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[...]
Read MoreMichael Stern’s JDS Development Group and Major Food Group are moving forward with their planned Brickell skyscraper. Condo sales of Major, a 259-unit tower planned for the site at 888 Brickell Avenue, are expected to begin this summer, with prices ranging from $1.6 million to $11 million, excluding penthouses, a spokesperson for JDS said. It will mark the first branded residential building for Major Food Group, a New York-based restaurant group that’s been expanding rapidly in South Florida. The 90-story, 1,049-foot-tall[...]
Read MoreCanopy Park in South Beach is now officially complete, and developers of the project have revealed new details behind the design and sustainability features built in. The 3-acre public park was built and donated to the city by TCH 500 Alton, LLC, in exchange for zoning increases that allowed a 48-story tower to be built next door (that tower, known as Five Park, is under construction with completion scheduled for 2024). TCH 500 Alton is a partnership between developers David[...]
Read MoreA developer assembled a North Miami Beach development site for $14.12 million, with plans to build a 28-story apartment project. In the bigger deal, NMBPlace LLC, managed by Victor F. Dante in North Miami Beach, sold the 1.59-acre site at 1959 N.E. 164th St. for $12.9 million to NMB Place Owner, in care of Baltimore, Maryland-based JSB Capital Group. The same entity paid $1.22 million to TFH Group, managed by Dante and Fena M. Brooks, for the 9,283-square-foot site at[...]
Read MoreA major project is expected to begin construction in Edgewater in 2023, developer Aimco told investors. The construction start date was revealed last week in the company’s first quarter financial results. Aimco has a 20% stake in the project, and will serve as the project’s development manager. The company said it contributed an eighth of an acre of land purchased for $1.7 million in January 2022 to the joint venture. The new project will serve as the gateway to Aimco’s[...]
Read MoreThe first elevated floor at Overtown’s giant Block 55 has been poured, according to contractor Coastal Construction. The pour required 400 cubic yards of concrete and was completed last week, Coastal said. Block 55 will include: 578 affordable apartments for seniors 250,000 square feet of retail space 1,050 parking spaces 1,400 square foot police substation Tenants will include Target (with a Starbucks and CVS inside), an Aldi grocery, Burlington department store, and Ross Dress for Less. Published on May 17,[...]
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