Braman Motors, a long successful and foundational business venture in the City of Miami, is about to expand dramatically with a growth spurt of sweeping proportions that would include two new 60-story residential towers. The Braman company, utilizing special development options in the Miami 21 zoning code, plans to start construction on a phased redevelopment of several properties in the Edgewater neighborhood, ultimately bringing hundreds of new residential units, new retail-commercial uses, office space, parking for thousands of vehicles, and[...]
Read MoreNightlife entrepreneur David Grutman obtained permission to replace a 1933-era waterfront home on one of the most expensive streets in Miami Beach with a new two-story mansion. Grutman’s plans were approved by the Miami Beach Design Review Board Tuesday morning by a vote of 4 to 2. The Groot Hospitality founder won’t necessarily demolish the 87-year-old mansion at 2050 North Bay Road. He’s offered to donate the architecturally significant building, designed by architect Carlos Schoeppl, to anyone willing to cart it away[...]
Read MoreJDS Development Group moved a step closer to building a 2.48 million-square-foot project in Miami’s Brickell after purchasing properties for $23 million. Led by Michael Stern, New York-based JDS Development Group executed two transactions through affiliate 191 SW 12 Owner LLC. They cover part of the land needed for its 1 Southside Park project. In the bigger deal, CS Brickell LLC, an affiliate of Choice Hotels, sold the 22,500-square-foot property at 145, 155 and 165 S.W. 12th St. for $14 million. The[...]
Read MoreWe are immensely proud of Associate Attorney, Emily Balter, who was recently recognized as the Cuban American Bar Association’s Young Lawyer Member of the Year. Emily applied her time and resources this year to further the organization’s mission and goals on the CLE Committee and AIT: Uncorked Event Planning Committee. Congratulations, Emily and the 2020 Honorees!
Read MoreA year after completing a residential project near the Miami Design District, Alta Developers started recording closings at Quadro. The firm, led by principal and CEO Raimundo Onetto, originally planned the 198-unit, 12-story development as a rental tower, then changed course and launched sales earlier this year as a condo project offering long-term and short-term leases. Plans for the building at 3900 Biscayne Boulevard were first announced in 2016. Onetto said in a press release that the move-in ready units are “incredibly desirable” and[...]
Read MoreMiami Beach has approved plans for a luxury condo just east of 41st Street after the developer reduced the height by more than a third. The Miami Beach City Commission has approved Mast Capital’s plan to develop the 2.3-acre site at 4000 Alton Road into a luxury condo with maximum height of 85 feet and 175 units. The city’s planning board last summer rejected plans for at 140-foot tower at the site because of its proximity to a single-family neighborhood. The site[...]
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