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CLIENT NEWS: Celebrity-favorite restaurant from Dubai coming to Miami Beach

December 11, 2024

Gaia, a globally renowned Greek-Mediterranean dining destination from Dubai, is set to debut its first U.S. location in Miami Beach’s South of Fifth community come summer 2025. Conceptualized by British-Nigerian Chef Izu Ani and hospitality entrepreneur Evgeny Kuzin, the restaurant is a flagship of Fundamental Hospitality, with existing locations in Dubai, London, Qatar, Monte-Carlo and Marbella. The upscale eatery, which is named after the Greek goddess of the earth, will open on the ground floor of the Marea Condominium, 801[...]

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CLIENT NEWS: Miami’s latest lavish skyscraper will be courtesy of Dolce&Gabbana

September 11, 2023

In Miami, a city where most of the coastal metropolis’s skyline shimmers in silver or reflects blue skies and water through glass, a fashionable newcomer will be outfitted in black and ivory, and topped with an elaborate gold crown. Like the boning on a luxe corset, matte black steel beams will form its 90-story structure, topping out at 1,049 feet tall. Reaching the maximum allowable height set for the city by the Federal Aviation Admission, the skyscraper will tie for[...]

CLIENT NEWS: Altman proposes 373-unit apartment complex near North Miami

September 7, 2023

Altman Companies wants to build a 373-unit multifamily complex near North Miami. The Fort Lauderdale-based firm has the 3.4-acre development site at 11240 Biscayne Boulevard in unincorporated Miami-Dade County under contract for an undisclosed price, according to an application Altman submitted to the county last week. The complex would rise 11 stories along Biscayne Boulevard and taper down to eight stories on the rest of the lot. Designed by CFE Architects, the development would include the required 12.5 percent of[...]

INDUSTRY NEWS: Miami Among The Top Cities For New Apartment Construction In 2023

September 7, 2023

Miami is projected to be one of the top U.S. cities for new apartment completions in 2023, according to a new analysis by RentCafe. Overall, the Miami metro area is expected to complete construction of 20,906 new apartments this year, the fourth most of any metro in the U.S. The City of Miami alone is expected to add 9,362 apartments – the most of any city in the metro area by far, and one of the highest of any city in[...]

CLIENT NEWS: Kushner picks up distressed Surfside site from Boymelgreen, lender

September 7, 2023

Kushner Companies paid $40 million for a distressed development site in Surfside, sources told The Real Deal. New York-based Kushner worked with the seller, Shaya Boymelgreen, and the lender, Fuse Group, to assume the debt and buy the property at 9300 Collins Avenue. The deal closed on Tuesday afternoon, the sources said. Kushner, led by Charles Kushner, his daughter Nicole Kushner Meyer and Laurent Morali, plans a luxury rental development. The vacant property is zoned for about 100 units with a maximum building[...]

CLIENT NEWS: Mount Sinai Buys Miami Development Site for $32M

September 7, 2023

Looks like a new Mount Sinai Medical Center will be erected in Miami. The nonprofit hospital chain paid $32 million for a developable site near Miami International Airport, property records show. The 5.6-acre parcel, which now functions as a surface parking lot for the Carlux Miami dealership, is between 8200 and 8250 SW Eighth Street, adjacent to Southwest 82nd Avenue in Westchester, Fla. It’s zoned under limited business use, meant for retail and service convenience facilities that satisfy the essential and frequent needs of a residential neighborhood. “As South[...]