The crown-jewel penthouse at Three Hundred Collins has sold for a record setting $5.8 million, $1,845 SF, the highest price-per-square-foot sale for a non-waterfront condo in South Beach. Penthouse 1 features 3,150 SF of interior space and 1,580 SF of outdoor terrace space.
Read More
Gary Nader to Sell $100 Million of Art to Fund The Nader Art Museum Latin America
Art dealer Gary Nader has decided to sell $100 million of art from his private collection to fund the Nader Art Museum Latin America. Nader's journey to construct the full scale museum has not been without drama as we reported in March 2017 that Nader was still interested in bringing the Nader Art Museum Latin America to Downtown Miami
Read More
PROFILE Exclusive: Energizing Miami's New Arts + Entertainment District With The Skyline Changing CANVAS
PROFILEmiami had the exclusive opportunity to sit down with Ron Gottesmann and Nir Shoshani, founders of NR Investments and the masterminds behind CANVAS as well as Miami's new, burgeoning Arts + Entertainment District.
Read More
G&G Business Development Announces Aston Martin Residences to Break Ground October 18
Aston Martin Residences at 300 Biscayne Boulevard Way, under development by G&G Business Development, has announced that they will break ground on October 18, 2017. The news follows last month's announcement that G&G Business Development had filed a Notice of Commencement with Miami-Dade County.
Read More
Construction on Mixed-Use River Landing Shops and Residences To Begin By End-Of-Year
Construction on River Landing Shops and Residences is set to begin by the end of the year (2017) in Miami's Health District. Foundation work began earlier this year at the 8.14-acre site on the Miami River located at 1400 NW River Drive.
Read More
Okan Group Proposes The Sterling, A Mixed-Use, Behar Font-Designed Downtown Hotel Tower
Turkish developer Okan Group has proposed a 73-story hotel project inspired by a tulip in Downtown Miami. The project is being dubbed The Sterling (although renderings show Okan Tower) and is located at 555 N. Miami Avenue.
Read More
Two Roads Development Locks Down $16.5 Million in Financing for Elysee Miami
Two Roads Development has secured $16.5 million in initial construction draw from Mosaic Real Estate Credit, LLC. (MREC) for the development of Elysee Miami after announcing they would break ground this fall (2017).
Read More
CitizenM Hotels Continues Splash in Miami, Buys Perricone's Marketplace Site in Brickell
Last week we reported that Crescent Heights is aiming to bring a CitizenM Hotel to 1212 Lincoln Road on Miami Beach. CitizenM continues to make a splash in Miami as they have purchased the Perricone's site via the entity CitizenM Miami Brickell Properties at 15 SE 10th St next to Allen Morris Park for $16.18 million.
Read More
South Beach's First Food Hall Concept, Time Out Market Miami, Is Revealed
Time Out Market Miami has revealed their first renderings of the open food hall concept, the first of its kind in South Beach. The eatery will feature 17 restaurants in total and has announced commitments by multiple local Miami restaurant brands including KUSH, Coyo Taco, Jugofresh, Paradigm Kitchen, and BUHT-ER.
Read More
1900 Biscayne Boulevard Sold For $18.4 Million Derailing Kobi Karp-Designed Project
The 1-acre development site at 1900 Biscayne Boulevard has been sold for $18.4 million, essentially derailing the 36-story, 429 unit, Kobi Karp designed residential project that had previously been approved for the site.
Read More