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The project 1212 Lincoln started its vertical construction

March 2, 2019
The five-story project, 1212 Lincoln, on South Beach, has ongoing vertical construction; the project spans an entire block of Alton Road, at the intersection of Lincoln Road. 1212 Lincoln is being developed with a pedestrian-friendly design; the lower two levels will have a food hall style space, with various beverage and food outlets, alongside retail. The project will also count with a CitizenM Hotel and a Wells Fargo Bank (the existing Wells Fargo Bank will be demolished).  
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Photos: Monad Terrace has officially topped off

Pritzker Prize-winner Jean Nouvel's vision for an artfully planned building that encompasses natural elements is now coming to life. Monad Terrace, being built by JDS Development, will offer a stark contrast to the luxury of residential condos, with its discreet, medium-sized and elegant nature-inspired design. The inspiration for the building revolves around a unique point of view. “Monad Terrace’s design identity lies in reflectivity, stemming from the building’s prime spot on Miami’s Biscayne Bay and the way the sun hits the water,” JDS Development CEO Michael Stern said. The waterfront Monad Terrace, directly on the shore of Biscayne Bay, consists of two medium towers and…
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Wynwood: Planners unveil a greener and more pedestrian-friendly neighborhood

February 23, 2019
The streetscape of Wynwood could change in the future, with pocket parks, lavish landscaping, a bicycle and wellness loop, and extra woonerfs, a shared street design intended to slow down traffic. This week urban planners revealed their proposals for the streets of the neighborhood at Wynwood Business Improvement District. Michelle Cintron and Ben Hutchens, Arquitectonica GEO vice presidents, revealed an initial version of the plan, and Jennifer Bolstad and Walter Meyer, Local Office Landscape & Urban Design founding principals, presented four types of a woonerf being proposed for Northwest Third Avenue between 25th and 29th streets. With numerous large-scale commercial…
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EB-5 extended again, now until September 2019

The US Congress through the Senate and the House of Representatives approved on February 14 the Resolution 31 authorizing, among other measures, the extension of the EB-5 Program until September 30th, 2019. Once again the program was extended without any change, thus maintaining the values ​​and criteria that have been applied before giving foreign investors the opportunity to obtain a green card if they invest at least $500,000 in a development project and create at least ten jobs. Successive extensions within the EB-5 program The US Congress has been editing successive and constant extensions of the term of this program…
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1 Hotel South Beach sells for $610 million to a real estate investment trust

The former 1969 Gansevoort hotel, now 1 Hotel South Beach, at 23rd Street and Collins Avenue, was sold for $610 million to Maryland-based Host Hotels, a real estate investment trust. Starwood Capital Group, a private investment firm, and LeFrak, a real estate company, renovated the hotel after purchasing it in 2012 for $230 million. The hotel that has 429-room reopened as 1 Hotel in 2015. The $500 million makeover brought a rooftop bar, new pool decks, a gym, and a spa. The hotel gained a LEED Silver certification for sustainability. “Given the One Hotel’s popularity and prime positioning directly on…
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Downtown Miami’s Office Market is Booming

February 2, 2019
While the city of Miami pursuing Amazon thrust the technology sector of our region to the forefront, the Miami Downtown Development Authority has released new data stating that tech companies have been viewing Miami’s urban area as a viable home base for years. After tracking market activity over the past five years, the DDA’s newly released office sector survey states that 72 percent of all new-to-market technology firms coming to Greater Miami are settling in Downtown. This metric proves that downtown - our region’s largest office market - is becoming more diverse considering new industries are setting their sights here.…
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What South Florida Gained by Losing Amazon Bid

While South Florida didn’t get the deal to host Amazon’s HQ2, the tri-county area is still boasting successes in the learnings that came from participating in the bid process itself. “This process showed an extraordinary level of regional cooperation, done in a record amount of time,” said urbanist Richard Florida, who led the discussion of the panel, “What Did We Learn From Our Amazon Adventure.” The panel included about 80 attendees and was hosted by the Miami-Dade Beacon Council. The event was produced by the Miami Herald, the Downtown Development Authority and Florida International’s Miami Future Urban Initiative, which Florida…
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Downtown Miami project, YotelPad Breaks Ground as First Condo/Hotel on East Coast

February 1, 2019
Downtown Miami is soon to see a new type of condo and hotel product, YotelPad. The project built by Aria Development Group and AQARAT is breaking ground in downtown Miami as the brand’s first condo on the East Coast. The 31-story tower at 227 NE 2nd St. will offer 231 condos and 222 hotel rooms ranging from 417-square foot studios to 708-square-foot units with two bedrooms. They are priced from $300,000 to $500,000. Introducing a newer concept to Miami which could make them attractive to investors, YotelPad condo owners will be allowed to engage in short-term rentals or to lease…
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José Isaac Peres unveils 57 Ocean sales gallery

January 26, 2019
The new sales center for the 57 Ocean project was inaugurated this week with music by New World Symphony and fireworks. The two-story sales center cost $3 million and comprise 5,000 square feet. The project of Brazilian billionaire José Isaac Peres, owner of Multiplan Real Estate Asset Management, will have 18 floors and 81 units and will be located at 5775 Collins Avenue in Miami Beach. In a tour led by Peres, visitors observe in the sales center a model unit on the second floor, which included a living room, kitchen, master bedroom and bathroom, closets and terrace, as well…
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Developer submits plans for a luxury condo on Ocean Drive

The same week developer Jose Isaac Peres celebrated the opening of 57 Ocean Sales Center, an affiliate of Peres' Multiplan Real Estate Asset Management submitted plans for the construction of a new project on Ocean Drive. The project will be called 312 Ocean Park. The four-story, ten units building located at 304 and 312 Ocean Drive in the South-of-Fifth neighborhood is across the street from Marjory Stoneman Douglas Park, a 2.5-acre public beachfront park. Due to its location in the Ocean Beach Historic District, the historic preservation board has to approve the plans for the project. Luis Revuelta of Revuelta…
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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.