When real estate investment firm Rivani announced in August it would bring Playboy’s global corporate headquarters to Miami Beach, the team knew the news would make a splash. But no one was quite ready for how much attention it would bring. “[The reaction] was crazy. It was insane,” said Robert Rivani, the namesake founder and president of the company formerly known as Black Lion. The news that Playboy had signed a 10-year lease for 20,000 square feet of penthouse space[...]
Read MoreMSC Group has announced its new home in Downtown Miami. According to a statement, the MSC Group’s $100 million investment in Miami-Dade will bring approximately 250 South Florida-based team members from MSC Cargo, MSC Cruises and Explora Journeys under one roof in a new state-of-the-art facility within Block 55 at Sawyer’s Walk. MSC Cargo has had a presence Miami-Dade for more than 25 years and now MSC Cruises is moving to establish the Cruise Division’s North American headquarters as part[...]
Read MoreThe Surfside commission gave Kushner Companies its blessing for a planned luxury apartment development that’s expected to include a synagogue. New York-based Kushner plans a nearly 90-unit residential project with a roughly 1,200-square-foot community or religious center on the 2.9-acre site at 9300 Collins Avenue. The commission voted 3 to 2 to pass a resolution approving Kushner’s site plan and a resolution for religious land use relief. The latter allows the developer to build underground parking to meet the National[...]
Read MoreA 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[...]
Read MoreA 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[...]
Read MoreThe 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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