The retail space on the ground floor of the Marinablue condominium in downtown Miami sold for $14.94 million, or an eye-popping $1,573 per square foot. Grouper MB Holdings, managed by Scott A. Silver in Miami, sold the seven retail condos totaling 9,500 square feet at 888 Biscayne Blvd. to Aran Properties, managed by Eric Levy…
Two major projects in southwest Palm Beach County are set for review, including a retail center with an assisted living and medical office component. The Palm Beach County Planning Commission will consider both items Aug. 4. The larger application concerns the 37.4-acre site at 9905 to 9845 Clint Moore Road – on the corner of…
Two major projects in southwest Palm Beach County are set for review, including a retail center with an assisted living and medical office component. The Palm Beach County Planning Commission will consider both items on Aug. 4. The larger application concerns the 37.4-acre site at 9905 to 9845 Clint Moore Road – on the corner…
Wawa wants to obtain approval for another South Florida store, this time near Palm Springs. During a ground breaking in Broward County in July, Wawa CEO Chris Gheysens said he plans to have over 50 locations in South Florida in the next five years and eventually reach 100 stores here. So far, the convenience store,…
Wynwood and a mosquito The threat of Zika has dampened tourism in Wynwood, and some real estate owners and brokers are taking advantage of the neighborhood’s vulnerability to lure prospective tenants to areas beyond the infected zone. Lyle Chariff, David Polinsky and Tony Arellano “We’re seeing a lot people in competitive neighborhoods, the Design District…
Moishe Mana, President Barack Obama and Donald Trump Developer Moishe Mana is showing his commitment to keeping Donald Trump out of the White House with a new offer: $2 million to charity in exchange for Trump’s tax returns. Mana previously said he’ll donate $1 million to a charity of Trump’s choice if the Republican presidential nominee releases…
A retail strip on Washington Avenue in Miami Beach could be redeveloped into the Moxy South Beach hotel. The city’s Planning Board will consider the application on Aug. 23. The developer is Washington Ave. Associates, an affiliate of New York-based Lightstone Group and owned by David Lichtenstein. It was designed by Kobi Karp Architecture, a…
The developer of the Gale Residences Fort Lauderdale Beach obtained a $35.6 million construction loan four months after starting work on the site. Dallas-based Hall Structured Finance awarded the mortgage to Tiffany House, a joint venture between Newgard Development and Merrimac Ventures. Miami-based Aztec Group secured the financing for the developer. Demolition started on the…
A developer wants to transform an 80-year-old apartment building in Miami Beach into the Sadigo Court Hotel, designed by prominent local architect Kobi Karp. The city’s Historic Preservation Board will consider the application by Sadigo Hotel LLC on Aug. 9. The developer is an affiliate of Bay Harbor Islands-based Blue Road and is owned by…
Two teams of prominent developers are competing to land a major redevelopment opportunity on Miracle Mile in downtown Coral Gables. Miami-based The Related Group and Coral Gables-based Allen Morris Co. have proposed the $250.5 million Coral Gables City Center, while Miami Beach-based Terranova Corp. and Orlando-based ZOM Living have partnered to propose the $184.8 million…