company leaders from across the state.
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