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Terra Entering Partnership with Developer of Block 55 in Overtown

March 13, 2020

Developer Terra could soon enter Block 55 in partnership with Michael Swerdlow. On March 16th, Southeast Overtown/Park West Community Redevelopment Agency will vote on altering the deal with Swerdlow to enable Terra an ownership stake. Swerdlow will keep at least 63% of the project, with the remainder to be held by Terra, the agreement states. […]

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Developers Pay Off Eighty Seven Park’s $155M Construction Loan

Terra, Bizzi & Partners, New Valley, and Pacific Eagle, developers of Eighty Seven Park, just paid off the $155 million construction loan for the newly developed luxury condominium in Miami Beach. The construction loan was given by United Overseas Bank in 2017. The luxury tower located at 8701 Collins Avenue has more than 90 percent […]

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Final Vote to Approve $5 Billion in Funding to Miami International Airport Expansion will Happen Next Week

Commissioners of Miami-Dade are scheduled to vote next week on releasing a $5 billion in bonds for restoration and extension of Miami International Airport. Earlier this month, they unanimously voted to approve the bonds, and a second and final reading is programmed for March 17th. Approximately $1 billion will cover projects that already started, and […]

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Mortgage rates dive to record lows on coronavirus frights

March 7, 2020

As the concerns about the effect that the coronavirus will have on the global economy increases, mortgage rates have dropped to their lowest level in the history of Freddie Mac’s survey of mortgage lenders, which began in 1971. The Federal Reserve cut interest rates Tuesday in an emergency move, according to the Wall Street Journal. […]

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Making Progress: Mr.C Coconut Grove Receives FAA Approval

March 6, 2020

Everything is going smoothly at Mr.C Coconut Grove as developers start to make progress with approvals and permitting for the project. The 20-story twin towers recently received the approval by the Federal Aviation Administration to built at a maximum height of 315 feet above the ground, or 328 feet above sea level. The developer has […]

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Streaming giant Spotify will anchor its Latin America headquarters in Wynwood

The streaming giant Spotify has settled its lease on a 20,000 square foot office space in Miami’s ultra-desirable Wynwood enclave. The announcement was made by the developers of The Oasis, where the HQ will be anchored. The project is currently under construction and should be completed in late 2020. Visitors and employees will be able […]

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Tory Burch co-founder is Miami Beach’s Newest Resident

February 29, 2020

J. Christopher Burch, the co-founder of the fashion label Tory Burch and the founder and CEO of Burch Creative Capital, will shortly call Miami home. That’s because he just bought a new residence in Miami Beach at 5050 N. Bay Road for $14.2 million. The 10,389 square-foot waterfront home has seven bedrooms, ten bathrooms, and […]

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Eighty Seven Park: Here’s a first look at the newly completed beachfront project in Miami Beach

Eighty Seven Park, Italian architect Renzo Piano’s first residential building in the Western Hemisphere, is newly completed. Piano created the sleek, oval-shaped building in Miami Beach’s North Beach, intending to defy gravity.  “The building is made of 16 decks flying one above the other, floating above the beach and park. Those suspended decks catch the […]

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Florida, the No. 1 Moving Destination in the Country

The Sunshine State, one of the most loved destinations by tourists and travelers, whether for its beautiful beaches, incredible attractions, or its large amount of diversity among its people and businesses, has now beaten out Texas as the No. 1 moving destination in America, according to U-Haul.  “Florida has been showing signs of growth for […]

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Underline Park Opening Date Set For June

February 22, 2020

The first stage of Miami’s Underline, a 10-mile linear park, is set to in June, according to Meg Daly, the project creator. There will be five stages to the project, and Brickell is the first one. These phases will run from downtown Miami past Coral Gables (and the University of Miami) to South Miami. All five […]

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Call Us At: 305 397 8788
605 Lincoln Road Suite 302 Miami Beach, FL 33139
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Contact Us

Call Us At: 305 397 8788

605 Lincoln Road Suite 302 Miami Beach, FL 33139

  • This field is for validation purposes and should be left unchanged.