Miami is set to get its first supertall in the fast emerging Downtown neighborhood, as Tibor Hollo's Florida East Coast Realty is gearing up to begin construction on the 1,049', 92-story, Kohn Pedersen Fox (KPF)-designed One Bayfront Plaza in 2019. Demolition of an existing office building on the current site is scheduled for the first half of 2019.
Read MoreSwire Announces Brickell City Centre Office Space is 100% Leased
Swire has announced that Brickell City Centre's 260,000 SF of office space at Two and Three Brickell City Centre is now 100% leased. Each office tower rises 12 floors and was designed by Arquitectonica. The final two leases signed were by KPMG for 16,926 SF, which equates to a full floor, and Interaudi Bank, who leased 10,700 SF.
Read MoreLincoln Road Macy's To Be Replaced By DOMO-Designed 1675 Meridian
1675 Meridian, a new concept designed by DOMO Architecture + Design which was first revealed last year, will reportedly replace the Macy's at Lincoln Road in South Beach. In September 2016 PROFILEmiami reported that Macy's was quietly marketing the remainder of leasehold
Read MoreTarget To Open Its First Ever Store In South Beach At BLVD At Lenox
Target has announced that they will be opening a new small-format store in South Beach. The store will be located at the new BLVD at Lenox retail development located at Fifth Street and Lenox Avenue. The location will be Target's first ever in Miami Beach and will be 33,000 SF.
Read MoreSouth Miami Votes Against The Zyscovich Architects-Designed Proposal To Redevelop The Shops at Sunset Place
After a year of developing plans with Zyscovich Architects to redevelop the Shops at Sunset Place with the addition of a hotel and 2 residential rental buildings, the South Miami City Commission has voted 3-2 against the project.
Read MoreThor Equities Officially Begins Construction on Wynwood Walk After Locking Down Construction Financing
Thor Equities, a global leader in urban real estate development, leasing and management, have broken ground and officially commenced construction on Wynwood Walk (November 2017) after locking down construction financing from Bank of the Ozarks. Wynwood Walk will run the entire block from NW 29th Street to NW 28th Street near Wynwood’s northern entrance
Read MoreCheck-Out The Zyscovich Architects-Designed Proposal To Redevelop The Shops at Sunset Place
A Zyscovich Architects-designed proposal to redevelop the Shops at Sunset Place is under review by the City of South Miami's Special Planning Board. The developers goal is to reenergize the existing, aging, Shops at Sunset Place into a lively mixed-use, urban district.
Read MoreHES Group Secures Loan $9.5 Million Loan For Triptych Hotel in Midtown
HES Group has secured a $9.5 million loan for Triptych Hotel, in Midtown Miami, adjacent to Miami Design District. The loan was provided by a Panama-based lender 21 Brands S.A. Triptych Hotel was approved earlier this year, after HES Group sold JQ Group shares in the project for undisclosed terms.
Read MorePitbull to Open iLov305 Restaurant and Cocktail Bar in Former Bon Air Hotel on Ocean Drive
Pitbull is bringing a restaurant to Ocean Dirve. The singer has announced that he will launch a new concept, iLov305, in the former Bon Air Hotel at 1600 Ocean Drive. iLov305 will be a restaurant and cocktail lounge with daiquiri bar.
Read MoreConstruction 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