A busy shopping center off Kendall Drive will soon feature a Tesla showroom and service center on the site of a former toy store. The new car complex will join other Tesla showrooms at South Florida malls, including Aventura, Dadeland and Brickell City Centre. Palms at Town & Country, off Southwest 117th Avenue, is getting the Tesla showroom and service center in late 2026 after years of discussion. Kimco Realty, which owns and runs Palms, announced Thursday it has signed[...]
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Canopy Park in South Beach is now officially complete, and developers of the project have revealed new details behind the design and sustainability features built in. The 3-acre public park was built and donated to the city by TCH 500 Alton, LLC, in exchange for zoning increases that allowed a 48-story tower to be built next door (that tower, known as Five Park, is under construction with completion scheduled for 2024). TCH 500 Alton is a partnership between developers David[...]
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A developer assembled a North Miami Beach development site for $14.12 million, with plans to build a 28-story apartment project. In the bigger deal, NMBPlace LLC, managed by Victor F. Dante in North Miami Beach, sold the 1.59-acre site at 1959 N.E. 164th St. for $12.9 million to NMB Place Owner, in care of Baltimore, Maryland-based JSB Capital Group. The same entity paid $1.22 million to TFH Group, managed by Dante and Fena M. Brooks, for the 9,283-square-foot site at[...]
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A major project is expected to begin construction in Edgewater in 2023, developer Aimco told investors. The construction start date was revealed last week in the company’s first quarter financial results. Aimco has a 20% stake in the project, and will serve as the project’s development manager. The company said it contributed an eighth of an acre of land purchased for $1.7 million in January 2022 to the joint venture. The new project will serve as the gateway to Aimco’s[...]
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The first elevated floor at Overtown’s giant Block 55 has been poured, according to contractor Coastal Construction. The pour required 400 cubic yards of concrete and was completed last week, Coastal said. Block 55 will include: 578 affordable apartments for seniors 250,000 square feet of retail space 1,050 parking spaces 1,400 square foot police substation Tenants will include Target (with a Starbucks and CVS inside), an Aldi grocery, Burlington department store, and Ross Dress for Less. Published on May 17,[...]
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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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