Apollo Global Management in Talks to Lease 23K SQ at Miami’s 701 Brickell
The Southern corporate migration continues: Private equity giant Apollo Global Management is hunting down office space in Miami’s Brickell district, Commercial Observer has learned.  Apollo is in active lease negotiations for 23,000 square feet at 701 Brickell, according to a source with knowledge of the... more...

Developer apparently to build Brickell tower after $50 Million purchase of property
Another Brickell tower is apparently launching sales and moving full speed towards construction. “Lofty Brickell” will include residential units with owners permitted to rent them on a short term basis through platforms such as Airbnb, according to preliminary marketing material released by multiple brokers on social media. The... more...

Shrinking apartment inventory sends rents soaring
The multi-family apartment rental market is currently facing a shortage in Miami-Dade, with less than a month’s worth of inventory, according to local residential real estate experts.  There’s about a month of inventory in rentals, which are historical lows, according to Christina Pappas, vice president of the Keyes Co. Anything... more...

Transportation and Planning team digs into using tunnels countywide
In 2017, the TPO published the Miami River Tunnel Feasibility Study prepared by Atkins that analyzed a tunnel connecting Brickell Avenue and Biscayne Boulevard under the Miami River in Downtown Miami. The study concluded that such a tunnel would have a significant impact “in terms of relief to surface street congestion in the vicinity of the... more...

Buzzy Supper Club and Celeb Hangout Delilah Is Set to Debut in Brickell in 2022
Popular Los Angeles-based restaurant and lounge Delilah is making its way east for a Miami location set to debut in the Brickell neighborhood in early 2022. The opulent “roaring ‘20s” style restaurant is best known for its elaborate dinners and celebrity spotting’s with everyone from the Kardashians to Drake... more...

Health tech concentrator decoding a matrix of puzzles in Brickell
Imagine a home with floor sensors that can tell whether a person’s imbalanced gait is indicative of a blood circulation disorder, or a toilet that automatically tests urine for signs of kidney disease or diabetes. One of the two – the toilet – already exists. The other is on its way. Now imagine a home with dozens if not... more...

NY Cryptocurrency Investment Firm BlockTower Capital Relocates HQ to Miami
Yet another New York-based company is moving to the Magic City. BlockTower Capital, an investment firm focused on cryptocurrency and blockchain technology, relocated its headquarters to Miami, the company announced. All employees have relocated, and the company plans to hire new employees in Miami.  The company’s headquarters will be... more...

Major Mexico investment firm to open in Miami
Banorte Securities International (BSI), an investment management and brokerage service company based in Houston, announced it will open offices in the Brickell financial district to attend to its clients from Mexico and the Latin American region in South Florida.    The company is a subsidiary of Mexican financial institution Grupo... more...

Related Group Starwood team with Baccarat-Branded condo project In Miami
Jorge Pérez's Related Group and Barry Sternlicht’s SH Hotels & Resorts will be working together on a project for the first time with a Baccarat-branded residential project in Miami’s Brickell neighborhood. Baccarat makes crystal and has been in existence since 1764. A Baccarat Hotel & Residences at 53rd Street and... more...

Creative methods making better Miami mobility possible
Getting around Miami-Dade isn’t the easiest thing to do. While the county’s roadways are many, they’re often congested, leaving motorists wishing alternative modes of transportation were more plentiful. The good news is that some residents are working hard to add to the local mobility network – residents like Meg... more...