Hope this finds all of you enjoying life and anticipating a grand Autumn!
Miami Beach is officially sold out of vacantoceanfront real estate. The last sliver of undeveloped beachfront land in Miami Beach sold for $40 million. The hotel developer Urbanica Management has paid $40 million, or roughly $1,000 per square foot, for a 0.98-acre lot at 6747 Collins Avenue. According to a press release, Urbanica plans to build its fifth Miami Beach hotel on the Collins Avenue property, with 200 rooms and various bars and restaurants. Previously approved plans for the property include a 19-story, 60-condo tower and a 150-room condo-hotel.
North Beach is seeing increased interest from investors and developers, amid voters’ and the city of Miami Beach’s approval of upzoning in the North Beach Town Center District, though the building is not part of the district. Among new developments planned in North Beach is Silvia Coltrane and her partners’ mixed-use hotel and condo project at 72nd Street and Collins Avenue.
Further north, Sunny Isles Beach gave preliminary approval to a moratorium on real estate development in an area with low- and mid-rise buildings on the west side of Collins Avenue, across from a high-rise row of oceanfront condo towers. This will give the city an opportunity to update and improve their city plan.
Developer Russell Galbut’s Crescent Heights closed on a corner piece of his assemblage in an Opportunity Zone in Miami’s Edgewater neighborhood, The Real Deal has learned. The Miami-based firm, which is planning a major mixed-use project on the land assemblage, paid $4.9 million for the 10,452 Sq-foot property at 2901 Northeast Second Avenue. It includes a 3,600-square-foot retail building. This area, along with Wynwood is one of the best and vibrant areas in our county. A well thought out and architecturally interesting pocket!
Zaha Hadid's 1000 Museum opened its elegant doors! They still have residences available and everyone who walks through the doors is treated like family!
It is Miami Spice Time! What would Miami real estate news be without mention of our vibrant restaurant scene? We South Floridians certainly have become foodies with the help of all our newest residents who have opened restaurants that constantly tease our palates.
If you’re in town make sure to take advantage of the opportunity to enjoy the special offerings at many well-known restaurants.
Wishing you a Happy and Safe Labor Day.
The next O Cinema is opening at a South Beach location already beloved by film buffs
By Rene Rodriguez - The Miami Herald
O Cinema, the nonprofit movie theater launched in 2011 that has become a beloved bastion of independent and alternative cinema in Miami-Dade, is expanding into new but familiar digs in South Beach.
Kareem Tabsch and Vivian Marthelll, who co-founded O Cinema, are taking over operations of the Miami Beach Cinematheque, the boutique Art House Cinema at 1130 Washington Avenue, effective Aug. 1.
Under its new name, O Cinema South Beach, the theater will screen the kind of first-run, foreign-language and alternative fare that earned O Cinema a devoted following at its former location in Wynwood. That theater, which helped to pioneer Wynwood's resurgence as an arts and culture district, closed in March to make way for a 189-unit apartment building.
Miami Beach agrees to let developer build at higher density - in exchange for $15M park
By Allyson Waller
The two-block stretch of Miami Beach's Ocean Terrace is now the future site of a $15 million public park space.
Miami Beach Mayor Dan Gelber and city commissioners gave unanimous approval Wednesday to a deal involving a notable trade: In exchange for the city vacating street and sidewalk space in addition to altering its zoning and land use map permitting developers to build their adjacent project at an increased density, developers will construct a multimillion-dollar streetscape and public park project at no cost to the city.
But the decision came over the objections of some residents, who said the question should have been put to a vote of city residents, just as an earlier proposal for Ocean Terrace had been put on the ballot - and rejected.
Designer furnished 2/2 residence in the center tower. Amazing city, ocean, pool, and garden views from all rooms. Completely furnished - just bring your toothbrush. 10-foot ceilings. Rent includes access to Canyon Ranch world-renowned spa, gym, beach service, 5 pools, restaurant, 24-hr valet, and hotel concierge. 10 minute drive to Bal Harbour or South Beach.
