Global MSC Group plants its US base in Miami’s Overtown
On Overtown land where the City of Miami once planned 1,050 units of affordable and mid-income housing, a global cargo firm and cruise line will invest $100 million to develop…
Southplace City Center fast-tracks 5- to 7-year buildout
Southplace City Center is underway to deliver residential units, updated shopping options and a hotel. The total buildout is likely to be five to seven years, though developers expect the…
Little River project seeks city waivers
A new 12-story mixed-use building is planned for the Little River area of Miami. Little River Cedar Property Owner LLC plans a 12-story building for a site at 7715-7737 NE…
Coconut Grove home prices rise 21% in a year
Coconut Grove’s residential market remains in high demand as the median price for single-family homes increase 21% due to lack of inventory. In September, October and November, said Ron Shuffield,…
Miami OKs 59-story Miami River tower on ‘a really small site’
A new skyscraper is planned for a small riverfront lot in the Brickell neighborhood of Miami. Developer Newgard Development Group plans a 59-story tower at 99 SW Seventh St., a…
Tight inventory, high interest squeeze home sales
Miami-Dade County’s hot residential market prices continue to rise as inventory trends downward. “Our inventory is down 2.8% from a year ago, and sales are down 15.7%,” said Ron Shuffield,…
Vacancies rise in luxury residential rentals
Miami-Dade County’s residential rental industry remains in demand, according to local real estate experts. The one and two stars, and even three stars, which are more entry-level rentals, remain a…
Team to rule on pickleball at Crandon Park Tennis Center
Two mayoral appointments could pave the way for an awaited vote on whether to allow pickleball at Key Biscayne’s 32-acre Crandon Park Tennis Center. A Nov. 20 memorandum from Mayor…
Miami Wilds aim for a water park faces county showdown
A mid-December showdown looms. Environmentalists are fighting for what they claim are endangered plants and animals threatened by a water park that developers seek to build next to Zoo Miami.…
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