Monthly Archives: July 2011

Home Price Index Rises Slightly in Miami

The month of May 2011 saw a slight uptick in the seasonally adjusted Case Shiller home price index from April. The index went up from 139.47 to 140.1, however that is down from 147.88 in May last year. The index … Continue reading

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Wynwood Market Update

Wynwood has been picking up steam lately in its process of rejuvination. In the past two months it picked up two hip coffee houses, Panther Coffee, located at 2390 NW second ave, and Lester’s, located at 2519 NW 2nd Ave. Most … Continue reading

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Miami Herald Building Sold to Developers

In June, An Asian Casino company, Genting, purchased approximately 14 acres of waterfront land which was owned by the Miami Herald. Genting paid $236 million in an all cash deal for the property. The land is located just East and … Continue reading

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1700 Biscayne Development Approved

The city commisioners have approved development plans for a three tower complex to be located at 1700 Biscayne Blvd which is facing the Omni Complex. It will include 672 residential apartments, 181,000 retail/commercial space, 505 hotel rooms. The apartments are … Continue reading

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