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Category Archives: Construction

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200 New Condo Towers Planned in South Florida since May 2011

An exciting announcement was recently made in South Florida - between May 2011 and today more than 200 new condo towers east of I-95 in Miami-Dade, Broward and Palm Beach counties have been scheduled to be built.  Yes, this is no April Fool’s joke, you read that correctly.  New condo buildings are being planned all across the… Continue Reading

Miami-Dade County Road Impact Fees Increasing by 23% on April 22, 2014

On April 22, 2014, the roadway impact fee will increase by 23%. Developers should be aware of these increases in impact fees, as substantial cost savings can be achieved by paying the applicable impact fees and pulling building permits on or before April 21, 2014, which is the last day to pay fees at current… Continue Reading

Canadian Investment Firm Building Upscale Mobile Home Parks in Florida

As ties between Canada and Florida continue to strengthen, Canadian investment in the region continues to increase. Tricon Capital Group, the Canadian company whose profit rose five-fold last year after betting on U.S. housing in the depths of the slump, now plans to expand into upscale mobile home parks in Florida. Tricon has announced that… Continue Reading

Rebounding South Florida Real Estate Market Fuels Employment

The numbers in a recent South Florida jobs report confirmed what all of the new building cranes going up have indicated - the real estate market is back in South Florida.  According to a recent Miami Herald article, the construction industry is helping to fuel Miami-Dade County’s job growth.  The construction industry added 2,400 new jobs in Miami-Dade… Continue Reading

History Repeats Itself at the Mouth of the Miami River

Ten years ago, attorney Michael Kreitzer represented a developer who was faced with an injunction on its development of a high-rise apartment building on the south side of the Miami River after it was discovered that the Tequesta Indians had occupied the site, soon to be known as the “Miami Circle” approximately 2,000 years earlier. That… Continue Reading

Construction Begins on a Mixed-Use Development in Wynwood

The Wynwood district north of downtown is becoming a hot spot for mixed-use development activities. Recent articles in the South Florida Business Journal and Curbed report that construction is under way on Wynwood House, a mixed use building that will include restaurants, office space, and live/work units, and Green Space, a retail/office building, both on… Continue Reading

Healthcare Sector Heating Up Throughout South Florida

The University of Miami just announced plans to build a 200,000 square foot medical facility at its main campus in Coral Gables. Currently, many of UM’s medical facilities are concentrated in Miami’s Health District, where the Miller School of Medicine is located.  Once completed, physicians from the Sylvester Comprehensive Cancer Center and Bascom Palmer Eye… Continue Reading

Construction Tip #7: Developers Should Not Rely Entirely on Standard Forms of Construction Contracts

Anyone with experience in the construction industry knows that form construction contracts are routinely used to memorialize agreements for the construction of new projects.  Standardized contract forms promulgated by various institutions are indeed an extremely valuable resource for architects, developers, contractors, and their attorneys seeking the most effective way to generate a written document that… Continue Reading

Happy Holidays to All Our Readers!

It’s hard to believe that 2013 is already drawing to a close – the year in New Miami flew by in a whirlwind of development as new plans were announced and projects took shape. From rail, seaport and airport expansion to the buzzing arts and cultural scene, New Miami continued to grow. We celebrate our… Continue Reading

New Miami in the News: Weekly Recap

This week in New Miami news, don’t miss the renderings of developer Jeff Berkowitz’s Skyrise Miami, a sleek 1000-foot observation tower that would become Miami’s tallest building. Channel deepening project begins at PortMiami Deepening the shipping channels will allow megaships to cross the expanded Panama Canal beginning mid-2015. Resident influx feeds rising condo towers With… Continue Reading

Market Trends Indicate Improvement in Miami-Dade Office Market

A recent report published by commercial brokerage company Marcus & Millichap, projects an improved financial environment for owners of office buildings in the second half of the year as a result of lower vacancy and increased rents. By the end of the fourth quarter, the office vacancy rate in Miami-Dade County is projected to be… Continue Reading

Construction Concepts Tip #6: Architects

A recent report from McGraw-Hill Construction’s research and analytics unit reported that the total volume of construction contracts in the South Florida area has reached $3.7 billion for 2013, a 24% increase over the same period last year.  This report is one of many indicators of the continued explosion of new construction in the South… Continue Reading

