As the landmark, publicly owned Vizcaya Museum and Gardens starts work on an extensive, long-planned restoration and enhancement of the estate’s historic farm village, the initiative has lured a large gift from billionaire Ken Griffin — and a surprising proposition from the financier that’s sure to draw significant scrutiny. On Friday, Vizcaya’s leaders are set to unveil a revised, detailed master plan for a revamped farm village along with a $20 million donation to the project from Griffin, the founder[...]
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A construction permit for an apartment tower at Miami Worldcenter has been updated. The December 1 update is for the folio number and address. It now correctly lists the former Miami Arena site as the construction address. According to the permit, a 52-story tower is planned to be built, with: 893 multi-family (rental) units 17,188 square feet of retail Coastal Construction is listed as the contractor. As of this morning, the full construction plans haven’t been filed, so review is[...]
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European hotel chain CitizenM is expanding in Miami-Dade. The Netherlands-based hospitality company announced it is opening its third Miami hotel, this one in South Beach next year. Slated for a summer 2024 opening, the 168-room hotel is setting up shop in Miami Beach at 1212 Lincoln Road. CitizenM, which brands itself as an “affordable luxury” brand, is the hotel’s developer. Miami-based architecture firm Gensler is working on the designs established by citizenM’s go-to architecture agency, concrete Amsterdam, which is headquartered[...]
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The Gindi Family’s ASG Equities sold a retail building in the Miami Design District for $22 million. Alo Yoga, the property’s current tenant, acquired the nearly 5,000-square-foot single-story store at 101 Northeast 40th Street, according to records and Vizzda. The seller, an ASG affiliate, paid $10.5 million for the building in 2013. ASG is a New York-based real estate investment firm led by CEO Raymond Gindi. The Gindisfounded Century 21 Department Stores, a New York chain that offered clothes, perfumes and[...]
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A developer has filed plans with Miami Beach’s Design Review Board to build a large new Whole Foods market in South Beach. In a letter, a representative of the developer wrote that the plans were very similar to plans approved by the same board in 2015. The approval expires 18 months after issuance if a building permit hasn’t been issued, according to a copy of the approval order. The Whole Foods is proposed to occupy the ground floor of a[...]
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National homebuilder D.R. Horton wants to change the land use of a property west of Florida City to build single-family homes. The Arlington, Texas-based homebuilder (NYSE: DHI) filed a pre-application with Miami-Dade County officials concerning the 22.5-acre site at the northeast corner of Southwest 197th Avenue and Southwest 328th Street. D.R. Horton has the vacant property under contract from Lenore Gaynor, Mia Lamm, Melodie Berdoll, and Andrea Seidel. The developer intends to file a comprehensive development master plan (CDMP) amended[...]
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