Oceana- the newest, modern tower in prestigious Bal Harbour! Stunning Direct ocean views from every room in this large two bedroom plus den. Top of the line modern luxury kitchen and bathrooms, 10 ft ceilings, huge 10 ft deep balcony. Services include: Private elevator, 2 pools, beach service, restaurant, concierge, butler, valet, State of the art gym and spa. Stroll on the Bal Harbour beach path, Bal Harbour shops, and city of Surfside.
Many a Miami restaurant try hard to nail the Brooklyn vibe, but few come within an inch of Boia De, whose strip mall location belies its fine-dining pedigree. The hip Buena Vista eatery decked in sleek midcentury furnishings and trippy wallpaper-including a funky primate pattern destined for Instagram fame-is the first restaurant from Luciana Giangrandi and Alex Meyer, who formerly helmed La Pollita and met while working at New York City's prized Eleven Madison Park.
This new spot sees the chef-couple wielding seasonal ingredients into vibrant salads (the namesake Luci is delightfully refreshing), rich starters such crispy polenta with marinated eggplant and large plates best suited for foodies or adventurous eaters with an appetite for proteins like rabbit and pork collar.
There's a considerable focus on local purveyors too, as Boia De serves bread from Miami's outpost of Sullivan Street Bakery, coffee from Great Circle Coffee and Frice Cream, which is also in the neighborhood. With just 24 seats, it's a small operation, though we anticipate it won't fly under the radar for long.
Developer: G&L Real Estate Development, LLC Year Built; Completed Architect: IDEA Architects Total # of Units: 38
Life at One Bay offers the best of both worlds. You're in the heart of the city, but with a huge green park outside your door and Biscayne Bay as your stunning backdrop, you're constantly reminded how close you are to nature. Mornings are all about an early run, walking the dog and yoga in the Albert Pallot Park. Head back at night for an evening picnic and a soccer game. On the weekends - head over to the Bay - the water is calling your name.
With the Design District and Midtown outside your door, an afternoon of shopping and night on the town no longer needs to include a car. All you need are some stylish shoes on your feet. You and your friends can hang out at the lounges in Midtown, hit the boutiques in the Design District and try every restaurant in the area. Day or Night. It's all walking distance away.
MIAMI SEPTEMBER CALENDAR OF EVENTS
June 1st - Sep 30th
MIAMI HOTEL MONTHS
Locals and visitors alike can take advantage of Miami Hotel Months deals for a staycation or vacation, with added perks like special rates on hotel rooms, added amenities or complimentary meals. Check out specials like wellness packages with spa credits and 'stay longer' incentives like 20% off when you book for three or more nights.
You have one more month to enjoy Miami Spice! What are you waiting for? Enjoy prix-fixe menus (lunch/brunch $23, dinner $39) at Miami's hottest restaurants during the event that locals and visitors look forward to all year around.
more than 15,000 people interested in connecting with health and social services, educational opportunities and family fun. Get connected with after-school activities and nutrition education outlets, and experience a book fair, sports demonstrations, face painting, magicians
Dive into the culture of Brazil through the art of film - enjoyed both indoors and out at this unique festival! The 23rd annual Brazilian Film Festival takes place at venues around the city including a free opening event screening at the New World Center Soundscape Park, where the film is projected on an enormous outdoor wall for all to enjoy. Catch additional events at the Miami Beach Cinematheque, Florida International University and Regal South Beach.
The Miami Trail Festival takes place on Virginia Key, an idyllic little island tucked away en route to the seaside community of Key Biscayne. Get ready to sweat and have some fun as you participate in outdoor activities like running and mountain biking together with other nature lovers. Sign up now to participate in these off-road explorations and maybe even take home an award.
Kick off Octoberfest season with the 10th annual Wynwood's Octoberfest Presented by Samuel Adams. At this free weekend-long event, there will be seasonal tastings, live music, stein hoisting, beer games, a beer hall, and dozens of food options including plenty of pumpkin-spiced items.
Go all in and join in on the fun of the Beerolympics, or just check out the authentic food,
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