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A new survey of aspiring home owners around the U.S. confirms what Miami renters already know: Rents are so high, there’s not enough money left over to save up for a down payment. According to the first Zillow Housing Aspiration Report (ZHAR), a new semi-annual survey of 10,000 renters from 20 major metro markets across the country, 67.9 percent of people in...
Miami Beach-based Terranova Corp. aims to build a 9,600-square-foot food hall at the intersection of Meridian Avenue and North Lincoln Lane near the Lincoln Road mall. The Lincoln Eatery is slated to debut at 723 Lincoln Lane in Miami Beach in the same building as Marshall’s. Terranova is placing this project in what it calls the next “it”...
This week’s real estate news. When providing visitors a tour of Miami, it’s fun for locals to point out all the construction cranes and run off all the projects under construction. But there are so many buildings sprouting out of the ground that it’s hard to keep track of them all. Now the Business Journal has you covered with our new Crane Watch feature....
What high-end homebuyers seek, and sellers should consider Luxury buyers look for anything but cookie-cutter, while convenience, style and recreation opportunities make the top of their wish list. A ranch-style featuring a designer kitchen, blended living space and mixed-metal trimmings — such a house would embody 2017 luxury, so long as it was also decked out...
The owner of the Bal Harbour Shops has modified its $400 million expansion plans to provide benefits for the village of Bal Harbour, including the construction of public buildings and donated land. Whitman Family Development said its proposed development agreement would provide more than $100 million in benefits to the village. In exchange, it wants approval to...
The company behind Miami-to-Orlando passenger train Brightline has a new milestone under its belt, with the second of five trains arriving in South Florida this week ahead of the project’s local debut this summer. Trainset “BrightPink” embarked on its 3,000-mile journey from Siemens’ Sacramento, California facility to Brightline’s railroad operations center in...
