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Magic City Innovation District Set To Transform Little Haiti After Receiving Final Approval

July 7, 2019

Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has received a unanimous final approval from the Miami City Commission. MCID spans 6 city blocks and intends to redevelop the Little Haiti and Little River neighborhoods to create a walkable, campus-like neighborhood where individuals from all demographic backgrounds can enjoy a high-quality live, work, play lifestyle. With an emphasis on technology, sustainability, health and wellness and art and entertainment, MCID will contribute to the economic vitality of the area and enhance the appeal of the community.

Renovations and construction commenced in August 2018 on 17 of MCID’s 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses. Designs for the commercial spaces, which range from 300 to 14,000 SF, are spearheaded by a variety of local design firms, including McKENZIE and ELM Architects. MCID anticipates being ready to receive office, retail and other commercial tenants as early as September 2018. Metro 1 is overseeing lleasing efforts for the 17 spaces, geared toward creative-style tenants that align and shape MCID’s atmosphere and further promote foot and auto traffic throughout the neighborhood. The developers will also contribute $31 million to the Little Haiti Revitalization Trust which will be overseen by the city

When complete, the Magic City Innovation District Will feature 3.8 acres of public civic space, 2.18 acres of landscaped pedestrian promenade dubbed the Promenade du Grand Bois, 2,630 residential units, 1,987,686 SF of office, 101,669 SF of expo space, 432 hotel rooms, 344,538 SF of retail, and 6,081 parking spaces. The first 4 tenants to commit to MCID were revealed in Sprinf 2019 including Diana Lowenstein Gallery, Manmar Entertainment (marketing), Ecovie (recycling start-up), and COOL Creative (advertising).

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In Commercial, Construction, Construction News, Construction Update, Design, Little Haiti, Little River, New Construction, News, Office Space, Residential, Retail, Restaurants, Sales Update Tags MCID, Magic City Innovation District, Magic City, Little Haiti, Commercial, Little River, New Construction, Mixed Use, Sales Update, Design Update, Miami City Commission, Featured, Construction, Construction News, Construction Update, News, Office Space, Retail, Residential
The Arquitectonica-Designed Redevelopment Of Coconut Grove's Historic Pan Am Airways Base Submitted To City

The Arquitectonica-Designed Redevelopment Of Coconut Grove's Historic Pan Am Airways Base Submitted To City

June 30, 2019

Grove Bay Investment Group LLC. has submitted plans to the city for the redevelopment and restoration of Coconut Grove’s historic Pan Am Airways base. Construction on the project is already underway on the parking garage portion of the development.

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In Commercial, Coconut Grove, Construction, Construction News, Construction Update, Design, New Construction, News, Restaurants, Retail, Historic Tags Grove Bay Investment Group LLC, Coconut Grove, News, Historic, Commercial, Retail, Restaurants, Arquitectonica, Pan Am Airways Base, Design, Construction News, Construction, Construction Update, New Construction
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Rieber Developments Closes On $36 Million Construction Loan For Ivory 214

Rieber Developments Closes On $36 Million Construction Loan For Ivory 214

June 26, 2019

The Aventura-based Rieber Developments has announced that they have closed on a $36 million construction loan for Ivory 214. The loan was provided by the Miami-based BridgeInvest and was formally granted to the property’s development LLC, Shalev Development Group.

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In Aventura, Commercial, Construction, Construction News, Construction Update, Finance & Banking, Hotels, New Construction, News, N Miami Beach/ Aventura, Mixed Use, Office Space, Retail Tags Rieber Developments, Ivory 24, Aventura, News, Construction News, Construction, Construction Loan, Construction Update, Financing, Finance, Finance & Banking, Shalev Development Group, Winmar, Winmar Construction, Tapestry Collection by Hilton, Aventura Medical District, Cervera Real Estate, New Construction, Bernardo Rieber, 2820 NE 214 St, Hotel, Hotels, Commercial, Office Space, Retail, Mixed Use, Featured
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Rieber Developments Reveals Mixed-Use 12|12 Aventura In The New Aventura Medical District

Rieber Developments Reveals Mixed-Use 12|12 Aventura In The New Aventura Medical District

June 24, 2019

The Aventura-based Rieber Developments, led by Bernardo Rieber, has revealed plans for 12|12 Aventura, a mixed-used project with offices for medical professionals, a luxury senior living component and vibrant dining and shopping

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In Aventura, Commercial, Design, Medical, Mixed Use, New Construction, News, N Miami Beach/ Aventura, Office Space, Retail Tags Rieber Developments, 12|12 Aventura, Aventura, News, New Construction, Arquitectonica, ID & Design International, Bernardo Rieber, Winmar Construction, Cervera Real Estate, Mixed Use, Commercial, Office Space, Retail, Design Update, Design, Medical
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3364-3384 Grand Avenue_luxury Metronomic Officially Acquires Properties For Phase 1 of Grand Plaza, Coconut Grove's New $74 Million Sustainable Development

Metronomic Officially Acquires Properties For Phase 1 of Grand Plaza, Coconut Grove's New $74 Million Sustainable Development

June 17, 2019

Miami-based sustainable real estate developer Metronomic has acquired an assemblage of properties in Coconut Grove to commence development of their “Grand Plaza” mixed-use project. The four-parcel portfolio along Grand Avenue consists of 0.77 acres and was purchased for $6.3 million ($186.67/psf).

