At 85 stories, Florida's tallest tower tops off in Brickell -
Apr 27, 2017
South Florida has just reached new heights, adding to its skyline the tallest building in Florida and the tallest residential project south of Manhattan.
Looking over downtown Miami’s Brickell Avenue at 85 stories, Panorama Tower includes 821 rental units served by 45,000 square feet of amenities; 208 hotel rooms by Hyatt Centric; 100,000... [more...]
Brickell Bridge traffic controversy will not quit -
Apr 26, 2017
What started as an attempt to make bicyclists and pedestrians safer has mushroomed into a controversy that seems to have no resolution, observers say. Several years ago, the Florida Department of Transportation floated four alternatives to calm traffic on and near the Brickell Avenue Bridge for the sake of those on bike or on foot, and also to... [more...]
Brickell office tower sold for $155M -
Apr 26, 2017
A 27-story office building in Miami’s Brickell financial district sold for $155 million, according to a source with knowledge of the deal.
FL 1221 Brickell LLC, an affiliate of Blackstone Group’s Equity Office, sold the office building with about 408,000 square feet of leasable space to Rockpoint... [more...]
Solutions offered to Brickell Bridge traffic woes -
Apr 20, 2017
Frustrated by what it says are illegal openings of the Brickell Bridge that paralyze downtown, Miami’s Downtown Development Authority has petitioned the Florida Department of Transportation and the US Coast Guard to extend the hours during which the bridge is locked down. But before extending the hours is even contemplated, 11... [more...]
CMC nabs $236M construction loan for Brickell Flatiron -
Apr 05, 2017
About 60% of Brickell Flatiron is under contract with more than $300M in sales
Developer Ugo Colombo has secured a $236 million construction loan for Brickell Flatiron, as condo financing continues to dry up in South Florida.
Colombo’s CMC Group closed on the financing on Friday. Bank of the Ozarks and RFR Realty... [more...]
Good news: more schools in works for downtown Miami -
Mar 29, 2017
Advocates for more schools in downtown Miami – which has seen its population double over the past several years – might be encouraged by new ideas currently being circulated, and improvements that are already underway at one school. Miami-Dade County Public Schools has allocated $43 million in its budget to expand educational options... [more...]
Relief for traffic jams when Brickell Bridge opens -
Mar 23, 2017
Brickell Bridge opens may be ahead, Downtown Development Authority directors have heard.
Chair Ken Russell, a Miami commissioner, met with Jim Wolfe, Florida Department of Transportation District 6 head, to review a list of problems with the bridge, including alleged improper openings that paralyze downtown, especially during rush... [more...]