This was the second time Deco Capital Group had proposed a height increase for eight lots it acquired in 2014 for $14 million. New York-based RWN Real Estate Partners, backed by billionaire Marc Rowan, is a majority partner in the venture. The planned building would have had 15 luxury condos on top of premium retail, overlooking Maurice Gibb Park.
Read MoreOrlando-based developer Zom selected architecture and design firm Stantec to do the interior design of Met Square, the fourth and final phase Metropolitan Miami, a mixed-use residential development in downtown Miami.
Met Square, expected to open next year, will have 391 residences, a spa, club lounge, pool deck, four restaurants and an 18-screen multiplex theater with seating for 1,778.
“Tribal Chic” is the interior design concept for Met Square, an homage to the Tequesta Indians, the earliest residents of Miami.
Read MoreMidtown Five opened on January 1 after receiving a Temporary Certificate of Occupancy, and demand for apartments there is proving to be strong.
There are already 70 signed leases in the 400-unit apartment building, a developer spokesperson told TNM. Those numbers place the building ahead of the developer’s schedule for leasing, and are exceeding the typical pace for a building of this size, they say.
About three dozen tenants are now living in the building, just days after the TCO was issued.
Read MoreFashion Designer Calvin Klein Miami Beach Home is still for Sale
It is located on North Bay Rd. A private waterfront sanctuary with a pool and dock overlooking 113 feet of open bay views.
Read MoreLandlords and real estate brokers planning to rake in rent money from pot dispensaries, in the wake of Florida voters approving medical marijuana by 71 percent, will have to wait a little longer in Miami Beach.
Read MoreTwo Venezuelan investment groups have teamed up to launch a new condo project in Wynwood, as the artsy Miami neighborhood continues to attract more residential development.
WYN 26, a 15-unit building with ground floor retail space at 50 and 58 Northwest 26th Street will mark the first development in the United States for the Alvarez Group and the Palmar Group, Enrique Alvarez, a director of the joint entity told The Real Deal. The families, involved in the construction industry, have co-developed and built low-income housing in Venezuela and Panama for 12 years.
Read MoreA major owner in Wynwood sold a retail building to Moishe Mana for $16.42 million.
Lombardi Properties sold the 18,764-square-foot building at 350 Northwest 24th Street and 301 and 311 Northwest 23rd Street in Wynwood, Daniel Lombardi told The Real Deal. The deal closed on Friday.
Read MoreDESIGNED BY OMA AND REM KOOLHAAS, THE STRIKING TOWERS
OF PARK GROVE SET A NEW ARCHITECTURAL STANDARD
IN THE QUIET SEASIDE ENCLAVE OF COCONUT GROVE.
Offering 1, 2, and 3 bedroom layouts; Prices go from $1,650 to $2,350 for a three-bedroom unit. However they say you have to go on a waitlist for now. Melody has been a success.
Read MoreNow, Thor plans a 57,961-square-foot building designed by Touzet Studio, plans filed with the city of Miami on Friday reveal. The building will have a ground floor, second floor and third-floor rooftop deck. It will have space for six retail tenants, plus 26 parking spaces. The number of retail tenants could end up being more or less, depending on retail demand, a source familiar with the plans told The Real Deal.
Read MoreRansom Everglades School paid $34.6 million for a historic Coconut Grove estate that will expand the private school’s campus, listing agent Nelson Gonzalez told The Real Deal.
Ransom announced the deal last Thursday, but declined to provide a closing price. La Brisa, a 6.9-acre property that was once the most expensive residential listing in Miami-Dade, was last listed for $39.5 million.
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Read MoreOriginally founded as the Married Ladies' Afternoon Club in 1900, the Miami Women's Club evolved into a prominent social and cultural institution. Notably, the club played a pivotal role in establishing Miami's public library system. The building itself showcases a distinctive U-shaped Mediterranean Revival style, offering picturesque views of Biscayne Bay.
Read MoreSo consider this; You are thinking about dropping 1.5 million in a condo in Miami. High-Rise, Bay views, top amenities, the works… Sounds ideal right? What could go wrong?
Read MoreThe property was last sold for $900,000 in 1996. (Talk about a nice profit)
Read MorePanorama Tower Brickell Rentals || Construction Update
Read MoreAria On the Bay Update|| Via Curved|| Nadia Bouzid
Read MoreStephen Owens, the long-serving president of Swire Properties, revealed his retirement plans, set to take effect in January 2017. A pivotal figure within the U.S. real estate subsidiary of Hong Kong-based Swire Pacific, Owens has dedicated an impressive 31 years to Swire Properties.
Read MoreMIAMI REAL ESTATE| BULEVARD 57| NADIA BOUZID
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