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A South Florida-based startup has advanced plans for an all-electric fleet aimed at transforming transportation.

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As borrowing becomes more affordable, construction costs stabilize, and market liquidity improves, many investors, currently sitting on significant dry powder, are eager to re-enter the market.

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The De La Cruz Collection building closed following the death of Rosa De La Cruz at age 81 in February.

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The hotelwould feature 823 lodging units and 339 parking spaces.

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Seven supertall towers are currently planned across Miami.

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The two major productions will inject approximately $12 million into the local economy.

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In Miami Beach, where politicians recently voted unanimously to oppose the Metromover expansion to South Beach, the vote was even more lopsided.

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The Madrid-based bank will begin demolition of its Brickell office building in the next few weeks to make way for the new tower.

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The tower is currently going through Miami-Dade’s review process under the Rapid Transit zoning plan. Approval of developments in the zone may be conditioned on public benefits.

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When Dan Kodsi and his former partner acquired the site two years ago, they planned to build a 200-unit apartment building. Now, Royal Palm is moving forward with a roughly 30-story condo tower.