Tag Archives: downtown miami

Major P3 Real Estate Development Opportunities in Downtown Miami

On March 7, the Miami-Dade County Mayor will be presenting a report to the Board of County Commissioners on County-owned properties in downtown Miami that are ripe for joint development with the private sector. The upshot: the County has at least nine properties, totaling 22.7 acres of land, that can support over 20 million square feet … Continue Reading

Miami’s Green Spaces Are Prime Assets for Public-Private Partnerships

On March 29, 2015, the Transportation and Infrastructure Committee of the Greater Miami Chamber of Commerce, of which Bilzin Sumberg is a member, hosted an event that discussed infrastructure plans that would increase Miami’s walkability and bikeability. In addition to increasing modes of mobility, the plans that were discussed would also allow Miami to recapitalize … Continue Reading

Rising Traffic Concerns Could Provide Cash Flow Stability for Miami’s Transportation P3 Solution

With plans to reduce Biscayne Boulevard to fewer lanes to allow for the creation of a promenade and bicycle lanes in Downtown Miami, some are arguing that the need for public transportation options cannot be clearer. The drivers in Miami-Dade are in desperate need of public transportation options that will reduce commute times, improve quality … Continue Reading

Insights from the Americas Lodging Investment Summit conference

Guest blog post written by Max Comess, Director, HFF Hotel Group. In January, our team attended the Americas Lodging Investment Summit (ALIS) conference, one of the largest hotel investment conferences in the world, at the JW Marriott hotel in downtown Los Angeles. A reported 2,800 people registered for this year’s conference, just a fraction of the overall … Continue Reading

Real Estate Joint Venture Tips

A recent New York Times article described the increased presence of New York developers in the South Florida condominium market. The fact is that Miami real estate market has always been a seductive one for out of state developers, and the upside in the development opportunities in the South Florida real estate market simply continues to … Continue Reading

Foreign Investors Still Stimulating Miami’s Real Estate Boom

Miami, once the poster child for the recent housing bubble and subsequent crash, now has the strongest housing market in the U.S. and is one of the exclusive high-end real estate “export” economies in the world. This remarkable transformation is due largely to the huge influx of foreign cash, according to a recent Miami Downtown … Continue Reading

Miami-Dade Keeping up with National P3 Trends

As discussed in our last post about national and local developments in public-private partnership (P3) legislation, Florida is keeping up with the P3 trend and Miami-Dade County is not far behind. Miami-Dade’s Citizens Independent Transportation Trust (CITT) has expressed support for exploring P3s as an option for providing much needed transportation solutions to the County. … Continue Reading

Miami’s Golden Age

Recently Arden Karson, a Senior Vice President of The Related Group’s Acquisitions, Distressed Debt and Strategic Opportunities Division and the Project Manager for Brickell Heights Condominium, spoke about the latest in-depth analysis of South Florida’s condominium market prepared by Related ISG. Entitled “2020: The New Miami,” the analysis focuses not only on the condo market, … Continue Reading

Miami Light Rail System May Become a Signature P3

Plans of New Passenger Rail Link from Miami-to-Miami Beach On several occasions we have written about transportation public-private partnerships in the Miami area. These have included posts on red-light cameras, passenger rail, UniversityCity at FIU, and other related topics. Several months ago, we discussed the possibility of new public private partnerships for public transportation systems, which have in recent years … Continue Reading

Demand Outpacing Supply in Downtown Miami as Foreign Investment and Urban Living Trends Continue

This is a guest post by Alyce Robertson, Executive Director of the Miami Downtown Development Authority. Demand for condo sales and rentals slated to exceed supply We have been tracking condo sales and rental activity in downtown Miami since the market bottomed out three years ago, and what we are seeing is a clear trend … Continue Reading

The Outlook for Sunny Isles Beach is Bright

With 2 1/2 miles of sandy beaches and proximity to Bal Harbour Shops, downtown Miami, business centers, fine dining and entertainment, Sunny Isles Beach is attracting an impressive amount of luxury residential oceanfront development. The barrier island, bordered by the Atlantic Ocean on the east and the Intracoastal Waterway to the west, is experiencing a … Continue Reading

New Miami Mid-Price Hotel Projects Target Business Travelers

Downtown Miami is well served by high end hotels like the Four Seasons, the Conrad and the JW Marriott. What the downtown area currently lacks are medium-tier urban-concept hotels which can provide the amenities business travelers need without the high prices of a five-star hotel. Enter two new exciting projects to fill the void for … Continue Reading

Miami’s Commercial Real Estate Focus Shifts To Urban Centers

This is a guest post by Tere Blanca, President and CEO of Blanca Commercial Real Estate.  U.S. Cities Growing Faster than Suburbs Census data released this summer validated what many in the real estate sector already believed: America’s cities are growing faster than our suburbs. In fact, 27 of the country’s 51 largest metro areas … Continue Reading
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