Recent Posts
- Sebastian Moves To Expand Control Of Key Waterfront Property
- Miami River Condo Secures Record $817 Million Construction Loan
- New Development Could Be A Home Run For Vero Beach
- Vero Beach Gives Waterfront Redevelopment More Time To Move Forward
- Major Healthcare Development Could Begin Serving Vero Years Ahead Of Full Buildout
Swire Sells Miami Site Planned For Office Supertall For Over $211M
Deals, Industry News, Multifamily, OfficeThe 2.8-acre parcel, located at 700-799 Brickell Avenue, was once slated to become the One Brickell City Centre, a 1,000-foot-tall office tower. However, Swire scrapped those plans earlier this year, citing difficulties in the current office market.
Condo Sales At Mandarin Oriental’s Miami Redevelopment Hit $1 Billion
Industry News, MultifamilyThe condominium sales in the South Tower of the two-tower project reached a major milestone by surpassing $1 billion. The 66-story tower is now 50% sold, underscoring the city’s continued demand for high-end real estate.
Developer Scoops Up Aging Coconut Grove Condos Staring Down Forced Demolition
Industry News, MultifamilyAs of May 5, 2025, no recertification documents had been submitted, prompting the city’s Unsafe Structures Board to schedule a hearing for May 16 regarding the condo association’s non-compliance.
Miami Office Sector Vacancy Rate Nation’s Lowest
Industry News, OfficeAccording to a recent report, Miami recorded the lowest office vacancy rate among the top 25 U.S. markets in Q1 2025, at 15.5%. Miami also stood out as the second-strongest market in terms of high sales prices.
Revealed: First Phase Of $1B Miami Project
Industry News, MultifamilyThe initial component, a residential building named Aurea, will be reviewed by Miami’s Urban Development Review Board on May 21.