Real Estate Trends: Fla. ‘outperformed’ the U.S.
ORLANDO, Fla. – Jan. 27, 2017 — In 2016, Florida’s economy outperformed the nation in part because of better job creation, according to several economists who spoke to a standing-room-only crowd of about 500 Realtors® at the 2017 Florida Real Estate Trends event Thursday during Florida Realtors Mid-Winter Business Meetings. National Association of Realtors (NAR) Chief Economist Lawrence Yun noted that the pace of U.S. home sales in 2016 at 5.5 million was “the best in a decade.” Since it’s nowhere near the 7.2 million sales peak in 2006,...
read moreOne River Point the skyline of Miami’s Riverside Renaissance
ONE RIVER POINT WILL BECOME THE SKYLINE-DEFINING STATEMENT OF MIAMI’S RIVERSIDE RENAISSANCE. PROVING THAT LANDMARK LUXURY IN MIAMI DOESN’T HAVE TO BE BUILT ON SAND. Email us today Call us now Request more info One River Point brings Viñoly’s concept of architecture as performance dramatically to life. Two soaring symmetrical towers join in a stunning glass Skybridge 800 feet above the Miami River. Affording unrivalled vistas of river, downtown, bay and ocean beyond, it achieves a unique synthesis of art and nature in one standout...
read moreS. Fla. was among the top markets for home flipping in 2016
South Florida’s major cities rank high for its percentage of home sales in 2016 that were considered “flipped,” according to new research from Trulia. Fort Lauderdale is the top South Florida on the city on the list, with 8 percent of its home sales considered “flipped” in 2016, ranking the city No. 7 out of 100. Click Full Article for more details. Full Article Save Article Article Feedback Share Article
read moreDow 20,000: The ‘Trump Bump’ And How It All Affects Real Estate
Investors soaring high on the “Trump bump” pushed the Dow Jones industrial average across the 20,000 threshold in the fastest thousand-point gain in the index’s history. Here’s how this milestone will impact the commercial property industry going forward. 1. Strong Real Estate Drivers Investor confidence in President Donald Trump’s anticipated policies — particularly his promises to cut corporate taxes, ease financial regulations and boost infrastructure spending — is driving the post-election rally to the 20,000 milestone. 2....
read moreRoyal Caribbean sails to $1.28B profit in 2016
Royal Caribbean Cruises Ltd. posted record earnings in 2016, buoyed in part by higher ticket prices, increased onboard spending and cost savings, the cruise company said Thursday. The Miami-based cruise operator generated net income or profit of $1.28 billion or $5.93 a share, versus $665.8 million, or $3.02 a share in 2015. Revenue climbed to $8.5 billion in 2016, up 2.4 percent from the previous year. For the fourth-quarter ended Dec. 31, Royal Caribbean generated profit of $261 million, or $1.21 a share, compared with $207 million, or 94...
read moreMiami Targeting Chinese Investors Miami
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 Fabbri said recruiting brokers who can sell Miami to the Chinese is a bit of a challenge because it’s still a new market for investors from the Far East. “We have been able to find agents...
read morePhillip 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 mathematics. “Patricia and I are committed to making Miami a hub for technological and scientific innovation, which is the main reason for our support of basic and applied sciences and...
read moreAmerican 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, senior VP of global real estate and workplace enablement for the financial company (NYSE: AXP), said 3,000 people will work there. Employees in the customer care call center, financial...
read moreMiami 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. “MIA’s continued growth in 2016, especially in the face of severe challenges to tourism locally and throughout our world region, is very encouraging,” said Miami-Dade County Mayor...
read moreFour Season, Private Residences Ft Lauderdale
Introducing Four Seasons Hotel and Residences Fort Lauderdale, where luxury and legendary Four Seasons service combine to create a lifestyle unlike any other on Fort Lauderdale Beach. Rising on the oceanfront, this modern landmark — with striking interiors and exteriors by a world-class team of design visionaries — is intimately scaled at just 22 stories consisting of approximately 150 guest rooms, 42 Hotel Residences, and 44 Private Residences. Email us today Call us now Request more info Email us today Call us now Request...
read moreNike 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 to deliver the best of Nike products and personalized services through a series of unique spaces. Guided by a team of highly trained Nike store athletes, Nike Miami offers personalized,...
read moreRoca 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 the architect. Broker Michael Comras recently suggested that 5th street be renamed Miami Beach Boulevard. Click Full Article for more details. Full Article Save Article Article...
read moreOne Thousand Museum, a piece of contemporary sculpture
DESIGN ONE THOUSAND MUSEUM APPEARS AS A CONTINUOUS PIECE OF CONTEMPORARY SCULPTURE FROM THE PODIUM TO THE CROWN. THE SENSUOUS CURVES OF ITS WHITE EXOSKELETON CREATE A DYNAMIC CONTRAST WITH THE CRYSTALLINE FAÇADE AND DEFINE THE UNIQUE SHAPES OF MAGNIFICENT PRIVATE TERRACES. BUILDING ONE THOUSAND MUSEUM CREATES A SIX-STAR LIFESTYLE WITHIN AN EXCEPTIONALLY ELEGANT PRIVATE RESIDENTIAL TOWER. OVER 30,000 SQUARE FEET OF BEAUTIFULLY DESIGNED VENUES FOR SWIMMING, SUNNING, SOCIALIZING, FITNESS, AND PAMPERING CATER TO FEWER THAN 100 RESIDENCES,...
