Okan Tower, located at 555 North Miami Ave., will break ground in 2018 and is currently finalizing their partnership with a general contractor. The self-financed tower from Turkish developer Okan Group has pre-sold about 12% of of units since the project was first proposed in October 2017.
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Stambul Acquires The Historic Walgreens Building In Downtown Miami's East Flagler Street
Stambul, a family-owned and operated, full-service boutique construction and development firm, has completed the purchase of the historic Walgreens building in Downtown Miami for $19.75 million. Located at 200 East Flagler St., the building was owned by the Alonso family and is currently home to La Epoca Department Store.
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Douglas Elliman Releases Q2 Market Reports For South Florida As Pricing Continues To Rise
Douglas Elliman has released their Q2 Market Reports for South Florida, produced in conjunction with Miller Samuel, a leading independent appraisal firm. Despite the constant rumblings of a bubble or a crash, the South Florida market continued to show strength and prices continuing to push higher in both the luxury and overall markets across nearly all markets
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Metropica Reveals New Renderings of Metropica One, The Mega-Project's First Residential Tower
Metropica, one of the nation’s largest under-construction mixed-use communities, recently released new renderings of its first residential tower, Metropica One, offering a glimpse into the interior and exterior of the building.
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PMG's Downtown Luxury Rental X Miami Officially Opens, Now Over 40% Leased
X Miami, PMG's new 464-unit luxury rental building in Downtown Miami, has officially celebrated its grand opening and is over 40% leased. X Miami is part of PMG's portfolio of X Social Communities and offers a program charged social community designed to promote engagement between residents and a social environment.
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MiamiCentral Featuring Brightline Tabs Tony Cho’s Metro 1 Commercial As Exclusive Retail Brokerage For Development
Florida East Coast Industries (FECI) has hired leading commercial brokerage firm Metro 1 Commercial, LLC to spearhead retail leasing efforts for the state-of-the-art development, MiamiCentral, Miami's most connected, mixed-use transportation hub.
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Pordes Residential Takes Over Sales at Kai at Bay Harbor
Pordes Residential has officially been tabbed to oversee sales and marketing at Kai at Bay Harbor for the remaining residences available at the newly completed building. Pordes is currently also completing the final sellout of two other projects on the Bay Harbor islands at 101 Bay Harbor and Bijou Bay Harbor.
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Newgard Development Group Completes The Sold-Out Gale Residences Fort Lauderdale Beach
Newgard Development Group has completed the Gale Residences Fort Lauderdale Beach, the 129-unit hotel-condo project which is located at 401 Bayshore Drive and part of the Gale Boutique Hotel & Residences project. Closings are expected to begin soon with a roughly $100 million sell-out.
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Tour Melo Group's Newly Delivered, Arquitectonica-Designed Aria On The Bay
Melo Group's Aria on the Bay is now open for business, after launching sales and construction in 2015. The 53-story, Arquitectonica-designed waterfront tower, located at 1770 N. Bayshore Drive along Biscayne Bay, has become the latest condominium to deliver in Downtown’s growing Arts & Entertainment District.
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Strong Sales Reported At The Kobi Karp-Designed Ultra-Luxury Palazzo Del Sol On The Exclusive Fisher Island
Kobi Karp, globally recognized among the best and most influential sustainable architecture design firms, has sparked a buying frenzy in America’s most expensive zip code, Miami's Fisher Island. The surge is attributed to Karp’s groundbreaking vision for the properties where buyers are seeking Karp's opulent waterfront design at now sold-out Palazzo Del Sol.
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