Not everyone can always be happy, no sooner then Miami had made strides on the world stage to host the Formula 1 Miami Grand Prix in the streets of Downtown Miami, had a group of 11 residents moved against the city. Some Downtown Miami residents have teamed up and sought legal council combatting the city.
Read MoreAmerican Dream Miami Approved To Bring America's Largest Mall To Miami-Dade
American Dream Miami has been approved for Miami-Dade and will become America's largest shopping mall. The project is expected to cost over $4 billion and will include 1.5 million SF of entertainment and amusement, over 2,000 hotel rooms, an entertainment complex, as well as another 3.5 million SF of retail.
Read MoreWatch The Full Panel From PROFILEmiami's "State Of The Sunny Isles Real Estate Market Event"
Local leaders, luminaries and real estate professionals converged at The Ritz-Carlton Residences, Sunny Isles Beach sales gallery on May 2, 2018 for an in-depth discussion about the state of the Sunny Isles Beach real estate market.
Read MoreNewgard 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.
Read MoreDemolition Now Underway On Site Of Future Allan Shulman-Designed Hotel Tower in Downtown Miami
Demolition is now underway at 511 NE 15th Street where Mandala Holdings is planning to build a 40-story hotel tower designed by Allan Shulman. In May the developers received a demolition permit for the 4,457 SF of existing buildings on the 11,700 SF site, although a construction permit to proceed with the new tower has not yet been applied for.
Read MoreCoastal Construction Co-President Sean Murphy Sells Contemporary Hammock Lake Drive Estate in Coral Gables For $7.43 Million
Sean Murphy, Co-President of Coastal Construction’s, has sold his home at 5490 Hammock Lake Drive home in Coral Gables, which was purchased by Chicago based family for $7.43 million. The price, which equates to over $1,000 SF, sets a new record in the Hammock Lake neighborhood after the previous high sale was $7.25 million.
Read MorePROFILEmiami, REALDAX & Creative Glue Present Blockchain in Real Estate On June 28 6-8 PM In Little River
Real Estate is one of the oldest industries in the world with the least amount of true innovation. Blockchain technology, on the other hand, has only been around a few years but has been disrupting industries left and right, including Real Estate.
Read MoreRelated Group & sbe Announces Construction At 85% Sold Hyde Beach House Passes Halfway
The highly anticipated Hollywood Beach project Hyde Beach House, which is being developed in partnership by The Related Group and sbe, is now over 50% complete and 85% sold. The project is on track for a 2019 completion, and construction is currently on the 24th floor with John Moriarty & Associates.
Read MoreUnique, On-Trend Hospitality Brand Selina Enters U.S. Market in Miami
Selina, a global community of boutique destinations that also provide co-working spaces, local experiences and other recreational offerings, is set to open its first U.S. location in Miami’s Little Havana neighborhood this September. It embodies today's in-demand millennial trends by providing accessible hotel housing, co-working space, and tastefully curated art from the local community. In order to introduce U.S. customers to the brand, Selina has teamed up with local retailer Brothers and Brawlers to launch Selina Brawlers, a concept store in the Wynwood Arts District that will offer a mix of curated goods including eyewear, motorcycles, vintage and modern décor and productsdesigned by Selina’s Creative Director, Oz Zechovoy, and Brothers and Brawlers's Sebastian Ramirez.
Set to open in June, the store will also offer co-working space with complimentary Wi-Fi adhering to the Selina model, which aims to promote gathering and community in a comfortable environment. “Miami was the perfect location for Selina’s U.S. expansion because of the city’s energy and flavor, it’s rich history, mix of cultures, the list goes on,” said Steven Ohayon, Head of Business Development for Selina. “There’s the sand and surf that Selina guests know and love, but also a huge art scene, a growing wellness community and endless things to do. Tourism in Miami is booming, and we’re excited to host travelers and show them a holistic look at the city.”
The store’s concept came to fruition via regular inquiries from guests to purchase items on display in the hotels, which are usually crafted in collaboration with local artists and designers in the region the hotel is located. The brand is currently operating in Latin America and the Caribbean and aims to cater a holistic experience to the adventurous, nomadic traveler. Selina’s hotel will be located in the former Tower Hotel, which is currently being remodeled with local artisans in order to “bring new life to old spaces around the world."
Article By: Katya Demina
Two Roads Development Completes 20+ Hour Concrete Foundation Pour At The 57-Story Elysee in Edgewater
Two Roads Development has completed a massive, 20+ hour concrete pour at the 57-story Elysee, as construction prepares to go vertical in Edgewater. The milestone comes following months of piling and excavation subterranean work. A crew of about 75 construction workers were on staff to pour which was orchestrated by general contractor John Moriarty & Associates .
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