CLIENT NEWS: Swerdlow proposes replacing Miami public housing complexes with 5,000-plus apartments with affordable, workforce units

March 12, 2025

Developer Michael Swerdlow wants to develop 5,730 multifamily units with some affordable and workforce apartments, replacing five public housing complexes across Miami. Coconut Grove-based Swerdlow Group’s project also will include 370,000 square feet of commercial space such as offices and a school; 250,000 square feet of open space and amenities and a new Tri-Rail passenger train station, according to Miami-Dade records. The project would replace the existing public housing complexes of Victory Homes at 520 Northwest 75th Street, Newberg at[...]

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CLIENT NEWS: CGI Merchant’s Coconut Grove Office Building Scored Four Tenants

October 25, 2023

CGI Merchant scored four office leases for nearly 13,000 square feet in Miami’s Coconut Grove neighborhood. Wrap Technologies, a global public safety tech and services firm based in Tempe, Arizona, took 4,500 square feet at 3480 Main Highway, according to a news release from the landlord’s broker. The other newly signed tenants were not disclosed and identified as two hedge funds and a private equity firm. Stephen Rutchik and Tyler de la Peña of Colliers represented CGI. Led by Raoul Thomas, CGI is[...]

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CLIENT NEWS: “It will be mayhem”: Miami board approves Brickell hotel despite concerns over parking, tiny dropoff area

October 25, 2023

A Miami board approved a 40-key boutique hotel project in Brickell, despite raising concerns over the dearth of on-site parking, as well as the tiny valet pickup and dropoff area. The Miami Planning, Zoning and Appeals Board signed off on a proposal by Habitus Capital to build an eight-story hotel on a 0.1-acre site at 1511 Southwest Second Avenue. The board unanimously approved the project last Wednesday. A Miami board approved a 40-key boutique hotel project in Brickell, despite raising[...]

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CLIENT NEWS: Clara plans 152-unit apartment project on Austin Burke store site in Wynwood

October 23, 2023

Clara Homes wants to develop a 152-unit apartment building on the site of the Austin Burke menswear store in Wynwood. The Miami-based firm is under contract to purchase the 0.4-acre property at 2601 Northwest Sixth Avenue in Miami for $7.7 million, according to a Clara news release. In the sale-leaseback deal, the Austin Burke store could stay open for a year and a half after the deal closes. Records show the Austin Burke store’s owners, including Kenneth Sager, Barry Burke,[...]

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CLIENT NEWS: Miami Beach board approves condo building at Sagamore, Ritz-Carlton

October 12, 2023

A proposal to develop a luxury condo building at the Sagamore and Ritz-Carlton in South Beach is moving forward. The Lowensteins’ Lionstone Development, the Kanavos family’s Flag Luxury Group and the Ben-Josefs’ Ben-Josef Group plan the 30-unit, 15-story building behind the existing Sagamore Hotel South Beach and cantilevered over the existing Ritz-Carlton, South Beach cabana building, at 1617 Collins Avenue and 1 Lincoln Road, respectively. The Miami Beach Historic Preservation Board’s vote for a certificate of appropriateness on Tuesday, a continuation from a[...]

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CLIENT NEWS: Lincoln Road shopping mall slated for upgrades. But there’s a big caveat

October 11, 2023

Miami Beach’s iconic Lincoln Road outdoor mall finally should get much-needed renovations, although some area residents are unhappy they will come with a new nearby condo building. Designed by architect Morris Lapidus — the same visionary behind the Fontainebleau Miami Beach — Lincoln Road today looks nearly the same as it did since its last major makeover in 1960. The mall starts on Alton Road and runs for six blocks east before hitting the beachfront and the adjacent Ritz-Carlton South[...]

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