Billionaire hedge fund manager Ken Griffin will be partnering with the New York-based Related Companies to develop co-develop Citadel’s new supertall tower at 1201 Brickell Bay Drive. The project, with a proposed height of 1,032 feet and 54 stories, will be a mixed-use development.
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Carbon Neutral Apple Miami Worldcenter Now Open In Downtown Miami's Miami Worldcenter
In a significant addition to Downtown Miami, Apple has announced the upcoming grand opening of its new store at Miami Worldcenter, designed to be a vibrant destination for technology enthusiasts and casual shoppers alike. This will mark Apple’s sixth retail location in the Miami-Dade County, further cementing the tech giant’s expanding footprint in this bustling region.
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Mast Capital and Starwood Capital Group Secure $390 Million Construction Loan For The Perigon Miami Beach
Following the commencement of construction this past spring, The Perigon Miami Beach, a joint venture condominium development on Miami Beach between Miami-based real estate development group Mast Capital and a controlled affiliate of Starwood Capital Group, a globally renowned private investment firm led by Barry Sternlicht, has closed $390 million in construction financing.
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Naftali Group Secures $40 Million C-PACE Financing Loan for JEM Private Residences in Downtown Miami's Miami Worldcenter
New York City and Miami-based real estate development and investment firm Naftali Group has secured a $40 million in C-PACE financing loan for the development of JEM Private Residences in Downtown Miami. The financing was provided by Nuveen Green Capital.
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The Lincoln Coconut Grove Launches Sales in Miami's Historic Neighborhood
Coconut Grove, known for its lush greenery and vibrant community, is set to welcome a new residential development that blends modern luxury with historic charm. The Lincoln Coconut Grove has officially launched sales, offering 48 meticulously designed condominiums at 2650 Lincoln Ave. Developed by Element Development and LORE Development Group, in partnership with Leste Group and Opportunity Fundo de Investimento Imobiliário, the project seeks to elevate the standard of boutique living in one of Miami’s most cherished neighborhoods.
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Sales Pass 60% At 902' Tall Okan Tower Anchored by Hilton Miami Bayfront Hotel in Downtown Miami
Downton Miami’s 902’ Okan Tower, anchored by a Hilton Miami Bayfront Hotel, has reached two milestones as sales have surpassed the halfway mark and are now at 60%; in addition, construction has advanced to the 12th floor following the completion of the massive 290,000-square-foot parking podium.
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James Beard-Nominated Duo Opens Ghee a Modern Farm to Table Indian Restaurant in Wynwood
FEAL Hospitality, the renowned restaurant group helmed by James Beard Award nominees Chef Niven Patel and Mohamed “Mo” Alkassar, has opened a new Ghee Indian Kitchen in Miami’s arts-centric Wynwood neighborhood. The Wynwood location will be the first step in Ghee’s planned national expansion, following the success of its original Dadeland restaurant and with Atlanta on the horizon. Known for redefining Indian dining in South Florida, Ghee has earned a MICHELIN Bib Gourmand distinction for three consecutive years (2022–2024) and captivated diners with its modern farm-to-table approach to Indian cuisine.
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The Calta Group Locks Down $30 Million Construction Loan For Coral Gables Townhomes 'Via Veneto'
The Calta Group, a real estate, development, and construction company led by brothers Ignazio and Gaetano Caltagirone, announced today that they have closed on a $30 million construction loan from Banesco USA for Via Veneto.
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Image credit: Daniel Neuhaus
MIMI Chinese Makes International Debut in Miami Beach
South Beach has officially added a new gem to its culinary crown. Big Hug Hospitality, the Toronto-based team behind some of Canada’s most celebrated dining establishments, has opened MIMI Chinese, marking their first international venture. Renowned for its thoughtful exploration of regional Chinese cuisine, MIMI Chinese has already made waves in Toronto’s dining scene, earning Michelin recognition and a devoted following. The Miami Beach location brings the same innovative and hospitality-driven experience to one of the country’s most vibrant culinary cities.
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Major Food Group Opens Carbone Vino in Coconut Grove
Major Food Group (MFG), the visionary hospitality collective behind Carbone, ZZ’s Club, Sadelle’s and Contessa, has opened CARBONE VINO in Miami’s ritzy Coconut Grove neighborhood. Responding to overwhelming enthusiasm for the CARBONE experience beyond Miami Beach, this new addition to the family brings the brand’s culinary artistry and iconic ambiance to the heart of Coconut Grove.
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