read morePMG closes On $29m Las Olas Riverfront Site, Apartments & Retail Planned
PMG completed the purchase of a $29 million property at Las Ola Riverfront, where they plan to build an apartment and retail project targeting millenials. The developer has previously said that rents would be about $3 per square foot. The proposed waterfront project is comprised of 2.38 acres of waterfront land and will encompass over two phase millennial targeted rental development with 40,000 square feet of retail. Click Full Article for more details. Full Article Save Article Article Feedback Share...
read moreBrickell City Centre announces free parking, Uber partnership
Parking in Miami’s Brickell area just got to be less of a hassle — and cheaper. Brickell City Centre, the new downtown shopping-and-dining complex, is offering free parking in its underground lots for a limited period. (No word on how long that will last.) An initial free parking period ended in November, when a $3-per-hour charge began. Of course, you could take Metrorail or Metromover; both have stations nearby. Click Full Article for more details. Full Article Save Article Article Feedback Share...
read moreWealthiest Zip Codes
Ranked by ESRI Wealth Rank Locally Researched by: Gilberto Medina, South Florida Business JournalJan 13, 2017, 6:00am EST Tapestry Segmentation provides an accurate, detailed description of U.S. residential neighborhoods, divided into 65 distinct segments based on demographic variables such as age, income, home value, occupation, household type, education and other consumer behavior characteristics. Visit esri.com/tapestry to view definitions for each segment. Click Full Article for more details. Full Article Save Article Article Feedback...
read moreLittle Haiti Will Gentrify Faster Than Any Other South Florida Neighborhood in 2017
A little more than a year ago, activist Marleine Bastien stood outside on a clear December day, waving signs in front of the headquarters of Fanm Ayisyen nan Miyami, her Little Haiti-based women’s rights organization. The group was demanding one thing from the City of Miami: Slow the rapidly snowballing pace of gentrification in the historically working-class Caribbean neighborhood. Thirteen months later, that request appears to have fallen on deaf ears. A host of massive luxury apartment and entertainment complexes is in the works, and...
read moreArtistic Collins Parking Garage in Miami Beach Hadid design coming soon
The Miami Beach City Commission on Wednesday agreed to issue a new request for proposals to build a city-owned garage in the booming Collins Park neighborhood. The planned garage for 340 23rd Street has been on hold for several years after city officials balked at an original proposal submitted by the late architect Zaha Hadid, which city officials said would have cost nearly double what the city had originally planned. While they approved the request for proposals, the commission dropped a residential use requirement that could have led to...
read moreMiami Open Key Biscayne 2017
The Latest from the Miami Open One price, no hassles. Package prices listed are inclusive for two (2) guests, which includes three nights at one of our partner properties, plus tickets to the sessions of your choice for the 2017 Miami Open. One price, no hassles. To reserve or to customize your package with additional nights and tickets, please call our Travel Department at 1.800.725.5472 (inside U.S.) or 305.442.3367 (outside U.S.) or email [email protected] for more information or to book your vacation now. Click Full Article for more details....
read morePatricia Delinois, One21 National Real Estate Speaker
Top Miami Realtor Patricia Delinois began her career in real estate at the age of 19. Patricia was born in Canada, lived in New York and Central America, then moved to Miami. She converses easily in English, Spanish and French. Patricia Delinois went on to start her own company in 1997. Since then, she has worked with hundreds of clients, including international celebrities, business executives, professional, young singles, couples and families. Her primary goal for the expanding company is to never lose sight of its customers’ needs. “We...
read moreThe Fairchild Coconut Grove, Curated Waterfront Living
Inspired by the spirit of Coconut Grove’s first botanical pioneer, we welcome you to The Fairchild Coconut Grove, an organic collaboration between beloved local architect, Max Strang, and celebrated interior designer, Rafael de Cárdenas. The Fairchild Coconut Grove is a collection of twenty-six exceptional waterfront residences with sublime indoor and outdoor amenities, located directly on Biscayne Bay, in the very quiet and private Coconut Grove neighborhood of Glencoe. SUBLIME LOCATION Where boats drift along the bay’s calm warm waters and...
read moreHyde Beach House Hollywood FL
Hyde Beach House pairs a cool urban vibe with the ultimate array of beach-inspired amenities and amazing services to create Hollywood’s hippest, hottest resort-style residences. Set on the vibrant Intracoastal Waterway — just steps from the pristine Atlantic Ocean beach — this brilliantly designed property is the creation of visionary co-developers Jorge Pérez, Chairman and CEO of The Related Group; Carlos Rosso, President of The Related Group’s Condominium Development Division; Arnaud Karsenti, Managing Principal of 13th Floor Investments;...
read moreGrove at Grand Bay, a five star state of the art complex
The Twisting Towers, Grove at Grand Bay will be the first LEED Gold-Certified building in Miami-Dade County. Located in downtown Coconut Grove across from the 15 acre, newly redesigned Regatta Park and a short drive from Brickell, Miracle Mile, Downtown Coral Gables and Merrick Park. Email us today Call us now Request more info Grove at Grand Bay units feature 12 ft floor to ceiling, glass windows that run the full length of the units, 12 ft wide terraces with outdoor kitchens. Amenities include a rooftop pool deck and dense Floridian...
read moreParamount, Miami Worldcenter’s signature tower
What unites PARAMOUNT Residences is the attention to detail used in their making – how every element, interior space and amenity is carefully considered to create a truly uncompromising expression of modern luxury. Not only “the” place to live, Paramount is also the place to find the pulse of any city. Between exceptional amenities and curated events, signature restaurants and private lounges you can discover a “city within a city” concept that brings life and energy into every one of our buildings. In a world that’s ever crowded and...
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