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Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of the nearly sold-out Ziggurat Coconut Grove, paving the way for the start of site work and vertical construction. Developed in partnership with the Espinosa family, Ziggurat Coconut Grove is a highly anticipated mixed-use development offering world-class office, residential and retail while honoring the neighborhood’s character.
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Alphabet, the parent company of Google, has expanded its office presence in Miami after signing a lease that increases its footprint at 1450 Brickell Avenue to approximately 45,000 square feet, marking a significant commitment to South Florida as the region continues attracting major technology and business firms.
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Mast Capital, in partnership with Koch Real Estate Investments, has acquired The Islands of Islamorada Resort, a luxury resort in Islamorada, Florida, offering convenient access to the Florida Keys’ renowned boating, fishing, dining and outdoor recreation destinations.
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Another major residential development is moving closer to construction in Downtown Miami after Witkoff, in partnership with Monroe Capital, secured a $302.6 million construction loan for the first phase of its planned three-tower community at 700 North Miami Avenue in Miami Worldcenter.
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The first condominium residence in the Miami Design District has hit the market for nearly $10 million. Unit 2101 Fouquet's Hotel & Residences, Miami Design District has officially been listed for sale, marking a milestone for the new luxury mixed-use development. Priced at $9.985 million, the listing offers buyers the first opportunity to purchase within what will become the first-ever residential development in the Miami Design District.
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Maria DiBartolomeo of Blackline shows the Development Sales technology
Real estate has always had a global audience, but access has historically been limited by geography, timing, and process. Today, that dynamic has shifted. International buyers are more informed, more selective, and increasingly comfortable transacting remotely. What was once a relationship-driven, in-person process is now being redefined by digital access and immediacy.
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Image via PROFILEmiami
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of Ponce Park Coral Gables, paving the way for the start of site work and vertical construction. A newly rebuilt sales gallery to the same quality and standard as the original is set to open on-site in the coming weeks.
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Thomas and Kassidy Angelo
Gioia Hospitality Group, the South Florida-based hospitality company co-founded by father-daughter duo Thomas and Kassidy Angelo, has officially signed a lease for a new restaurant concept at Aimco’s ultra-luxury development located at 560 NE 34th Street, Unit 101, Miami, FL 33137.
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Berkadia, a distinguished leader in the commercial real estate sector, has facilitated a $100.4 million loan for Gatsby Florida to refinance DiVosta Towers, a 220,000-square-foot Class A office campus in Palm Beach Gardens, Florida. One of the newest trophy office towers in Palm Beach County, DiVosta Towers consists of two 11-story office towers and a connected structured parking facility.
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CMC Group and Fort Partners have commenced vertical construction at Four Seasons Private Residences Coconut Grove, the global brand’s first standalone residential offering in Florida. With foundation work complete, the 20-story waterfront tower is now rising above Biscayne Bay, marking a major construction milestone as the development remains on schedule for completion in 2028.
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