The newly opened retail and dining spaces of Miami Worldcenter marks a major milestone in the $6 billion development—now the second-largest urban mixed-use project underway in the U.S., second only to New York’s Hudson Yards. Partners plan to continue with billions of dollars of development.
To avoid paying tariffs right away, many companies choose to store products in an FTZ. Technically, the goods haven’t entered the U.S., so no tariffs are due until they leave the zone and are brought into the country.
Grappling with growing issues around affordability, safety, and intense development, here’s a snapshot of the top challenges highlighting the region’s housing struggles.
Additionally, it led the nation in net international migration, gaining 123,835 people from abroad.
The new High Impact Film Fund program includes annual incentives of up to $10 million.
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.
The De La Cruz Collection building closed following the death of Rosa De La Cruz at age 81 in February.
According to the utilities agreement, the new tower will include 750,901 square feet of office and 6,553 square feet of retail.
Miami City Commissioner Manolo Reyes, chairman of the Miami DDA, said the slow progress of the Flagler Street project has harmed downtown area businesses.
If the investor group does formally submit an application, commissioners could, under city procurement rules, elect to open up the property for competitive bids or go to voters with investor’s solo bid.