MG Developer, a residential developer with headquarters in Coral Gables and currently the most active developer in Hialeah, is pleased to announce that it has named Diego Torrealba as its new Senior Vice President of Real Estate Development at MG Developer. Torrealba brings a wealth of industry experience and expertise to his new role.
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Step Inside A Contemporary Waterfront Estate In Boca Raton's Prestigious 'The Sanctuary' Community Asking $16 Million
A newly constructed contemporary waterfront estate located in Boca Raton’s prestigious community, The Sanctuary, has listed for $16 million. The brand-new residence offers a bright and cheerful Southern Exposure, bathing the home in natural light, as well as captivating 30 ft ceilings at the entry, creating magnificent art walls, a blank canvas for any art enthusiast.
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PROFILEmiami & MG Developer Present: An Exploration Into Capital Markets Coral Gables
PROFILEmiami and MG Developer are pleased to present ‘An Exploration into Capital Markets Coral Gables’, a immersive panel event exploring capital markets and real estate development in South Florida with an emphasis on Miami’s Coral Gables neighborhood. The evening will include an in-depth discussion on Capital Markets along with cocktails and networking at MG Developer’s Village at Coral Gables sales gallery in the heart of Coral Gables.
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MG Developer And Baron Property Group Reveal $600 Million 'Metro Center' In Hialeah
The Coral Gables-based MG Developer, alongside their partner Baron Property Group (BPG), a New York-based development company, have revealed their plans for a new Hialeah, Metro Center. This $600 million landmark development will comprise nearly 2.3 million square feet of upscale apartments, and retail space between Metro Parc, Metro Parc North, and Metro Parc South, all located in a transit-oriented community in the heart of Hialeah.
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Swerdlow Group and Coastal Construction Top Off Block 55 at Sawyer's Walk in Downtown Miami
The Swerdlow Group and Coastal Construction Group have reached the top floor of Block 55 at Sawyer's Walk, an 18-story mixed-use development in downtown Miami offering affordable housing for low-income seniors. Developed by the Swerdlow Group, Block 55 at Sawyer’s Walk spans 1,400,000 SF, and features approximately 180,000 SF of retail space and 120,000 SF of Class A office space.
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Newgard Development Reveals Skydeck At LOFTY Brickell
Forward-thinking real estate developer Newgard Development Group continues to differentiate its LOFTY Brickell condominium project with unique features and innovative concepts. In the latest example, Newgard is unveiling its plan for the building’s skydeck-- a versatile rooftop space that will be available as a venue for private events and will be an additional building amenity dedicated exclusively to LOFTY unit owners.
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Miami Ranks Seventh in Housing Shortage Report As Florida Sees Nations Highest Rent Increase Since 2020
New research has shown that Miami ranks seventh in housing shortage report as Florida has seen the highest rent increase in the nation since 2020. Prices have continued to push higher where rental rates a 2 bedroom rental on Miami Beach is up over 46% year-over-year as of June 2023. Developers have struggled to keep pace despite Miami-developers leading the nation with a record 28,000 units currently under development in the Miami metro-area.
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Venetian Islands Waterfront Contemporary Spec Home 'Villa Marco' Hits Market For $23.9 Million
Villa Marco, a masterfully crafted waterfront residence developed by renowned local builder, Sabal Development, on Miami’s exclusive Venetian Islands has hit the market for $23.9 million. The property is a true testament to exquisite design capturing breathtaking bay views and natural light. Villa Marco is located on San Marco Island at 1369 North Venetian Way.
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Arquitectonica-Designed Boutique Condo 'Ella Miami Beach' Launches Sales In Miami Beach
Miami-based real estate development firms, Constellation Group, The Boschetti Group, and Vietmar have officially launched sales on Ella Miami Beach, a 10-story boutique condominium that will soon rise in the heart of Miami Beach, at 6940 Abbott Avenue. The new construction building is expected to break ground in the first quarter of 2024 and is slated for completion in 2026.
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Lefferts To Launch Short-Term Rental Approved Tower '72 Park' In Miami Beach
The NYC and Miami-based development firm, Lefferts, has revealed 72 Park, a short-term rental approved condominium tower coming to Miami Beach. Slated for completion in early 2024, this will be the first new luxury tower on Miami Beach to permit vacation (or short-term) rentals and will offer 206 units ranging from 470 to 1,177 square feet with prices starting from the $700,000s. The topping-off ceremony for 72 Park is estimated to take place in July 2023.
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