The Related Group recently completed construction of Smathers Plaza II, an affordable housing project for residents aged 62 and up. The 133-unit building rises five stories at 1025 S.W. 30th Ave. in Miami. It has 92 public housing units and 51 affordable units. The Miami-based company built it on land leased from Miami-Dade County for $24.1…
The Miller family behind m2e Client, homebuilder Lennar Corp. has listed one of their homes on Star Island in Miami Beach for $49 million. The Coldwell Banker team of the Jills, Jill Eber and Jill Hertzberg, are representing the Miller family in the listing of 23 Star Island Drive. The home was previously owned by the late Leonard…
m2e client Marquis Condo, Miami’s most expensive rental in the Brickell/Downtown area is this spectacular duplex $25,000 a month. Unit 3106 offers four bedrooms, four bathrooms, and 3,776 square feet of living space. On the second floor lives the master bedroom and study, with a glass wall separating this space from the main living area down…
Global developer Hines announced plans to build a 600,000-square-foot office tower at Miami Worldcenter, the 27-acre mixed-use project under development on the north side of downtown. The 45-story tower would be the largest office tower completed in Miami’s Central Business District since 2010. It would be called 110 10th, after its location at 110 N.E….
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Strong fundamentals drove an eighth consecutive year of multifamily expansion in South Florida. That’s the big takeaway from Cushman & Wakefield’s 1Q South Florida Multifamily Market Update. “2016 was a funny year in the South Florida multifamily market,” CushWake’s South Florida Institutional Multifamily Team executive vice president Calum Weaver tells GlobeSt.com, noting that the transaction…
The W Fort Lauderdale is adding a new ballroom and an oceanfront restaurant from celebrity chef Stephen Starr as part of its $55 million revamp. The latest upgrades are expected to be completed by fall 2017. “The newly reimagined W Fort Lauderdale is the latest example of how we are reinvigorating our North American portfolio along…
When Terremark Worldwide Inc., founded by Miami tech pioneer Manny Medina, was sold to Verizon in 2011 for $1.4 billion, the move was part of a vertical integration trend among telecommunications companies acquiring data centers. Now the trend has reversed, and Medina Capital, a Miami-based private equity firm led by Medina, has seized on a different group…
Progress is mounting in Miami’s Paraiso District, with Paraiso Bayviews recently topping off at 43 stories in the booming Edgewater neighborhood. It’s the second of Paraiso’s four towers to complete vertical construction after Paraiso Bay topped off last summer, with the latter expected to be completed in the coming months. The 54-story Gran Paraiso was…
Stiles Corp. wants to build a 418,955-square-foot retail center with national tenants just west of the Dolphin Mall in Miami-Dade County. The site plan for the Shops at Beacon Lakes was submitted to county officials as a pre-application on April 25. That allows the developer to discuss the project with county staff in preparation to…
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