Construction Concepts Tip #5: Developer Protection Against Tenant-Improvements

Before Contracting to Lease Commercial Space, Be Sure to Protect the Property Against Potential Liens As multiuse high-rises and commercial buildings are once again springing up in areas of Downtown, Brickell, and Midtown Miami, restaurant, retail, and other commercial-use spaces continue to dominate the street-level landscape.  For developers and owners of these New Miami structures,… Continue Reading

Downtown Miami Hotel Market Heats Up

The Miami hotel market is one of the hottest in the country and beyond. As a recent article in Law360 reports, downtown Miami in particular is playing a big part in the resurgence of the market. The city’s urban core, an area that was once overlooked and saw little development during the economic downturn,  is… Continue Reading

Thank You For Joining Us For Our New Miami Breakfast Series | Hospitality

Thursday, June 13, 2013 8:00 AM – 10:00 AM 1450 Brickell Avenue, 23rd Floor Miami, FL 33131 Thank you for joining us for the second installment of the New Miami Breakfast Series. Hospitality: A Bird’s Eye View of Miami and Beyond Miami is one of the most active hotel investment markets in the country and… Continue Reading

Spike in Real Estate Creates Tax Planning Opportunities for South Florida Property Owners

Although it may come as a surprise to many, it is no secret that South Florida property values are on the rise. Over the past few years, wealthy Latin Americans and other foreign investors have turned their investment focus to the depressed real estate market in South Florida.  Once a market that was flooded with thousands… Continue Reading

Miami-Dade County Road Impact Fees to Increase 30% on April 22, 2013

Understanding the current fees Miami-Dade County imposes road impact fees on new developments in both unincorporated and incorporated areas of the County, subject to any applicable exemptions or credits, which may reduce or eliminate the fee due. Road impact fees must be paid prior to obtaining a building permit for new construction and are often… Continue Reading

Federal Aviation Administration to Propose Height Regulations

As development in Miami’s core returns, many developers are concerned with what appears to be a review by the Federal Aviation Administration (FAA) height regulations, which could impose restrictions to the maximum allowable heights.   However, the FAA is not being clear on what exactly its intended revisions to the regulations may be, causing additional angst… Continue Reading

Miami’s Commercial Real Estate Women Are Driving the Deals

Margaret Nee serves as the 2013 CREW-Miami President and is Vice President of Development at Pointe Group Advisors based in Coconut Grove, Florida. While many studies continue to indicate that parity gaps still exist between men and women in the commercial real estate industry – primarily in terms of salaries and the levels of positions… Continue Reading

South Florida Law Firms Team Up In Support of United Way of Miami-Dade

The Bilzin Sumberg Dodge Squad is getting set to square off against three other South Florida law firms in an upcoming dodgeball tournament to raise funds for the United Way of Miami-Dade.   On March 13, we will vie for the title of Dodgeball Champion 2013 alongside Akerman Senterfitt, Carlton Fields and Greenberg Traurig at 5:30… Continue Reading

Thank You For Joining Us For Our New Miami Breakfast Series

Thank you for joining us for the inaugural session of the New Miami Breakfast Series. Public-Private Partnerships: Why They Are Growing in Popularity and Their Impact on South Florida The most flexible relationship between the government and a private contractor is a public-private partnership, commonly referred to as a P3, in which government and the… Continue Reading

Optimistic Outlook for South Florida Construction Industry in 2013

Host of construction projects on the horizon After showing signs of life in 2012, the construction industry in Miami is scheduled to see the rise of cranes in 2013, and with it various projects. According to Condo Vultures, a firm which tracks the real estate market, there are nearly 100 condominium projects proposed for South… Continue Reading

WLRN Radio To Host Marketplace Morning Report

Those who like to start their day with a cup of coffee and listening to the Marketplace Morning Report with Jeremy Hobson will be pleased that the show will be broadcast live from the WLRN Radio studios in Miami all next week. From January 22 - 25, WLRN Radio will host one of Public Radio’s most popular… Continue Reading

Condo Contracts Ruling Significant for Florida Developers’ Attorneys

In a recent Daily Business Review Board of Contributors column, Real Estate attorney Martin A. Schwartz discusses the effects that a recent New York federal appeals court decision may have on Florida condo buyers’ use of the Interstate Land Sales Full Disclosure Act to rescind their purchase contracts and the impact on condominium document production. Up… Continue Reading