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PortMiami’s $1 billion tunnels to open in late May
PortMiami tunnel PortMiami’s new twin-tunnel system will open to public traffic by the third week of May, according to Chris Hodgkins, vice president for MAT Concessionaire LLC, the project’s...
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Top stories
Top stories yesterday on The Real Deal: 1. Fashion mogul buys Fisher Island condo 2. Large Miami development site up for sale 3. Related gets $46M refi for One Ocean
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Israeli soccer star buys North Miami Beach home
Tal Ben Haim and 16461 Northeast 34th Avenue A professional soccer player from Israel has picked up a waterfront North Miami Beach residence for nearly $2 million, The Real Deal has learned. Tal Ben...
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Miami Beach passes initial “party homes” measure
A house party in Miami Miami Beach commissioners took an initial step toward cracking down on so-called “party homes.” A measure making it illegal to advertise short-term home rentals unanimously...
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North Beach Village set for hotel influx
551 Breakers Avenue The North Beach Village section of Fort Lauderdale is about to get an influx of new hotel offerings. Several hotels are slated to open in the area next month, the Sun-Sentinel...
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Nursing school signs lease for Doral campus
9250 Doral A California-based nursing school has signed a lease to open a campus in Doral. West Coast University finalized a 45,000-square-foot lease at 9250 Doral, according to real estate firm Taylor...
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Boston restaurant owner testifies in Trump lawsuit
Rendering of the Trump International Hotel & Tower in Ft. Lauderdale and Donald Trump A Boston restaurant owner who is suing Donald Trump over the failed Trump International Hotel & Tower...
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Miami area home prices keep rising
Home prices in Miami, Miami Beach and Kendall jumped 15.3 percent from January 2013 to January 2014. The latest report from Irvine, Calif.-based CoreLogic shows area prices rose 3.4 percent from...
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Brickell rental buildings target senior citizens, Avra Jain takes on Biscayne...
Avra Jain and Miami Modern district (via Flickr) 1. Brickell rental buildings target senior citizens [exMiami] 2. Avra Jain takes on Biscayne Boulevard revamp [Biscayne Times] 3. A look back at Babe...
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Key Biscayne bridge repairs won’t be finished by Sony Open
The Bear Cut Bridge in Key Biscayne Repairs to the Bear Cut Bridge in Key Biscayne will not be wrapped up in time for the Sony Open tennis tournament later this month. And in response, village...
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Urban promenade proposed for space under Metrorail
Renderings of the Brickell Market plans Urbanists Douglas Thompson and Ebru Ozer are hatching a new plan to give the Brickell neighborhood some public space. The plan, dubbed Brickell Market, calls for...
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Walgreens inks $6.7M deal for Miami property
250 Southwest Seventh Street A new Walgreens is coming to Miami, with the pharmacy chain forking over $6.74 million to buy a vacant site.Walgreens purchased the 30,000-square-foot lot at 250 Southwest...
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Miami Realtors strikes up partnership with Australian organization
Miami Association of Realtors chairman Liza Mendez and Real Estate Institute of New South Wales president Malcolm Gunning The Miami Association of Realtors is forming a new partnership with the Real...
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Top stories
Top stories yesterday on The Real Deal: 1. Israeli soccer star buys North Miami Beach home 2. Large Miami development site up for sale 3. Miami Beach passes initial “party homes” measure
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Collection owner gets $74M refinancing
The Collection in Coral Gables Ugo Colombo’s CMC Group has obtained a $74 million refinancing for the Coral Gables site of the company’s luxury auto dealership The Collection, The Real Deal has...
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Wynwood Central construction begins
Wynwood Central rendering Construction of the $50 million Wynwood Central mixed-use development is underway. The eight-story, 385,000-square-foot building is on track for a mid-2015 completion,...
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Melo strikes out with Miami zoning board
Martin Melo, Jose Luis Melo and Carlos Melo (via World Property Channel) Miami’s Planning, Zoning and Appeals Board declined to endorse Melo Group’s proposed 36-story building near the Adrienne Arsht...
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Tommy Hilfiger on verge of Raleigh Hotel purchase
Tommy Hilfiger and the Raleigh Hotel pool Expanding into the hospitality sector, fashion icon Tommy Hilfiger is on the verge of acquiring the Raleigh Hotel in South Beach for an undisclosed price....
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Underwater loans decline in Miami
The Miami area experienced a drop in underwater mortgages during the last three months of 2013, with nearly 30 percent of homes having negative equity. The latest report from Irvine, Calif.-based...
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Conrad Fort Lauderdale launches unit sales
Rendering of Conrad Hotel at 551 North Fort Lauderdale Beach Boulevard The owner of the future Conrad Fort Lauderdale Resort & Residences has launched unit sales for the luxury condo-hotel. CFLB...
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