Multifamily developers want sites in walkable places, and struggling shopping centers need to fill vacant spaces Residential redevelopment of South Florida shopping centers is becoming more common, amid solid demand for rental housing and a slack market for retail space. This month, Houston-based developer Morgan Group won a land use change to build 356 apartments […]
Billionaire Hussain Sajwani’s firm hopes for spectacular US debut Hussain Sajwani has made a career out of going against the tide. While his compatriots scaled back after the 2008 market downturn, Sajwani, the founder of Dubai-based Damac Properties, announced his biggest project yet, the 42 million-square-foot Damac Hills. And years later, as many high-profile businesses […]
PEMBROKE PINES — A long-running feud has finally made its way to a courtroom, where six jurors will decide whether Pembroke Pines is to blame for blocking a lucrative detention center from being built in Southwest Ranches. In a lawsuit filed nearly a decade ago, Southwest Ranches claims Pembroke Pines cost the town millions by […]
Buyers seeking warm weather and the amenities of oceanfront living have often sought out more affordable units in older buildings along South Florida’s waterfront. But now the supply of those condos may be dwindling. Developers, facing little to no inventory of undeveloped waterfront land, are increasingly targeting bulk buyouts of these buildings. And unit owners […]
With one iconic Delray Beach institution—Old School Square—in play, the fate of another goes before the city commission today. That would be Doc’s, the retro burgers-fries-soft ice cream restaurant just north of the intersection at Swinton and Atlantic avenues. Last year, the city rejected a proposal that would have preserved Doc’s in exchange for allowing a three-story […]
Pandora Papers reveal the former PM’s slick trick for avoiding £300K in taxes on his London townhouse Last year, Americans bought $1 billion worth of whisky and $6.5 billion of vehicles from the UK. But this week’s Pandora Papers leak revealed another British export that might hook wealthy Americans: creative tax avoidance. On Sunday, the Guardian […]
Fort Lauderdale-based boutique firm Government Law Group announced on Friday the addition of a City of Parkland commissioner to its ranks. Jordan B. Isrow moves to the government-affairs outfit as a partner. He recently worked as general counsel for international cosmetics contract manufacturer Oxygen Development LLC and sat on its executive committee. “We welcome Jordan […]
The three-bedroom, two-bath home has a corduroy-patterned exterior, rounded corners — and a cement pour that oozed from an industrial-sized toothpaste tube. And most intriguing of all, it comes from a 3D printer. When the house is finished around November, Kyndra and James Light, a husband-wife development team, will be asking between $175,000 and $225,000 […]
Eighty Seven Park’s footprint moved closer to collapse site following sweetheart deal with Miami Beach When developer David Martin acquired the Dezerland Hotel, a former Howard Johnson’s that was built in 1951, his plan was to restore the North Beach building to its original glory. The stakes were high for Martin, as the project would […]
Overlooked by developers for decades, downtown Hollywood is finally attracting more projects, leading to more residents and businesses in the city. While Fort Lauderdale to the north and Aventura to the south boomed with new towers, downtown Hollywood and its historic Young Circle didn’t see much major development. While that kept rents more affordable than […]
