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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: Canadian investors drop $22.5M on Bay Harbor Islands apartments

August 15, 2022

Canadian investors scooped up a pair of mid-rise apartment buildings in Bay Harbor Islands for $22.5 million. Entities tied to Toronto-based Westdale Properties bought the Rexleigh building at 9881 East Bay Harbor Drive and the Kingsley Arms building a few blocks south at 9291 East Bay Harbor Drive for $11.25 million apiece, according to deeds and state corporate records. The buying entities are led by Mitchell Cohen, as well as Roland and Ryan Kimel, director of operations at Westdale. Ownership[...]

CLIENT NEWS: Trammell Crow, Baptist scoop up Kendall Town Center dev sites

August 15, 2022

Planned multifamily and medical-use portions of the massive Kendall Town Center mixed-use project are coming closer to fruition after a pair of sales. Dallas-based Trammell Crow Residential scooped up its 20-acre development site for $29.4 million, according to records. Less than a week prior, Baptist Health paid $17.9 million for its 18-acre site. Both sites are on the larger Kendall Town Center, a 70-acre development between Southwest 88th and 91st streets and Southwest 162nd and 158th avenues in Miami-Dade’s West[...]

CLIENT NEWS: Urbanspace’s Iconic NYC Holiday Market Is Coming To Miami This Winter

August 10, 2022

Exciting things keep happening in Miami, and winter will be no exception. This year, just in time for the holidays, Urbanspace's iconic New York City holiday market is making its first national expansion in Lincoln Road District in Miami Beach. Not only is the Magic City a great winter destination, this new holiday market will continue cementing Miami's reputation as an avant-garde city that doesn't stay behind. The Urbanspace Lincoln Road Holiday Market will promote the development of the Lincoln Road District by[...]

CLIENT NEWS: Here are the resi projects planned for Bay Harbor Islands

August 8, 2022

Developers are zeroing in on Bay Harbor Islands, planning almost a dozen projects with nearly 400 condos and apartments. An analysis by The Real Deal found that developers have pumped nearly $150 million into land purchases in the waterfront town since May of last year. Here are some of the residential projects planned for Bay Harbor Islands: Ugo Colombo’s CMC Group and Morabito Properties, 1135 103rd Street Designed by Arquitectonica, Onda Residences will have more than 300 feet of bay[...]

CLIENT NEWS: Related, partner pay $51M for Aventura mixed-use dev site

July 29, 2022

Related Group and a partner scooped up an Aventura office property for $51 million, with plans to develop a mixed-use project on the site’s parking lot. Coconut Grove-based Related and Aventura-based BH Group bought the 4.5-acre property at 2999 Northeast 191th Street that includes the Aventura View office building, according to the buyers’ news release. The seller, an affiliate of Kendall-based Cofe Properties, had paid $38 million for the property in 2015, according to property records. The 10-story building was[...]