If you’ve ever been to New York City, you’ve probably heard of the Baccarat Hotel, which is a five-star hotel located adjacent to Central Park. However, visitors won’t have to trek all the way to the Big Apple to stay at one of these hotels for long; Baccarat Hotel & Residences to coming to Miami, FL, in the second quarter of 2024.
RelatedISG Realty, a general real estate firm based in Aventura with offices throughout Miami-Dade and Broward Counties head by CEO Craig Studnicky, has just released their 2021 South Florida Brickell report. According to the report, the Brickell submarket is officially now a seller’s market, where the demand has exceeded supply which currently sits at just 1% of the total units that’s been built since 2012; in other words, an astounding 99% of the units have been sold…
Applications have been submitted to the Central City Redevelopment Advisory Board seeking the approval for the design and development of South Middle River Lofts, a 5-story mixed-use apartment complex proposed for 1123 Northeast 4th Avenue in Fort Lauderdale. Designed by Atlas Architects and developed by Chicago-based East Lake Management Group under the 1123 NE 4th Ave FL LLC, the project yields 84,207 square feet of space across 60 residential units, 2,250 square feet of commercial space and 120 parking spaces.
Westfield Broward Mall, known colloquially to residents as “the Broward Mall,” opened its doors in 1978––just 12 years before its largest competitor, Sawgrass Mills Mall, commenced operations. Now, after serving Plantation, FL, for nearly 40 years, the property has been surrendered to its lender.
A ground breaking schedule has been announced for The District, a 37-story mixed-use skyscraper set to rise at 225 North Miami Avenue in Downtown Miami. Developed by the Related Group and designed by Sieger Suarez Architects with interiors by the Meshberg Group, the structure should rise to 394-feet and yield 343 units, bounded by bounded by NE 3rd St. to the north, NE 1st Ave, to the east and NE 2nd St. to the south. The developer has unveiled ground breaking will occur in Q4 of 2021, which is later this year.
