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Real Estate

PortMiami Cruise Terminal

PortMiami Cruise Terminals getting a $1.5 billion lift, one cruise terminal at a time

PortMiami Cruise Terminals getting a $1.5 billion lift, one cruise terminal at a time PortMiami cruise terminals are getting a new, 21st century look. The view on MacArthur Causeway from downtown Miami to Miami Beach is ever changing. Each cruise company is getting its brand new terminal with a total spending of $1.5 billion combined. A year ago, Royal Caribbean uncovered its new $266-million Terminal...

Home improvement real estate property

Home improvement projects with greatest value for buyers and sellers

Home improvement projects with greatest value for buyers and sellers When it comes to increasing a home’s resale value, not all improvement projects are created equal. The 2019 Home Improvement Report by the National Association of Realtors reveals the top three return-on-investment home projects, it looks at the reasons for remodeling and the increased happiness found in the home once a project is...

Okan Tower Miami files for construction permit to Build 890-foot tower

Okan Tower Miami files for construction permit to Build 890-foot tower Construction of 70-story Okan Tower is moving forward in downtown Miami, which will become the tallest in the city. Turkish developer Okan Group along with contractor Suffolk Construction applied for a construction permit to begin the work, city records show. The application was filed for on September 16, with an expense of $447,944...

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...

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...

Brain Gain: Miami Ranks #1 For Growth In College Graduates, Census Data Shows

Brain Gain: Miami Ranks #1 For Growth In College Graduates, Census Data Shows The college-educated population is growing much faster in Miami than any other city in the U.S., according to a new analysis of census data by Citylab. The study analyzed both the number of college graduates and those with advanced graduate degrees moving to America’s biggest cities. Miami was the top ranked city by both...

Rent reform in New York, California propels new wave of multifamily investors to Miami

Rent reform in New York, California propels new wave of multifamily investors to Miami First, it was tax reform that pushed CEOs, hedge fund managers and other high-net-worth individuals to South Florida. They were lured in by the favorable climate, luxury residential properties and most of all, substantial tax savings. Now, it is the multifamily investors who are heading to South Florida, and for an...

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...

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