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In Coconut Grove, Invest, Investment News, New Construction, News, Residential, Sales Update, Sustainable Building, Commercial, Office Space, Retail Tags Metronomic Inc., Metronomic, Grand Plaza, Coconut Grove, Sustainable Building, Sustainability, News, Sales Update, Investment News, Invest, Ricky Trinidad, Burgos Lanza & Associates, New Construction, Residential, Commercial, Mixed Use, Retail, Office Space
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Alta Developers and Bacardi Foundation's South Miami Town Square Approved In South Miami

Alta Developers and Bacardi Foundation's South Miami Town Square Approved In South Miami

June 6, 2019

Alta Developers and the Facundo and Amalia Bacardi Foundation have been awarded approval by city commissioners to change the zoning needed to move ahead with South Miami Town Square, located at 5850 SW 73rd Street and 7331 SW 59 ave.

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In Commercial, New Construction, News, Residential, Retail, South Miami, Design Tags Alta Developers, Bacardi, Facundo Bacardi, Amalia Bacardi, Bacardi Foundation, Facundo and Amalia Bacardi Foundation, South Miami, South Miami Town Square, News, New Construction, Corwil Architects, Mixed Use, Commercial, Residential, Retail, Design, Design Update
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Simon's Sawgrass Mills, The United State's Largest Outlet Mall, To Undergo Major Renovation

Simon's Sawgrass Mills, The United State's Largest Outlet Mall, To Undergo Major Renovation

May 13, 2019

Simon's 2.3 million SF Sawgrass Mills, the largest outlet mall in the United States, is undergoing a major renovation as the Simon’s tries to boost brick-and-mortar shopping versus customers tendency to shop online.

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In Broward, Commercial, News, Retail, Sunrise Tags Sawgrass Mills, Simon's, Retail, Commercial, Sunrise, Broward, News, Featured
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Publix Receives Construction Permit For New Location In Downtown Miami At 3 MiamiCentral

Publix Receives Construction Permit For New Location In Downtown Miami At 3 MiamiCentral

May 5, 2019

Publix has received a construction permit to begin work on their newest supermarket location at Three MiamiCentral, just one block from MiamiCentral Station. Publix will buildout their 27,935 SF location in the ground floor retail space of the recently completed building which also features 90,000 SF of Class A office space and parking.

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In Commercial, Construction, Construction News, Construction Update, Downtown, New Construction, News, Retail Tags Three MiamiCentral, 3 MiamiCentral, MiamiCentral, Downtown, Florida East Coast Industries, News, Construction News, Construction, Construction Update, New Construction, Commercial, Retail, Publix, Supermarket, Hawkins Construction
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From L-R: Stephen A. Blumenthal, Principal of Coral Rock Development Group; David Brown, Principal of Coral Rock Development Group; Michael Wohl, Principal of Coral Rock Development Group; Victor Brown, Principal of Coral Rock Development Group; Cit…

From L-R: Stephen A. Blumenthal, Principal of Coral Rock Development Group; David Brown, Principal of Coral Rock Development Group; Michael Wohl, Principal of Coral Rock Development Group; Victor Brown, Principal of Coral Rock Development Group; City of Hialeah Mayor Carlos Hernandez; Oscar Rodriguez, Arena Capital Holdings; Hialeah City Council President Vivian Casals-Munoz; City of Hialeah Councilman Paul Hernandez; Ana Rodriguez, Arena Capital Holdings; and Sebastian Roiter, Arena Capital Holdings

Coral Rock Development Group & Arena Capital Holdings Break Ground On Pura Vida Hialeah

April 29, 2019

Miami-based Coral Rock Development Group and Arena Capital Holdings have broken ground on Pura Vida Hialeah, a nine-acre mixed-use project set to be the first of its kind in Hialeah in more than 20 years. When complete, the project will transform the area’s aging retail and residential offerings with the first new sleek contemporary designed vertical towers.

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In Commercial, Construction, Construction News, Construction Update, Hialeah, New Construction, News, Rentals, Residential, Retail Tags Coral Rock Development Group, Arena Capital Holdings, Pura Vida Hialeah, Hialeah, News, Construction News, Construction, Construction Update, Mixed Use, Commercial, Residential, Michael Wohl, Oscar Rodriguez, Stephen A. Blumenthal, David Brown, Victor Brown, Sebastian Roiter, 2901-3099 W 16th Avenue, 1571 W 29th Street, New Construction, Retail, Apartments, Apartment Rentals, Rentals, Groundbreaking
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Sunset Place Redevelopment Proposal Finally Gets Approved By South Miami

Sunset Place Redevelopment Proposal Finally Gets Approved By South Miami

April 28, 2019

Nearly two years after the South Miami voted against the redevelopment of Sunset Place, the city has now approved the proposal after a special commission meeting where the South Miami City Commission voted unanimously to approve ordinances that allow will give the go-ahead to the developers to revitalize the aging mall.

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In Commercial, Hotels, New Construction, News, Office Space, Rentals, Retail, South Miami, Sustainable Building Tags Federal Realty Investment Trust, Federal Realty, Comras Company, Grass River Property, Sunset Place, Commercial, Mixed Use, Retail, Office Space, Rentals, Hotel, Hotels, Apartments, Apartment Rentals, News, New Construction, South Miami, Sustainable Building, Sustainability
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