A busy shopping center off Kendall Drive will soon feature a Tesla showroom and service center on the site of a former toy store. The new car complex will join other Tesla showrooms at South Florida malls, including Aventura, Dadeland and Brickell City Centre. Palms at Town & Country, off Southwest 117th Avenue, is getting the Tesla showroom and service center in late 2026 after years of discussion. Kimco Realty, which owns and runs Palms, announced Thursday it has signed[...]
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D.R. Horton proposed a 108-townhome complex in Florida City, as it rushes to build in south Miami-Dade County. Texas-based D.R. Horton slated the project for a 7.2-acre site at 530 Southwest Third Avenue, 354 Southwest Seventh Street and two adjacent lots, according to the developer’s application filed to Miami-Dade County late last month. The homebuilder is under contract to purchase the four-lot property at an undisclosed price, the application says. The Torcise family, longtime farmers in the Florida City area,[...]
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The Miami real estate landscape is welcoming a powerful new force. 2Future, a visionary family office known for backing companies “crafting solutions to humanity’s biggest challenges,” has broken ground on its first major Miami Beach commercial project: the five-story 1333 Dade. Operating under its dedicated real estate platform, QriarCity, the firm is translating its forward-thinking ethos into the built world, promising an office building that defies convention. The start of construction on Dade Boulevard signals a commitment to a new[...]
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Commercial real estate investor Robert Rivani paid $23 million for a waterfront Miami Beach mansion, The Real Deal has learned. Rivani, who leads his Miami-based firm Rivani, formerly called Black Lion, plans to spend millions of dollars to renovate the 9,200-square-foot mansion at 16 Palm Avenue, according to sources. Rivani lives in Miami’s Morningside and purchased the home as an investment. The seller is Tom Sullivan, the founder and CEO of Lawrenceburg, Tennessee-based Lumber Liquidators, records show. Sullivan inked the[...]
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Michael Comras is planning a major renovation of a Lincoln Road portfolio his namesake firm acquired for $140 million. Comras declined to confirm the purchase price, which was provided to The Real Deal by a source familiar with the transaction. Miami Beach-based Comras Company bought 11 storefronts at 600, 719–737, 741, 801–821 Lincoln Road and 723 North Lincoln Lane, a press release states. The firm financed the purchase with a $117 million loan from San Francisco-based Acore Capital. The seller,[...]
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Butters Construction & Development has a Hialeah Gardens property that was platted for homes under contract, as it seeks approval for a business park. The City Council will consider the small-scale land use plan for the 24.88-acre property at the northeast corner of West Okeechobee Road and Northwest 92nd Avenue on the evening of Nov. 18. Coconut Creek-based Butters has the vacant land under contract from Hialeah-based F68 4 & F69 2 LLC, managed by Lowell S. Dunn II. The[...]
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