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Adler, ECI to Deliver Two Luxury Apartment Towers Overlooking Biscayne Bay

Adler, ECI to Deliver Two Luxury Apartment Towers Overlooking Biscayne Bay

The fast-growing demand for quality apartments in South Florida has drawn Adler Group to return to its multifamily roots. The company is now involved with plans to two luxury 20-story apartment towers just north of Downtown Miami.…

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Swire Reveals Shortlist of Contractors for Brickell CitiCentre Foundation

Swire Reveals Shortlist of Contractors for Brickell CitiCentre Foundation

Brickell CitiCentre, likely the single-largest project currently under development in Miami, is now one step closer to fruition as developer Swire Properties recently announced the shortlist of contractors for the project’s foundation and underground parking garage.…

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Lennar Renews and Expands Global HQ at Corporate Center

Lennar Renews and Expands Global HQ at Corporate Center

The Miami Airport West submarket has not been too kind to Class B office properties—as the current vacancy rate of 24 percent shows. Yet the Lennar Corporate Center has successfully managed to stand out, even more so after the recent lease renewal and expansion of its anchor tenant—Lennar Corporation.…

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Carrfour Celebrates Opening of $30M Affordable Housing Community in Liberty City

Carrfour Celebrates Opening of $30M Affordable Housing Community in Liberty City

Miami’s Liberty City neighborhood is now home to the city’s newest affordable housing community—Dr. Barbara Carey-Shuler Manor. Developed by Carrfour Supportive Housing—Florida’s largest nonprofit affordable housing developer—along with Miami-Dade County and the Florida Housing Finance Corporation, the $30 million apartment complex includes 100 affordable housing units for low-income and formerly…

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Archstone Buys Land for New 378-Unit Apartment Community in Boca Raton

Archstone Buys Land for New 378-Unit Apartment Community in Boca Raton

By Georgiana Mihaila, Associate Editor Archstone plans to expand its South Florida presence by building a new 378-unit apartment community on a newly-acquired 5.78-acre development site in Boca Raton. Situated within walking distance from the upscale, mixed-use Mizner Park in downtown Boca Raton, the apartment community will benefit from access to high-end…

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Flagler Station Sold to AEW Capital for $340M

Flagler Station Sold to AEW Capital for $340M

By Georgiana Mihaila, Associate Editor Less than three months ago, TPG Capital’s intent of buying Flagler Development’s 12 million-square-foot portfolio of developed assets for over $1 billion was one of South Florida’s biggest commercial real estate news stories. Yet last month, [...]…

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Newgard Hires JMAF as General Contractor for BrickellHouse

Newgard Hires JMAF as General Contractor for BrickellHouse

By Georgiana Mihaila, Associate Editor John Moriarty & Associates of Florida has been selected by Newgard Development Group to serve as general contractor for the developer’s 374-unit luxury condominium tower—BrickellHouse. “JMAF’s industry expertise will ensure that we meet our 2014 completion [...]…

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New Cambria Suites Hotel Breaks Ground in Miami

New Cambria Suites Hotel Breaks Ground in Miami

By Georgiana Mihaila, Associate Editor Miami is one step closer to getting a brand new Cambria Suites hotel. SunflowerHospitality, Delant Construction and Choice Hotels International celebrated the official groundbreaking of the new Miami hotel on March 28 during an on-site ceremony [...]…

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Downtown Miami Defies National Trend with Residential Occupancy Up to 93 Percent

Downtown Miami Defies National Trend with Residential Occupancy Up to 93 Percent

By Georgiana Mihaila, Associate Editor Less than three years ago, tens of thousands of condo units built during the 2002-2008 boom sat empty in downtown Miami. Yet what was arguably the worst real estate market in the country following the crash [...]…

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Swire Properties Moves Forward with Large Brickell CitiCentre Project

Swire Properties Moves Forward with Large Brickell CitiCentre Project

By Georgiana Mihaila, Associate Editor Developer Swire Properties is currently testing and preparing the site where its mega-project Brickell CitiCentre will soon begin to rise. The South Florida Business Journal reports the developer has received a $140 million credit by HSBC [...]…

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Premier South Florida Oceanfront Site Slated for Development

Premier South Florida Oceanfront Site Slated for Development

 By Georgiana Mihaila, Associate Editor Aventura-based Shefaor Development is scouting the market for potential buyers or joint-venture partners to aid in the development of a 1.6-acre site between Bal Harbour and Fort Lauderdale. Marketed as one of the last premier oceanfront [...]…

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Related Buys 33-acre Site for New Multifamily Community

Related Buys 33-acre Site for New Multifamily Community

By Georgiana Mihaila, Associate Editor Related Development is one step closer to building its newest rental community in West Miami-Dade, as the residential developer recently purchased a 33-acre site for $20.5 million. The property, located at the junction of Northwest 97th Avenue [...]…

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