CLIENT NEWS: Developer proposes multifamily, hotel tower in Edgewater

March 25, 2024

An affiliate of Urbanica Hotels has proposed a 35-story, mixed-use tower in the Edgewater neighborhood of Miami. The city’s Urban Development Review Board considered plans for the 0.93-acre site at 3200 N.E. Biscayne Blvd., 237 and 229 N.E. 32nd St., and 246 and 230 N.E. 33rd St. on March 20. The property is owned by Miami-based Green Circle Development LLC, which is led by executives at Urbanica Hotels. The site currently has three older apartment buildings with a combined 22[...]

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CLIENT NEWS: New York hospitality group pushes opening date for Catch Miami Beach

January 3, 2024

A fine dining restaurant that was originally slated to open in Miami Beach this fall will likely get its debut next year. New York-based Catch Hospitality Group updated its website to notify customers that the company’s seafood restaurant Catch is coming in 2024. When ready, Catch Miami Beach will open in the city’s affluent South of Fifth neighborhood at 200 South Pointe Drive. According to the plans revealed in late 2022, the two-floor restaurant will occupy 22,000 square feet and[...]

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CLIENT NEWS: Bizzi+Bilgili, partners score $47M construction loan for office building in Miami Beach’s South of Fifth

January 3, 2024

A pair of development firms scored a $47.3 million construction loan for a five-story office building in Miami Beach’s South of Fifth neighborhood. Bizzi+Bilgili — a partnership between Bizzi & Partners and Turkish investor Serdar Bilgili — and Sumaida + Khurana are developing The Fifth Miami Beach. Former Google CEO Eric Schmidt is a partner in the project. The 60,200-square-foot building, which will include retail and restaurant space, will be at 944 Fifth Street and 411 Michigan Avenue. The Miami[...]

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CLIENT NEWS: New owners start $85M renovation of historic South Beach hotel

January 3, 2024

The new owners of Shelborne South Beach are embarking on major renovations at the historic Art Deco-style hotel. Westdale Properties, a Toronto-based real estate developer; King Street Capital Management, a New York-based global investment management company; and Cedar Capital Partners, a London-based real estate investment firm, are putting $85 million into the renovation project, the companies announced in a joint press release. Located 1801 Collins Avenue in Miami Beach, the 82-year-old hotel will have its guest rooms, restaurants, lobby, pool[...]

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CLIENT NEWS: Wynwood is getting a huge adults-only, ‘eatertainment’ venue — and there’s mini golf

January 3, 2024

You’ll probably never be able to swing, shoot or putt like Rory McIlroy, but you can give it the old college try next month at one of his favorite bars. It’s called Puttery, and it’s set to open next month in the Wynwood area. McIlroy and his Symphony Ventures team invested about $10 million in this so-called eatertainment concept, with locations already in Dallas, Washington, D.C., and Chicago. The 34-year-old Irishman, who helped with the design and selected all the[...]

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CLIENT NEWS: Owner of 37-story Brickell tower proposes new hotel and residence

December 26, 2023

A 37-story building in Miami may be converted into a new hotel and residence if a proposed plan is approved by city officials. One Broadway, a former condominium and short-term accommodation building located at 1451 S. Miami Ave in Brickell, could get a makeover that modernizes the mixed-use property, according to a letter of intent sent to City of Miami Planning & Zoning Departments in late November. The project will be discussed Dec. 20 during an Urban Development Review Board[...]

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