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Category: Business

So long, Miami: Andreessen Horowitz closes South Beach outpost amid doubt over office market’s viability
Business

So long, Miami: Andreessen Horowitz closes South Beach outpost amid doubt over office market’s viability

September 4, 2024September 4, 2024

Venture capital firm Andreessen Horowitz closed its South Beach office, amid looming questions over South Florida’s ability to remain a magnet for out-of-state companies.   Andreessen

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BH and Related score design board approval for oceanfront Pompano Beach condo-hotel project
Business

BH and Related score design board approval for oceanfront Pompano Beach condo-hotel project

September 4, 2024September 4, 2024

BH Group and Related Group can plow ahead with a planned oceanfront condo-hotel project in Pompano Beach after securing a design board’s approval. The Pompano

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Condo owners opposing sale of Pembroke Pines’ Heron Pond complex lose first court fight
Business

Condo owners opposing sale of Pembroke Pines’ Heron Pond complex lose first court fight

September 4, 2024September 4, 2024

A pair of condo owners at the embattled Heron Pond complex in Pembroke Pines lost their first court fight against the receiver’s plan to list

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Barry Sternlicht proposes Bjarke Ingels-designed redevelopment of the Standard Miami Beach 
Business

Barry Sternlicht proposes Bjarke Ingels-designed redevelopment of the Standard Miami Beach 

September 4, 2024September 4, 2024

A group of investors led by billionaire Barry Sternlicht is proposing a luxury overhaul and redevelopment of the waterfront Standard hotel in Miami Beach.  Starchitect

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One Thousand Museum closing tops Miami-Dade weekly condo sales
Business

One Thousand Museum closing tops Miami-Dade weekly condo sales

September 4, 2024September 4, 2024

Miami-Dade County’s condo sales and dollar volume rose last week, while the average sale price and price per square foot fell. Brokers closed 154 condo

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Scaffolding partially collapses at oceanfront Miami Beach condo building 
Business

Scaffolding partially collapses at oceanfront Miami Beach condo building 

September 3, 2024September 3, 2024

A partial collapse of scaffolding at an oceanfront condo building in Miami Beach injured two people on Tuesday afternoon.  The accident happened at Villa Di

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DJ David Guetta sells Setai condo for M
Business

DJ David Guetta sells Setai condo for $16M

September 3, 2024September 3, 2024

A year after going into contract to buy a trophy estate in Indian Creek Village, French DJ and music producer David Guetta sold his Setai

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Publix’s M double play: Grocer adds two Broward shopping centers to South Florida portfolio 
Business

Publix’s $83M double play: Grocer adds two Broward shopping centers to South Florida portfolio 

September 3, 2024September 3, 2024

Publix continues expanding its South Florida portfolio, picking up a pair of Davie shopping centers for a combined $83 million.  The Lakeland-based grocery chain paid

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Invesca lands M loan for rental-to-condo conversion in Pompano Beach, aiming to match demand
Business

Invesca lands $55M loan for rental-to-condo conversion in Pompano Beach, aiming to match demand

September 3, 2024September 3, 2024

Invesca Development Group landed a $55.2 million loan for an apartment-to-condo conversion of a 214-unit complex in Pompano Beach.  The plan to switch the Envy

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Coral Gables teardown, Coconut Grove unit lead luxury contracts in Miami-Dade
Business

Coral Gables teardown, Coconut Grove unit lead luxury contracts in Miami-Dade

September 3, 2024September 3, 2024

Buyers signed contracts to purchase 19 luxury properties in Miami-Dade County last week, a jump in activity at the unofficial end of summer.  The contracts,

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