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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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[...]
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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[...]
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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[...]
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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[...]
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Ari Pearl’s PPG Development wants to build an apartment complex on the Nova Southeastern University campus in North Miami Beach, The Real Deal has learned. The plan is for a roughly 700-unit, market-rate complex with indoor and outdoor amenities on the 8.8-acre site at 1750 and 1775 Northeast 167th Street, Pearl told TRD. Matt Press of EquiShares and Isaac Khabie of ARK Ventures are project partners. The development would be built under existing zoning, which allows for three-story to eight-story[...]
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