Braman Motors, led by billionaire Norman Braman, has filed plans for its property in Miami to facilitate both expansion of the dealership and potential residential development. The city’s Urban Development Review Board will consider the special area plan (SAP) from Braman Motors for its property at 2060 Biscayne Blvd., 1930 N.E. 2nd Ave.; 160 N.E. 20th St.; 64, 106, 120, and 146 N.E. 20th St.; and 135 N.E. 19th Terrace on April 16. The SAP would need approval from the[...]
Read MoreBrookstone Partners, an affiliate of The Cornerstone Group, paid $15 million for a Little Havana development site approved for a mixed-use project. Brookstone, led by Cornerstone principals Leon Wolfe and Jorge Lopez, acquired the 2.4-acre assemblage at 805 to 861 West Flagler Street and 826 to 860 Northwest First Street, according to records and Vizzda. The deal includes two signed leases with Aldi and Ross Dress For Less to anchor the retail component of the proposed development, which was previously[...]
Read MoreA small new section of Baywalk has just opened in Brickell. Politicians celebrated completion of the new stretch in a ceremony yesterday. The new stretch of Baywalk is behind the First Presbyterian Church property, where an “iconic” 80-story tower is in planning. The project includes 250 feet of new seawall. The seawall has been raised to a height of six feet, which is the new standard of the Miami 21 zoning code, according to commissioner Manolo Reyes. Eventually, the new section[...]
Read MoreMG Developer and Baron Property Group are ramping up work on their $600 million Metro Center project in Hialeah, with plans to start construction on a pair of rental buildings next year. Coral Gables-based MG and New York-based Baron are developing Metro Center on nearly 9 acres between East 26th and East 25th streets, and between East Ninth and 10th avenues, as well as several surrounding lots, according to an MG news release and property records. The 2.3 million-square-foot project[...]
Read MoreConstruction has reached the top floor on a $350 million high-rise residential, retail and office complex in Overtown that will bring 578 much-needed apartments for senior citizens and 1,100 jobs. Block 55 at Sawyer’s Walk, which is being developed by Swerdlow Group and built by Coastal Construction Group, is situated near a major public transit hub and Interstate 95. The transit access is crucial for the development intended for seniors with lower incomes seeking affordable housing . The 18-story building will feature a variety[...]
Read MoreSeveral big name developers scored design approvals for major projects in Brickell, Overtown and Wynwood. On Wednesday, the Miami Urban Design Review Board handed out unanimous yes votes to a proposed office tower at Brickell City Centre by Swire Properties and New York-based The Related Companies; a three-building apartment complex planned by New York-based Witkoff and Chicago-based Monroe Capital; and a St. Regis-branded condominium by Related Group and Integra Investments, both based in Miami. The board also approved designs for two Wynwood[...]
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