Just days after PROFILEmiami reported that Miami Worldcenter Associates have closed on a $43 million construction loan for the retail component of the $2 billion Miami Worldcenter mixed-use mega-project in the Park West neighborhood of Downtown Miami, the developers have applied for permission to modify their design for Block D.
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A New Hotel Dubbed Bohemian House Has Been Proposed On Washington Avenue In South Beach
A new 5-story hotel has been proposed on Washington Avenue in South Beach and will be reviewed by Miami Beach's Historic Preservation Board on January 9. The hotel will be developed by Acastar Miami, LLC., led by Genaro Enrique Gallo and the site is located at 1409-1413 Washington Avenue.
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NP International Secures $158.4 Million In Construction Financing & Gears Up To Break Ground on Gables Station
NP International has locked down a $158.4 million construction loan and are gearing up to break ground on Gables Station, a transit-oriented mixed-use project with 120,000 SF of retail space, 500 residential units and 66 hotel units.
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Miami Worldcenter Locks Down $43 Million Construction Loan For Retail Component
Miami Worldcenter Associates led by Art Falcone and Nitin Motwani have just closed on a $43 million construction loan for the retail component of the $2 billion Miami Worldcenter mixed-use mega-project in the Park West neighborhood of Downtown Miami.
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Check-Out The New Gucci Flagship Boutique Now Open In Miami Design District
During Art Basel PROFILEmiami got an exclusive first look at Miami's newest Gucci store which opened last month in the fast growing, fashion hotspot Miami Design District. The MDD location will become Gucci's Miami flagship and will also feature the full Gucci Décor collection available for sale.
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Florida Airbnb Income Surged 75% Year-Over-Year To $450 Million In 2017 With $134 Million In Miami-Dade
Despite the ups, downs and legal battles that Airbnb has faced since launching in 2007, hosts in Florida have seen a surge in supplemental income, up 75% year-over-year in 2017. Florida hosts earned a combined $450 million in 2017 and hosts in Miami-Dade brought in $134 million.
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Barneys New York To Open First Florida Location As Anchor At Bal Harbour Shops $400 Million Expansion
Barneys New York has announced that they will open their first Florida location as one of the anchor tenants at Bal Harbour Shops $400 million, 350,000 SF expansion. The location will span 53,000 SF and will include the popular Freds at Barneys New York restaurant.
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Central Fare Food Hall Coming To MiamiCentral Announces Delayed Opening Until Spring 2018
New renderings have been released of Central Fare, the new food hall coming to MiamiCentral in Downtown Miami. Central Fare had originally planned to open in the Fall of 2017, a date which has since been delayed until the Spring of 2018 as MiamiCentral powers towards completion.
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Florida East Coast Realty On Track To Begin Construction On KPF-Designed Supertall One Bayfront Plaza In Early 2019
Miami is set to get its first supertall in the fast emerging Downtown neighborhood, as Tibor Hollo's Florida East Coast Realty is gearing up to begin construction on the 1,049', 92-story, Kohn Pedersen Fox (KPF)-designed One Bayfront Plaza in 2019. Demolition of an existing office building on the current site is scheduled for the first half of 2019.
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Related Companies Planning Major Expansion Revamp To CityPlace West Palm Beach
The Related Companies is planning a major revamp of its CityPlace West Palm Beach property, proposing to add 350 apartment units, a new office building and a hotel expansion. Reports show Related Companies plans to knock down the current Macy's building.
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