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Construction Underway On Magic City Innovation District As Leasing Of Commercial Space Kicks Off

Construction Underway On Magic City Innovation District As Leasing Of Commercial Space Kicks Off

August 12, 2018

Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has commenced renovations on 17 of its 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses.

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In Commercial, Construction, Construction News, Construction Update, Little Haiti, Little River, New Construction, News, Office Space, Retail, Industrial Tags News, Construction, Construction News, Construction Update, New Construction, Magic City Innovation District, Magic City, Tony Cho, Metro 1, Commercial, Industrial, McKENZIE, ELM Architects, MCID, Guy Laliberte, Guy Laliberté, Andres Nava, Little Haiti, Little River, Forest of curiosities, Lune Rouge, Sales Update, Retail, Featured
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Prosper Group and Versluys Group Close On Brickell Waterfront Land Assemblage For $50 Million, Set To Move Forward With $650 Million Luxury Development 2.png
August 5, 2026
Prosper Group and Versluys Group Close On Brickell Waterfront Land Assemblage For $50 Million, Set To Move Forward With $650 Million Luxury Development
August 5, 2026

A joint venture between Miami-based development company Prosper Group, led by CEO Jay Roberts, and Belgium’s Versluys Group, one of Europe’s leading luxury property developers, led by CEO Bart Versluys, have closed on a three-parcel assemblage for $50 million. Miami-based Vaster provided a $30.5 million acquisition loan.

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August 5, 2026
Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical 6.JPG
August 4, 2026
Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical
August 4, 2026

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, have reached a significant construction milestone with the South Tower’s mat foundation pour, advancing the ultra-luxury oceanfront development at 18801 Collins Avenue into its next phase.

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August 4, 2026
Penthouse at St. Regis Residences, Miami Under Contract For $47 Million 6.jpg
August 3, 2026
The St. Regis Residences, Miami Passes 80% Sold As Penthouse Goes Under Contract For $47 Million
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A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.

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August 3, 2026
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