Tag Archives: MIA

All Aboard Florida to Hold Public Information Workshops

All Aboard Florida broke ground on the first phase of the development this week, beginning construction on the Fort Lauderdale station and generating even more excitement around what is already a highly anticipated project. All Aboard Florida is an express passenger rail service unlike any other in the country. Offering services connecting major Florida metropolitan … Continue Reading

New Miami Breakfast Insights

Our New Miami Breakfast, “Miami: The Next Entrepreneurial Frontier,”  was heavily attended by nearly 200 of Miami’s business community members. Our co-moderators, Bilzin Sumberg Partners Javier Aviño and Melissa Pallett-Vasquez, touched on Miami’s initiatives to attract both entrepreneurs and investors, before our esteemed panelists dove in. Matt Haggman, Miami Program Director of The Knight Foundation, discussed some of the … Continue Reading

Court Blocks Developers’ Ploy to Avoid Additional Payments

We are often asked when representing a client in defense of a claim whether the client could avoid the liability asserted by the claimant by potentially buying the cause of action out from under the claimant. The most common circumstance is when the plaintiff has an adverse uncollected judgment or, perhaps, owes money under a … Continue Reading

Condo Developers Getting Relief From Washington

In an uncharacteristic bipartisan style, the House of Representatives of the U.S. Congress passed H.R. 2600 on September 26, 2013, and almost a year later, on September 19, 2014, the Senate followed by enacting S.2101.  These identical bills exempt developers of condominiums from compliance with the filing requirements of the Interstate Land Sales Full Disclosure Act, … Continue Reading

Citrix Acquires South Florida Startup

South Florida’s tech startups are causing a commotion in the industry — and tech giants are taking notice.  In hopes of enhancing its mobile workplace delivery platform, software behemoth Citrix Systems announced last week that it had acquired Virtu.al, a four-month-old IT security startup in Delray Beach, Florida, for an undisclosed amount. Citrix’s latest acquisition … Continue Reading

Mounting Legal Challenges to Medical Marijuana Regulations

Last week the Department of Health received legal challenges from nurseries Costa Farms and Plants of Ruskin Inc., and the Florida Medical Cannabis Association, to its proposed rule for selecting the nurseries that will receive the licenses for growing and selling medical marijuana pursuant to the state’s newly enacted Charlotte’s Web law, called the Compassionate … Continue Reading

Growing Trend: Private Investment in Infrastructure and Transportation

As P3 Bulletin, the New York Times and Richard Cavallaro, the new CEO of  international construction company Skanska’s US operations, have recently stated, the increase in private investment and Public Private Partnerships (PPPs or P3s) bodes well for the plans to develop and implement much needed infrastructure and transportation upgrades around the United States. As … Continue Reading

GIS Technology Supports Port Efficiency and Expansion

Known as the Cargo Gateway to the Americas and currently home to 13 cruise lines, Port Miami is a vital economic anchor of Miami -Dade County. The Port employs more than 200,000 in the South Florida region and contributes $27 billion annually to the local economy. While more than 4 million cruise passengers traveled through the … Continue Reading

Growing Salaries for South Florida’s High-Tech Workers

South Florida’s burgeoning tech-startup scene has helped catapult the region into one of the nation’s fastest growing high-tech hubs, luring not just innovative entrepreneurs, but all manner of high-tech workers hoping to capitalize on the next big idea as well. The high-tech workers heading to South Florida will be happy to know that this growth … Continue Reading

Establishment of Chinese Consulate-General in Miami

On September 3rd, the Miami-Dade Board of County Commissioners adopted the resolution directing the Mayor to develop a plan to establish a Chinese Consulate-General in Miami, by a 12-0 vote.  Currently, the Chinese Consulate-General in Houston covers Florida as part of its consular jurisdiction.  A Chinese Consulate-General located in Miami-Dade County would not only alleviate … Continue Reading

Free Trade Zones in Miami a Boon to International Companies

Free trade zones are federally designated areas that are officially considered outside of the commerce and customs territory of the United States. The appeal to international companies established in free trade zones include duty elimination, deferral and reduction of insurance costs, minimized regulatory compliance, and more efficient operations. With the anticipated influx of cargo ships … Continue Reading

Miami’s Entrepreneurial Landscape Evolves

Guest blog post written by Seth Werner, Chairman/CEO Harbour Real Estate Corporation. In 2013, Miami raked in about $300 million in venture capital, a staggering jump from previous years. While Miami has always had its fair share of entrepreneurial activity, historically it has had issues with keeping many startups. That’s quickly changing. Contributing to the … Continue Reading

Miami Developers Utilizing Non Traditional Sources of Venture Capital

With all the current and planned building projects taking place in South Florida, it seems the recent real estate crash has largely been forgotten. However, the collapse still haunts traditional lending institutions, many of whom are unwilling or unable to finance Miami’s present building boom. Further, as Jeff Bartel, chairman of Benworth Capital Partners LLC … 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

The Port of Miami Tunnel is Open!

The Port of Miami Tunnel’s opening on Sunday, August 3, 2014 marked a rousing day for Miami. Not just because police cruiser sirens, motorcyclists and tractor trailers inaugurated new, underwater lanes for thousands of vehicles to soon follow, but because it signaled a great accomplishment in the world of public-private partnerships that will benefit Miami … Continue Reading

Use of Phased Permits on the Rise

As cranes tower over Miami in the post-recession development upswing, developers are once again using phased permits to expedite construction while awaiting approval for building permits. Section 105.13 of the Florida Building Code authorizes the issuance and use of phased permits throughout the state at the discretion of building officials. Developers in Miami and Miami … Continue Reading

Why Miami?

Guest blog post written by Will Corbin of The Beacon Council. On July 23, more than 200 people attended The Beacon Council’s New Leaders Taskforce “Why Miami?” panel discussion, which provided an overview of Miami and its business and civic assets. The program was geared towards young professionals who are new to the Miami area, … Continue Reading

Positive Report for South Florida Commercial Real Estate

TREPP Analytics recently provided the U.S. commercial real estate industry some positive news – both the CMBS delinquency rate and seriously delinquent loans are down. The delinquency rate as of June 2014 is 6.05% (compared to 8.65% a year ago), with seriously delinquent down to 5.92% from 8.37% last year.  This decrease is seen across … Continue Reading

Retail and Tech in Miami Continue to Expand

At the Beacon Council’s annual One Community One Goal Meeting, national retail department store Macy’s announced that it will be bringing its fashion incubator to Miami in order to foster and keep talent in Miami. In its two other locations in Chicago and Philadelphia, the Macy’s incubator has served as a residency on the business … Continue Reading

Infrastructure Investment Through P3s

Last month, a roundtable policy discussion on ways the financial community can invest in infrastructure using public-private partnerships (also known as P3s or PPPs) took place in New York City. The panel, chaired by U.S. Rep. John J. Duncan, highlighted the current need across the U.S. to re-invest in infrastructure, including highways, water infrastructure, airports and … Continue Reading
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