A tropical modern mansion on Palm Island designed by Choeff Levy Fischman has sold for $20.5 million. Located at 19 Palm Avenue, the two-story home spans 9,386 square-feet complete with a $500,000 custom Fendi kitchen.
Read More
Miami-Dade County And Related Urban Development Group Break Ground on Three Round Towers
Miami-Dade County Mayor Carlos A. Gimenez, Chairwoman Audrey M. Edmonson and Related Urban Development Group (RUDG) have celebrated the ground-breaking of Three Round Towers B&C and Brisas del Este, an affordable housing development encompassing three buildings for a combined total of 383 units in the Allapattah area of Miami-Dade County.
Read More
OFF-WHITE c/o VIRGIL ABLOH™ Opens Flagship Store In Miami Design District
OFF-WHITE c/o VIRGIL ABLOH™ has opened in Miami Design District (MDD). The new two-story flagship location is located at 127 NE 41st Street and will feature seasonal men's and women's collections of the luxury brand’s ready-to-wear streetwear.
Read More
Taurus Investment Holdings To Redevelop Civica Center Into Medical Space
The Boston-based Taurus Investment Holdings has acquired the Civica Center for $30.5 million in Miami’s hot Allapattah neighborhood. The Civica Center is located at 1050 NW 14th Street at the entrance to Miami’s Health District, which is home to a large concentration of medical firms and institutions including the University of Miami Leonard Miller School of Medicine.
Read More
AirBNB Announces Global Party Ban And Occupancy Cap
One of the leading homesharing platforms, AirBNB, has announced a global ban on all parties and events at Airbnb listings, including a cap on occupancy at 16. This party ban applies to all future bookings on Airbnb and it will remain in effect indefinitely until further notice.
Read More
Douglas Elliman Development Marketing Selected To Oversee Sales At 5000 North Ocean in Palm Beach
Douglas Elliman Development Marketing (DEDM) has announced that the firm has been selected to handle the exclusive sales and marketing for The Kolter Group's newly completed oceanfront residential tower, 5000 North Ocean, designed by Randall Stofft Architects and BC Architects, AIA.
Read More
Miami's First Large Scale Opportunity Zone Development Tops Off At 18-Stories in Downtown Miami
Co-developers The Estate Companies (EIG) and PTM Partners (PTM) have announced the topping off of the 230,430-square-foot, 18-story, 360-unit luxury rental development, Soleste Grand Central (Soleste Grand). Located at 218 NW 8th Street, steps from MiamiCentral Station in Downtown Miami, Soleste Grand represents Miami’s first large-scale opportunity zone real estate development.
Read More
Billionaire Investor Carl Icahn Officially Relocates Icahn Enterprises From Manhattan To Sunny Isles Beach
Billionaire investor Carl Icahn has reportedly officially finalized the move of Icahn Enterprises from New York City to South Florida. Icahn Enterprises has moved into their 23,463 SF lease on the 12th floor and penthouse of Milton Tower in Sunny Isles Beach. The firm previously was located in the General Motors Building in Manhattan.
Read More
The Estate Companies Acquires Former Ramada Hotel in Hialeah for $15.25 Million
The Estate Companies (EIG), a leading developer of luxury multi-family projects throughout South Florida, has announced the $15.25 million acquisition of a five-acre site occupied by a former Ramada Hotel at 1950 W. 49th St. in Hialeah. The closing took place August 7th with $11.5 million in financing arranged by LV Lending, a local private lender.
Read More
PROFILE Exclusive: Developing The Three Pillars Of Metropica With Joseph Kavana
Our first in-person interview and building tour since the COVID-19 shut-down was with Joseph Kavana, developer of $1.5 billion, 65-acre master-planned Metropica project which recently received TCO for its first residential offering, ONE Metropica Residences, design by YOO.
Read More