A 2008 photo of Miami’s Dolphin Stadium (Credit: Leobboudv)
1. Stephen Ross gives Miami’s Dolphin Stadium new name [Miami New Times]
2. Small chance of home prices falling in South Florida [Sun Sentinel]
3. Demolition nearly complete at PMG’s 300 Biscayne [The Next Miami]
4. Tere Blanca’s serendipitous start in commercial real estate [GlobeSt]
— Sean Stewart-Muniz
An aerial view of Miami’s Brickell neighborhood (Credit: creative commons user Towpilot) Knowledge is power in real estate, especially when brokerages and research firms are pointing toward a slowdown. Check out a roundup of the latest market analyses, compiled and explained by The Real Deal. Three Brickell City Centre Office Market Miami and Palm Beach…
Five big development projects are seeking approval in unincorporated Palm Beach County, including a major data processing center. All five items are set to go before county’s zoning commission on Thursday. They would need county commission approval afterwards. In the largest application, PBA Holdings wants to attract a 1.2 million-square-foot data and information processing center…
1. Midtown Walmart opponents aren’t giving up [Miami New Times]
2. Dolphins Stadium renovation might be over budget [The Next Miami]
3. Ritz-Carlton Bal Harbour to cut 89 jobs [SFBJ]
4. More older Americans becoming renters [Sun Sentinel]
— Sean Stewart-Muniz
Riviera Point Business Center in Doral A new EB-5 funded, Class A office condominium in Doral has opened at 92 percent sold. The Riviera Point Business Center Doral, a $9.5 million, 41,000-square-foot office center at 1500 Northwest 89th Court, marks the second EB-5 funded project for the Riviera Point Development Group in the region, of…
Ana G. Mendez University, a private school from Puerto Rico, won approval from the Miami Lakes Town Council on April 5 to build a new South Florida campus. The university would relocate its Miramar campus to a newly constructed 51,200-square-foot facility at 15201 N.W. 79th Court. The 8.5-acre site is owned by the Graham Cos.,…
Renderings of 1675 Alton Road The Miami Beach Design Review Board on Tuesday unanimously approved the design for a new commercial structure located on a 7,500-square-foot lot at 1675 Alton Road. Bay Supermarket, known for cut-rate groceries, and a cafeteria that reportedly sold the cheapest Cuban food on Miami Beach, previously occupied much of…
The company that aims to build a 19-story mixed-use project on Hollywood’s Young Circle wants to incorporate a hotel into the project. Block 40 LLC, managed by Charles R. Abele Jr., previously got approval for 229 apartments, 25,000 square feet of retail and 4,000 square feet of office for the 1.4-acre site. It’s at 1830…
Downtown Miami (Credit: Marc Averette) 1. Office property market posts strong first-quarter growth [Wall Street Journal]2. Related to break ground on affordable housing in Brickell later this year [The Next Miami]3. FPL plans expansion of command center in Palm Beach County [SFBJ]4. Accor buys Onefinestay to expand in luxury serviced-homes [Bloomberg]5. Hedge funds dominate Miami-Dade tax…
Plaza at the Lyric, All Aboard, Courtside Apartments and Island Living With construction for All Aboard Florida’s MiamiCentral project and Miami Worldcenter underway, the blighted neighborhood of Overtown is poised for a boom during the current real estate cycle. And as gentrification begins to take hold in the area, officials with Miami’s Southeast Overtown/Park West…