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Square Station Miami gets city approval
Despite negative recommendations from staff and the Miami Planning and Zoning Appeals Board, the city commission unanimously approved a zoning change that paves the way for The Melo Group’s Square Station project to move forward. City commissioners were swayed by the developers’ promise to set aside 96 apartments in two proposed residential towers for workforce housing. “I want to thank you for taking it to this level and for the affordability of this project,” said Commissioner Ken Russell. “As we try to develop this neighborhood, we are...
read moreDevelopers to provide affordable housing & transportation incorporated in new projects
During an event Thursday morning featuring an all-female lineup of prominent real estate professionals, developers Lissette Calderon and Avra Jain voiced their support for a Miami-Dade County legislative proposal that would require builders to set aside units for blue collar workers currently priced out of the South Florida market. “We have to have housing that is affordable,” Jain, CEO of the Vagabond Group, told attendees. “This is not a new idea. It’s been done in New York.” In September, the Miami-Dade County Commission is set to vote on...
read moreUber co-founder makes real estate play with Haus
SAN FRANCISCO — Uber co-founder Garrett Camp has launched a new real estate venture called Haus for startup studio Expa, which allows buyers to digitize the making and accepting of official offers on a property. Camp debuted the startup on Thursday,TechCrunch reports. Haus now aims to capture the market for buyers looking for more transparency in the process, by allowing them to see the bidding movement on a property in real time. As the process is structured now, buyers may be told they are in a bidding war, but not have any idea how or when...
read moreMillennials now largest generation in housing market
CHERRY HILL, N.J. – Aug. 2, 2016 – New research from TD Bank reveals that millennials are more conservative with their money than their youth would suggest. In fact, nearly two-thirds are saving cash in order to buy their first home. However, 74 percent of millennials say that saving for a downpayment is still the most significant hurdle to achieving the American dream, according to TD Bank’s second annual First-Time Home Buyer Pulse, which polled more than 1,000 Americans looking to purchase a first home within the next five years....
read moreThey’re back: Teardowns again becoming popular
They’re back: Teardowns again becoming popular WASHINGTON – Aug. 2, 2016 – More builders and private individuals are turning to teardowns to open up lots. They’re eyeing aging homes to demolish and replace with a modern house that they believe will be more appealing to today’s homebuyers. In Houston, the teardown trend is especially evident. Permits for teardowns have climbed 22 percent in Houston this year alone. The National Association of Home Builders (NAHB) estimates that nearly 8 percent of all single-family housing starts...
read moreHousing opportunity through Modernization Act signed. Makes room now for easier Florida condo sales
WASHINGTON – Aug. 2, 2016 – President Obama has signed H.R. 3700 – the “Housing Opportunity Through Modernization Act” – into law. The move paves the way for more condo sales, especially in Florida. First-time buyers will soon find it easier to qualify for a mortgage in more condo developments, and, as a result, more current condo owners will find it easier to move up to a single-family home. The National Association of Realtors® (NAR) hailed the development as a “significant step” in eliminating barriers to safe,...
read morePatricia Delinois featured in the Chronicles of Nardea of 2016
Chronicles of Nardea, written and published by Sara Nardea, is a collection of the Top 20 Most Fascinating Artists of 2016. These talented artists span the globes art scene from New York to Miami and range from painters, fashion stylists, interior designers, musicians, and more. Sara Nardea is a painter, art exhibition curator, journalist, author and publisher, providing you with thousands of words and dozens of pictures drowning in a sea of art, fashion and music. Full Article Save Article Article Feedback Share...
read moreMercedes Demonstrates Technological Prowess with Un-piloted 12-mile Bus Drive –
Luxury Daily As cities bear the brunt of worldwide population growth and the effects of global warming are gradually felt, public transport is a necessity. Focusing on the public transit market as the market poses for growth will keep revenue high while also allowing the brand to show off technology and position itself as a leader. “In luxury, acting as an advancer is expected, particularly considering German engineering,” said Chris Ramey, president of Affluent Insights, Miami. “Luxury demands a higher standard.”...
read moreMiami Beach approves negotiations for $400 million dollar light rail project Miami train
Miami Beach city commissioners on Wednesday directed City Manager Jimmy Morales to begin talks with the French rail firm, Alstom, on an interim agreement that could eventually lead to a light rail system being built in South Beach that could lead to a Baylink system crossing the MacArthur Causeway and connect with a similar system on the mainland. Alstom’s project, called the Greater Miami Tramlink Partnership, is the leading bidder among three the city considered. City commissioners directed Morales to carry out similar talks with the...
read moreAll Aboard Florida Miami may extend to Jacksonville
Brightline The company that is preparing to launch passenger rail service next year between Miami and Orlando via Fort Lauderdale and West Palm Beach eventually may extend the service to Jacksonville. All Aboard Florida (AAF), which expects to launch its Brightline passenger rail service by mid-2017, has formed an affiliated company called AAF Jacksonville Segment LLC. AAF formed the affiliated company to secure rights to run a passenger rail service on the Florida East Coast Railway line between Jacksonville and Cocoa, located east of...
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