The Boca Grove Centre office building near Boca Raton sold to a developer for $11.5 million. Kas Grove LLC, managed by Daniel Stuzin in Miami, sold the 51,808-square-foot office complex at 21301 Powerline Road to TJAC Boca Grove, managed by Zvi Schwarzman, the managing director of Boston-based TJAC Development. SunTrust Bank provided an $8.6 million…
The downtown Miami skyline (Credit: Lonny Paul) The federal government’s tracking of secretive luxury home buyers in Miami — a move that sparked a firestorm of controversy and criticism from the city’s real estate community — officially begins Tuesday. For the next six months, title insurance companies will be required to reveal the true names…
Miami Beach officials will review four significant development projects, including a condo tower and three hotels. All four items will be heard by the city’s Historic Preservation Board on March 8. CCCC Miami Beach, an affiliate of China City Construction Co., has proposed an 18-story condo at 6747 to 6757 Collins Ave. It acquired the…
A sustainable house in the Czech Republic (credit: Andrea Thiel Lhotakova via ArchDaily) From the New York website: This round house built for a family in Stechovice, Czech Republic (about 45 minutes south of Prague by car) is an attempt to prove that sustainable architecture can still be stylish. But it is also a case where…
Renderings of the Strata at Plantation townhome project Strata at Plantation, an upcoming townhome project from Invesca Development Group, was just awarded unanimous approval from the city council. The development group will now finish signing all documentation with the city, with plans to launch sales at the end of March. Strata is slated to bring…
Pompano Beach officials are set to consider three major development proposals, an extended stay hotel near the beach, a mid-rise apartment building and live-work lofts designed for artists. All three items will go before the city’s Development Review Committee on March 2. In the largest proposal, Pure Residences would have 187 “apartment-style” hotel suites at…
The $3.1 billion Brightline intercity passenger train is planned to have just four stations between South Florida and Orlando when it launches full service by 2018 — but an effort is underway to bring on one more in the future. The Space Coast Transportation Planning Organization (TPO) in Melbourne will meet on March 10 to…
The Wynwood assemblage made up of two parcels The owners of a Wynwood property assemblage have dropped the price of their properties by $5.5 million and switched brokerages from Marcus & Millichap to Metro 1. Now asking $22.5 million, the assemblage includes two side-by-side parcels at 201 Northwest 21st Street and 210 Northwest 22nd Street.…
The nearly half a block in the red hot Wynwood neighborhood of Miami has been put on the market for $22.5 million. Land prices in Wynwood have skyrocketed in recent years as it’s been transformed from a warehouse area into an arts, retail and restaurant district. A recent rezoning allows for buildings of up to…