Coral Gables-based Coral Rock Development Group today unveiled plans for Buena Vida, a Little Havana-based workforce/affordable housing mixed-use project. Located at 22nd Avenue and Flagler Street, Buena Vida will encompass 175 units of workforce and affordable housing.
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Crixus BH3 Acquisition Company Announces Pricing Of $200 Million Initial Public Offering
Crixus BH3 Acquisition Company (the “Company”) today announced the pricing of its initial public offering (“IPO”) of 20,000,000 units, at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market (the “Nasdaq”) and trade under the ticker symbol “BHACU” beginning October 5, 2021.
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Sephora, Lucid Motors and Bowlero Sign Leases For 90K SF At Miami Worldcenter
Sephora, Lucid Motors, and Bowlero have become the latest brands to announce leases at Miami Worldcenter, accounting for 90,000 square feet of retail space signed within the last 90 days at the $4 billion, 27-acre mixed-use development in Downtown Miami. The retailers will be located along the open-air shopping and entertainment promenades, and will join a growing roster of brands that recently announced openings at Miami Worldcenter beginning in 2022.
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95 Burnett
Miami-Based Private Equity Firm Galium Capital Completes Successful Investment Cycle With Sale Of Two Assets
Galium Capital, LLC, a Miami-based private equity group led by Jacques Bessoudo and Iser Rabinovitz, has announced the sale of two properties, successfully completing the firms first investment cycle. The properties sold include 95 Burnett in Renton, WA, as well as The Shoppes at Lake Mary in Lake Mary, FL.
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Hines Acquires Mixed-Use Development Site In Fort Lauderdale's Flagler Village For $57.41 Million
The Houston-based development firm Hines has acquired a mixed-use development site in Fort Lauderdale’s Flagler Village neighborhood for $57.41 million. The properties acquired make up the proposed FAT Village project which were assembled by Urban Street Development.
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Cymbal Development Tops Off Oasis Pointe Residences In Dania Beach 6 Months After Breaking Ground
Cymbal Development and DLT Global have topped off Oasis Pointe Residences in Dania Beach, just 6 months after breaking ground on the project. Plaza Construction is the general contractor on the multi-unit waterfront apartment complex which set to open Spring 2022.
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Nitin Motwani, Anshu Motwani, City of Plantation Mayor Lynn Stoner, Ramola Motwani, Broward County Commissioner Dale Holness , City Council Member Timothy Fadgen, Dev Motwani, Mike Kaufman
Merrimac Ventures Breaks Ground On $90 Million Merrimac Plantation Multifamily Development In Plantation
South Florida-based development firm Merrimac Ventures has broken ground on Merrimac Plantation, a new multifamily development on the rise in the City of Plantation, Florida. Located at 1711 N. University Drive, Merrimac Plantation will total 293,945 square feet with 306 rental apartments.
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The Dubai-Based DAMAC Properties Revealed As $120 Million Stalking Horse Bidder Of Site Of Collapsed Surfside Condo
The stalking horse bidder for the site of the former Champlain Towers South in Surfside, Florida which tragically collapsed in June 2021 has been revealed as the Dubai-based DAMAC Properties, led by billionaire developer Hussain Sajwani.
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Palm Angels
Maison Margiela and Palm Angels Open Miami Design District Boutiques
Instagram influencer hotspot Miami Design District is continuing to expand and attract some of the hottest luxury and fashion brands. A selection of new retailers including Maison Margiela, Palm Angels, ARES Design and KREWE have opened in Miami Design District.
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The Coral Gables-Based MG Developer Reveals Plans For Hialeah Mixed-Use Residential Community Metro Parc
The Coral Gables-based renowned luxury townhome developer MG Developer has revealed plans to develop a 10-story apartment rental building with 433 units in Hialeah named Metro Parc. The 2.5-acre project will be located between 955 East 25th Street and 980 East 26th Street.
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