The Real Deal Miami

Posts Tagged ‘related group’

  • Related advances apartment project in Fort Lauderdale with below-market rents

    The Miami-based developer plans to build 150 apartments, mostly with below-market rents
    December 03, 2016 03:30PM
    600 North Andrews Avenue (Credit: Brittany Walman / Sun-Sentinel)

    600 North Andrews Avenue (Credit: Brittany Walman / Sun-Sentinel)

    Broward County endorsed a plan by Related Group and a partner to lease county land at Andrews Avenue and Sistrunk Boulevard and build apartments there, most of them with rents below market rates.

    County commissioners voted November 29 to negotiate a land lease agreement with Miami-based Related Group and a company called Flagler Warehouse 1, co-owned by Doug McCraw, founder of the Flagler Arts and Technology Village, or FATVillage. [more]

  • Miami developers predict luxury market slowdown to continue in 2017: ULI panel

    Jorge Perez: "We see us having less emphasis in the condo market"
    November 30, 2016 04:30PM
    From left: Jorge Perez,

    From left: Jorge Perez, Ziel Feldman, Eliot Spitzer, Moishe Mana and Inigo Ardid.

    Two weeks after the glitzy opening for his company’s latest high-end project, the SLS Brickell Hotel & Residences, Miami condo king Jorge Perez signaled a shift away from building luxury towers locally during a high-powered real estate panel on Wednesday. [more]

  • Jorge Perez on art and SLS Brickell

    Describing Bernard Roig's sculpture, "The Man of Light," Perez sang the Beatles song, "He's a real nowhere man"
    November 23, 2016 08:45AM
    SLSJorge Perez and the art pieces featured at SLS Brickell

    Jorge Perez, chairman of the Related Group, seems to care as much — if not more — about the art at his developments as he does the steel and glass that go into the projects. Click here for more.

  • Jorge Pérez on how a Trump presidency will affect foreign buyers: VIDEO

    Developer said Trump understands the importance of foreign investment
    November 16, 2016 05:15PM
    Jorge PerezJorge Pérez, chairman and CEO of the Related Group

    In one of the country’s most divisive presidential elections, Related Group CEO and Chairman Jorge Pérez sided with Hillary Clinton. But that doesn’t mean he thinks a Donald Trump presidency will negatively impact Miami’s real estate market.

    Miami’s “Condo King” appeared on CNBC’s Power Lunch Wednesday to discuss his political views, and how Trump’s administration could play out for Miami. Click here to watch the full interview and more.

  • Work resumes at Hyde, but not Echo Brickell, as investigations into fatal accidents continue

    Lawyer says OSHA investigation could prompt fines or even criminal liability
    October 27, 2016 06:40PM
    Construction materials hanging from Echo Brickell (Credit: Hiten Samtani) and a rendering of Hyde Resort & Residences Hollywood

    Construction materials hanging from Echo Brickell (Credit: Hiten Samtani) and a rendering of Hyde Resort & Residences Hollywood

    After a pair of accidents that have catapulted South Florida’s year-to-date tally of construction-related deaths to surpass all of 2015, work has resumed at one of the job sites.

    Construction workers have returned to the Hyde Resort and Residences Hollywood, following a scaffolding collapse Monday that left a local mural painter dead and two others injured.

    Yet at Property Markets Group’s Echo Brickell project in Miami, work remains suspended eight days after another scaffolding collapsed on one of the 57-story tower’s uppermost floors caused building materials to rain down on the street below. Five people were injured, and another bystander suffered a heart attack and died. [more]

  • On the scene at Auberge Fort Lauderdale wine tasting series: PHOTOS

    Developers closed $132M in construction financing for two-tower project in August
    October 27, 2016 12:45PM
    AubergeFrom left: Lisa Lader, Paul DiMaio and Wendy Marks Pine (Credit: Alberto Tamargo)

    The Related Group is looking to wine to lure buyers and brokers to its Auberge Beach Residences & Spa Fort Lauderdale. Click here to check out the photos and more.

  • Jon Paul Perez on Auberge delay, where Related is looking for buyers: VIDEO

    Marketing in Turkey has been particularly fruitful for Related
    October 27, 2016 12:00PM
    Jon Paul PerezJon Paul Perez

    Jon Paul Perez, son of Related Group Chairman and CEO Jorge Perez, is being groomed to ascend the throne when his father steps down in the coming years. It’s only fitting then that The Real Deal pulled him aside for an interview at our biggest South Florida Showcase & Forum last week. Click here to watch the full interview and more.

  • One dead, two injured in Hyde Hollywood construction accident

    Artists hired to paint mural were left hanging after scaffolding collapsed
    October 24, 2016 02:36PM
    Rendering of Hyde Hollywood and a screenshot of WSVN

    Rendering of Hyde Resort & Residences Hollywood Beach and a screenshot from the scene (via WSVN)

    UPDATED, 6: 05 p.m., Oct. 25: One person is dead and two are injured following a scaffolding accident at the Hyde Resort & Residences Hollywood Beach construction site on Monday. [more]

  • Check out new renderings of Hyde Midtown

    77 percent of the project's 410 condo residences are presold
    September 29, 2016 11:15AM
    Hyde MidtownHyde Midtown, Carlos Rosso and Gil Dezer

    Now that vertical construction of Hyde Midtown has passed the 50 percent mark, developers are unveiling new renderings of the Midtown Miami condo project. … [more]

  • Thor and Related’s Wynwood rental and retail projects clear development review hurdle

    Wynwood Plant and Wynwood 29 will have apartments geared to millenials
    September 22, 2016 12:45PM
    Wynwood project and Jorge Perez

    Rendering of Wynwood 29 and Jorge Perez

    Two major Wynwood mixed-use projects got the green light from Miami’s Urban Development Review Board on Wednesday.

    Thor Equities’ Wynwood Plant and the Related Group-led Wynwood 29 both received approval recommendations for a series of zoning waivers to make the rental and retail projects feasible for development. [more]