Billionaire Citadel founder Ken Griffin is selling a prime strip of Palm Beach’s Worth Avenue for $80.5 million, three years after buying it for $78
Category: Business
Miami-Dade committee advances David Martin’s takeover of Miami Seaquarium
A Miami-Dade County committee gave David Martin’s Terra the green light to take over the troubled Miami Seaquarium in Virginia Key. Now the Coconut Grove-based
Miami ranks second to Dubai in branded residences pipeline
Miami ranks second only to Dubai among global markets for its branded residence pipeline, a newly released report shows. Dubai had 64 completed projects and
Seafood restaurant owners with political pull seek rent break from Miami-Dade County
Citing negative impacts from climate change, Miami-Dade officials may grant a rent break to a politically connected restaurant tenant leasing a county owned waterfront venue.
Downtown Miami Holiday Inn redevelopment site heads to auction for $100M-plus
A distressed Holiday Inn site will hit the auction block next month, signaling a possible jumpstart for redeveloping one of the last major parcels in
Forest Development wins bid to build $325M project near Riviera Beach’s waterfront
The Riviera Beach Community Redevelopment Agency will negotiate the sale of 2.2 acres near the waterfront to Peter Baytarian’s Forest Development to build a mixed-use
Ritz-Carlton, Fort Lauderdale condo association files for bankruptcy
The condo association that governs the Ritz-Carlton, Fort Lauderdale condo-hotel filed for bankruptcy after losing a legal fight with two hospitality investment giants. The Castillo
Strike out! Washington Nationals owner sells Kendall apartment project at $42M loss
The billionaire family that owns the Washington Nationals struck out in the Kendall multifamily submarket. An affiliate of Rockville, Maryland-based Lerner Residential sold Motion at
Cornerstone, Brookstone propose 354-unit multifamily project in Little Havana
The Cornerstone Group and Brookstone Partners propose a 354-unit multifamily tower in Miami’s Little Havana neighborhood, amid an apartment building frenzy in South Florida. Cornerstone
Chetrit’s Pompano Beach condo dev site, Hollywood Beach Resort units head to UCC auction
Chetrit Group’s waterfront condo development site in Pompano Beach and its units at the Hollywood Beach Resort condo are headed to a Uniform Commercial Code