Michael Comras is planning a major renovation of a Lincoln Road portfolio his namesake firm acquired for $140 million. Comras declined to confirm the purchase price, which was provided to The Real Deal by a source familiar with the transaction. Miami Beach-based Comras Company bought 11 storefronts at 600, 719–737, 741, 801–821 Lincoln Road and 723 North Lincoln Lane, a press release states. The firm financed the purchase with a $117 million loan from San Francisco-based Acore Capital. The seller,[...]
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To build an 800-acre industrial complex on farmland near Biscayne Bay, Miami-Dade County first must loosen its rules on expanding development into areas endangered by coastal flooding. The policy shift is one of several rule changes requested by the developers behind the South Dade Logistics and Technology District, a commercial project that would go up on agricultural land south of the Florida Turnpike and north of Moody Drive at Southwest 268th Street. Currently tree farms and cropland, the rectangular area[...]
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Soil testing appears to now be underway at the former Miami Arena site, according to a tweet by Kyle Merville. The biggest residential project in downtown Miami’s history is now moving through the approval process for the property. Developer Witkoff Group submitted preliminary plans to Miami-Dade in January for a development on the site with: 2,351 residential units Up to 540,000 square feet of office space 49,999 square feet of retail space 2,457 parking spaces There would be a total of[...]
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Bercow Radell Fernandez Larkin & Tapanes is honored to announce that three of our attorneys have been shortlisted as finalists for the Chambers and Partners Diversity & Inclusion Awards. For over a decade, the Chambers Diversity & Inclusion Awards: North America have showcased the best in diversity & inclusion, pro bono, corporate social responsibility and environmental work from firms and in-house teams across the continent. Now in its eleventh year, the annual awards bring together the legal community across the[...]
Read MoreA shopping center near the Hialeah Tri-Rail/Metro Transfer Station could be redeveloped into a 10-story multifamily tower. The City Council will consider the small-scale land use amendment and a variance request for the 0.62-acre site at 1067 E. 25th St. on May 10. It would change from “commercial” to “transit-oriented development district” to take advantage of the public transit station one block to the east. This would continue the trend of redeveloping the largely commercial and industrial sites around Hialeah's[...]
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Developer JDS has released a photo of a scale model of their Major supertall tower planned on Brickell Avenue. The 82-story, 1,049-foot project also continues to move through the approval process with Miami-Dade planners. On April 14, Miami-Dade planners released comments to the initial design, with a request for: Wider sidewalks More landscaping Pedestrian access prioritized over driveway access Electric vehicle charging stations and bicycle parking Shade trees instead of palm trees proposed at ground level Major is planned to[...]
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