News
Blackstone Plan to Open Tech Hub in Miami Marks the Latest Investment Firm Looking South
Blackstone plans to create a technology hub in Miami, the latest example of investment firms looking south where costs of employees and living tend to be lower than in major financial centers such as New York City. Blackstone leased 41,000 square feet at 2...
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Silicon Valley se fija en Miami y las tecnológicas locales cruzan los dedos
Los líderes del Gran Miami han pasado la última década argumentando que la región podría convertirse en un centro tecnológico global. Cuando llegó el COVID-19, un puñado de profesionales de la tecnología que buscaban salir de Silicon Valley y otros centros...
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“The home used to be just shelter. Now it is the hub of our entire lives”: Lennar reports strong Q4, full-year results
Instead of spending on restaurants and movies, Americans’ funds went toward initial home purchases and upgrading to better homes. That is among the reasons Lennar Executive Chairman Stuart Miller attributed to the Miami-based homebuilder’s strong fourth quarter and...
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Knockout deal: Sylvester Stallone spends $35M on Palm Beach estate
Sylvester Stallone is the buyer of a Palm Beach estate. The Oscar-nominated star and his wife, Jennifer Flavin, purchased the mansion at 1480 North Lake Way for $35.4 million, according to the Palm Beach Daily News. Records show Stallone bought the home in the name of...
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Hundreds More Residents Coming To Edgewater As 28-Story Modera Biscayne Bay Nears Completion (Photos)
A 28-story tower called Modera Biscayne Bay is nearing completion in Edgewater. It will add hundreds of new residents to the area. The project is valued at $120 million and is being built by developer Mill Creek Residential. Modera Biscayne Bay will include: 296...
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Bought before they’re built: Advance new home sales highest since 2005
The demand for housing is so high that buyers are purchasing homes before they are built in numbers not seen in more than a decade, according to a recent study by Zillow. Zillow found that work had not even begun on 38.5% of new-construction homes sold in October....
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Confirmed: A Trader Joe’s Is Being Built Next To The Underline Near Metrorail’s Douglas Station In Coral Gables
Trader Joe’s is now building a new store close to a Metrorail station in Coral Gables. The new Trader Joe’s store is being built at Gables Station, a mixed-use project located a short distance from the Douglas Road Metrorail station. Gables Station will include an...
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Natiivo Announces February 2021 Groundbreaking, Will Include Gale Hotel & Residences
Downtown Miami’s proposed 51-story Natiivo tower has announced a groundbreaking date and hotel operator. Construction is expected to begin in February 2021, with opening in Summer 2023. Permitting is already underway. The developer also announced an operator for a...
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Grand Station Tower On Track To Open In Downtown Miami Next Spring With 300 Apartments
Grand Station, a residential tower under construction in downtown Miami, is on track to open by mid-2021, new photos show. The tower is being built on land owned by the Miami Parking Authority in a public-private partnership with developing entity Grand Station...
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COCOWALK LAUNCHES PHASED REOPENING JUST IN TIME FOR THE HOLIDAY SHOPPING SEASON
The highly anticipated phased reopening of CocoWalk in Coconut Grove has officially commenced with the 2020 Holiday shopping season in full swing. Federal Realty Investment Trust, the majority ownership group behind the development, with partners The Comras Company...
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Goldman Sachs Is Scouting The Miami Area For New Offices In What Is Being Called A Blow To New York
Goldman Sachs is considering moving a big chunk of employees from New York to Miami, according to Bloomberg. Bloomberg said the move would be a major blow to New York’s status as the home of the U.S. financial industry. The pandemic has convinced the company that a...
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A Slew Of Prominent Tech Investors Have Announced They Will Relocate From Silicon Valley To Miami, In An Exodus That Is Accelerating
Multiple tech investors have announced in recent days they will move from the Bay Area to Miami. David Blumberg a venture capitalist who founded and manages Blumberg Capital, has announced his move from the San Francisco area to Miami, according to the San Francisco...
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