Developer Michael Swerdlow wants to develop 5,730 multifamily units with some affordable and workforce apartments, replacing five public housing complexes across Miami. Coconut Grove-based Swerdlow Group’s project also will include 370,000 square feet of commercial space such as offices and a school; 250,000 square feet of open space and amenities and a new Tri-Rail passenger train station, according to Miami-Dade records. The project would replace the existing public housing complexes of Victory Homes at 520 Northwest 75th Street, Newberg at[...]
Read MoreKendall area favorite Norman Brothers Produce sold its last cranberry tuna salad, high-end meats and locally grown vegetables about a week ago. Now its decade-long home also will disappear. The grocer, which closed on Aug. 8, sold its site to a developer who will build an assisted-living facility. GCNB, led by developer Michael Garcia-Carrillo, bought the property at 7621 Southwest 87th Avenue for $10.7 million, records show. The buyer took out a $10 million mortgage on the property from TFFO[...]
Read MoreBrickell’s Southside Park is set to be rebuilt with a design by the firm that oversaw New York’s High Line. The park will also be connected to The Underline’s Brickell Backyard as part of the rebuild. James Corner Field Operations of New York is the architect of the redesigned park, and also designed The Underline and The High Line. The plans for Southside Park include: An enclosed dog run with dedicated areas for small and large dogs seating areas water[...]
Read MoreTech entrepreneur Paul Bloch paid $7.1 million for a waterfront lot in Miami Beach where he’s planning to build a new mansion. A family trust led by Bloch, co-founder of Chatsworth, California-based data storage company DataDirect Networks, purchased the 0.7-acre property at 420 West 51st Street. The seller is Amber LLC, managed by Oceanfirst Realty principal Eddy Chabli. Chabli purchased what was then a larger lot in 2001 and split it in half. It fronts the Flamingo Waterway that connects[...]
Read MoreRenaissance Properties NY sold the Aventura Corporate Center for $140 million to a New York-based investment group that plans to build an addition, The Real Deal has learned. New York-based Renaissance, led by Kenneth, Bradley and Robert Fishel, sold the three Class A office buildings and garages at 20801, 20803 and 20807 Biscayne Boulevard to Aventura Opportunity Owner LLC. The buyer, a Delaware entity, lists a New York address. The sale marks one of the largest in Aventura in recent[...]
Read MoreHospitality mogul David Grutman and rapper and entrepreneur Pharrell Williams could use some good vibes for their Goodtime Hotel. The hotel, which opened at 601 Washington Avenue in April, is at risk of losing parts of its conditional use permit following nearly 30 noise violations. The Miami Beach Planning Board will hold a hearing over revoking the entertainment permit for its rooftop pool deck on Sept. 28. The motion to hold a revocation hearing was approved at Tuesday’s planning board[...]
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