Miami
Eco-Friendly Live+Work Neighborhood in the Pipeline for Fort Lauderdale
An innovative residential project is taking shape in Fort Lauderdale’s Oakland Park area. Located at the corner of Prospect and Powerline Roads, 43 Urban Village offers an environmentally friendly, Live+Work lifestyle for future residents.
Miami Worldcenter Adds Macy’s and Bloomingdale’s Stores to New Mall
Miami Worldcenter Associates, The Forbes Company and Taubman Centers Inc. have recently announced an agreement for a Macy’s and a Bloomingdale’s store to anchor the new Mall at Miami Worldcenter.
Surfside Town Hall Offers EV Charging Point
Electric vehicle owners may never again run out of juice in Surfside as Car Charging Group, Inc. announced a new partnership with the Town of Surfside. The nationwide provider of EV charging services set up its charging station two blocks from the beach at 9293 Harding Avenue, behind the town’s Community Center.
Miami Entertainment Complex Prepares for Key Scene
Miami Entertainment Complex will be developed and operated by EUE/Screen Gems as on Nov. 20 the Miami Omni Community Redevelopment Agency’s board of directors voted unanimously to begin negotiations with the proposer. The Miami Omni CRA has been seeking proposals from qualified bidders to design, build, operate and manage a major film and television studio in Miami’s Media and Entertainment District since September.
Developers Join Forces to Revive Overtown
Overtown’s fortunes are on the rise regarding the hundreds of construction jobs and long-term jobs a twin-project next to Lyric Theater is expected to bring.
CGI Acquires 55 Miracle Mile with $22 Million Loan
CGI Merchant Group LLC recently acquired 55 Miracle Mile, a mixed-used project for $26.75 million. The 65,000-square-foot property located in Coral Gables was previously owned by CF Miracle Mile, LLC. The transaction was partially backed by a loan.
New Luxury Apartments Come to Bird Road in Coral Gables
Mill Creek will develop 262 Class A luxury apartment units in Miami. The complex, standing in with Mill’s Modera brand name and indicating its location on Bird Road – an important traffic corridor of the area – is to be called Modera Bird. Central location of the luxury homes in the Coral Gables/Merrick Park submarket will offer easy access to three major Class A office hubs, hospitals, universities, cultural centers, banking, dining, shopping, etc. Douglas Station Metrorail stop is also nearby as well as Miami-Dade County Transit System’s Metrobus and the Coral Gables free trolley system’s lines.
Parkland Senior Living Community Sold Under Pre-Recession Price
The Aston Gardens at Parkland Commons has been sold for $62.8 million. Boca Raton-based AG Parkland Senior Housing I, a branch of Kayne Anderson Real Estate Advisors bought the Class A facility from Discovery SAG Parkland Commons, affiliated with of Discovery Communities in Bonita Springs.
Holiday Inn Greenlit Despite Protests
Developer Hardial Sibia’s plan to build a four-story, 93-guest room Holiday Inn Express in Boynton Beach has been approved Tuesday after six years of opposition of senior citizens who reside at the nearby Palm Beach Leisureville, within a few blocks from the site.
Morgan Group, Invesco JV to Develop Multifamily Community in Dadeland Golden Triangle
Multifamily developer The Morgan Group and a client of Invesco Real Estate formed a joint venture to buy and develop a 3.1-acre site located at the heart of the Dadeland Golden Triangle near the nexus of U.S. 1, Kendall Drive, the Palmetto Expressway and Metrorail.