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Category: Business

Developer plans 75-unit Live Local Act project in Brownsville, amid surge in proposals under affordable housing law
Business

Developer plans 75-unit Live Local Act project in Brownsville, amid surge in proposals under affordable housing law

August 21, 2024August 21, 2024

A development firm plans a 75-unit Live Local Act apartment project in Brownsville, amid a surge in proposals under the state’s affordable housing legislation.  Miami-based

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Backed by real estate titans, Miami-Dade Mayor Daniella Levine Cava cruises to reelection
Business

Backed by real estate titans, Miami-Dade Mayor Daniella Levine Cava cruises to reelection

August 21, 2024August 21, 2024

Developers and commercial real estate investors are getting another four years of cozying up to Daniella Levine Cava.  Miami-Dade County’s first female mayor cruised to

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Chick-Fil-A plans new cold storage center in Weston
Business

Chick-Fil-A plans new cold storage center in Weston

August 21, 2024August 21, 2024

Atlanta-based restaurant operator Chick-Fil-A won approval to build a new cold storage warehouse and distribution facility in Weston to replace the one the company bought

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Weston rejects rezoning for Gables Residential’s planned 384-unit apartment project
Business

Weston rejects rezoning for Gables Residential’s planned 384-unit apartment project

August 21, 2024August 21, 2024

Gables Residential failed to win a rezoning of the old Bonaventure Resort & Spa site in Weston, 22.5 vacant acres where the Atlanta-based multifamily developer

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The Real Deal picks up top honors at Sunshine State Awards
Business

The Real Deal picks up top honors at Sunshine State Awards

August 20, 2024August 20, 2024

Alleged fraud, foreign buyers and bad behavior among elected officials: The Real Deal’s coverage of these topics won our South Florida reporters top marks at

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Goya Foods scion sells waterfront Gables Estates lot for M
Business

Goya Foods scion sells waterfront Gables Estates lot for $19M

August 20, 2024August 20, 2024

The scion of a family known for its Latin food fortune sold a waterfront lot in Coral Gables’ Gables Estates for $18.5 million.  Records show

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Galbut family pays off 3M construction loan for downtown Miami tower, amid unit closings
Business

Galbut family pays off $213M construction loan for downtown Miami tower, amid unit closings

August 20, 2024August 20, 2024

An affiliate of Galbut Family Office paid off the $213.4 million construction for the Gale Hotel & Residences project in downtown Miami.  Bank OZK provided

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Vanderbilt wants to build a 0M West Palm Beach campus
Business

Vanderbilt wants to build a $520M West Palm Beach campus

August 20, 2024August 20, 2024

Vanderbilt University pitched county leaders on a $520 million campus in downtown West Palm Beach. The Nashville-based “Southern Ivy” officially presented its vision for a

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Palm Beach, Secret Service reach agreement on Mar-a-Lago road closure 
Business

Palm Beach, Secret Service reach agreement on Mar-a-Lago road closure 

August 20, 2024August 20, 2024

One month after the U.S. Secret Service instituted a round-the-clock closure of South Ocean Boulevard in Palm Beach, the agency and the town have reached

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Miami International Mall’s market value plummets to 9M
Business

Miami International Mall’s market value plummets to $159M

August 20, 2024August 20, 2024

Simon Property Group’s Miami International Mall is in precipitous condition.  The struggling indoor retail center ‘s current market value nosedived to $159 million, compared to

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