December 11, 2025 — The Builders Association of South Florida (BASF) hosted its annual Holiday and Awards Celebration this evening, bringing together industry leaders, elected officials, public-sector partners, and BASF members to honor another exceptional year of collaboration, advocacy, and community impact. The event was led by Master of Ceremonies Jose Felix Diaz, who opened the celebration by recognizing BASF’s commitment to its core mission: ensuring a streamlined permit process, advancing legislative advocacy, and strengthening partnerships across municipal, county, state,[...]
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The Standard Spa, a Miami Beach two-story hotel co-owned by billionaires Barry Sternlicht, Peter Thiel and Marcelo Claure, may undergo a $61 million redevelopment that introduces new residential units and cuts the number of hotel guest rooms. Documents detailing the planned project at 40 Island Ave. have been filed with the city’s Design Review Board. A meeting to discuss potential design approval is set for Oct. 1. The Standard Spa was purchased by Starwood Capital Group Chairman Sternlicht in 2021.[...]
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A group of investors led by billionaire Barry Sternlicht is proposing a luxury overhaul and redevelopment of the waterfront Standard hotel in Miami Beach. Starchitect Bjarke Ingels of BIG is designing the project, which is planned for the 100-plus-key hotel at 40 Island Avenue and adjacent properties at 1 and 2 Farrey Lane. Kobi Karp Architecture & Interior Design is the architect of record. The proposal calls for redeveloping the east wing of the hotel into a five-story mixed-use building[...]
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Despite opposition from nearby residents, Miami's Planning, Zoning and Appeals Board backed zoning changes that will enable a developer to build more than 300 apartments near Legion Park. Less than an hour before midnight, PZAB members voted 5-2 to recommend that 2.58 acres of land at 615 N.E. 64th Terrace be rezoned from T5-R medium density multifamily residential to T6-8L restricted commercial. That would increase the maximum density to 150 units an acre from 65 units an acre. The zoning[...]
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They add skyscrapers to Miami’s skyline and bring new single-family home communities into existence in southwest Miami-Dade. But they’re not the developers. No, they’re the developers’ hired guns: the lobbyists, land use lawyers and consultants who get projects off the ground and across the finish line. They know the ins and outs of municipal and county government and have tight-knit relationships with politicians and bureaucrats. They’ve mastered the art of cutting through red tape and diffusing controversies. Miami’s developers can’t[...]
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Panattoni Development jumped into the Doral office submarket, picking up a two-story building that previously housed the headquarters for Miami Herald and El Nuevo Herald. An affiliate of Irvine, California-based Panattoni, led by Carl Panattoni, acquired the 9-acre property at 3511 Northwest 91st Avenue, records and real estate database Vizzda show. The deal breaks down to roughly $189 a square foot for the 158,268-square-foot building completed in 1997. A Cushman & Wakefield team led by Wayne Ramonski and Mark Gilbert[...]
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