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Miami
Purchased Land in Red
Related Group has made its first purchase in Wynwood by partnering with Block Capital Group, according to The Real Deal.
Both Related Group and Block Capital Group each paid $5.25 million for 52,500 square feet of land between NW 26th Street and NW 27th Street.
Recent zoning changes allow for denser residential developments in Wynwood on 205 acres.
Stadium Location in Red
On Saturday, Major League Soccer approved of the Overtown location for David Beckham's expansion team.
The site located at 650 NW 8th Street will be combined with a block South of that location that will be sold by Miami-Dade County totaling 2.79 acres.
Beckham and his group previously looked at stadium locations on The Port of Miami and Downtown Miami's Museum Park.
Golden Dusk Photography is pleased to announce our first book - Miami at Night. Miami at Night is a cityscape photography book featuring over 70 photos, including over 40 large panoramic photos that capture the essence of the energy that pulsates through nocturnal Miami. The book tells a unique visual story of the city (Brickell, Brickell Key, Key Biscayne, Coral Gables, Coconut Grove, Downtown Miami, and Miami Beach) through photography at angles and vantage points that are rarely seen by the average Miamian or tourist.
Miami at Night is available for pre-order on Amazon, Schiffer Books or Golden Dusk Photography. The official release date is January 28, 2016.
For more news and information please visit miamiatnightbook.com
Land Purchased in Red
Nearly an entire block has been purchased in Edgewater between NE 2nd Ave and NE 2nd CT, according to The Next Miami.
7 of the lots on the block were purchased in June 2012 for $1,375,000 and the church on the corner of NE 2nd CT and NE 18TH St was purchased for $2.4 million in May of this year. The buyer is 17th & Second Ave Properties Corp, which is controlled by Enrique Manhard and Vivane Sasson de Manhard.
The total square footage of all the lots is 60,375 square feet excluding the Padel Courts on the Southwest corner of the block, which haven't been purchased yet.
Earlier this year the City of Miami agreed to pay $16 million to improve the grounds outside the Miami Marine Stadium, which will include an event space and park. These improvements will allow the Miami International Boat Show to host their event on the stadium grounds starting in 2016.
Despite renovations to the grounds of the Stadium, nothing is happening with the actual Miami Marine Stadium itself. It still remains covered in graffiti and patrolled by a guard 24/7 to prevent people from trespassing. Millions of funding is still needed to renovate the stadium.
Below is a video of the Miami Marine Stadium.
Construction on Hyde Midtown
Since Hyde Midtown Suite & Residences groundbreaking in September of this year, construction continues at the site.
A pile driver is on the site to start work on the foundation. The 32 story building will start to go vertical early next year.
East Coast Building on next to The Miami River
Since starting construction in August 2014, The East Coast Building along the Miami River is nearly complete. The storage facility with a rooftop restaurant and ground level restaurant recently completed the painting on the exterior of the building.
