Category: COMMERCIAL

MG Developer To Bring $204M Project To Miami

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The developer is expecting to start construction on Merrick Parc in the first quarter of 2023. The project already received an initial $24 million tranche with $13 million in equity financing from Colliers. CLICK ON THE HEADLINE FOR MORE

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Coconut Grove’s Scenic Waterfront Road, Historic Trail Is A Mess. Can $16M Revamp Fix It?

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As Miami-Dade County’s transportation and public works department launches a $16 million, multiyear effort to rebuild road and trail after years of talk but little action, its engineers face a difficult conundrum: How to improve road conditions in the narrow corridor while enhancing the safety and appeal of the heavily used though frayed Commodore Trail. CLICK ON THE HEADLINE FOR MORE

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Miami Enjoys Biggest Inflow Of Future Homebuyers In Early 2022

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Sunny, relatively affordable areas are typically the most popular places for people to move to, a trend that has picked up with the pandemic. The number of residents flowing into Miami in the first quarter was up nearly six fold from two years earlier, CLICK ON THE HEADLINE FOR MORE

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Condo Prices Hit All-Time High

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According to a new Redfin report, the increase in condominium prices was caused in part by a shortage of house listings causing shoppers to look at condos instead.The median condo price in Miami rose to $383,000, an increase of nearly 33 percent year-over-year. Inventory fell by roughly 30 percent over the same period. CLICK ON THE HEADLINE FOR MORE

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