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Category: Business

Dead deal: Related Urban cancels mixed-use project at former Homestead city hall
Business

Dead deal: Related Urban cancels mixed-use project at former Homestead city hall

February 5, 2025February 5, 2025

After nearly four years of negotiations, Related Urban is backing out of a pending deal to partner with the city of Homestead on a major

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Kolter Group, BH list oceanfront Miami Beach condo dev site with whisper price of 0M
Business

Kolter Group, BH list oceanfront Miami Beach condo dev site with whisper price of $110M

February 5, 2025February 5, 2025

A joint venture between Kolter Group and BH Group is looking to sell an oceanfront development site in Miami Beach for a big profit.  Delray

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Lennar proposes 192 single-family homes, as south Miami-Dade development rush continues
Business

Lennar proposes 192 single-family homes, as south Miami-Dade development rush continues

February 5, 2025February 5, 2025

Lennar proposes 192 single-family homes in two projects in south Miami-Dade County, as developers continue to target the area.  Miami-based Lennar wants to develop Rodan

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Resi roundup: NFL star Jeremy Shockey buys Bay Point home
Business

Resi roundup: NFL star Jeremy Shockey buys Bay Point home

February 5, 2025February 5, 2025

In the latest roundup of South Florida luxury residential deals, a former football star bought a home in Miami. Deals spanned Miami to Palm Beach,

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Sloans Curve closing tops Palm Beach County weekly condo sales 
Business

Sloans Curve closing tops Palm Beach County weekly condo sales 

February 5, 2025February 5, 2025

Palm Beach County’s condo sales and dollar volume surged last week. Brokers closed 89 condo sales totaling $61.3 million from Jan. 26 to Feb. 2.

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Deauville redevelopment secures Miami Beach planning board’s blessing 
Business

Deauville redevelopment secures Miami Beach planning board’s blessing 

February 4, 2025February 4, 2025

The Meruelo family and David Martin are one step closer to securing approval to build on the former site of the Deauville Beach Resort in

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Mint Developers plans 0M Sonesta supertall in downtown Miami 
Business

Mint Developers plans $850M Sonesta supertall in downtown Miami 

February 4, 2025February 4, 2025

Mint Developers is teaming up with Sonesta International Hotels on the James Hotel & Residences, a planned supertall in downtown Miami.  The two companies revealed

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Progressive heir sells waterfront Venetian Islands spec home for M
Business

Progressive heir sells waterfront Venetian Islands spec home for $20M

February 4, 2025February 4, 2025

Progressive heir Daniel Lewis sold a waterfront spec home on Miami Beach’s Venetian Islands for $19.5 million, marking the latest in a string of pricey

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Ira Giller aborts Miami Beach project, sells dev site to Miami jewelers planning bigger development
Business

Ira Giller aborts Miami Beach project, sells dev site to Miami jewelers planning bigger development

February 4, 2025February 4, 2025

Ira Giller canceled plans for a Miami Beach mixed-use building, after selling his development site to jewelers assembling land for a larger project, The Real

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Industrial gain: TA Realty sells Miami-Dade warehouses for M, more than double its purchase price in 2019
Business

Industrial gain: TA Realty sells Miami-Dade warehouses for $22M, more than double its purchase price in 2019

February 4, 2025February 4, 2025

Fresh off buying a Blackstone Opa-Locka industrial portfolio for nine figures, TA Realty sold a nearby warehouse complex for $22 million, marking a sizable gain. 

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