South Florida added thousands of new businesses in 2022, putting the region in the top three metropolitan areas nationwide for openings of everything from retailers to law offices.
The Miami City Commission on Jan. 12 gave final approval to amend the sign ordinance to allow larger digital advertising signs on numerous city properties. An ordinance allowing advertising signs in Miami’s premier waterfront parks was also approved on first reading.
Colombia has now topped the list of foreign countries searching Miami real estate in nine of the last 10 months.
The area is among the most sensitive, long seen as a key link to restoring the Everglades and fending off sea rise.
Two towers would be built on the south end of Brickell Key.
Preliminary plans for what will become the Southplace City Center include a 150-key hotel, 60,000 square feet of medical office space, a terraced community amphitheater, golf cart trails, a trolley system, restaurants, retail and approximately 4,400 housing units to be built over a seven-year period.
The 68-story building would have the largest office floor plates of any building in downtown Miami or Brickell.
Brokers are particularly seeing buyers from Brazil, Argentina and Colombia.
In total, 15 restaurants in the Miami area made the top 100 list in 2021. That is more than all of the restaurants in both New York (10) and California (11).
The labor union has owned the site for more than 45 years and previously operated a 5,130-square-foot building on the parcel.