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Front Page » FYI Miami » Fyi Miami

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Written by on January 17, 2013

FYI

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   BAYWALK MARCHES ON: The Miami City Commission last week awarded a $9.4 million contract to FHP Tectonics Corp. for its Museum Park Baywalk and Promenade Project, which Capital Improvements Director Mark Spanioli said is to do all improvements at Museum Park including the Baywalk and Promenade that runs behind the museums. The contract was originally to go to Munilla Construction Management Co., but controversy arose when city Procurement Director Kenneth Robertson found the company did not meet the requirements set forth by the city code to give preference to a firm with a local

   office. The contract with FHP, Mr. Spanioli said, meets the requirements for local workforce

   TOWER THEATER UPGRADE: The rehabilitation of the Tower Theater in Little Havana, operated for the past decade by Miami Dade College as a multi-screen movie theater, can now be underway as the Miami City Commission last week approved a $660,000 grant from federal funds for its improvement. The theater at 1508 SW Eighth St., known for its 40-foot steel tower, is one of Miami’s oldest cultural landmarks. It opened in December 1926 as what was called the finest state-of-the-art theater in the South and later served as a historic gathering place for cultural connections in Little Havana. The theater closed in 1984, was remodeled again under city ownership in 2002 and turned over to the college under a management agreement.

   AVENTURA RECORD: The sale of a 2,600-square-foot unit at Bellini Williams Island at $760 per square foot to a European couple has marked Aventura’s highest condo sale per square foot since 2008. The condo is on the top floor. Bellini Williams Island, a Martin Z. Margulies development, is a 23-story tower comprising 70 residences. The project was topped off in November and is on schedule for completion in

   May 2013.

   CANADIAN ACQUISITION: A limited liability company from Canada has purchased a 24,894-square-foot building at 3600 LeJeune Road for $6,590,000. The property is leased by Office Depot through September 2018. Marcus & Millichap Senior Associate Scott C. Sandelin had the exclusive listing to market the property on behalf of the seller, a real estate investment trust based in New York. Mr. Sandelin also represented

   the buyer.

 

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