Monthly Archives: March 2007
Argent Venture’s $1 Billion Omni Plans Approved!
Great news for the Media and Entertainment District. Argent Venture’s plans for the Omni Mall have been approved by the City of Miami. The developer’s legal counsel, Lucia Dougherty, paved the way for the approval, which Marc Sarnoff acclaimed. Mr. Sarnoff said that the project is like a “second Midtown Miami”. It has been stated here before that Uptown has three mega projects. These are massive city-within-a-city developments. Argent’s plans for the Omni will span 15 years and comprise 6 towers: Continue reading
Office Condo Development Gains Momentum
The Real Deal, a New York based real estate publication, has an interesting article regarding office tower development in Miami. I have said in the past that Miami’s current residential boom will likely be followed by a commercial development surge. … Continue reading
Filed under BoB Articles, Commercial Developments, The Big Picture
Cardinal Development Press Release for 3333 Biscayne
Brickell-based Cardinal Development (builder of Baylofts, New Wave, Cocowalk, and Cardinal Symphony), a self touted pioneer in development, has publicized their first press release for 3333 Biscayne Continue reading
BoB Prediction: Macy’s Downtown will Get Revamped
Image: Macy’s in downtown Cincinnati Federated Department Stores, the nations largest operator of department stores, as recently as December of 2006 was threatening to pull its massive Macy’s out of Downtown Miami. The DDA and City officials intervened and the … Continue reading
Filed under BoB Articles, CBD: Financial District, CBD: Jewelry District
Should Government Funds be Used to Build New Sports Facilities?
This issue has been brought up quite a bit lately. Here is an informative article on the matter (pay attention Trenton):
“Yes: Such facilities are critical to the long-term growth and stability of most urban centers.
Mark Rosentraub is one of a small, but well-publicized, group of individuals who have made their reputations in part by criticizing decisions by local civic leaders and voters regarding the construction and value of new sports stadiums. These critics underestimate not only the economic impact of new facilities but the intangible effects as well. The evidence and support of this positive impact is impressive. Economic analysts Dick Conway and Bill Beyers have conducted four studies during the last 12 years on the impact of the Seattle Seahawks football team and Seattle Mariners baseball club in that community. They have concluded that professional sports, like good schools, the arts, low crime rates, museums and parks add to the quality of life in a region. In that way, they make the region a better place to live and a better place to locate a business. Regions known for a high quality of life have a clear edge in this aspect of the competition for economic growth. Continue reading
Filed under BoB Articles
Two State Legislators Oppose Marlins Stadium Funding
Two Florida legislators (Rep. Scott Randolph, D-Orlando and Sen. Mike Bennett, R-Bradenton) oppose using State tax funds to help fund the Marlins stadium. Their argument is that there are much more important matters that deserve tax funds and the voters … Continue reading
Filed under News
Museum Park Plans Questioned
According to Riptide 2.0 (The Miami New Times blog), Museum Park plans (Miami Art Museum and Museum of Science and Planetarium)are getting complicated by diverging viewpoints. At Wednesday’s public meeting in the PAC, a group called Neighborhoods United claimed that the plan did not include enough open park space. This was reiterated by several people in the crowd, including a group called Citizens Against Everything Bad. Some concern was based in part on an initiative that was voted on by City residents in 1974 that would ensure green space at Bicentennial Park. Continue reading
McCain Discusses Latin American Foreign Policy in Little Havana
McCain made a campaign stop in Little Havana. It seems fitting that McCain would talk about Latin America issues while in Miami. After all, it is the Banana Republic, right? In any case, he stated that if elected he would … Continue reading
Filed under News
Move.com Launches “Move Trend Spot”
PRweb reports on Move.com’s latest innovation: Move Trend Spot. MTS allows one to view rental and purchasing trends throughout the country. You can compare rentals in Miami Beach to Portland, Oregon, and discover the most vast rental price disparities imaginable: … Continue reading
Filed under News
News Tid Bits
County considers pumping up to 1 billion dollars into the delayed MIA expansion Downtown Stadium proposal runs into another funding obstacle Local car rental agencies are scrapping it out with national car rental agencies over space in the proposed Intermodal … Continue reading
Filed under News
