flagstone property group

Battle for the $1B Island Gardens project

Battle for the $1B Island Gardens project

From the latest issue: For well over a decade, Turkish entrepreneur Mehmet Bayraktar has been on a seemingly quixotic quest to transform a barren patch of prime waterfront land in Miami into a billion-dollar...

Battle for the $1B Island Gardens project
Miami commission overturns mayor’s veto related to Flagstone Island Gardens

Miami commission overturns mayor’s veto related to Flagstone Island Gardens

As the city of Miami battles Flagstone Island Gardens in Miami-Dade Circuit Court over the developer’s ouster from a...

Miami commission overturns mayor’s veto related to Flagstone Island Gardens
Flagstone sues city of Miami over $1B Watson Island project

Flagstone sues city of Miami over $1B Watson Island project

Flagstone Property Group has filed $122 million lawsuit against the city of Miami. The suit was filed one day...

Flagstone sues city of Miami over $1B Watson Island project
Miami commission votes to cut ties with Island Gardens developer Mehmet Bayraktar

Miami commission votes to cut ties with Island Gardens developer Mehmet Bayraktar

In a blockbuster decision, the Miami City Commission wants to kill the deal with Flagstone Property Group to build...

Miami commission votes to cut ties with Island Gardens developer Mehmet Bayraktar
City of Miami and Watson Island resort and marina developer score court victory against project opponents

City of Miami and Watson Island resort and marina developer score court victory against project opponents

In a setback that was anticipated by court rulings in previous similar cases, a group of Venetian Island homeowners trying to block the development...

City of Miami and Watson Island resort and marina developer score court victory against project opponents
Marina opens as first phase of Watson Island development

Marina opens as first phase of Watson Island development

Nearly 14 years after winning the rights to build an ambitious mixed-use development on the publicly owned Watson Island,...

Marina opens as first phase of Watson Island development
Watson Island developer obtains $23M loan

Watson Island developer obtains $23M loan

Mehmet Bayraktar, the developer behind the planned mixed-use development on Miami’s Watson Island, obtained financing for his $1 billion project. Bayraktar received a $22.67 million mortgage from Demir-Halk Bank, based in the Netherlands, on...

Watson Island developer obtains $23M loan
Watson Island marina to open during Art Basel, developers say

Watson Island marina to open during Art Basel, developers say

Island Gardens, the planned mixed-use development on Miami’s Watson Island, will open its marina in time for Art Basel...

Watson Island marina to open during Art Basel, developers say
Watson Island debate over development grows heated

Watson Island debate over development grows heated

Critics of a proposed $700 million hotel and mega-yacht development on Watson Island cited distrust of Miami’s city government...

Watson Island debate over development grows heated
Watson Island project clears state hurdle

Watson Island project clears state hurdle

The developer of the long-delayed Island Gardens now has a clear path to finally starting the project planned for Miami’s Watson Island. Members of the Florida Cabinet approved modifications to the deed for the...

Watson Island project clears state hurdle
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