Record residential sales in Miami-Dade on horizon led by $300,000 range
Via $500,000 bites for green cards, Sonic funds first two South Florida drive-ins
Homestead sports complex gets remake as city deal with La Ley nears
As Opa-locka commerce center fills, a hotel might be next
Buying burst eats into downtown Miami condo supply, prices edge up
As visitors to Miami-Dade soar, diners set one record, tourist shoppers spike
With vigor, Coral Gables-based MasTec discovers its great opportunity in energy






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FYI Miami is a weekly feature of Miami Today, keeping readers ahead of the news. Here are highlights from the most current edition.
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   TROLLEY TALK: After postponing the issue at the last regular City of Miami commission meeting, commissioners are to discuss the city trolley program today (4/28). Issues of contention include the prices — $1 regularly, $2 for special events — and operating hours. The trolleys — actually buses to be decorated like classic trolley cars — are to begin with Health/Stadium District and Biscayne/Brickell routes, with plans to add Overtown/Allapattah and Coral Way routes if funds are secured.
   CITY CENTER: Miami commissioners are to vote today (4/28) on a major use special permit for Carlisle Development's $53.3 million City Center. The project, 100 NW 12th St. in Overtown, is to include two 27-story residential towers, a nine-story garage and street-level retail. The two- and three-bedroom workforce housing units are to rent for an average of $810 monthly.
   PLAYHOUSE PARKING: Miami commissioners are to make an initial decision today (4/28) whether to approve a land use change at 3227-3247 Charles Ave. in Coconut Grove from "single family residential" to "low density restricted commercial." This would allow for parking space at the Coconut Grove Playhouse, which is currently closed. Miami-Dade County is mulling plans to reopen the facility.
   TAXABLE SALES UP: Miami-Dade's February total taxable sales, which represent consumer spending on goods subject to state sales tax, rose 5.4% year over year to $3.07 billion compared to $2.97 billion in February 2010, according to the state legislature's Office of Economic and Demographic Research. All Miami-Dade taxable sales categories rose year over year, led by a 6.6% spike in building investment and 6.3% growth in consumer durables taxable sales, which include purchases on big-ticket items such as appliances.
   CHASING BUSINESS: Chase has already selected the firms that will build the 15 to 17 new South Florida branches the bank plans this year, but contractors can still get a piece of the pie. "The long term plans for South Florida [is]… we're looking to open 100 branches over the next four years," said George Acevedo, senior vice president and South Florida market manager. "If there's any construction company or architect or engineer that would like to be considered, they can send me the proposal and I'll get them to the right people in our real estate group." Move quickly: many of Chase's branches are on high traffic corners and the company budgets about $2 million to $4 million per branch.
   
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