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830 Brickell Miami’s first new commercial tower in 10 years 

830 Brickell Miami's first new commercial tower in 10 years OKO Group, the US-based development company founded by international real estate and hotel magnate Vladislav Doronin, and Cain International, a privately held real estate investment firm, have revealed plans for 830 Brickell, the first new office tower to launch in Miami in nearly ten years. Aiming to upend the premium office market with high...

Over 100 units closed already at Paramount Miami Worldcenter only few weeks after opening

Over 100 units closed already at Paramount Miami Worldcenter only few weeks after opening Closings started at Paramount Miami Worldcenter and it looks like a quick and promising success for the project developers. Over 100 condo units have closed already in the downtown Miami giga project, Miami-Dade county records show. Closings started in late August and were hindered by Labor Day (Hurricane Dorian...

Miami Developers incentivize younger, local condo buyers with lower deposits

Miami Developers incentivize younger, local condo buyers with lower deposits Historically when traditional development loans were in short supply, local condo developers shifted financing on buyers by requiring 50% deposits. Today, many developers are lowering their requirements, sometimes to as little as 10 percent. Thank the expansion in more youthful household purchasers, bounteous stock and the...

Sales Gallery For Miami’s 98-Story Supertall Waldorf Astoria Tower To Open In Early 2020

Sales Gallery For Miami's 98-Story Supertall Waldorf Astoria Tower To Open In Early 2020 Miami’s supertall 98-story Waldorf Astoria Hotel and Residences will soon have a sales gallery open, representatives of the developer said. The $1 billion Waldorf tower will become Miami’s tallest at 1,041 feet above ground when completed. The Sales gallery for The Residences at Waldorf Astoria Miami is...

Brickell Twin Tower hotel set to break ground with multimillion-dollar budget

Brickell Twin Tower hotel set to break ground with multimillion-dollar budget A dual-branded, twin tower hotel coming to Brickell received a $67 million construction loan. Expected by mid-2021, its developer said it will be targeted to extended-stay guests and positioned slightly below neighboring luxury hotels the Mandarin Oriental and JW Marriott Marquis. City National Bank of Florida endorsed a home...

Island Bay Proposed By Melo Group In Edgewater With 782 Units In Twin 60-Story Towers

Island Bay Proposed By Melo Group In Edgewater With 782 Units In Twin 60-Story Towers Melo Group has filed new plans to build a massive twin-tower Edgewater project called Island Bay, which could become the biggest ever condo development for the company. Twin towers would rise 60 stories, or 648 feet above ground. That matches or exceeds the height of the tallest buildings planned or completed in the...

First Look Inside 60-Story Paramount Miami Worldcenter As Condo Buyers Begin Moving In

First Look Inside 60-Story Paramount Miami Worldcenter As Condo Buyers Begin Moving In The 60-story Paramount Miami Worldcenter was completed last month, and the first condo sales began showing in official county records last week. Hundreds of new residents will soon begin moving into the 700-foot tower, which includes 569 residential condos. Buyers from 56 countries around the world have contracts to buy...

Approval of additional oceanfront height opens door for new development

Approval of additional oceanfront height opens door for new development Miami Beach Commissioners this week paved the way for developer Michael Shvo to combine the iconic Raleigh hotel with the adjacent Richmond and South Seas hotels into one development site which then would allow him to build a residential tower behind the Richmond and South Seas. Shvo owns the Raleigh at 1775 Collins Avenue and is...

Miami Beach agrees to let developer build at higher density in exchange for $15M park

Miami Beach agrees to let developer build at higher density in exchange for $15M park The two-block stretch of Miami Beach’s Ocean Terrace is now the future site of a $15 million public park space. Miami Beach Mayor Dan Gelber and city commissioners gave unanimous approval Wednesday to a deal involving a notable trade: In exchange for the city vacating street and sidewalk space in addition to altering...

Downtown Miami Getting A Lighted Baywalk As A Super Bowl Legacy Project

Downtown Miami Getting A Lighted Baywalk As A Super Bowl Legacy Project Downtown Miami’s baywalk will soon be lighted as part of a project too be built ahead of the Super Bowl to be hosted here in 2020. Local officials are raising over $40 million to host the Super Bowl, including at least $14 million from Miami-Dade County alone. The city of Miami is also contributing......

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