A developer scaled back his plan for a 500-unit project with mostly apartments near Naranja to a 245 townhome complex, citing higher demand for larger homes. Attorney Gus Deribeaux, through two entities, wants to develop the townhomes on a 17.3-acre mostly vacant site on the southwest corner of Old Dixie Highway and Southwest 280th Street in unincorporated Miami-Dade County, according to an application filed to the county late last month. The site consists of the vacant lots at 28030 and[...]
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A 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[...]
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A 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[...]
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The 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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You’ll probably never be able to swing, shoot or putt like Rory McIlroy, but you can give it the old college try next month at one of his favorite bars. It’s called Puttery, and it’s set to open next month in the Wynwood area. McIlroy and his Symphony Ventures team invested about $10 million in this so-called eatertainment concept, with locations already in Dallas, Washington, D.C., and Chicago. The 34-year-old Irishman, who helped with the design and selected all the[...]
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A 37-story building in Miami may be converted into a new hotel and residence if a proposed plan is approved by city officials. One Broadway, a former condominium and short-term accommodation building located at 1451 S. Miami Ave in Brickell, could get a makeover that modernizes the mixed-use property, according to a letter of intent sent to City of Miami Planning & Zoning Departments in late November. The project will be discussed Dec. 20 during an Urban Development Review Board[...]
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