When real estate investment firm Rivani announced in August it would bring Playboy’s global corporate headquarters to Miami Beach, the team knew the news would make a splash. But no one was quite ready for how much attention it would bring. “[The reaction] was crazy. It was insane,” said Robert Rivani, the namesake founder and president of the company formerly known as Black Lion. The news that Playboy had signed a 10-year lease for 20,000 square feet of penthouse space[...]
Read MoreMiami-based Clara Homes won approval for the 28-unit first phase of a luxury apartment project planned in Bay Harbor Islands. Construction of the six-story, 28-unit Clara Bay Harbor building will start by August, Clara Homes founder James Curnin told The Real Deal. It will be the first of three planned buildings with a total of 150 apartments. The first phase is expected to open in the summer of 2023 on a development site at 10281 West Bay Harbor Drive, within[...]
Read MoreThe large mixed-use Overtown project known as Block 55 has had a foundation pour. Vertical construction is underway, with several cranes now installed. FAA records show that several cranes were recently approved for the site. There will be a total of four cranes installed, according to a social media post by John Longarini. Photos by Ryan RC Rea last month show that two of the cranes have already been installed. The foundation pour took place in recent days, Longarini wrote.[...]
Read MoreA proposal to build an 82-story supertall tower on Brickell Avenue called Major has been submitted to the Federal Aviation Administration. Major is planned to top off at a height of 1,042 feet above ground, or 1,049 feet above sea level, according to the new FAA filing The application was submitted on March 31. The developer of the project, JDS, is now based in Miami, according to its website. The company recently completed the 1,428-foot 111 West 57th Street in[...]
Read MoreThe general contractor for the 54-story Miami River tower in Brickell says that piling work is now nearly complete. Contractor G.T. McDonald has confirmed that excavation at the site is set to begin this month. A tower that will rise 640 feet is now under construction. Later, multiple other towers are planned to rise at the site. The first phase is being funded by a $310 million construction loan from Madison Realty Capital. A total of 632 apartments, retail space, and a[...]
Read MoreA developer has submitted an unsolicited proposal to replace a municipal parking lot in South Beach with a mixed-use structure. Location Ventures, LLC is proposing to build a project at 1262 Collins Avenue with the following: 169 parking spaces 8,167 square feet of ground floor retail 8,524 square feet of Class A office space The maximum height of the new garage will be 75 feet. Borges is the architect. Currently, there is a 60-space parking lot on the site bringing[...]
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