Commercial

Miami City Commission Unanimously Approves Lease Agreement for Hyatt and Gencom’s ‘Miami Riverbridge’ Development

8:00 am on July 14, 2023 By Oscar Nunez

In a 5-0 vote at the Miami City Commission, the lease agreement between the City and the joint venture led by Hyatt and Gencom has been unanimously approved. This decision marks a significant milestone in advancing the visionary Miami Riverbridge development, setting the stage for revitalizing Downtown Miami’s riverfront area. The approved lease agreement paves the way for collaborative efforts between Hyatt and Gencom to enhance access, promote walkability, and introduce diverse offerings to the vibrant city. With this crucial endorsement, the joint venture can now proceed with finalizing the construction plans in close partnership with the City.

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FAA Permits Submitted For 521-Foot-Tall Tower At 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on July 5, 2023 By Oscar Nunez

Permits have been submitted to the Federal Aviation Administration (FAA) to construct 2600 Biscayne Boulevard, a planned 521-foot-tall mixed-use tower in Miami’s Edgewater neighborhood. The tower will be situated on the western frontage of Biscayne Boulevard, between Northeast 26th Street and Northeast 26th Terrace, also known as 246 Northeast 26th Terrace. Developed by Oak Row Equities in partnership with LNDMRK Development, the site was acquired for $35 million in 2022. Arquitectonica, an acclaimed architectural firm, is responsible for the tower’s design. The permits were filed on June 22, 2023, and are currently undergoing review by the FAA, marking a significant step in the development process.

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LOFTY Brickell Sets New Heights With Innovative Skydeck Addition

8:00 am on July 2, 2023 By Oscar Nunez

LOFTY Brickell, the waterfront luxury condominium project by Newgard Development Group at 99 Southwest 7th Street, continues to push boundaries with its latest offering. The development unveils its ambitious plan for a unique skydeck on the 44th floor, exclusively dedicated to LOFTY unit owners. This versatile rooftop space, spanning approximately 10,000 square feet, will serve as a venue for private events, adding an exceptional amenity to the building.

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Demolition Permit Issued For Miami Worldcenter Site Where Naftali Group’s 65-Story Tower Will Rise

8:00 am on May 28, 2023 By Oscar Nunez

Demolition permits have been issued for the 26,946-square-foot building at 1016 Northeast 2nd Avenue, the eastern parcel of Miami Worldcenter’s Block A. The building, which formerly served as the sales center for the Paramount Miami Worldcenter, is set to be completely razed to pave the way for an ambitious new development. TNG MWC LLC, an affiliate of the New York-based Naftali Group (Naftali), is spearheading the transformation of the 90,827-square-foot property and plans to erect a 65-story mixed-use tower on the site

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