Miami-based developer Shoma Group has announced its latest acquisition, a 2.5-acre site at 3650 Bird Road, currently home to Deel Volvo, near Coral Gables for $34 million. It will be the site of Shoma One, a mixed-use project with a 391-unit apartment community and a Shoma Bazaar food hall. The development is expected to cost $220 million to build.
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PEBB and Banyan Development Acquire Seven Building Portfolio at the Research Park at Florida Atlantic University® For $37.5 Million
PEBB Enterprises and joint venture partner Banyan Development closed another major office acquisition in the companies’ home base of Boca Raton. The venture paid $37.5 million for a long-term ground leasehold interest position in the Research Park at Florida Atlantic University®, consisting of a portfolio of seven multi-tenant office buildings totaling 308,305 SF.
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Lotus House Woman's Shelter Reveals Children's Village In Miami's Overtown Neighborhood
Sixteen years after its founding, the nation’s largest women’s shelter is embarking on an ambitious expansion plan that will extend its reach deeper into the Miami community to better serve children and youth. Lotus House, a nonprofit shelter in Miami’s historic Overtown district, is growing its suite of supportive services with the creation of a “Children’s Village”.
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Limestone Acquires PLANTA Property In Miami Beach's Ritzy South-Of-Fifth For $12 Million
Miami-based Limestone Asset Management has acquired the flagship South-of-Fifth property which is home to PLANTA in Miami Beach for $12 million. The 7,835 SF building was completed in 2018 as the first built-to-suit and the first PLANTA in the state of Florida and sits on a 9,148-square-foot (0.21-acre) lot. The property is located at 850 Commerce Street, Miami Beach.
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Inside The Exclusive Reveal Of The $33.9 Million Crown Jewel Penthouse At Regalia X PROFILEmiami and Pordes Residential
On Wednesday April 27, 2022, PROFILEmiami presented an Exclusive Reveal of the Crown Jewel $34 Million Penthouse At Regalia Residences X PROFILEmiami & Pordes Residential. The event brought together some of Miami’s top real estate brokers and PROFILE Insiders including developers, architects, investors, financiers and crypto entrepreneurs for an evening soirée.
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Image via Kris Tamburello Studios
Major Food Group Opens Dirty French Steakhouse In Brickell
Major Food Group (MFG), the globally acclaimed hospitality brand that has taken Miami’s restaurant scene by storm, has opened its first-ever project in Brickell, Dirty French Steakhouse, a glamorous, energetic, and extraordinary interpretation of the classic steakhouse. Located at 1200 Brickell Avenue, the restaurant welcomes guests beginning April 29th.
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Step Inside This Coral Gables Mansion In The Exclusive Tahiti Beach Asking $12.9 Million
A stunning non-waterfront mansion on an exclusive cul-de-sac in Coral Gable’s gated Tahiti Beach has hit the market for $12.9 million. The Mediterranean residence stuns with its majestic arches, winding walkways, and private beach access. The 10,768-square foot estate offers 7 bedrooms, 6.5 baths, and sits on an expansive 1+ acre lot.
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Merrick Manor Sells Out Commercial Spaces With Sales Of Prime Ground-Floor Retail Suite
Merrick Manor continues to generate strong interest from investors seeking Class A commercial real estate in Coral Gables. The luxury mixed-use building developed by the Henry Torres-led Astor Companies, has sold out the commercial spaces following the $5.44 million sale of several retail condominiums, including two units occupied by popular fitness studio Sweat 440.
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ALTARA Properties Reveals Casa Azzura Luxury Townhomes In Coconut Grove
ALTARA Properties has revealed Casa Azzura Coconut Grove, a luxury tropical modern townhome development designed by renowned Venezuelan-architect Mario Bocaranda in Miami’s hot West Grove section of Coconut Grove. The new construction residences are available for purchase and are on track for completion in early 2022.
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Okan Tower Unveils Loft Penthouse Collection As Development Nears Groundbreaking In Downtown Miami
Okan Tower, which is set to become one of the tallest towers in Downtown Miami, has unveiled its exclusive Loft Penthouse Collection. Rising 902’ in the air, the 70-story project’s highly-anticipated Loft Penthouse Collection consists of 14 impressive residences soaring above downtown Miami at the building’s peak.
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