Amazon initially leased 50,000 square feet in January after reports surfaced that the Seattle-based tech giant was looking for up to 80,000 square feet in Miami.

The South Florida condo market is cooling due to rising inventory and shrinking demand. Across the region, sellers are struggling to offload units as prices drop—yet in Miami, condo values are holding steady. However, the market isn’t immune to broader headwinds.

The ordinance, approved on first reading by Miami City commissioners, is intended to help the city align with Miami-Dade County’s rapid transit zoning policies and Florida’s Live Local Act. However, critics described the initiative as favoring developers over neighborhoods.

brickell city centre retail_photo credit gmvcb 1030x385

The deal now places the entire 500,000-square-foot shopping destination under the control of Simon Property Group.

In a newly published interview, billionaire founder of Citadel praised Miami’s energy and outlook.