The Sagamore Hotel in Miami Beach was sold for $63 million, nearly one month after longtime owner Marty Taplin passed away. Taplin fell to his death from a Bal Harbor condo tower in March at age 77. Police were investigating it as a suicide. He was in legal battle with the hotel’s lenders since 2009…
Terranova Corp. has started its construction and renovation project on South Beach’s trendy Lincoln Road retail strip. Miller Construction Co. is the general contractor for the $11.8 million project at 801 Lincoln Road. About half of the building was demolished and a new, three-story shop will be built on the corner of Meridian Avenue. The…
The Gale Residences Fort Lauderdale Beach started construction on April 6, Newgard Development Group said. The Miami-based developer is building the 129-unit project at 2900 Riomar St., across the street from the Intracoastal Waterway and a block west of the beach. It’s across the street from the W Fort Lauderdale. The condo will rise next…
The Gale Residences Fort Lauderdale Beach started construction on April 6, Newgard Development Group said. The Miami-based developer is building the 129-unit project at 2900 Riomar St., across the street from the Intracoastal Waterway and a block west of the beach. It’s across the street from the W Fort Lauderdale. The condo will rise next…
Florida International University on Tuesday unveiled plans for a $150 million engineering complex, but before it can move forward it needs to resolve a land dispute with the neighboring Miami-Dade County Fair and Exposition. The state university wants to build a 225,000-square-foot engineering building just south of its main campus in West Miami. FIU President…
An aerial view of Miami Rising rents have made South Florida one of the country’s most expensive regions to find housing, and a new report shows that trend of unaffordability has grown even worse in recent months. On average, renters in South Florida could expect to pay as much as 43.8 percent of their annual…
Survitec Survival Products Inc. has moved from Medley to Miramar, expanding its South Florida footprint by 10,000 square feet. The marine survival products company has leased 26,763 square feet of industrial space at the 5 million-square-foot Miramar Park of Commerce complex, where the company will create equipment such as evacuation systems, life rafts and lifeboats…
An office building crafted by Oppenheim Architecutre + Design has been proposed near Aventura. Miami-Dade County officials received an application for the project on April 5 from 2655 Developers LLC. It wants to build a six-story office building at 2655 N.E. 186th Terrace, which is on the west side of the Florida East Coast Railroad…
Ocean Bank provided a $50 million construction loan for an apartment project in Boca Raton. The Miami-based bank awarded the mortgage to TR Danburg Boca Holdings, managed by Miami developers James D. Tate and Sergio Rok, who have frequently partnered on deals. They recently acquired 14.1 acres at the southeast corner of Congress Avenue and…