The Inverrary Vacation Resort in Lauderhill could be sold out of U.S. Bankruptcy Court if its owners have their way. The Inverrary Resort Hotel Condominium Association, Nirvana Inverrary Lofts, and Alrames S.A. de C.V. Corp. filed related Chapter 11 reorganization cases on May 31. The filings listed $4.7 million in liabilities, with the largest being…
Wawa stores broke ground in Pompano Beach and West Palm Beach on Wednesday as the company’s CEO said he wants to reach 100 locations in South Florida. The Pennsylvania-based gas station, convenience store and fresh food chain has expanded to Florida in a big way. Four years after entering Central Florida, it has 90 locations…
Rendering of 200 North Miami Avenue Mana Wynwood has submitted plans for a 49-story, 328-unit apartment tower in downtown Miami, the first for developer Moishe Mana in downtown Miami. Mana and Zyscovich Architects submitted their plans for 200 North Miami Avenue to Miami’s Urban Development Review Board for its July 25 meeting. Mana has spent more than $200 million acquiring…
A public company that specializes in global logistics is seeking incentives from Miami-Dade County to build a $65 million facility in the northwest part of the county. “Project Ideal” is keeping its identity confidential as its application under the Targeted Job Incentive Fund was filed with the Beacon Council. The county commission will vote on…
Four significant projects are being considered in the booming Wynwood Arts District in Miami. The neighborhood was recently rezoned to encourage mixed-use projects, more residential, less off-street parking and heights of up to eight stories. Deep-pocketed investors have purchased properties in Wynwood at a premium to build such projects. These four proposals will be heard…
Cushman & Wakefield recruited a nine-person team, led by Robert Given, with more than $20 billion in deals on their resumes in the past 13 years from rival commercial brokerage CBRE. Given was the vice chairman of the institutional and multifamily group for CBRE and was on the firm’s South Florida Senior Leadership Board. He…
West Palm Beach officials will get a first look at three significant development proposals, including a wealthy investor’s plan to redevelop the historic Carefree Theatre into a mixed-use project. All three projects will go before the Plans and Plats Review Committee on Wednesday. They could change before they go to the city council for approval.…
The Adler Group and 13th Floor Investment have asked Miami-Dade County officials to sign off on their $464 million deal to turn the Douglas Road Metrorail station into a transit-oriented development. The Miami-Dade County Transit and Mobility Services Committee will vote on the contact on Wednesday following a negotiation with county staff that lasted about…
Miami skyline
1. How millennial tastes shape a new generation of food startups [Miami Herald]
2. Brexit adds chill to slumping commercial property sector [Wall Street Journal]
3. The preliminary route of rail system that will connect Miami to South Beach [The Next Miami]
4. Expect to see more of this new hotel brand in South Florida [GlobeSt]
— Sean Stewart-Muniz