Despite efforts by Miami brokerages to establish divisions targeting Chinese investors, agents fluent in Mandarin and Cantonese and who understand the culture are still hard to come by, according to real estate professionals specializing in the Asian market. Addressing a roomful of peers at the Trump National Doral Country Club, ISG International broker Nina...
Phillip Frost’s $100M gift to University of Miami to create Frost Institute
A $100 million gift to the University of Miami by Dr. Phillip Frost, South Florida billionaire and CEO of biotechnology firm Opko Health (Nasdaq: OPK), will be used to create the Frost Institute for Science and Engineering. The institute will work to help solve some of the world’s “most pressing problems” by elevating STEM — science, technology, engineering and...
American Express opens $200M employment center in Sunrise
American Express has completed its 400,000-square-foot operations center in Sunrise, where plans to employ 3,000 people. American Express will employ 3,000 people at its new Sunrise office. The massive building at 1500 N.W. 136th Avenue is 888 feet long and is situated on a 40-acre site where 675 trees were planted and a lake was dug. Suzanne Heidelberger,...
Miami International Airport reports record passengers for 7th consecutive year
Miami International Airport in 2016 broke its all-time record for number of passengers, with 44.6 million travelers passing through its terminals last year. That’s an increase of 234,000 passengers over 2015, the airport said Monday. It’s the seventh consecutive year that MIA has broken its own record for its total number of travelers....
Nike Miami Opens, Delivering Future of Sport Retail
MIAMI BEACH, Fla.–(BUSINESS WIRE)–NIKE, Inc. (NYSE:NKE) will open Nike Miami, its newest retail experience tomorrow, Thurs., Jan. 19. The two-story, multi-sport store is digitally connected across more than 31,000 sq. ft., and is located at 1035 Lincoln Rd., in the heart of the City of Miami Beach’s shopping district. The new Nike Miami is designed...
Roca Hotel Now Under Construction On 5th Street In South Beach
A hotel is under construction on the corner of 5th Street and Michigan Avenue in Miami Beach. Signs at the property say that it will be called Roca Hotel. A website advertised at the site is blank, but was registered by RG Group. The property size is 14,000 square feet, and permits state that there will be 27,000 square feet of new construction. Kobi Karp is...