Written by Miami Today on July 24, 2003
Miami is a weekly feature of Miami Today, keeping readers ahead
of the news. Here are highlights from the most current edition.
NEW HOME: SecureSoftware has relocated to Miami from Paris. The new headquarters at 800 Brickell Ave. will house 10 of the company’s 320 employees. SecureSoftware makes software that protects computer files from being misused or copied. It recently launched a program that permanently removes data from a computer’s hard drive. The company, founded in 1999, has branches in South America and Europe and plans to expand into Asia, Africa and Australia.
PRICE POINTS: Consumer prices in the Miami-Fort Lauderdale region rose 2.9% in the year ended June 30 while those in most US cities rose 2.1%, the Bureau of Labor Statistics reported last week. Prices here are 1.7% below the national average and fell 0.7% from April to June – compared to a 0.1% decline nationally.
COLONNADE LEASE: Financial-services company John Hancock has leased 10,883 square feet at The Colonnade, 2333 Ponce de Leon Blvd., that had been vacant for more than a year.
COMMERCIAL MANAGER: Real-estate firm Cushman & Wakefield has been retained by Washington developer Starwood Urban LLC to manage about 200,000 square feet in 10 Coral Gables and Miami Beach buildings. As of July 21, Cushman & Wakefield manages 70,000 square feet of commercial space on Miracle Mile, where Starwood is the largest property owner.
PRESERVING CORAL WAY: A master plan for Coral Way is to be presented today (7/24) to the Miami City Commission. A combined study from the offices of commissioners Joe Sanchez and Tomas Regalado and consulting firm Kimley-Horn and Associates creates a vision from the roadway from Southwest First to 37th avenues. Planning began in March 2001 and included neighborhood meetings. The plan, if adopted, would be a tool for development and preservation of the corridor.
WESTSIDE PITCH: Westside Lofts – billed as an intimate, 15-unit, eight-story loft project – was to open a sales center Wednesday (7/23) at 1312 14th Terrace in Miami Beach. Florida Marlins second baseman Luis Castillo and ex-Marlins shortstop Edgar Renteria, now with the St. Louis Cardinals, are partners in the development with The Royal Bay Group. Royal Bay President Robert Thorne said Westside Lofts is in South Beach’s West Avenue corridor. He said residences, priced from $399,000 to $495,000, would sport soaring 18-foot ceilings, kitchens with European cabinetry and individual rooftop cabanas and a whirlpool. "The demand for this project," Mr. Thorne said, "has been incredible, with more than 50% of the residences already sold." Groundbreaking, he said, is set for October with completion scheduled for fall 2004. Details: (305) 672-7722.
PROMOTED: Alan Becker, a shareholder at Fort Lauderdale law firm Becker & Poliakoff P.A., has been upgraded to honorary consul general for the Czech Republic in Florida by the country’s prime minister Vladimir Spidla and foreign minister Cyril Svoboda. The officials, who visited Miami last week, praised Mr. Becker – who had been serving as honorary consul – for his "keen understanding of Czech economic, cultural and political interests" and for working hard to strengthen ties between the US and the Czech Republic.
JUNIOR OLYMPICS: The USA Track and Field National Junior Olympics is expected to bring 8,000 people and $20 million to Miami-Dade County this month. The event will be July 29-Aug. 5 at Tropical Park Stadium. Last year, a similar Junior Olympics event in the county brought in 3,500 people and $5 million.
MARKETING YOUR BUSINESS: Florida Atlantic University’s Small Business Development Center plans a seminar, "Marketing Plan for Your Business," from 6:30-9:30 p.m. Friday at Chamber South, 6410 SW 80th St., South Miami. Ruby Ortiz, business analyst for the center, is to lead the session. Cost is $25. Details: (786) 388-9040.
FREE TREES: Miami-Dade County’s Department of Environmental Resources Management will give homeowners with identification and proof of ownership two free trees 10 a.m.-2 p.m. Saturday at Coconut Grove Convention Center, 2700 S Bayshore Drive. Renters who have permission from landlords to plant trees must show proof of permission plus identification and proof of residence. Choices include mango, inkwood, lancepod, carambola and Jamaican dogwood. Details: (305) 372-6555.
OFFICE EXPANSION: Commercial real-estate firm Holliday Fenoglio Fowler LP will expand its Miami office to serve as regional headquarters for its Florida and Southeast operations, it said. The group has expanded its office space on the penthouse level of Two Alhambra Plaza in Coral Gables, where it will bring its Boca Raton operations, the company said. Holliday Fenoglio has been involved in a sale of Mizner Park in Boca Raton; equity and debt financing for the Akoya, Jade and Waverly condominiums in Miami; sales of Esperante Tower in West Palm Beach and Grand Bay Plaza in Miami; and financing for Two Alhambra Plaza and The Colonnade office towers in Coral Gables.
THAT’S ENTERTAINMENT: Bankers who want to learn about entertainment contracts and financing intellectual property can attend a Tuesday breakfast meeting of the Miami Beach-based Entertainment Industry Incubator. Speakers will include Miriam Benard, assistant vice president of private banking for BankUnited, and attorneys Ozzie Torres of Akerman Senterfitt and Louis Tertocha, chairman emeritus of the Florida Bar’s Entertainment, Arts and Sports Law Section. The meeting is at 8:15 a.m. at the Rod and Reel Club on Hibiscus Island. Cost is $10. Details: (305) 672-9297.
EMERALD GLOWS: Construction of the 27-story condominium tower Emerald at Brickell is to begin in October and should be completed in December 2005, developers said. The building, at 218 SE 14th St., will have 142 units that will be priced at $250,000 to more than $1 million. Developers SunVest Resort Communities and Hamilton Investment Group LLC say it is 40% sold.
MIAMI-RWANDA LINK: Miami-Dade County Public Schools are sponsoring an exchange with a Rwanda high school. The Rwandan student, teacher and parent recently arrived in Miami and will spend two weeks here, and a Miami-Dade high-school student is to leave Aug. 15 for two weeks in Rwanda. A $50,000 grant from the Kellogg Foundation and a $150,000 grant from the US Agency for International Development fund the program. The school board plans an exchange program with Nigeria next year.
SMALL-BUSINESS SEMINARS: Florida Atlantic University’s Small Business Development Center will offer workshops in August for those interested in starting or developing a small business. "Marketing Plan for Your Business" will take place Aug. 1 and "Getting Your Business Up and Running" is scheduled for Aug. 12 and will carry a fee. "Introduction to Business Plan" Aug. 13 and "Creating Effective Promotion and Advertising for Your Business" Aug. 18 are free. Details: www.fausbdc.com.
NEW LEASE: Millenium MM Inc., a freight-forwarding company, has leased 21,946 square feet of office and warehouse space at Big Six Industrial Center, 10925 NW 27th St. Ron Berger, broker for landlord AJA Properties No. 4 Ltd. and managing director of Insignia/ESG, said the total value of the 41-month lease is more than $460,000.
CORRECTION: A story in Miami Today’s July 17 edition inaccurately described action taken by Miami city commissioners to finance expansion at Goodwill Industries of South Florida. On July 15, city commissioners approved applications for a $1.5 million brownfield grant and a loan for up to $3 million from the US Department of Housing and Urban Development.