MG Developer could build apartments next to its Regency Miami Airport by Sonesta hotel in Miami. The city’s Urban Development Review Board [approved] plans for the 3.79-acre property at 1000 N.W. 42nd Ave. on Feb. 18. It currently has a 176-room hotel that was built in 1982. MG Regency Airport LLC, an affiliate of Coral Gables-based MG Developer, led by Alirio Torrealba, acquired the hotel for $36 million in 2024. The company is primarily a multifamily developer. Under the plans[...]
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New York-based Witkoff and a partner swooped in to buy the site of MDM Group’s long-hyped — but now-canceled — Marriott Marquis Miami Worldcenter Hotel for $94 million. Witkoff, led by Chair and CEO Steven Witkoff, and Chicago-based Monroe Capital bought the 4.7-acre site at 700 North Miami Avenue, according to a news release. It is not yet clear what they plan to build, but the land is entitled for more than 60 stories and a mix of residential, hospitality[...]
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The developer of the Miami River project has applied for a construction permit for the first building at the complex. The application was applied for on May 19, and the full plans were accepted by the city on June 24. According to the application, the tower will include: 632 residential units, spread over 1,164,143 square feet of space 12,305 square feet of retail on the ground floor The tower will rise 54 stories, or 643 feet. Total hard construction cost[...]
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In late April, the Hialeah City Council gave initial approval to a plan to ban hourly hotel and motel rentals, a change with the potential to transform an Okeechobee Road corridor teeming with adults-only motels that some city officials say are hotbeds for criminal activity. But since then, lobbyists and owners for the motels — which are notorious for their romance-themed rooms and private garage entrances ostensibly designed for one-night flings — have succeeded in softening the council’s stance, working with the city on[...]
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Amid mounting fines from the city and complaints from neighbors, the new Goodtime Hotel in South Beach said it will overhaul its sound system to keep loud music from disturbing residents across Washington Avenue. The hotel, which opened in mid-April at 601 Washington Ave., has received seven citations from the city and more than two dozen complaints due to the loud music coming from the property, which regularly hosts DJ performances on its pool deck. The hotel operators, including local[...]
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Developer Aria Mehrabi’s future 12-story mixed-use project will now include a pharmacy, in spite of a recommendation from Miami Beach’s planning department to reject the request, due to its proximity to another drugstore. By a vote of 6 to 0, Miami Beach’s Zoning Board of Adjustments on Friday approved variances that will enable a CVS pharmacy to operate within a 30,000-square-foot Target store on the ground floor of Mehrabi’s tower at 6948 Abbott Avenue. The project will include 170 residential units, a[...]
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