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CLIENT NEWS: Miami Beach project promises to house working class in tiny units. Rents start at $2,000

April 16, 2024

A new law has paved the way for twice as many apartments for a Miami Beach development that targets the city’s working class with capped rents. After being presented and approved two years ago, Mia will return to Miami Beach’s Planning Board in late April with double the number of floors and apartments than originally planned after the passage of the Live Local Act. The state law allows developers to build higher and add more apartments — disregarding local zoning[...]

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Gomez scores $24M construction loan for Fontainebleau apartments

November 6, 2018

A company tied to developer Marlon Gomez just scored a $24 million construction loan to build an apartment complex in the Fontainebleau area of Miami. Fontaineparc, a company led by Gomez Development Group’s Gomez will use the loan to build a 133-unit building at 275 Fontainebleau Boulevard in western Miami-Dade County, records show. Miami-based BridgeInvest is the lender. BridgeInvest partner Ian Glaser said construction is set to begin soon for the seven-story building. The property totals 2.2 acres and will be built[...]

Crane Watch map expanded to Miami Beach, 52 development projects added

October 19, 2018

The Business Journal’s Crane Watch, an interactive map of development, has been expanded to Miami Beach. The map has 52 projects in Miami Beach that are either under construction or proposed. Click on each point on the map for information about the specific project, including a link to recent Business Journal coverage. The project total includes 17 multifamily, 14 hotels, nine retail, and nine mixed-use. They combine for 1,693 hotel rooms, 695,605 square feet of retail, a net increase of[...]

Firm Client Opens Its Doors

October 12, 2018

Even locals will want to check out this new hostel. Don’t miss. A pair of cozy Mid-Century Modern rockers sits on the terrazzo floor. A pair of black leather chairs flanks an op-art image of bikini-clad bodies. Curvy banquettes invite convivial conversation. With its billiards table, leather couches and outdoor mural by South African artist Chris Auret, this could be any smartly renovated Miami Beach hotel. But with beds in quad rooms starting at $25 a night, Generator — recently opened in Miami[...]

Law Firm of the Year Honors

October 9, 2018

The Latin Builders Association (LBA), the largest Hispanic construction association in the U.S. awarded “Law Firm of the Year” to Bercow Radell Fernandez & Larkin during its 38th Annual LBA Awards Ceremony, September 28, at the Miami Hilton Downtown. Receiving the award are (from left to right): Maritza Haro Salgado, LBA President Eric Montes de Oca, Jeffrey Bercow, Mickey Marrero, Melissa Tapanes Llahues, Adrian Carrillo, Bobby Behar, Carli Koshal, and LBA Executive Director Rafael Cabrera.

Miami approves Swerdlow’s major Overtown retail, apartment project

September 27, 2018

Swerdlow Group has secured approval for a $130.5 million retail and apartment project in Overtown, on the north side of downtown Miami. The deal could bring national retailers, a fitness center and an entertainment venue to the area. On Sept. 24, the city’s Southeast Overtown Park West Community Redevelopment Agency (CRA) unanimously approved the development agreement with Downtown Retail Associates, an affiliate of Swerdlow Group, led by veteran developer Michael Swerdlow. This was part of a request for proposals (RFP) the[...]