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Tiramesu to close Lincoln Road location
Tiramesu After 17 years on Lincoln Road, Italian restaurant Tiramesu is moving back to the South of Fifth neighborhood of Miami Beach. Restaurant co-owner Graziano Sbroggio announced plans to shut down...
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Seagate Yacht Club project nears final approval
Rendering of Seagate Yacht Club Seaside Builders and Seagate Hospitality Group plan to break ground on its Delray Beach Yacht Club redevelopment in June, granted the city provides final approval today....
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Miami-Dade, Broward sales prices on fire in March
Liza Mendez Although there was more inventory to work with, South Florida prices for condominiums and single-family homes climbed even higher in March. In Miami-Dade County, the median price for condo...
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Top stories
Top stories yesterday on The Real Deal: 1. Ugo Colombo reveals Brickell Flatiron details 2. 30,000 new condos now proposed in South Florida 3. Michael Simkins buys land in Miami’s Overtown area
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Investcorp buys Coral Springs apartment complex
Gables San Remo Investcorp International Realty paid $34 million for the Gables San Remo apartment complex in Coral Springs, The Real Deal has learned. New York-based Investcorp acquired the 180-unit...
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Worldcenter holds public meeting ahead of pivotal vote
Rendering of Miami Worldcenter Miami Worldcenter’s Nitin Motwani touted the benefits of closing off sections of three downtown streets in advance of a City Commission vote on the proposed closures. The...
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Micky Arison announcement rankles Carlos Gimenez
American Airlines Arena Miami-Dade Mayor Carlos Gimenez expressed frustration over Miami Heat owner Micky Arison’s premature announcement of a deal for increased county payments to the AmericanAirlines...
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Jailed broker faces SEC civil suit over real estate deal
A jailed Broward County stock promoter now faces civil charges over an allegedly fraudulent real estate deal. The Securities and Exchange Commission filed a complaint on Wednesday against Robert Vitale...
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Avenir developers could reduce size of large project
Avenir rendering The developer of Avenir in Palm Beach Gardens is mulling a dramatic reduction of the proposed project’s size and scale. Project planner Victor Dover said Avenir Holdings is considering...
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Pembroke Pines retail center sells for $12.5M
Aerial of University Marketplace A Pembroke Pines retail center traded for $12.5 million, according to Broward County records. Carlsbad, Calif.-based SCI University Marketplace Fund and numerous...
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Miami Beach residents worried about Beckham stadium traffic, Miami Jai-Alai...
Proposed soccer stadium rendering (via Arquitectonica, 360 Architecture and Visual House) 1. Miami Beach residents worried about Beckham stadium traffic [Miami Herald] 2. Miami Jai-Alai parent’s shares...
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Cuban history museum wants downtown Miami land
Rendering of proposed Cuban Exile History Museum The Cuban Exile History Museum is pushing for a new location on county-owned land behind the AmericanAirlines Arena. Museum advocates asked Miami-Dade...
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Herrick buys CVS portfolio from Fortress
Norton Herrick A Boca Raton investor paid $190 million for a multi-state portfolio of CVS locations. The Herrick Co. acquired the 44 properties from Fortress Investment Group, South Florida Business...
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West Grove residential development to break ground next week
Gibson Plaza rendering A new residential development, dubbed Gibson Plaza, is set to break ground in West Grove on April 28 and is scheduled for completion in mid-2015. The 56-unit project, which is...
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Plans for luxury townhomes approved in Palm Beach
215 Brazilian Avenue A plan for new luxury townhouses at the old Plaza Inn hotel site at 215 Brazilian Avenue have received final approval from the city’s Architectural Commissioners. Members...
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Top stories
Top stories yesterday on The Real Deal: 1. “Million Dollar Listing Miami” cast unveiled 2. 30,000 new condos now proposed in South Florida 3. Michael Simkins buys land in Miami’s Overtown area
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Faena penthouse under contract for “record” price
Faena Miami Beach rendering and Alan Faena The Faena House condo listed for a record $50 million is now under contract. A Faena Group executive and the broker representing the buyer told the Wall...
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Commissioners approve Miami Worldcenter street closures
Rendering of Bloomingdale’s at the Mall at Miami Worldcenter City commissioners approved Miami Worldcenter’s request to close off sections of three downtown streets, but an attorney for the developer...
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Massive Metropica project finally moves forward
Metropica model The long-delayed Metropica development in western Sunrise is finally approaching the start of construction. Work on Metropica, a $1.5 billion “city within a city” planned by Miami...
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South Florida by the numbers: TechWeek edition
“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. The giants of technology and innovation will converge in Miami Beach next...
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