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Avison Young Oversees PMG Acquisition Of Wynwood Portfolio For $46 Million

Avison Young Oversees PMG Acquisition Of Wynwood Portfolio For $46 Million

August 23, 2019

Avison Young’s Florida Capital Markets Group has overseen the closing of a $46 million sale of a prime-located portfolio to an affiliate of PMG, who recently completed co-living concept X Miami on Biscayne Boulevard in Downtown Miami and is currently developing X Las Olas in Fort Lauderdale.

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In Commercial, Invest, Investment News, News, Sales Update, Wynwood Tags PMG, Property Markets Group, Avison Young, Avison Young Florida Capital Markets Group, Avison Young Florida Capital Group, John K. Crotty, Michael T. Fay, David Duckworth, Brian de la Fe, Myles Stepner, Peter Desiderio, Stearns Weaver Miller Weissler Alhadeff & Sitterson, P.A, Laura Bourne Burkhalter, Laura Bourne Burkhalter PA, PMG Acquisitions LLC, Wynwood, News, Investment News, Commercial, Invest, Featured, Sales Update
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Oceanfront Condo At Continuum South Beach Closes For Record $2,400 Per Foot At $4.2 Million

Oceanfront Condo At Continuum South Beach Closes For Record $2,400 Per Foot At $4.2 Million

August 1, 2019

Unit 2607 at Continuum South Beach has sold for a record setting highest price per square foot paid for a 2 bedroom unit. Dina Goldentayer of Douglas Elliman represented the seller, Never Again Ventures, LLC in the $4.2 million transaction which sold to a buyer from Connecticut for $2,400 per foot.

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In Luxury Homes, Luxury Real Estate, Miami Beach, News, Residential, Sales Update, South Beach Tags News, South Beach, Miami Beach, Douglas Elliman, Sales Update, Record Sale, Dina Goldentayer, Continuum, Continuum South Beach, Luxury Real Estate, Luxury Condo, Residential
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PARAMOUNT Miami Worldcenter Receives TCO As Tower Powers Towards Completion

PARAMOUNT Miami Worldcenter Receives TCO As Tower Powers Towards Completion

July 26, 2019

PARAMOUNT Miami Worldcenter has received its TCO as the $500 million, 60-story tower is powering towards completion with closings expected to commence in the coming weeks. The residential tower features 569-units which start at $885,000.

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In Construction News, Construction Update, Construction, Downtown, Luxury Real Estate, New Construction, News, Residential, Sales Update Tags Construction News, Construction Update, Construction, Downtown, Luxury Real Estate, New Construction, News, Sales UpdateTags PARAMOUNT Miami Worldcenter, Paramount, Park West, Sales Update, Dan Kodsi, Peggy Fucci, OneWorld Properties, Miami Worldcenter, CoastalTishman, Coastal Construction, AECOM Tishman, The Forbes Company, Taubman, Taubman Centers, Featured, PARAMOUNT Miami Worldcenter
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The Choeff Levy Fischman-Designed 224 Bal Bay Drive Breaks Records In Bal Harbour With $24 Million Sale

The Choeff Levy Fischman-Designed 224 Bal Bay Drive Breaks Records In Bal Harbour With $24 Million Sale

July 12, 2019

224 Bal Bay Drive has closed for $24 million after being listed on February 8, 2019 for $24.95 million with Dina Goldentayer of Douglas Elliman. The home was on the market less than 5 months before closing to an undisclosed buyer represented by Sandra Debuire of Coldwell Banker.

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In Bal Harbour, Bal Harbour/ North Beach, Bal Harbour/ Surfside, Luxury Homes, Luxury Real Estate, News, Residential, Sales Update Tags Choeff Levy Fischman, 224 Bal Bay Drive, News, Sales Update, Dina Goldentayer, Douglas Elliman, Luxury Real Estate, Luxury Homes, Bal Harbour, Bal Harbour/ Surfside, Deborah Wecselman, Residential, Featured
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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
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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Pordes Residential Oversees The Successful Sell-Out Of Peninsula Palm Beach and 101 Bay Harbor

Pordes Residential Oversees The Successful Sell-Out Of Peninsula Palm Beach and 101 Bay Harbor

June 15, 2019

Pordes Residential has recently overseen the sell out two South Florida developments, Peninsula Palm Beach and 101 Bay Harbor, marking the firm’s continued success in South Florida. Peninsula on the Intracoastal is a luxury, waterfront community of 40 luxury condominiums and 30 townhomes, located in Palm Beach County.

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In Bal Harbour, Bal Harbour/ North Beach, Bal Harbour/ Surfside, Bay Harbor Islands, Luxury Real Estate, New Construction, News, Palm Beach, Palm Beach County, Residential, Sales Update Tags Pordes Residential, Peninsula Palm Beach, News, Sales Update, Palm Beach, Bal Harbour, Bal Harbour/ Surfside, Bay Harbor, Bijou Bay Harbor, 101 Bay Harbor, Adam Kaufman, Palm Villas, Palm Beach County, Residential, Luxury Real Estate
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Florida's 2nd Woman Architect Who Built University of Miami's Campus Sells Home For $1 Million

Florida's 2nd Woman Architect Who Built University of Miami's Campus Sells Home For $1 Million

June 13, 2019

An extremely unique property that was built by Florida’s second registered woman architect, Marion Manley, has sold for $1,000,000. The sale was represented by Alex Enriquez & Alex Pinero of Douglas Elliman who had listed the home for $1,165,000 and the buyer was represented by Sabriane Brandao of Global Luxury Realty.

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In Celebrity Real Estate, Historic, Mimo, News, Residential, Sales Update, Morningside Tags MiMo, Mimo, Morningside, News, Sales Update, Alex Pinero, Alex Enriquez, Douglas Elliman, Sabriane Brandao, Global Luxury Realty, Marion Manley, 601 NE 56th Street, Historic, Celebrity Real Estate, Celebrity Homes, Residential
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Villa Valencia Launches Sales In Coral Gables

Villa Valencia Launches Sales In Coral Gables

June 11, 2019

Villa Valencia has launched sales in “The City Beautiful,” bringing a new residential address that blends private luxury with a true downtown lifestyle. The project is being developed by Location Ventures, the Miami-based real estate investment firm with a portfolio of residential and mixed-used projects throughout South Florida.

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In Coral Gables, New Construction, News, Residential, Sales Update Tags Villa Valencia, Hamed Rodriguez Architects, CMA Design Studio, Cesar Molina, 515 Valencia Avenue, Coral Gables, Sales Update, New Construction, ONE Sotheby's International Realty, News, Residential, Featured
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Okan Tower Releases First Interior Renderings With Groundbreaking Planned For Late 2019

Okan Tower Releases First Interior Renderings With Groundbreaking Planned For Late 2019

June 5, 2019

Turkish developer Okan Group has released the first interior renderings of the Behar Font & Partners-designed Okan Tower in Downtown Miami. The tower is expected to break ground later this year and will rise 70-stories when complete, over 890’.

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In Commercial, Construction, Construction News, Construction Update, Downtown, Interiors, Mixed Use, New Construction, News, Residential, Sales Update, Office Space, Hotels Tags News, Okan Tower, Okan Group, Behar Font & Partners, Behar & Font, Construction News, Construction, Construction Update, Mixed Use, Commercial, Residential, Hotels, Hotel, Office Space, Downtown Miami, 555 N. Miami Ave., Sales Update, Interiors, New Construction
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