Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.
November 28, 2022 | Daily Business Review
'Art Transforms the Economy': Miami Worldcenter Unveils Public Art at Mixed-Use DevelopmentDevelopers play a crucial role in bringing art to life as tourists and residents will be drawn to the centrally located area, the way international art dealer and curator Jeffrey Deitch sees it.
By Melea VanOstrand
3 minute read
November 28, 2022 | Daily Business Review
South Florida Ruling in Fight Over Golf Course Development Emphasizes the Importance of Notice"Due process is so important," said attorney David Winker. "In some sense, it's highly technical, but when you read the Third DCA opinion, it's so straightforward. The law says this is not discretionary, it's mandatory."
By Melea VanOstrand
4 minute read
November 23, 2022 | Daily Business Review
Migration Trend: Hallandale Beach Sees High Investment Demand as 'Totally Different Crowd' of Buyers Arrive"There's a new appreciation for the upscale, elevated, active and affluent experiences Hallandale is now providing and it's attracting that demographic. We will continue to see this trend in migration," said Ari Pearl, CEO of PPG Development and developer of Slate Hallandale Beach.
By Melea VanOstrand
4 minute read
November 22, 2022 | Daily Business Review
Condo 'Hunger Games': Race for Resources Underway as Building Safety Act Deadline Looms"There are going to be rippling effects through the multifamily-condo world over the next 24 months. It's going to seriously change the landscape of Florida beachfront living," said Colliers' Greg Main-Baillie.
By Melea VanOstrand
5 minute read
November 21, 2022 | Daily Business Review
Office Returns, Tech Industry Driving Miami-Dade Office Listings"There really isn't this much activity happening elsewhere. We're very fortunate to be in South Florida that's seeing a very different market than the rest of the market when it comes to office," said Stephen Rutchik, executive managing director of office services at Colliers.
By Melea VanOstrand
5 minute read
November 18, 2022 | Daily Business Review
Is the Condo Model Failing? South Florida's Future Involves Terminations, Distressed Properties"Unless the legislature gets very aggressive about how they require them to be managed, I think the model of voluntary funding is simply wrong. I think it will lead to a lot of condo failures over the next few years," said Tyler Berding, a founding partner of the construction defect law firm Berding & Weil.
By Melea VanOstrand
6 minute read
November 17, 2022 | Daily Business Review
$80 Million Construction Loan Secured for Downtown Miami Luxury CondosThe property will be close to the Adrienne Arsht Center, Miami Heat Arena, the History Miami Museum and Perez Art Museum.
By Melea VanOstrand
2 minute read
November 16, 2022 | Daily Business Review
2 Miami-Dade Properties Sell for Millions as Demand for Retail Space RisesIn Florida, vacancy is the tightest as employment gains outpaced the national average, and as more vacationers and flexible work options allowed more people to go out more frequently.
By Melea VanOstrand
3 minute read
November 15, 2022 | Daily Business Review
Breakfast at Tiffany's? South Florida Penthouse Atop Tiffany & Co. Lists for $24 MillionThe residence is a two-story blank canvas with the potential to be built into a five- or six-bedroom, seven-bath and half-bathroom space.
By Melea VanOstrand
3 minute read
November 15, 2022 | Daily Business Review
Distressed Property Trend: Defunct Hotel Transformation Complete in HialeahThe Estate Cos., a multifamily developer in South Florida, has finished converting a former Ramada Inn into a rental community that it says serves as a model for how to successfully convert a distressed site.
By Melea VanOstrand
3 minute read
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