As the landmark, publicly owned Vizcaya Museum and Gardens starts work on an extensive, long-planned restoration and enhancement of the estate’s historic farm village, the initiative has lured a large gift from billionaire Ken Griffin — and a surprising proposition from the financier that’s sure to draw significant scrutiny. On Friday, Vizcaya’s leaders are set to unveil a revised, detailed master plan for a revamped farm village along with a $20 million donation to the project from Griffin, the founder[...]
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Clara Homes scored a $26 million construction loan for the first phase of a three-building luxury apartment development in Bay Harbor Islands. Records show Clara Homes secured the financing from Maxim Credit Group, an affiliate of New York-based Maxim Capital. Clara Bay Harbor will include three, six-story buildings with 150 apartments. It marks the developer’s first multifamily development in South Florida. Miami-based Clara Homes, led by founder and CEO James Curnin, paid a combined $32.2 million for the Bay Harbor Islands non-contiguous site[...]
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Brightline has just informed investors that it is close to beginning operating trains to Orlando. Commencement of operations to Orlando is now planned for the second quarter of 2023, the company told bondholders yesterday. The Orlando station is expected to be completed in March, with 100% system completion in Q2 2023, the company added. More than 90% of work on the Orlando extension is now complete, according to Brightline. Brightline now has all of the trainsets needed for Orlando service,[...]
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The Federal Aviation Administration has issued height approval for a second tower at The River District in Brickell. The second tower is permitted to rise 642 feet above ground, or 650 feet above sea level – identical to an another tower already under construction in the district. The approval was issued on February 16. Construction on the second tower is expected to begin in early 2023. The River District is planned to include four towers and 4 million square feet[...]
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The first glass has now been installed at the Five Park tower in South Beach, photos by Ryan RC Rea show. Five Park will rise 48 stories, or 519 feet, at the entrance to South Beach. That is taller than any other building in South Beach. The building will include 280 residential units. Top off is planned in September 2023, according to real estate analyst Ana Bozovic, who visited the construction site this weekend. Terra Group and GFO Investments are the developers.[...]
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Bercow Radell Fernandez Larkin & Tapanes is pleased to announce that Alejandro Moreno and Gray Crow have joined the firm as Associates. Alejandro focuses his practice on land use, zoning and environmental law, and specializes in litigation related to those substantive areas of the law. Before joining the firm, Alejandro served as an intern at the British House of Commons and the Florida House of Representatives. He also interned at the External Affairs Department for Governor Rick Scott and the[...]
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