• Why a giant new slide is so important to Aventura Mall — and what it’s like to ride it

    That giant 93-foot glass-and-steel slide that’s been tantalizing shoppers at Aventura Mall for months is finally ready to ride. The “Aventura Slide Tower,” which was designed by German sculptor Carsten Höller and the Miami firm Permuy Architecture, opened to the public Dec. 15 — the crowning touch in the first…

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  • Ronny Finvarb pays $19M for Citibank building in South Beach, plans hotel

    Developer Ronny Finvarb paid $19.2 million for a Citibank branch building in South Beach where he plans to build a 150-room hotel, sources told The Real Deal. The Finvarb Group bought the property at 1685 Washington Avenue, which is across the street from the New World Center and the Fillmore…

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  • Turnberry Associates scores $259M construction loan for Turnberry Ocean Club

    Turnberry Associates just scored a $259 million construction loan for Turnberry Ocean Club Residences, the luxury condo tower rising in Sunny Isles Beach, The Real Deal has learned. At least seven months in the making, the loan from Bank of the Ozarks closed on Friday, a spokesperson for Turnberry told…

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  • Miami inches closer to multimillion-dollar riverfront development deal

    The city of Miami inched one step closer Thursday to a multimillion-dollar quid pro quo that would land it a new administrative building and parking garage, while facilitating the construction of a $465 million mixed-use project on the site of its current headquarters on the north bank of the Miami…

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  • Ronny Finvarb snags $27.6M construction loan for new South Beach Kimpton hotel

    Ronny Finvarb has nabbed a $27.56 million construction loan for his new Kimpton hotel on Alton Road in Miami Beach, The Real Deal has learned. Finvarb, principal of the Finvarb Group, told TRD that TotalBank is the lead lender, with participating lenders Floridian Community Bank and Apollo Bank. The financing…

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  • ABI February 2017: Business conditions bounce back

      Firms find research, particularly on building materials, to be important to their practice Architecture firm billings bounced back in February, following a slight decrease in January. Architecture firms reported modest growth for the month, as the ABI score rebounded to 50.7 (any score over 50 indicates billings growth). Inquiries…

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  • South Florida apartment/condo developers flock to Tampa Bay

    “It was just a completely different city,” Guerra said, invoking a place that not only had survived the recession but seemed to be thriving. Guerra’s company, Coral Gables-based Altis Cardinal, bought a nondescript high-rise apartment building in the Historic Kenwood area four years ago and renovated it into the upscale…

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  • Impact glass giant Raul Casares, who ‘changed the South Florida skyline,’ dies at 82

    Raul Casares, the president of one of the nation’s largest window and sliding glass door companies, and his daughter Ingrid, the South Beach nightclub impresario who was so close to Madonna she could call the superstar simply “M,” used to drive along Brickell Avenue and play Spot the Glass. “We…

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  • Brickell’s boom continues to inch westward

    A development company plans to build a mixed-use residential tower on Southwest Second Avenue, about a block and a half east of I-95. Maizon is to be a 24-story tower, home to 262 apartments, about 15,000 square feet of ground floor retail uses and parking for about 366 vehicles. The…

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  • Miami Urban Development Review Board green lights three major projects

    Miami’s Urban Development Review Board gave the thumbs up to three mixed-use projects in Brickell, Coconut Grove and Little Havana. The board voted 4-0 to recommend approval for Zom’s new apartment tower in the Brickell neighborhood. The board’s Wednesday vote allows the Orlando-based developer to now seek the go-ahead from…

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