YOTELPAD has released new renderings as the project gears up to break ground by Q4 2018. The project is expected to cost $150 million and has set a timeframe for delivery in 2020. YOTELPAD in Downtown Miami will be the first East Coast location of YOTEL's new YOTELPAD concept.
Read MoreMelo Group Opens Square Station Apartments in Downtown Miami, Encourages Car-Free Living
Times are changing in Miami. Just 2 years ago, living in Miami required a car and was a pure drivers' city. Now though, the Downtown corridor is filling in fast like Manhattan. Formerly dirt plots now feature residential and retail and matched with the advancement of ride-sharing platforms such as Uber and Lyft, Miami is now a city you can live without a car.
Read MoreStambul Acquires The Historic Walgreens Building In Downtown Miami's East Flagler Street
Stambul, a family-owned and operated, full-service boutique construction and development firm, has completed the purchase of the historic Walgreens building in Downtown Miami for $19.75 million. Located at 200 East Flagler St., the building was owned by the Alonso family and is currently home to La Epoca Department Store.
Read MoreDowntown Miami's $800 Million Signature Bridge Awarded Notice To Proceed By FDOT
Florida Department Of Transportation (FDOT) has awarded the Archer Western-de Moya Joint Venture, the contractors for Downtown Miami's $800 million Signature Bridge, a Notice To Proceed. The final chosen design known as The Fountain and will be the new gateway to Miami Beach, transforming I-395 and the entry to MacAruthur Causeway.
Read MorePMG's Downtown Luxury Rental X Miami Officially Opens, Now Over 40% Leased
X Miami, PMG's new 464-unit luxury rental building in Downtown Miami, has officially celebrated its grand opening and is over 40% leased. X Miami is part of PMG's portfolio of X Social Communities and offers a program charged social community designed to promote engagement between residents and a social environment.
Read MoreMiamiCentral Featuring Brightline Tabs Tony Cho’s Metro 1 Commercial As Exclusive Retail Brokerage For Development
Florida East Coast Industries (FECI) has hired leading commercial brokerage firm Metro 1 Commercial, LLC to spearhead retail leasing efforts for the state-of-the-art development, MiamiCentral, Miami's most connected, mixed-use transportation hub.
Read MoreAtlantic Pacific Communities' Bermello, Ajamil & Partners-Designed Proposal Chosen For Downtown's Block 45
The Miami-Dade county-owned Block 45 is nearing redevelopment as the proposal by Atlantic Pacific Communities which was designed by Bermello, Ajamil & Partners & Corwil Architects has been chosen as the winning design by a Miami-Dade selection committee.
Read MoreLegal Battle Over Gary Nader’s Latin American Art Museum Proposal Continues with Miami Dade College
Gary Nader, a local art collector with a gallery in Wynwood, is not giving up on his battle to build an art museum in downtown Miami to display his personal collection. Nader wants to develop the Latin American Art Museum, which would also house condos upstairs, on prime property at 520 Biscayne Boulevard. His collection features artists like Botero, Matisse, and Picasso.
The land Nader bid on is currently owned by Miami Dade College and is utilized as a parking lot for students. It was valued at $125 million as of three years ago. The college rejected Nader’s proposal for the museum, as well as a competing proposal submitted by Jorge Perez, Chairman and CEO of Related Group. When Nader sued the college for public records violation, a judge ruled that Miami Dade College didn’t violate the law, but still ordered the college to turn over all documents requested by Nader related to the bidding process. Now, the two parties are fighting over $1.7 million accrued in legal fees, which Miami Dade College calls unnecessary and frivolous. The attorney for Miami Dade College told judge Thomas Rebull that those “public funds should have been used for educational purposes—your tax dollars and mine.”
Nader spent $4 million developing his plan in collaboration with Mexican architect Fernando Romero, who designed Mexico City’s Soumaya Museum, which was also funded by a private investor. Still, Nader remains hopeful. Given the prestige and size of his collection with over 150 of Latin America’s most important artists, he thinks, “It would be a project that would be visited by everybody who comes to this city, without a doubt.”
Article By: Katya Demina
Some Outraged Downtown Residents Have Made A Move Against The City of Miami For Ultra & Formula 1 Proposal
Not everyone can always be happy, no sooner then Miami had made strides on the world stage to host the Formula 1 Miami Grand Prix in the streets of Downtown Miami, had a group of 11 residents moved against the city. Some Downtown Miami residents have teamed up and sought legal council combatting the city.
Read MoreDemolition Now Underway On Site Of Future Allan Shulman-Designed Hotel Tower in Downtown Miami
Demolition is now underway at 511 NE 15th Street where Mandala Holdings is planning to build a 40-story hotel tower designed by Allan Shulman. In May the developers received a demolition permit for the 4,457 SF of existing buildings on the 11,700 SF site, although a construction permit to proceed with the new tower has not yet been applied for.
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