Billionaire Buys Every Condo In A Miami Tower For $125M Demolition

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Billionaire Ken Griffin spent roughly $125 million to buy all 138 condo units and ground-floor retail in a 22-story Miami tower. Griffin targeted Solaris because it occupied one of the few remaining parcels he didn’t already control in Brickell and fits into his broader real estate expansion in Miami.

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Vero Beach Extends Negotiation Timeline For Three Corners Redevelopment

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proposed three corners project in vero beach_image credit Clearpath Services The Ridge Group DMJR 1030x385

The proposed project, estimated at about $250 million, would remake the waterfront site into a mixed-use destination with hotels, dining, retail, event space and a marina.

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Miami Home Sales Are Climbing, But Prices Tell A More Complicated Story

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According to the Miami Association of Realtors, sales of single-family homes rose 10%, while existing condo sales increased 5%. Despite stronger sales activity, price trends differed between property types.

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Huge Property Tax Overhaul Measure Set For November Ballot

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As Florida voters prepare to consider a major property tax overhaul this November, officials in Vero Beach and Indian River County are raising concerns about its local impact. The proposal would provide substantial tax relief for homesteaded homeowners but could also reduce revenue that cities and counties rely on.

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Indian River Mall Demolition Begins; Indoor-Outdoor Redevelopment Planned To Satisfy Everyone

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Expected to be completed by late 2027 or early 2028, the mall redevelopment project will introduce a mix of indoor and outdoor retail spaces, attract new businesses, and include a drive-thru restaurant. Local leaders hope these changes will revitalize the mall and restore it as a community gathering place.

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