The Real Deal Miami

Posts Tagged ‘related group’

  • Redevelopment of Coral Gables garages could be voted on this month

    Related and Allen Morris currently top bidder, followed by Terranova, Zom and Gibson
    January 13, 2017 12:00PM

    Clockwise from left: Renderings of Coral Gables City Center, TC Gables. Inset: Jorge Perez and Allen Morris

    The redevelopment bid for two city-owned garages in Coral Gables could head to a vote as early as Jan. 24. [more]

  • Arden Karson leaves Related to join CBRE as senior managing director

    Karson oversaw development, acquisitions, distressed debt and strategic opportunities at Related
    January 12, 2017 01:30PM

    Arden Karson

    After about five years at the Related Group, Arden Karson joined CBRE as senior managing director in South Florida, the brokerage announced on Thursday.

  • Related ready to break ground for 6 projects

    The six Related projects are in Atlanta, Orlando, Palm Beach County and Tampa
    January 07, 2017 11:30AM

    Rendering of Related Group development on the old Tampa Tribune site

    The rental and mixed-use division of The Related Group is ready to start construction of six projects in Tampa, Orlando, Atlanta and Palm Beach County in the next 60 days.

    The projects include rental, mixed-use and commercial developments and add about 2,000 units to the existing pipeline of Miami-based Related.

    “Unique demographic demand drivers and a shift away from home ownership into rentals will continue to fuel absorption of new units at the forecast production pace,” said Steve Patterson, president and CEO of Related Development, said in a prepared statement. [more]

  • Related, SBE launch mixed-use project in Cancun: PHOTOS

    Renewed interest in Mexico comes as the Miami condo market settles into its slowdown
    January 04, 2017 12:45PM
    SLS Cancun partyAllison Goldberg, Jorge Perez, Sonia Figueroa and Carlos Rosso (Credit: World Red Eye)

    The Related Group and SBE are continuing their partnership with a new project that marks Related’s continuing expansion into Mexico. Click here for more.

  • Swedish firm buys Related’s newly built Davie apartments for $59M

    Related has shifted its attention to the rental market in recent months
    December 27, 2016 03:00PM

    The Town University Luxury Apartments

    UPDATED December 27 4:16 p.m.:Swedish property firm Contentus AB has officially made landfall in South Florida.

    The family-owned company just bought a newly finished apartment complex in Davie, developed and sold by the Related Group, for $59 million. Contentus’ purchase breaks down to about $254,310 per unit. [more]

  • Check out new renderings, photos of Hyde Hollywood projects

    Hyde Beach House to close construction loan for more than $100M by next month
    December 16, 2016 03:45PM
    hyde hollywoodHyde Beach House and Hyde Resort and Residences. Inset: Eric Fordin, Related Group

    The Related Group released new renderings of Hyde Beach House and photos of Hyde Resort & Residences, two projects it has under construction in Hollywood Beach – projects valued at a combined $620 million. Click here for more.

  • Related’s Carlos Rosso talks SLS Lux top off, 444 Brickell and more: PHOTOS

    Rosso joked he was surrounding Stephen Owens’ fort, aka Brickell City Centre
    December 15, 2016 05:00PM
    RossoSLS Lux. Inset: Carlos Rosso (Credit: Tamz)

    The Allen Morris Company and the Related Group hosted a construction tour of SLS Lux on Thursday all the way up to the 55th floor of the 58-story Brickell skyscraper, where Related executive Carlos Rosso discussed the neighborhood’s evolution, including restarting plans for 444 Brickell. Click here for more.

  • Related brings Italian restaurant to CityPlace Doral, plus new renderings of CineBistro

    Italian restaurant Vapiano and the luxury movie theater are both set to open in early 2017
    December 13, 2016 04:35PM

    Rendering of CityPlace Doral. Inset: Related CEO Jorge Perez

    CityPlace Doral has brought on a new restaurant, and CineBistro released new renderings of the luxury movie theater planned for the mixed-use project in Doral.  [more]

  • Related and sbe launch 2 resort projects in Mexico

    Their mixed-use projects, SLS Zihuatanejo and SLS Cancún, combine homes and hotel rooms
    December 10, 2016 11:30AM
    Rendering of SLS Cancún

    Rendering of SLS Cancún

    After opening the sold-out SLS Brickell condo and hotel project, developer Jorge Perez and hospitality executive Sam Nazarian are collaborating again on two resort developments in Mexico.

    Related Group, led by Perez, and Nazarian’s Los Angeles-based lifestyle hospitality company sbe have announced plans for two mixed-use projects in Mexico called SLS Zihuatanejo and SLS Cancún.

    “Jorge is a key partner for me and sbe, and I am thrilled to enter the Mexican market in partnership with him and his company,” Nazarian, founder and chief executive officer of sbe, said in a written statement. “Bringing the SLS brand to Mexico is another major milestone for sbe.” [more]

  • Related-led partnership closes on Wynwood development site for $12M

    Plans call for 182 micro-condos and 26,000SF of office space
    December 05, 2016 12:05PM
    Rendering of Wynwood 29 (Inset: Jorge Perez and Tony Cho)

    Rendering of Wynwood 29 (Inset: Jorge Perez and Tony Cho)

    With design approvals already in hand, the Related Group appears to be steaming forward with its planned Wynwood 29 mixed-use tower. The developer just closed its purchase of the land it needs to build the project for $12 million. [more]