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Young professionals are increasingly making their homes in the central business district, says a new report by Miami’s Downtown Development Authority: the population has increased 33% since 2010 “and the majority of the population within downtown Miami are highly educated, young working professionals.” Fully 45% are aged 25-44, and more than 50% hold a college...
MIAMI — The Miami single-family home market enjoyed its best August in history, breaking a 22-year record for the most ever August single-family home sales as dollar transaction volume and median prices posted double-digit gains, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system. Miami-Dade...
While Miami may not fare well nationally in important facets of life like safety and affordability, the city clearly knows how to have a good time. Fresh of being ranked the eighth best party city in the world a week ago, Miami just took the No. 3 spot nationally in 2016’s Most Fun Cities in America, according to a study by WalletHub. Their methodology was...
The operators of downtown Miami’s Bayside Marketplace have unveiled a freshened-up look as part of a long-awaited renovation of the nearly 30-year-old festival-style mall and tourist attraction, which for years had been looking tired and even shabby in spots. The extensive face-lift, set to start soon, is the first phase of an overhaul and expansion of the...
Some of fashion’s most iconic brands are collaborating on sky-high Miami buildings with runway-worthy aesthetics. The fashion house Fendi showed valuable foresight in purchasing its three-acre oceanfront property in Surfside well before others saw the town’s amazing potential. Developed in partnership with the Château Group, the Fendi Château residences, which...
It’s no secret that the industry driving South Florida’s billion-dollar tourism business is hospitality. On and off the beach, Miami is teeming with new hotels—some of them global brand expansions, some of them North American debuts. Attracted by the city’s demographics (including its diversity), many luxe international brands, such as Argentina’s Faena,...
