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Hurricane Dorian: Floridians should feel the winds on Sunday

August 30, 2019
Hurricane Dorian turned officially a Category 3, making it a major hurricane, with a suspected landfall by Tuesday morning, right along the line within Martin and Palm Beach Counties as a powerful Category 4 storm. As the hurricane approaches the coast, more updates are being released by the National Hurricane Center. As of Friday at 2 pm, Dorian was strengthening in the warm Atlantic waters, with maximum supported winds topping at 115 miles per hour. “Dorian is anticipated to remain an extremely dangerous major hurricane while it moves near the northwestern Bahamas and approaches the Florida peninsula into early next week,” forecasters…
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Revealed: Melo Group files plan for its biggest project to date

August 23, 2019
Edgewater might soon be the home of a new massive twin-tower developed by Melo Group. The developer just filed the plans for Island Bay, how the building would be called, which could be the biggest development for the company until now. The 60-stories towers would rise 648 feet above the ground, matching or surpassing the height of the tallest buildings intended or finished in the neighborhood. There is a total of 782 units planned between the two towers; renderings show a zig-zag design with the balconies. Melo Group is requesting approval from Miami-Dade’s Shoreline Review Committee for the proposal. The…
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Study: Miami ranks at the top of the fastest-growing city in the U.S.

Miami is a the top of the list of the fastest-growing city in the United States, according to a new study done by researchers from Citylab. Miami is “perhaps the biggest surprise” on the list, said author Richard Florida. The analysts used the Census data from 2012 to 2017 of the top 50 U.S. cities, only big cities, no metro areas. The study shows that no other city had better job growth than Miami during that period; the number of employed in the city during that time increased by 24.1%, a result far ahead than any other city. As of…
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Developers land $67 million loan for mixed-use hotel near Brickell City Centre

Robert Finvarb and Tony Cho, co-developers for a mixed-use hotel next to Brickell City Centre, closed on a $67 million loan, according to records. The company C-F Brickell Owner LLC obtained the funding from City National Bank to build on the collection of nearly 29,000 square feet of land at 115 Southwest Eighth Street in Miami. Plans for a 21-story, 264-key dual-branded hotel on the property were approved by the Miami Urban Development Review Board in 2018. Designed by Arquitectonica, the project would also include 25,000 square feet of retail space, structured parking, and a rooftop terrace. The project is located close…
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Florida Earned $17.7b in Net Income In Just One Year From New Residents

August 16, 2019
A new study released by LendingTree shows that approximately 1,000 new residents are moving every day to Florida, generating significant gains in taxable income for the state. The new residents brought in a net of $17.7 billion in adjusted gross income, including those moving both to and from the state during the year, larger than any other state. The study concluded that Florida, so far, is the greatest winner in net income gains produced by residents moving from others state. The IRS data from 2016 was applied for the study – even before the State and Local Tax (SALT) deduction…
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Photo: Residences by Armani Casa Soon to Open in Sunny Isles

Dezer Properties and Related Group, developers of Residences by Armani Casa, have issued a new aerial picture of the tower in Sunny Isles as completion nears. The building is expected to generate a total of $1 billion in real estate sales, with above $800 million already in contract. The 56-story tower is on track to open in November, according to developers. The picture was taken a little while ago; more progress has been made since then:
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PortMiami is undergoing a historic renovation with multiple new terminals and developments

PortMiami, known as the "Cruise Capital of the World," has been the number one cruise passenger port in the world. It accommodates some of the largest ships and cruise operations in the world and is the busiest port on cruise lines and passenger traffic. Now the port is expanding, and many cruise lines are competing for the post of the best terminal. Only last year there was more than 5.6 million cruise passenger. The passenger count is expected to overgrow in the upcoming years, which explains the move from the companies to build bigger ships and massive new terminals. Here…
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WYNWOOD’S First residential building leases more than 100 UNITS IN JUST 30 DAYS

August 10, 2019
Wynwood’s first major apartment complex reaches completion and applicants are flooding in to lease apartments, according to developers. Recently opened, Wynwood 25 features micro-units with apartment sizes starting at just 400 square feet; the project has already 40% of the units rented 30 days after the city issued a Temporary Certificate of Occupancy. The building includes 289 apartments, with pricing for studios starting in the low $1,400s, with three-bedroom prices reaching the low $4,000s. Around 80 percent of units are priced below $2000, and all include smart-home technology and ten-foot ceiling heights. Wynwood 25 features a fitness center and yoga…
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Miami: more international than ever with residents born overseas at a new record

Miami's population is growing this decade. Foreign-born population, especially Cuban, is also at a new record level, according to a new census data published by the Herald. From 2010 to 2017, the most significant growth in Miami-Dade's foreign-born population came from: Cuba – up 120,000, or 21 percent. Total now at 700,000Dominican Republic – up 20 percent. Total now at more than 41,000Venezuela – up 21,000, or 57 percent. The total population now is at 61,000Brazil – up 24 percent. Total at 15,000Southeast Asian countries – up 20 percent. Total now over 11,000.Spain – up 29 percent. Total now at more…
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Miami Worldcenter is set to change Downtown Miami, here is a list of every tower announced

Downtown Miami will pass through some significant transformation in the upcoming years, and Miami Worldcenter, the 27-acre project, is responsible for a large number of developments under construction or in planning. The Worldcenter it's considered one of the biggest urban development project in the United States, and the plans are still uncovering. Only last month, two new towers were announced, and more towers should come soon, aside from many projects being built in every direction nearby by other developers. Here is a look at every project proposed on site: Paramount Miami Worldcenter – Completed just a few days ago, the…
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Call Us At: 305 397 8788

605 Lincoln Road Suite 302 Miami Beach, FL 33139

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