The Town of Palm Beach has approved plans for a luxury condo atop the iconic Tiffany & Co. building on Palm Beach’s Worth Avenue, one of the ritziest, most expensive streets in the United States. The addition would include the conversion of the existing 2nd floor as well as adding a 3rd floor spa and pergola which would not be visible to pedestrians on the street.
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CIM Group & OneWorld Properties Go Vertical At Mixed-Use Wynwood Square
Two tower cranes are now installed at 2201 N Miami Ave. where CIM Group and Oneworld Properties have gone vertical with the Stantec-designed Wynwood Square. When complete the mixed-use development will feature 2 towers rising 12-stories complete with 257 residential rental apartments complete with a full suite of amenities, 60,000 SF of office space, 27,000 SF of ground floor retail and 480 parking spaces.
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The Mess At Melreese Golf Club Gets Worse As Miami Freedom Park Gets Delayed Again
There is just no telling where the supposed deal to bring a professional soccer stadium to Miami will end up after Miami city commissioners voted on Tuesday to continue negotiations with the group, led by Jorge Mas of MasTec, in regards to the projected $1 billion mixed-use office and retail project.
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Avison Young Chosen By New Ownership Team At 800 Brickell To Oversee Leasing
Avison Young has been named the exclusive leasing firm for the 15-story, 209,122 SF office tower at 800 Brickell Avenue in Miami. The assignment was awarded by new-to-market ownership, New York-based family firm Gatsby Enterprises in partnership with MasterMind Properties, which acquired the trophy asset for $125.5 million in July 2019.
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Galium Capital Closes On Palm Square Retail Center In Pembroke Pines For $20.475 Million
Galium Capital, a Miami-based private equity firm, has closed on Palm Square, a 77,621 SF shopping center in Pembroke Pines, Florida. The sales price was $20.475 million and the closing was overseen by Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI).
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Starwood Capital Group To Break Ground On Office Building At 2340 Collins Avenue In South Beach
Starwood Capital Group has filed construction and demolition permits to build a new commercial building at 2340 Collins Avenue in South Beach which will feature both office space and retail. The project will offer 136,342 SF of office space, 8,088 SF of retail which will also feature restaurant space and 305 parking spaces.
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Graffiti-Inspired Bar Vandalo Wynwood Opens In Wynwood
Vandalo Wynwood, a new graffiti-inspired lounge/restaurant designed to test limitations, break boundaries, and create something new, has opened in Wynwood. The restaurant offers cuisine inspired by ethnic street food, elevated to the finest gastronomy. Vandalo Wynwood is a statement on its own, its a place where you're encouraged to be who you are and leave the ordinary behind.
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Epicure Gourmet Market’s Jason Starkman To Sublease Epicure’s Former 31,000 SF Space On Lincoln Road
After the famous Epicure Gourmet Market & Café on Miami Beach’s Alton Road closed its doors after Hurricane Irma, the owner of the market & café, Jason Starkman, is now redeveloping the Lincoln Road space and has listed the 31,000 SF property with Brian Carter, Filippo Incorvaia and Ross Padfield of Douglas Elliman.
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Funding For Lincoln Road Revamp Approved By Miami Beach City Commission
A $77.4 million funding package for a major James Corner Field Operations-designed revamp of Miami Beach’s Lincoln Road has been approved by Miami Beach city commissioners. The funding will come from city taxpayers in addition to a $16 million Special Assessment charged to property owners in the immediate Lincoln Road district.
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HFF Secures $550M Loan For Expansion Of Luxury Retail Destination Bal Harbour Shops
Holliday Fenoglio Fowler, L.P. (HFF) has announced that it has arranged $550 million in financing for the expansion of the iconic Bal Harbour Shops, a 463,114 SF, open-air, fully leased global, luxury shopping destination anchored by Saks Fifth Avenue and Neiman Marcus along Miami Beach in Bal Harbour, Florida. The loan is one of the largest construction loans ever to close in Miami.
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