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Tag: development

Fraud accusations fly in Miami waterfront dev site foreclosure suit
Business

Fraud accusations fly in Miami waterfront dev site foreclosure suit

March 4, 2025March 4, 2025

A lender is accusing Gomez Development Group and Avenue 4 Partners’ joint venture of engaging in fraud to obtain a $10 million loan.  An affiliate

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Integritas proposes 57-story hotel, apartment tower in Fort Lauderdale, as investment in the city intensifies
Business

Integritas proposes 57-story hotel, apartment tower in Fort Lauderdale, as investment in the city intensifies

March 4, 2025March 4, 2025

Integritas Capital proposes a 57-story tower with apartments and a hotel in Fort Lauderdale, as investment and development intensifies in the city.  The New York-based

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David Beckham, partners in B Miami Freedom Park allegedly owe 0K in pre-construction services
Business

David Beckham, partners in $1B Miami Freedom Park allegedly owe $590K in pre-construction services

March 3, 2025March 3, 2025

Development of the $1 billion Miami Freedom Park is off to a rough start with a contractor alleging its owners haven’t paid a past due

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Related scores funding from city of Miami for 98-unit affordable housing project in Flagami
Business

Related scores funding from city of Miami for 98-unit affordable housing project in Flagami

February 28, 2025February 28, 2025

Jorge Pérez’s Related Group scored an up to $5.7 million loan from the city of Miami for a 98-unit affordable housing project for senior residents

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Industrial vs yachts: Boat storage owner plans to replace Dania Beach marina with spec warehouses
Business

Industrial vs yachts: Boat storage owner plans to replace Dania Beach marina with spec warehouses

February 28, 2025February 28, 2025

The owner of a boat storage facility in Dania Beach plans to replace the property’s marina with two spec warehouses. Banyan Bay Marine Center won

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MMG Equity scores approval for 38 townhouses on West Kendall site previously planned for apartments
Business

MMG Equity scores approval for 38 townhouses on West Kendall site previously planned for apartments

February 26, 2025February 26, 2025

MMG Equity Partners scored approval for a complex with 38 townhomes and retail in West Kendall, marking a change from its previous plan for apartments. 

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Block Capital’s Wynwood dev site hits market with M asking price
Business

Block Capital’s Wynwood dev site hits market with $16M asking price

February 26, 2025February 26, 2025

The Miculitzki family’s Block Capital is looking to shed a prime development site in Miami’s Wynwood neighborhood.  Miami-based Block Capital is listing a 16,866-square-foot retail

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Developer plans 750-unit multifamily project in Hallandale Beach, amid continued redevelopment of South Florida mobile home parks 
Business

Developer plans 750-unit multifamily project in Hallandale Beach, amid continued redevelopment of South Florida mobile home parks 

February 25, 2025February 25, 2025

A developer could replace the Seville Mobile Home Park in Hallandale Beach with a 750-unit mixed-use, multifamily project, amid a surge in the redevelopment of

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Pompano Beach Porsche dealership scores M construction loan for new showroom and offices
Business

Pompano Beach Porsche dealership scores $52M construction loan for new showroom and offices

February 24, 2025February 24, 2025

Champion Porsche is fueling up construction of its new Pompano Beach home after nabbing a $52 million loan. Wells Fargo Bank provided the financing to

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The Weekly Dirt: Flip side of the Trump bump
Business

The Weekly Dirt: Flip side of the Trump bump

February 23, 2025February 23, 2025

President Trump’s tariff threats and immigration policies will likely hit the construction industry.  Though few South Florida developers want to talk about it (at least

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