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Russian oligarch drives up Edgewater land prices
Peter Zalewski Land prices for new condo development sites in the Edgewater neighborhood of Greater Downtown Miami have surged over the last 45 days. Russian mining oligarch and developer Oleg Baybakov...
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Historic Coconut Grove mansion sells for $3.4M
3650 Klebba Lane A historic Coconut Grove mansion originally constructed for Miami’s pioneering Matheson family sold for about $3.4 million, The Real Deal has learned. Windhaven Insurance president and...
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Related, Crescent condo tower could need voter approval
Rendering of Alton Road condo tower (via Perkins + Will) Miami Beach voters may get to decide whether the Related Group and Crescent Heights can develop the city’s tallest building. City Attorney Jose...
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Broward County poised for development wave, urban Miami’s available office...
Miami’s skyline 1. Broward County poised for development wave [Sun-Sentinel] 2. Urban Miami’s available office space dwindles [GlobeSt] 3. Construction firm sues Boynton Beach CRA over marina contract...
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Funky Buddha Lounge home trades for $10M
The Funky Buddha Lounge Oakland Park Station, a retail and industrial building known as the home of the Funky Buddha Lounge and Brewery, sold for $10 million. An affiliate of North Miami-based I.M.C....
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Ultra-modern Walgreens coming to Brickell
Rendering of Brickell Walgreens There isn’t anything unusual about a new Walgreens opening in Brickell. But a Walgreens with architecture that can only be described state of the art is really something...
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A high rate still, but foreclosures declining in Miami
While still leading the nation in foreclosures, Miami’s mountains of debt continued to dwindle in January. In the Miami-Miami Beach-Kendall area, only 8.09 percent of outstanding mortgages were in some...
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Construction nears end on Fort Lauderdale project
New River Village Construction is moving forward on the third and final phase of the New River Village development in downtown Fort Lauderdale. Developer American Land Ventures hopes to open the new...
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Top stories
Top stories yesterday on The Real Deal: 1. Russian oligarch drives up Edgewater land prices 2. Miami Dolphins linebacker buys Davie mansion 3. Portfolio owner gets $172M in financing
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Melo Group gets loan for Bay House
Bay House rendering Developer Melo Group obtained a $39.2 million construction loan for its Bay House condo tower in Miami’s Edgewater neighborhood. Florida Community Bank provided Melo with the...
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Miami residents asked for input on Coconut Grove Playhouse
Coconut Grove Playhouse Miami residents are being asked to help shape the future of the historic Coconut Grove Playhouse. Members of the Coconut Grove Village Council and Coconut Grove Playhouse...
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Davie shopping center owner receives $22M loan
Town and Country Shopping Center The family-owned Ireland Companies received a $22 million loan from City National Bank of Florida for the renovation of the Town and Country Shopping Center in Davie....
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Sunrise office complex sells for $45.2M
Sawgrass Lake Center A Sunrise office complex changed hands for $45.2 million, The Real Deal has learned. The seller, a company managed by Dallas-based Invesco Realty Advisors, took a $4 million loss...
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Miami Children’s Health System signs new HQ lease
5301 Waterford Miami Children’s Health System signed a lease for a new corporate headquarters at the 5301 Waterford office building in Miami. The 79,156-square-foot transaction is Miami-Dade County’s...
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Investors swarm Miami’s Design District
Michael Comras and Luis Castillo New York-based real estate investors are pouring money into Miami’s Design District as the area evolves into a luxury retail hub. The district’s conversion is being led...
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Star Island manse lingers on market for 259 days, Met Square site officially...
30 Star Island Drive (via The Jills, Coldwell Banker Real Estate) 1. Star Island manse lingers on market for 259 days [Curbed] 2. Met Square site officially designated as historic [Miami Herald] 3....
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City eyes university campus for North Beach
Town Center in North Beach and the area between 63rd Street and 87th Terrace in Miami Beach A new satellite college or university campus could be headed for North Beach. The City of Miami Beach’s...
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Apple to launch store on Lincoln Road
A rendering of the new Apple Store Construction has kicked off on a 14,000-square-foot Apples Store on Lincoln Road. The new two-level store will be located at 1021 Lincoln Road next to the new Gap...
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Kia set to build out current site in Fort Lauderdale
1900 South State Road 7 A Fort Lauderdale Kia dealership is planning a $16 million expansion. Gunther Motor Co. has commissioned Stiles Construction to design and build a 425,536-square-foot facility...
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City commission reverts zoning at historic Boynton Beach High
The Boynton Beach High School building Following a city council vote the old – an long vacant– Boynton Beach High School building will remain a historic landmark, but the buildings zoning will revert...
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