Posts in REAL ESTATE
70 Leases Have Already Been Signed At Midtown Five, Exceeding Developer Expectation || via THE NEXT MIAMI
70 Leases Have Already Been Signed At Midtown Five, Exceeding Developer Expectation || via THE NEXT MIAMI

Midtown 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.

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REAL ESTATENadia BouzidNews, Miami New Times, Midtwon
Venezuelan developers launch condo project in Wynwood: WYN 26 || via The Real Deal
Venezuelan developers launch condo project in Wynwood: WYN 26 || via The Real Deal

Two 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.

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PRE-CONSTRUCTION, REAL ESTATENadia BouzidNews, Pre-construction, developers, developments, Wynwood, Wyn 26
Thor files plans for post office site in Miami’s Design District || via The Real Deal
Thor files plans for post office site in Miami’s Design District || via The Real Deal

Now, 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.

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REAL ESTATENadia BouzidNews, Touzet Studio, Miami Design District, Commercial Realestate, RetailComment
Ransom Everglades expands with $35M purchase of Coconut Grove estate || via The Real Deal
Ransom Everglades expands with $35M purchase of Coconut Grove estate || via The Real Deal

Ransom 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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REAL ESTATENadia BouzidThe Real Deal, Coconut Grove, Ransom Everglades School, Nelson Gonzalez
A Historic Transformation: Miami's Former Women's Club and Library Building
A Historic Transformation: Miami's Former Women's Club and Library Building

Originally 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.

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REAL ESTATENadia Bouzidbiscayne bay, historic buildings, Women's Club, EdgewaterComment