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Higher interest likely, impact unsure

An increase in interest rates would have varying impacts in Miami-Dade County, experts say. A local mortgage-lending firm said that, overall, a hike in interest rates would be negative for mortgage lenders and borrowers and would hinder…

Foreign cash flow diversifying

Foreign cash flow diversifying

Following a slowdown in foreign investment and deposits into domestic banks and stricter US tax regulations, international banking and investment is slowly returning to the area. A dip in foreign…

Gables finally getting downtown remake

After nearly a decade of trying, streetscaping of the heart of downtown Coral Gables could begin by next June, with property owners and the city splitting the $18.8 million cost.…

Firms shortchange airport, penalties on runway

Firms shortchange airport, penalties on runway

Miami-Dade might start penalizing airport contractors who swindle the county after a study of six firms showed that underreported revenues cost the county $1 million. The Aviation Department and an…

Commercial, industrial loan pool grows

Commercial, industrial loan pool grows

As commercial and industrial lending continues to increase, some Miami bankers wonder if the industry might lending its way into trouble. They say competition has heated up as South Florida…

Arsht Center seeks playhouse deal intermission

Arsht Center seeks playhouse deal intermission

Arsht Trust Chairman Mike Eidson wants Miami-Dade County to stop its process of choosing an architectural firm to design a renovated Coconut Grove Playhouse and wait until the end of…

Florida becomes intellectuals’ burial ground

Florida is known as a resting place for those in their twilight years. Now a study of cultural migration over two millennia illustrates the point. Researchers from Texas and Miami…

County Hall travel spending soars 56%

Spending on Miami-Dade County employee travel increased 56% last fiscal year from the prior year. Staff spent about $1.78 million on travel in 2012-13, about $640,000 more than 2011-12. That…

Grove appeal spurs housing price rises

Grove appeal spurs housing price rises

Coconut Grove will always be an appealing place to live, local realtors say, with the vast majority of its single-family homes, condos and townhouses remaining valuable and sought after by…

City may build Miami Worldcenter parking

City may build Miami Worldcenter parking

Ongoing talks could lead to a significant public-private partnership between the developers of Miami Worldcenter and the Miami Parking Authority. If successful, it could mean thousands of new public parking…

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