Billionaire real estate investor Moishe Mana has closed on the $25 million sale of 25 West Flagler Street, an assemblage of three adjacent parcels totaling 29,000 SF of land in Downtown Miami’s Central Business District (CBD). The property features redevelopment potential of up to 80 stories and ±696,000 SF, as of right.
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Here Comes Wynwood’s First Hotel: One Eleven Wynwood by Sonder
BH Investment Group (BHIG), a US-based real estate private equity, investment and development company, along with partners Andres Hogg and Eduardo Vargas have announced One Eleven Wynwood Hotel by Sonder, which will be the first hotel delivered in the burgeoning Wynwood neighborhood.
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Joint Venture Led By Related Group Reveals The Dorsey In Wynwood Designed By Arquitectonica
A joint venture between Jorge Perez’s Related Group, Alex Karakhanian, and Tricera Capital, led by Scott Sherman, have revealed plans for The Dorsey in Wynwood. The Dorsey is being designed by Arquitectonica and when complete will rise 12-stories and will feature 306 apartments, 35,858 SF of retail space and 58,760 SF of office space.
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OKO Group and Access Industries To Develop Aman Hotel & Residences At Versailles Hotel Completing Faena District
OKO Group and Access Industries announced today a joint venture to develop and build an Aman hotel and Aman-branded residences on Miami Beach, on the site of the former Versailles Hotel, in two buildings at 3425 Collins Ave.
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Avison Young Secures New, Long Term Co-Working Office Lease For Entire Floor At 800 Brickell
Avison Young negotiated a new, long-term,14,280 SF lease on behalf of CoSuite™ at 800 Brickell Avenue, a 15-story, 209,122 SF office tower in Miami’s Financial District. The tenant will take the entire fourth floor and bring the building’s occupancy to 85.4%.
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Virgin Trains Announces Aventura, PortMiami & Boca Raton Stations Will Open In October 2020
Virgin Trains has announced that both the Aventura, PortMiami and Boca Raton stations are expected to come online in October 2020. Formerly known as Brightline, the train line is now in negotiations with Orlando entertainment parks and venues for a 2nd Orlando station while the Orlando International Airport station remains on schedule.
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Check Out The Hotel Addition Proposed Atop The Sterling Building On Lincoln Road
Sam Herzberg has proposed a 144 room hotel addition atop The Sterling Building located at 927-929 Lincoln Road, home to the popular Books and Books Cafe. The Miami Beach Planning Board will review the proposal at their December 17th meeting, which came following the city approving an increase in building height from 50’ to 75’ on the north side of Lincoln Road as well as to allow smaller units down to 200 SF.
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Palm Beach Approves Plan For Luxe Condo Atop Tiffany & Co. Building On Worth Avenue
The Town of Palm Beach has approved plans for a luxury condo atop the iconic Tiffany & Co. building on Palm Beach’s Worth Avenue, one of the ritziest, most expensive streets in the United States. The addition would include the conversion of the existing 2nd floor as well as adding a 3rd floor spa and pergola which would not be visible to pedestrians on the street.
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Avison Young Oversees Sale Of $70 Million Transformco Distribution Center To Reich Brothers
Avison Young’s Florida Capital Markets Group has overseen the sale and closing of the Transformco Distribution Center, the largest single-building industrial asset in Florida spanning nearly 2 million SF, to Reich Brothers. The transaction closed for $70 million for the 1,937,892-square-foot Transformco Distribution Center, located at 655 SW 52nd Ave. in Ocala.
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Mandala Proposes BLUR Workshop-Designed Courtyard By Marriott in Downtown Miami
Mandala Holdings has submitted new plans to Miami’s Urban Development Review Board for a 31-story Courtyard By Marriott hotel tower in Downtown Miami’s Omni district at 511 NE 15th Street. The proposal will be reviewed at a meeting by the UDRB on November 20.
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