• Preconstruction condos emerge as SoFla darling

    Some six years after the South Florida real estate market began to collapse, preconstruction condo units emerged once again as the investment darling of the local market in 2013. The seemingly endless influx of foreign buyers from Latin America, Western Europe and Russia willing to hand over 50 percent deposits…

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  • SoFla real estate firms ramp up in 2013

    Encouraged by the resurgent South Florida market, many real estate firms expanded their presence in the region in 2013. Major companies like Avison Young, Douglas Elliman Florida and Related ISG International Realty ramped up in South Florida this year. Industry employment surged throughout the state. Year-over-year real estate sales, leasing…

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  • Brickell’s new construction boom a surprise to developers

    Real estate development’s rapid rebound in Brickell, with undertakings such as the $1.05 billion Brickell CityCentre and several high-profile condominium projects, has come as a pleasant surprise even to developers. Last week, the Rilea Group broke ground on the Bond, a 43-story, 328-unit condominium project at 1080 Brickell Avenue. Diego…

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  • Miami business leaders bullish on local real estate market: survey

    Almost 60 percent of Miami business leaders recently surveyed by law firm Bilzin Sumberg expect to see investment pour into real estate over the next 12 to 18 months. According to the New Miami Investment Survey, which was commissioned by Bilzin and surveyed 200 local executives, condominium homes (33 percent…

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  • Miami metro area construction contracts up 62 percent through October: report

    Contracts for nonresidential and residential future construction in the Miami-Fort Lauderdale-Miami Beach metro area are up 62 percent for the year to date, according to data released by McGraw Hill Construction. For the year to date, total contracts have reached $4.73 billion, up from $2.91 billion in the same period…

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  • New art fair for Wynwood

    Art Miami will launch a new art fair in the spring, dubbed Art Wynwood. The program, which will be held in the same pavilion used for Art Miami during Art Basel, will open on President’s Day weekend. “With the continued expansion of the Wynwood Arts District and Miami as a…

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  • Architecture City Guide: Miami

    This week we are taking our Architecture City Guide to South Beach. Miami’s architectural styles range from austere corporate architecture, as it has the largest concentration of international banks in the United States, to colorful and playful architecture that reflects its beach and Latin American culture. Architecture lovers can’t miss…

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  • Miami developer Hollo named global citizen

    He helped shape modern Miami, and that makes developer Tibor Hollo a world figure of sorts. Last week, that was confirmed when Hollo, the president of Florida East Coast Realty, was named “Global Citizen of the Year” for 2009 by the City of Miami and the Greater Miami Host Committee.…

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  • Hollo considers a redesign for planned One Bayfront Plaza

    Veteran developer Tibor Hollo is considering going from two high-rise towers to one with his plan to build the tallest building in Miami, but he says he isn’t reducing much else on the project. His alternative vision for the One Bayfront Plaza site, located just southeast of Bayside Marketplace, still…

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  • Under Miami 21 program, Banco Santander plans a taller tower

    In 2010, developers of buildings like the new Banco Santander tower will need to get creative to build taller and more dense projects under Miami’s still-pending zoning code, Miami 21.
    Banco Santander plans to build an 840-foot tower on Brickell Avenue.

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