Businesses flow from afar into Brickell, downtown offices -
Feb 12, 2019
The office market in the central business district and Brickell is solid, observers say, and not likely to be blown off course anytime soon.
“The market in downtown and Brickell is tight,” said Neisen Kasdin, office-managing partner at Akerman, LLP, and vice chair of Miami’s Downtown Development Authority. “The last... [more...]
Florida East Coast Realty's $425M Panorama Tower refi is among city’s biggest -
Feb 06, 2019
$425 million refinancing of Panorama Tower, one of the largest such loans in Miami in recent years.
Wells Fargo financed the new debt, which replaces the $340 million construction loan the bank provided on the 85-story tower in 2015. It was one of the largest construction loan in Miami-Dade at the time.
FECR, led by Tibor Hollo and his sons... [more...]
Brickell City Centre approved for major expansion -
Jan 29, 2019
Brickell City Centre is poised for another major growth spurt, adding 972 residences in two towers, stores and entertainment venues, parking, a ground-level plaza, and enhancements around the South Miami Avenue Bridge.
The sweeping development from Swire Properties Inc. continues to transform the Miami neighborhood south of the Miami... [more...]
2019 employment picture for Miami appears solid -
Jan 25, 2019
The 2019 employment picture for Miami appears solid, observers say, though some factors could tap the brakes on their optimism.
“Overall, 2019 is going to be another year for South Florida,” said Charles Dougherty, a Wells Fargo economist. “We’ve seen strong growth in hiring in 2018. The leisure and hospitality sector... [more...]
Great and exciting improvements due at Miami Circle -
Jan 15, 2019
The Miami Circle site at Brickell Point, which once belonged to the Tequesta Indians, could finally be seeing some major improvements. The Florida Department of State is “finalizing plans to make some great and exciting improvements at the site” that will be coming out in the coming months, according to Sarah Revell, director of... [more...]
It is well past time we all get good look at the Miami Circle -
Jan 15, 2019
The State of Florida is about to unveil a plan for “great and exciting improvements” at the Miami Circle site it owns at the mouth of the Miami River in Brickell, Miami Today reports this week.
Unless you’ve been in Miami for decades it’s unlikely that you’ve been to the Miami Circle site. Only a few Miamians have... [more...]
Adaptive signal technology reducing Miami driving times -
Jan 15, 2019
Newly unveiled driving time savings on two major Miami-Dade corridors recently outfitted with adaptive signal technology are encouraging, Transportation Director Alice Bravo said Monday.
In October, Ms. Bravo told Miami Today that the county planned to study the routes and compare travel times to those recorded a year earlier.
Congestion fell... [more...]