Mixed-use project proposed along Federal Highway

A vacant site on Federal Highway in Boynton Beach could be rezoned for a mixed-use project with apartments and medical/professional offices. On Tuesday evening, the city’s Planning & Development Board will consider rezoning the 1.2-acre site at the southeast corner of South Federal Highway and Southeast 5th Avenue from retail/commercial to mixed-use. The developer also…

The Wrap: Russell Galbut wants to revise his plans for 1212 Lincoln Road, bill would tighten regulations on EB-5 visas…and more

Rendering of 1212 Lincoln Road and Russell Galbut 1. Russell Galbut wants to revise his plans for 1212 Lincoln Road [SFBJ]3. Bill would tighten regulations on EB-5 visas [Daily Business Review]3. Wood Tavern’s owner to open Allapattah’s first permanent marketplace [Miami New Times]4. Good news for three key Miami commercial real estate markets [GlobeSt] — Sean…

Government study recommends $190 million federal courthouse project in South Florida

A new General Services Administration study examined the possibilities for replacing the U.S. Court in downtown Fort Lauderdale, and concluded that constructing a new facility is likely the best solution. The current courthouse and federal building suffers from “significant space functionality” issues that impact security for judges and judicial staff and has infrastructure problems, including…

Red Lobster owner sells 3 Florida locations

The owner of Red Lobster sold three Florida properties occupied by its restaurants to a firm in Miami-Dade County’s Bay Harbour Islands for a combined $17.7 million. GGC Real Estate Investments, an affiliate of San Francisco-baed Golden Gate Private Equity, sold the restaurant buildings in Orlando, Fort Lauderdale and Kissimmee to JCS RedLob III, managed…

Retail real estate’s big week out

A popular time for private receptions is Monday night, when firms book dozens of venues that draw crowds that range from the hundreds to the thousands. From the National Market Report: What happens in Vegas may stay in Vegas. But what happens at RECon, the International Council of Shopping Centers’ annual retail real estate convention in…