The New York City-based real estate investment group Witkoff and the Chicago-based Monroe Capital have acquired the site of the now cancelled Marriott Marquis Miami Worldcenter from MDM Group for $94 million. The 4.7 acre site is located at 700 North Miami Ave.
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Supertall Entertainment Complex SkyRise Cancelled At Downtown Miami's Bayside Marketplace
The planned supertall entertainment complex SkyRise, which was slated to rise in Downtown Miami’s Bayside Marketplace, has been cancelled after the developer was unable to secure financing. The entertainment and observation tower was being developed by Berkowitz Development Group.
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The First Restaurants Opening In Downtown Miami's $4 Billion Miami WorldCenter Megaproject Are Announced
The first four restaurants coming to Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami, have been announced. Leases have been signed with Chicago-based steakhouse Maple & Ash and their neighborhood restaurant concept etta and Miami Chef Michael Beltran’s Laurel Brasserie and El Vecino concepts.
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Power Dinner Council: Design And Development Presented by PROFILEmiami and Kobi Karp
On Wednesday, June 23rd, PROFILEmiami hosted Power Dinner Council: Design and Development, an intimate, invite-only omakase dinner bringing together some of South Florida’s leading real estate developers, architects, builders, investors and designers.
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Largest Development Site Available In Downtown Miami Sells For $46 Million
The largest development site available in Downtown Miami has sold for $46 million. Known as Miami Center or the ‘Burdines property,’ it is the last significant development site remaining in downtown Miami’s Central Business District (CBD).
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Swerdlow Group Breaks Ground On Sawyer's Walk Mixed-Use Development In Miami's Overtown Neighborhood
Construction has begun on the largest mixed-use development to take shape in Miami’s historic Overtown neighborhood in decades, paving the way for new shopping and dining options, affordable residences for seniors, and thousands of job opportunities.
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Aston Martin Residences Miami Reveals Signature Collection of Penthouses And Residences
Aston Martin Residences Miami, located on the exclusive Miami River waterfront, has revealed its Signature Collection penthouses and residences. The Signature Collection is the next level of luxury at the Aston Martin Residences Miami, offering buyers a members-only community with unparalleled access and exclusivity.
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Terra Locks Down $44 Million In Financing For Publix-Anchored Retail Development In Pembroke Pines
Coconut Grove, FL-based Terra has locked down a $43.74 million in senior mortgage financing, provided by Thorofare Capital, Inc., an affiliate of alternative investment manager Thorofare LLC. The loan was issued to 16000 Pines Retail Investments, LLC, an entity managed by 16000 Pines Market.
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PROFILE Exclusive Podcast Season 1 Episode 4 Featuring Oren Alexander of The Alexander Team
Season 1 Episode 4 of the PROFILE Exclusive Podcast by PROFILEmiami features Oren Alexander of The Alexander Team. Oren is the co-founder of The Alexander Team, an internationally recognized, record-breaking luxury real estate sales team with over $5 billion in total sales.
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The Former Site of Bal Harbour Yacht Club Sells For Record $54.931 Million As Luxury Home Site
The former site of the Bal Harbour Yacht Club has sold for a county record of $54.931 million after hitting the market in March for $65 million. The transaction was overseen by Tony Imbesi of Douglas Elliman who represented the seller, and Dina Goldentayer of Douglas Elliman who represented the buyer.
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