A Miami-based company has submitted plans to the Urban Development Review Board for a large-scale, mixed-use project on 22 acres it owns in Little Haiti. The Eastridge Special Area Plan (SAP) proposal would replace the Design Place Apartments at 5045 Northeast Second Avenue in Miami. SPV Realty owns the existing apartments, built in 1948. Kobi Karp is the...
The extravagant in-house amenities of Florida’s elite
From curated art collections to exclusive eateries to over-the-top lobbies, these are the latest trends on South Florida’s luxury real-estate landscape. A brilliant laser display will illuminate the sky above the Ritz-Carlton Residences, Miami Beach during Art Basel (126 units, from $2 million). Designed by visual artist Yvette Mattern, “Global Rainbow” beams...
Florida No. 2 for population growth – will real estate markets follow?
The U.S. Census released it 2016 population estimates this week, showing state-by-state growth from 2015 to 2016, and almost nowhere were gains bigger than in Florida. The state’s population made a 367,525-person leap from 20.24 million to 20.61 million – an increase second only to Texas’. However, looking at growth relative to population size, Florida wasn’t...
South Florida Home Prices steadily growing
South Florida home buyers waiting for a price dip, don’t hold your breath. According to the latest report from the S&P CoreLogic Case-Shiller Indices, home prices in the region continued their years-long upward climb in October. The index, which tracks home sales in major metropolitan areas throughout the United States, stated the cost of South Florida’s...
Emirates Airlines launches Fort Lauderdale to Dubai service
Fourteen hours and 20 minutes is a long time to be on a plane. Good thing Emirates Airlines’ planes, now flying from Fort Lauderdale to Dubai, have lie-flat beds, gourmet food and 2,500 channels of entertainment to choose from. The Dubai-based airline made its first transatlantic voyage from Dubai to Fort Lauderdale-Hollywood International Airport Thursday...