Rendering of 250 Wynwood A new restaurant, Crudos Fusion Sushi, will open at 250 Wynwood, as the neighborhood continues to attract more eateries, The Real Deal has learned. New York-based Thor Equities leased the 1,800-square-foot space to the restaurant, adjacent to the upcoming Federal Donuts on the ground floor of the condo building at 250…
East End Capital has proposed one of the first mixed-use projects under the new zoning code in Miami’s high-demand Wynwood neighborhood. Wynwood 25 would total 400,000 square feet, with 289 apartments, 31,000 square feet of ground-floor retail and 340 parking spaces. The apartments would be mostly studios and one-bedroom units, ranging from 400 to 1,200…
Prestige Imports Miami walked away with the keys of a former Walgreens building next to its dealership in North Miami Beach. EDCO Miami LLC, managed by Donald Smith in Hingham, Massachusetts, sold the property at 15050 Biscayne Blvd. for $12.5 million to Prestige Imports Outparcel, an affiliate of the luxury car dealer. Built in 2010,…
Greystar paid $10.3 million for an apartment development site near the Dadeland Mall and in Downtown Dadeland. Dadeland Building LLC, an affiliate of Dayco Group, sold the 39,027-square-foot site at 7400 N. Kendall Drive to Charleston, South Carolina-based Greystar. The seller was represented by HFF’s Manny de Zárraga, Jaret Turkell and Maurice Habif. Greystar plans…
Jose Moré co-founded a construction company at a time when the industry was on its heels, and made it one of the fastest-growing companies in South Florida. He teamed with high school friend Jose “Pepi” Gomez during the recession in 2008 to found Coral Gables-based Newport Property Construction. New York Yankees designated hitter Alex Rodriguez…
The Miami-Dade County Commission unanimously approved the selection of a unit of Miami-based the Related Group for the $307 million redevelopment of the Liberty Square housing project in Miami’s Liberty City. Related Urban would build 1,332 new housing units at Liberty Square and 216 units at Lincoln Gardens in nearby Brownsville. Both are low-income communities…
Venture capital can’t get enough of WeWork (Illustration by Lexi Pilgrim for The Real Deal) TRD Special Report from the New York website:Sporting a Nehru jacket and addressing an audience that included Indian Prime Minister Narendra Modi, Adam Neumann made it clear he didn’t want his company to be thought of as a number. Even if…
Rendering of the Hillsboro Technology Center in Deerfield Beach Two South Florida-based companies are moving their corporate headquarters to new sites in Deerfield Beach and Aventura. Deerfield Beach The developer of the Hillsboro Technology Center signed a lease with the Learning Experience, an early childhood education company. The Learning Experience will occupy 39,000 square feet at the…
Two companies are seeking public incentives to create high-skilled jobs in Palm Beach County. Both requests will be heard by the Palm Beach County Commission on July 12. One company is confidential and the other is not. The Business Development Board of Palm Beach County worked with both companies. Sancilio & Co. could receive up…
Rendering of Royal Caribbean’s new terminal in PortMiami Royal Caribbean’s new cruise terminal in PortMiami is a go. Miami-Dade County commissioners on Wednesday unanimously approved the public-private partnership that will allow Royal Caribbean to build a terminal in PortMiami large enough to house the world’s largest cruise ships. Last week, Miami-Dade and Royal Caribbean announced…