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Miami’s Brickell CitiCentre and 1700 Biscayne Boulevard Approved by City Commissioners

Miami’s Brickell CitiCentre and 1700 Biscayne Boulevard Approved by City Commissioners

By Georgiana Mihaila, Associate Editor June 23 marked a great day for developers Swire Properties and James Goldstein, as Miami city commissioners approved both of their major projects that are to reshape the city core. In an attempt to create Miami’s own [...]…

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NoBe Bay Condos Get New Owners; Resorts World Miami Selects Arquitectonica

NoBe Bay Condos Get New Owners; Resorts World Miami Selects Arquitectonica

By Georgiana Mihaila, Associate Editor The partially finished waterfront condominium tower NoBe Bay has been monopolizing headlines since last week when it changed ownership. A joint venture formed by 13th Floor Investments and Key International has successfully closed the deal on [...]…

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Downtown Office Building May Sell for Record Post-Recession Price

Downtown Office Building May Sell for Record Post-Recession Price

By Georgiana Mihaila, Associate Editor Downtown Miami’s SunTrust International’s sale has caused quite a stir among real estate experts due to its rumored sale price of $195 per square foot. The building has an occupancy rate of 82 percent, serving as [...]…

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Miami to Get $2 Billion ‘Resorts World’

Miami to Get $2 Billion ‘Resorts World’

By Georgiana Mihaila, Associate Editor In one of the largest inbound investments in Miami history, Asia’s third largest casino company has reported paying $236 million for the Miami Herald building and the 14 acres of waterfront land surrounding it. The buyer, a [...]…

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Miami Hunts for New Retailers, Pedestrian Traffic

Miami Hunts for New Retailers, Pedestrian Traffic

By Georgiana Mihaila, Associate Editor In an attempt to recreate New York City’s SoHo or its Meat Packing District, Miami’s innovative real estate company Dacra is determined to keep buying more property in the Design District in order to add to [...]…

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Foreclosures Leave Imprint on Miami’s Condo Market

Foreclosures Leave Imprint on Miami’s Condo Market

By Georgiana Mihaila, Associate Editor The 22-story condo tower at 275 N.E. 18th Street, 1800 Biscayne Plaza has recently been bought out by Javier Cervera. A $7 million investment was required in order for Cervera to pay off debt and buy [...]…

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‘Mega’ Mixed-Use Projects Become New Trend in Miami

‘Mega’ Mixed-Use Projects Become New Trend in Miami

By Georgiana Mihaila, Associate Editor In an attempt to create Miami’s own Rockefeller Center, Hong Kong-based Swire Properties, the developer of Brickell Key, has recently revealed his plans for the $700 million urban gathering place—Brickell CitiCentre. Spread over 9.1 acres west [...]…

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Miami Residents Take ’Green’ Building into Their Own Hands

Miami Residents Take ’Green’ Building into Their Own Hands

By Georgiana Mihaila, Associate Editor The current U.S. focus on green building has recently been highlighted by the efforts of several Miami residents and students. A couple from Coconut Grove, for example, intend to lower utility bills by creating their own [...]…

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The Rise and Fall of Miami’s Paramount Bay Condo

The Rise and Fall of Miami’s Paramount Bay Condo

By Georgiana Mihaila, Associate Editor The impressive 46-story high-rise that overlooks Biscayne Bay has not even reached completion yet and it’s already facing major challenges. The Paramount Bay Condominium, developed by Royal Palm Development is headed towards an online auction on [...]…

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Will Biscayne Landing ‘Land’ in Swerdlow’s Hands Again?

Will Biscayne Landing ‘Land’ in Swerdlow’s Hands Again?

By Georgiana Mihaila, Associate Editor While for the past months the Miami Herald has been reporting the city of Miami’s struggle to take back the bay-front site of Biscayne Landing, the original developer—Michael Swerdlow—has now come up with a proposal to [...]…

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South Florida Condo Sales Take Turn for the Better

South Florida Condo Sales Take Turn for the Better

By Georgiana Mihaila, Associate Editor According to a 2010 U.S. Census report concerning population growth and how it influenced the housing market over the past decade, South Florida’s population has shown only modest growth during the past year, leaving behind a [...]…

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