FYI Miami: October 23, 2014
BRICK BY BRICK: Progress on demolition of the old Miami Herald building downtown might be difficult to see but the property owner says the skeletal hulk is coming down and there is every intention to replace it with residential towers, shops and more. Asked about the status of the demo work and the planned Resorts World Miami, company spokesperson Heather Krasnow released this statement Tuesday: “We continue to work through the demolition of the structure and preparing the site for development as a mixed use project, we expect the demolition to be complete in the coming months.” Malaysia-based Genting Group purchased the 14-acre newspaper site in 2011 for $236 million. It purchased surrounding properties and announced plans for a sweeping $3 billion luxury casino with multiple towers, stores and an elevated beach and lagoon. Without winning OK for a casino, however, the plan has been scaled back to two residential towers, a hotel and retail. The Herald vacated the bayfront building in May 2013.
NORTH BEACH TROLLEY NEAR: On Oct. 29, the City of Miami Beach will welcome its second free on-street trolley route, this time along a North Beach loop. The line, which joins the Alton West Loop as a free transit offering, will make stops from 65th Street north to 88th Street and west to Normandy Isle. The trolley is to run Monday-Sunday from 8 a.m. to midnight, 365 days a year. Four trolleys outfitted with free Wi-Fi are to be in service at all times. “We hope residents will take full advantage of this free, alternative mode to get around their neighborhood, and look forward to offering our many visitors a convenient way to explore the beauty of North Beach,” said Mayor Philip Levine in a statement.
UM ‘NFL’ MBA: The University of Miami School of Business Administration has developed a new executive MBA program designed primarily for professional artists and athletes. The Miami Executive MBA for Professional Artists and Athletes, which begins in February, will teach these accomplished individuals, many of whom have strong personal brands, how to leverage their career success into business and social achievement. Because the program is expected to draw many players from the National Football League, classes will be held during the league’s off-season. The 18-month program consists of six two-week residency modules at the school’s main campus in Coral Gables. The program has the same curriculum as the school’s existing Global Executive MBA program, which meets on a similar schedule. Details: www.bus.miami.edu