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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: Chetrit nabs $83M construction loan for Collins Park project

December 6, 2022

Chetrit Group got a financial boost for its Collins Park Hotel project, nabbing a $82.5 million construction loan. Kawa, a Hallandale Beach-based international asset manager, provided the financing, according to a spokesperson for Henry Bodek of New York-based Galaxy Capital, which brokered the loan. The new mortgage replaces a $62.5 million construction loan provided by Maxim Capital last year. Chetrit, led by founder Joseph Chetrit, is redeveloping six Postwar modern and Art Deco properties into a 271-room hotel complex spanning 172,000 square feet[...]

CLIENT NEWS: Brightline effect: Karsenti plans rentals next to Aventura stop

December 2, 2022

Arnaud Karsenti’s 13th Floor Investments wants a piece of the booming real estate market around the Brightline Aventura Station. The Coconut Grove-based firm is the prospective buyer of 2.4 acres of land just south of the soon-to-open train stop where the firm envisions a 350-unit apartment building, according to an application filed to Miami-Dade County late last month. The site at 19680-19770 West Dixie Highway is separated by the Forum Aventura office condominium from the Brightline station. The Corwil Architects-designed[...]

CLIENT NEWS: Fries with that? Developers propose rental towers at Shorty’s BBQ site

November 28, 2022

Developers are proposing a high-rise complex on the site of Kendall’s beloved Shorty’s BBQ. But not to worry, the restaurant serving slow-smoked meats for decades will remain in place for at least a couple of more years. Almost a year after purchasing the site, Atlantic I Pacific Companies and Florida Value Partners filed plans for a pair of apartment towers for the Shorty’s property and the body shop across the street at 9200 and 9180 South Dixie Highway, according to[...]

CLIENT NEWS: In Lincoln Road Revamp, Two Blocks May Ban Cars

November 21, 2022

A Miami Beach neighborhood renewal plan for the corridor of Lincoln Road aims to revive the Fisher-Lapidus dream of connecting the city’s two great garden ways that are in less-than-optimal conditions. The plan, sponsored by Commissioner Alex Fernandez, would revitalize the 200 and 300 blocks of Lincoln Road, with vehicle closures for pedestrianization, and limit vehicular access on the 100 block. Representatives of the Ritz-Carlton South Beach Hotel, located at 1 Lincoln Road, are seeking an agreement with the city[...]

CLIENT NEWS: Revamped Plan Seeks Office/Garage Complex on Collins site

November 21, 2022

With modifications to its original unsolicited proposal, Location Ventures continues to push the City of Miami Beach to move forward its plans to build a mixed-use office and parking garage building on Collins Avenue. The unsolicited proposal to develop parking lot P16 at 1262 Collins Avenue that it submitted to the city in 2021 has been revised, and Location Ventures LLC submitted a new proposal in October. The new proposal consists of a mixed-use project that would transform the 50-space[...]