Shoma details residences at Deel Volvo site

MiamiTodayNews.com (Real Estate) 5/10 5:00P John Charles Robbins

Miami-based developer Shoma Group has purchased a 2.5-acre site at 3650 Bird Road, currently home to Deel Volvo, near Coral Gables for $34 million. The property is to become the site for a mixed-use residential project called Shoma One, with 391...

Three-building Flagler Street complex underway

MiamiTodayNews.com (Real Estate) 5/3 5:00P John Charles Robbins

Work has begun on a major mixed-use development that is bringing new apartments, office space and commercial uses to nearly a full block hugged by West Flagler Street and Northwest First Street in Miami. The development is composed of three...

Melreese soccer stadium impact on airport still unresolved

MiamiTodayNews.com (Real Estate) 4/26 5:18P Gabriela Henriquez Stoikow

A new Miami-Dade Aviation Department draft report to the mayor, to which Miami Today got access, points to unresolved potential impacts on Miami International Airport from a proposed soccer stadium, food and beverage stores, offices, a hotel,...

City review narrowly recommends major Wynwood project

MiamiTodayNews.com (Real Estate) 4/26 5:12P John Charles Robbins

A developer plans to construct a major mixed-use residential project that will include new office space and nearly 40,000 square feet of commercial uses in the Wynwood Arts District. LIV WRK Wynwood is proposed for a site at 2400 and 2500 N Miami...

New Jersey developer’s Wynwood residences get approval

MiamiTodayNews.com (Real Estate) 4/19 5:00P John Charles Robbins

A New Jersey-based development company with more than 3,000 rental apartments in three states is planning to construct a midrise mixed-use residential project in the Wynwood Arts District. The plan was considered April 12 by the Wynwood...

Speakeasy plan pushed for Gold Dust Motel

MiamiTodayNews.com (Real Estate) 4/12 5:09P John Charles Robbins

Developer Avra Jain, whose company has revived historic properties with bars and motels along Biscayne Boulevard, says it’s time to bring back the speakeasy. As a part of that quest, GD 7700 Property Investment LLC made a request for an exception...

Miami voters to weigh in on century-long Riverside Wharf lease

MiamiTodayNews.com (Real Estate) 4/5 5:12P John Charles Robbins

City of Miami voters will get a second chance to weigh in on a vast mixed-use downtown project at an August special election that would add a luxury hotel and a site lease up to a century. In December, MV Real Estate Holdings, along with...

8-story sister Wynwood office buildings get OK

MiamiTodayNews.com (Real Estate) 3/22 5:15P John Charles Robbins

As the popular Wynwood Arts District evolves it is enjoying a boom in new office space, including a large mixed-use project that will bring a working campus of two 8-story sister buildings at Northwest Fifth Avenue and 27th Street. WYN ON 5TH...

Miami construction costs soaring as land, materials, labor prices surge

MiamiTodayNews.com (Real Estate) 3/15 5:15P Kylea Henseler

Despite supply chain issues and increases to the cost of labor, land and building materials, local contractors say demand for construction is still high. “In the past 12 months, the cost of a typical construction project in Miami probably...

New-to-market tenants spur Wynwood office demand

MiamiTodayNews.com (Real Estate) 3/8 5:09P Monica Correa

Wynwood is becoming Miami’s busiest office submarket as demand for space is far surpassing current supply due to its attractive live-work-play environment, with more than 80% of its recently leased office tenants being new-to-market and a million...

Major Overtown affordable housing project wins OK

MiamiTodayNews.com (Real Estate) 3/1 5:12P John Charles Robbins

The first phase of a major project to bring affordable housing to Overtown has won unanimous approval recommendation from Miami’s Urban Development Review Board. Culmer Place is to rise at 800 NW Fifth Ave. and provide attainable mixed-income...

Public-private Riverside Wharf heads for groundbreaking

MiamiTodayNews.com (Real Estate) 2/22 5:00P John Charles Robbins

A major mixed-use project, Riverside Wharf, is on schedule to break ground this year in downtown Miami and open in 2025. Everything has been on track and moving forward since the project launched at the end of 2021, said the developer in an email...

Downtown Miami’s 32 office buildings 24% vacant

MiamiTodayNews.com (Real Estate) 2/15 5:15P Monica Correa

Downtown Miami is not experiencing office space reduction but growth, as a variety of buyers and renters are coming to the area from all parts of the globe, despite some negative net absorption in the market at the end of 2021. Downtown Miami has...