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Tag Archives: Miami

Related’s condo chief Carlos Rosso says last construction cycle still dwarfs current boom

Although tens of thousands of condominiums and rental properties are in the pipeline, the Miami area is still experiencing inventory shortgages, Carlos Rosso, the head of condo development at the Related Group, said on WLRN’s Sunshine Economy.   Miami is still having inventory shortages despite the condominiums and rental properties ongoing. This is according to […]

Downtown Miami to get new loft-style condo tower

There is a loft-style condo tower that is being planned to be built at 151 SE First Street in Miami’s Central Business District. This will be a 36-story, 352-unit condominium including very small units and cool lofts with a restaurant on the ground floor, as described by Harvey Hernandez representing Newgard Development Group planning the […]

New $300M condo-hotel to rise in Miami

A new 133-room hotel will be co-owned by Sam Nazrian (a Los Angeles nightclub entrepreneur) and Jorge Perez (developers of the Related Group). It is going to cost $300 million SLS Brickell-brand condo-hotel to rise in Miami. Location will be at 1300 South Miami Avenue and is anticipated to open at 2015. Cost per square […]

Miami penthouse sells for $34M

Penthouses 1601 and 1602 at the Residences at the Miami Beach Edition were combined to total a 16,271 sq. ft. triplex. This deal was closed for $34 million, and is now regarded as one of the most expensive penthouse sales in Miami so far.   The penthouse features outdoor kitchens, multiple pools, eight and three-half […]