The Real Deal Miami

Posts Tagged ‘downtown miami’

  • Crescent Heights puts $64M price tag on school board’s downtown Miami site

    Offer breaks down to $40M in cash, $24M for 600+ parking spaces it would give school board
    March 16, 2017 04:10PM

    Rendering of the Crescent Heights project

    Details have emerged on Crescent Heights’ proposal to build a skyscraper on land owned by the Miami-Dade County School Board in downtown Miami, including a $64 million purchase value.  [more]

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  • Flagler Street’s multimillion-dollar facelift seeing big delays

    Tenants and property owners along historic street taking a hit in business
    February 24, 2017 12:45PM

    Flagler Street construction

    After a year of construction, only one block of Flagler Street has been completed with new sidewalks, shade trees, lighting and blacktop. [more]

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  • Pair of retail leases signed for Centro in downtown Miami

    The retail deals are the first at Centro’s mixed-use towers
    January 31, 2017 02:20PM

    Centro’s 37-story tower (Credit: Newgard Development Group)

    Jon Smith Subs, a Palm Beach County-based sandwich chain that touts “bigger portions” and “better subs,” and Bellamia, the global Italian gelato franchise, have both signed leases at $75 per square foot to occupy spaces on the ground floor of Centro.

    The deals are among the highest retail rents in downtown Miami, according to Newgard Development group, the developers behind the newly built 37-floor mixed-use project.

    [more]

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  • Chateau Group plans to combine 600, 700 Biscayne into mixed-use project

    Both received approvals for their special permits in 2005 before Chateau acquired the land
    January 04, 2017 03:00PM

    A 2005 rendering of the project. Inset: Manuel Grosskopf

    The Chateau Group is rethinking its plans for two sites in downtown Miami.  [more]

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  • Focus on developing downtown Miami intensifies: ULI event

    Two pilot projects next year aim to make downtown more pedestrian-friendly
    December 12, 2016 12:45PM
    Downtown Miami. Inset: Neal Schafers and Mika Mattingly

    Downtown Miami. Inset: Neal Schafers and Mika Mattingly

    UPDATED Dec. 12, 3:30 p.m.: Downtown Miami, traffic-clogged by day and deserted at night, could soon be transformed into a pedestrian-friendly urban dining and entertainment hub, say planners, brokers and local business owners. [more]

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  • Aston Martin and Coto family launch car maker’s first branded condo tower in downtown Miami

    Sail-shaped, 66-story luxury tower with 390 units plans to open in 2021
    October 26, 2016 12:45PM
    Renderings of the Aston Martin Residences. Inset: Marek Reichman, German Coto and Katia Bassi

    Renderings of the Aston Martin Residences. Inset: Marek Reichman, German Coto and Katia Bassi

    Another luxury brand is joining the likes of Porsche Design, Fendi, Armani/Casa and Bentley in South Florida: Aston Martin will brand its first residential tower, the company announced on Wednesday.

    The high-end sports car company is partnering with the Coto family of Argentina to launch Aston Martin Residences on the former Epic East site at 300 Biscayne Boulevard Way. [more]

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  • Moishe Mana buys downtown Miami office penthouse

    Mana will use the unit as office space for his team
    October 21, 2016 12:15PM
    100 East Flagler Street and Moishe Mana

    100 East Flagler Street and Moishe Mana

    Investor Moishe Mana paid $1.7 million for the penthouse office condo at a Wells Fargo building in downtown Miami. [more]

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  • Witkoff, partners sell downtown Miami tower to East End Capital for $84M

    East End plans to spend $10M on upgrades to the 30-story tower
    October 19, 2016 03:00PM
    100 Biscayne Boulevard and East End Capital Managing Principal Jonathon Yormak

    100 Biscayne Boulevard and East End Capital Managing Principal Jonathon Yormak

    New York and Miami-based East End Capital paid $84 million for 100 Biscayne Boulevard in downtown Miami, also known as the New World Tower.  [more]

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  • 400 Biscayne hits the market, could sell for north of $60M

    Zoning allows for 1,150 units, 1.8M sf and unlimited height, pending FAA approval
    September 28, 2016 08:45AM
    Aerial view of the First United Methodist Church site, HFF's Jaret Turkell and Maurice Habif

    Aerial view of the First United Methodist Church site, HFF’s Jaret Turkell and Maurice Habif

    The First United Methodist Church site in downtown Miami is now for sale, and could sell for north of $60 million.  [more]

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  • Moishe Mana buys Biscayne Building in downtown Miami: $25M

    Sale marks Mana's 39th deal on Flagler and surrounding area
    August 22, 2016 09:45AM
    Moishe Mana, Mika Mattingly and 19 West Flagler Street

    Moishe Mana, Mika Mattingly and 19 West Flagler Street

    Moishe Mana is still assembling his downtown Miami Monopoly board. The Miami and New Jersey developer paid $24.5 million to acquire the Biscayne Building.  [more]

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