Major Food Group and Boucher Brothers are pressing ahead with plans to redevelop a Miami Beach entertainment venue on city-owned land even as the current operator is still fighting to hold onto its ground lease. The joint venture will go before the Miami Beach Design Review Board Thursday, seeking the green light for a complete reconstruction of Nikki Beach, a waterfront restaurant and club at 1 Ocean Drive. Three years ago, the Miami Beach City Commission awarded a new concessions[...]
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A company tied to developer Marlon Gomez just scored a $24 million construction loan to build an apartment complex in the Fontainebleau area of Miami. Fontaineparc, a company led by Gomez Development Group’s Gomez will use the loan to build a 133-unit building at 275 Fontainebleau Boulevard in western Miami-Dade County, records show. Miami-based BridgeInvest is the lender. BridgeInvest partner Ian Glaser said construction is set to begin soon for the seven-story building. The property totals 2.2 acres and will be built[...]
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The Business Journal’s Crane Watch, an interactive map of development, has been expanded to Miami Beach. The map has 52 projects in Miami Beach that are either under construction or proposed. Click on each point on the map for information about the specific project, including a link to recent Business Journal coverage. The project total includes 17 multifamily, 14 hotels, nine retail, and nine mixed-use. They combine for 1,693 hotel rooms, 695,605 square feet of retail, a net increase of[...]
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Even locals will want to check out this new hostel. Don’t miss. A pair of cozy Mid-Century Modern rockers sits on the terrazzo floor. A pair of black leather chairs flanks an op-art image of bikini-clad bodies. Curvy banquettes invite convivial conversation. With its billiards table, leather couches and outdoor mural by South African artist Chris Auret, this could be any smartly renovated Miami Beach hotel. But with beds in quad rooms starting at $25 a night, Generator — recently opened in Miami[...]
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The Latin Builders Association (LBA), the largest Hispanic construction association in the U.S. awarded “Law Firm of the Year” to Bercow Radell Fernandez & Larkin during its 38th Annual LBA Awards Ceremony, September 28, at the Miami Hilton Downtown. Receiving the award are (from left to right): Maritza Haro Salgado, LBA President Eric Montes de Oca, Jeffrey Bercow, Mickey Marrero, Melissa Tapanes Llahues, Adrian Carrillo, Bobby Behar, Carli Koshal, and LBA Executive Director Rafael Cabrera.
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Swerdlow Group has secured approval for a $130.5 million retail and apartment project in Overtown, on the north side of downtown Miami. The deal could bring national retailers, a fitness center and an entertainment venue to the area. On Sept. 24, the city’s Southeast Overtown Park West Community Redevelopment Agency (CRA) unanimously approved the development agreement with Downtown Retail Associates, an affiliate of Swerdlow Group, led by veteran developer Michael Swerdlow. This was part of a request for proposals (RFP) the[...]
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