Monthly Archives: December 2006
News Brief
- Chicago Sun Times reporter is shocked by Miami’s massive construction boom. – Lexus to sponsor Carnival Center. – Miami-based firm Arquitectonica designs world’s third largest mall in Manila, Philippines. – Beach planners protect baywalk for public – Nassau, Bahamas: … Continue reading
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The Miami Bay/River Promenade: A Dream or Reality?
There has been much speculation concerning the construction of a Bay/ River walkway from the Miami River north to Margaret Pace Park. It was said that funding would come from the half-penny sales tax as well as a government bond. However, little has been published that would indicate that the project has gone past a feasibility study. Miami’s Downtown Transportation Master Plan makes reference to the walkway and extends it to Margaret Pace Park. Developers in the North Bayshore Drive area have told prospective buyers that the walkway would reach the park, but there is no confirmation that the walkway will be built—even less reach Pace Park, which would be the ideal scenario. This is important because the city may cut back funding and possibly reduce the scale of the walkway—in consideration of the looming property tax crisis. Continue reading
The History of Miami’s First Park
I was astonished to run into this amazing article on the history of Miami’s first park: Bayfront Park. The origins of the park are found in 1896—around the same time of the city’s incorporation. Although the article is of interest … Continue reading
News Brief
- As has been reported for some time, foreclosures are rampant in Florida—which is second to California in the country. – Another affordable housing developer is involved in fraudulent activities.For more information on crooked affordable housing developers click here. – … Continue reading
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Havana Club Opens before Downtown Renaissance
Mimi Whitefield, of the Miami Herald, describes downtown Miami as having been a ghost town after 6:00P.M., for years—something I have stated before and have been disagreed with. Still, the Havana Club will now offer its 700 or so members … Continue reading
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NIMBYs Sue the City of Miami Over Approvals
Yet again, there are those who are angry at new high rise developments near their homes. This time in the Buena Vista East neighborhood, which frankly could use all the development it can get. Not to mention that it being … Continue reading
Filed under News
With Office Vacany Low Commercial Real Estate is Primed for Growth
More signs that there will be growth in the commercial real estate sector, which given the current decline in prices and demand in the high density residential sector, may offer a bail out to developers for the current growing residential … Continue reading
New 47-story Project for S. Edgewater
47-STORY TOWER: On the Park Properties wants to build 648 residential units and retail space at 1770 N. Bayshore Drive. The developer is to ask Miami commissioners today (12/14) for a major-use special permit to start work. The 47-story complex … Continue reading
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Miami’s Asian Trade Connection
Much has been made about Miami’s Latin American trade connections, but World City has reported some very interesting Miami/Asian trade data in their December 2006 issue—highlighting Miami’s Malaysian connections. The article makes reference to Miami’s growing economic ties to the … Continue reading
Filed under Economy
Russians Getting Comfy in South Florida
I came across these two Russian websties that are dedicated to providing real estate information–among other things (events)–to Russians in Florida or those interested in moving to or visiting South Florida: Russian Florida Russian Miami Beach The sites are in … Continue reading
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