mehmet bayraktar

Rendering of Island Gardens with developer Mehmet Bayraktar

Will Flagstone Island Gardens continue its legal winning streak against the city of Miami?

The city of Miami could be facing a losing — and very expensive — legal battle. More than a...

Will Flagstone Island Gardens continue its legal winning streak against the city of Miami?
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 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
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
Competition heats up among closely regulated marinas

Competition heats up among closely regulated marinas

While it may look like a carefree, waterfront career, a panel of marina developers said competition is heating up...

Competition heats up among closely regulated marinas
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
Miami Beach to analyze MacArthur traffic for Flagstone project

Miami Beach to analyze MacArthur traffic for Flagstone project

Miami Beach residents spoke out against the controversial Flagstone Island Gardens project — a mix of luxury hotel, upscale shops and a...

Miami Beach to analyze MacArthur traffic for Flagstone project
Flagstone Island Gardens project progresses after 13 years

Flagstone Island Gardens project progresses after 13 years

Remember the elusive Flagstone Island Gardens which Turkish developer Mehmet Bayraktar announced 13 years ago? The project located on...

Flagstone Island Gardens project progresses after 13 years
Flagstone pays back rent on Watson Island property

Flagstone pays back rent on Watson Island property

Flagstone Development Group’s Mehmet Bayraktar, who is clinging to the rights to develop the long-delayed, $600 million Island Gardens...

Flagstone pays back rent on Watson Island property
Watson Island developer gets five more weeks to pay overdue rent

Watson Island developer gets five more weeks to pay overdue rent

Mehmet Bayraktar, the Flagstone Property Group head who owes the city of Miami $500,000 in overdue rent on the...

Watson Island developer gets five more weeks to pay overdue rent
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