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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: Tech entrepreneur proposes four-story private school in South Beach

February 27, 2023

A limited liability company headed by a tech entrepreneur aims to build a four-story private school in Miami Beach's South of Fifth neighborhood. The proposed plans for BaseCamp305, designed by Miami-based architecture for Arquitectonica, is scheduled to come before the Miami Beach Historic Preservation Board (HPB) on Mar. 14. If ultimately approved, it's slated to be built on a 13,000-square-foot parcel adjacent to the present BaseCamp305 school for pre-K through third grade students at 224 2nd St. The expanded school[...]

CLIENT NEWS: Clara Homes lands $26M construction loan for Bay Harbor Islands project

February 23, 2023

Clara Homes scored a $26 million construction loan for the first phase of a three-building luxury apartment development in Bay Harbor Islands. Records show Clara Homes secured the financing from Maxim Credit Group, an affiliate of New York-based Maxim Capital. Clara Bay Harbor will include three, six-story buildings with 150 apartments. It marks the developer’s first multifamily development in South Florida. Miami-based Clara Homes, led by founder and CEO James Curnin, paid a combined $32.2 million for the Bay Harbor Islands non-contiguous site[...]

CLIENT NEWS: Brightline Plans To Commence Orlando Operations In Q2

February 21, 2023

Brightline has just informed investors that it is close to beginning operating trains to Orlando. Commencement of operations to Orlando is now planned for the second quarter of 2023, the company told bondholders yesterday. The Orlando station is expected to be completed in March, with 100% system completion in Q2 2023, the company added. More than 90% of work on the Orlando extension is now complete, according to Brightline. Brightline now has all of the trainsets needed for Orlando service,[...]

CLIENT NEWS: Second 649-Foot Tower Approved By FAA At Brickell’s River District

February 21, 2023

The Federal Aviation Administration has issued height approval for a second tower at The River District in Brickell. The second tower is permitted to rise 642 feet above ground, or 650 feet above sea level – identical to an another tower already under construction in the district. The approval was issued on February 16. Construction on the second tower is expected to begin in early 2023. The River District is planned to include four towers and 4 million square feet[...]

CLIENT NEWS: First Glass Installed At Five Park, Set To Become Tallest South Beach Tower Ever

February 14, 2023

The first glass has now been installed at the Five Park tower in South Beach, photos by Ryan RC Rea show. Five Park will rise 48 stories, or 519 feet, at the entrance to South Beach. That is taller than any other building in South Beach. The building will include 280 residential units. Top off is planned in September 2023, according to real estate analyst Ana Bozovic, who visited the construction site this weekend. Terra Group and GFO Investments are the developers.[...]