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Hooters Restaurant at Cocowalk
As the Eastern portion of Cocowalk began demolition last week to make way for the new 5 story office, One Cocowalk, interior demolition began months before on the Duffy's Sports Grill on the second floor and eventually the Hooters Restaurant on the third floor.
Opening in 2008, Hooters eventually closed in 2012 and sat empty until now.
201 East Flagler
Moishe Mana has purchased a 2 story building located at 201 East Flagler in Downtown Miami for $12.9 million, according to The Real Deal.
The 29,042 square feet building built in 1947 sits on a 14,000 square foot lot.
Mana recently purchased 26,000 square feet of office space at 100 Flagler Street in March for $4.75 million.
Mana has purchased over $350 million in Miami real estate in Downtown Miami and Wynwood over the past 8 years.
Commodore Place Rendering
A 5 story mixed use building will be coming next to Greenstreet Café in Coconut Grove located at 3102 Commodore Plaza called Commodore Place, according The Real Deal.
Metronomic is expected to pay $4.8 million for the 7,167 square foot lot and to close in July of this year. This site is currently being used as a parking lot and was last sold for $1.3 million in June 1997.
Commodore Place will a Class A retail building with a boutique bed and breakfast hotel residences. Commodore Place is also located next to the under construction 5 story office The Optimum.
Construction is expected to be completed by the end of 2019.
One Cocowalk Location
Demolition has begun on the second phase of the Cocowalk redevelopment in Coconut Grove.
The first phase of the redevelopment started earlier this year on the Western portion of Cocowalk where Chili's and The Cheesecake Factory used to be. The interior gutting of Duffy's Sports Grill and Hooters Restaurant began last month before the Eastern portion officially comes down.
The Eastern side of Cocowalk will be replaced with One Cocowalk, which will be a 5 story Class A office building with ground level retail, 4 stories of office space, 250 underground parking spaces and a rooftop terrace all totaling 73,000 square feet. Construction is expected to be finished by the end of 2019.
Eventually the main rotunda, where there used to be a Fat Tuesday's and where there is a Starbucks, will be demolished to create an open courtyard.
Cocowalk was purchased in May 2015 for $87.5 million.
Paradise Plaza at Night
As the Design District continues to expand with the addition of Museum Garage and Paradise Plaza, both places are equally as impressive at night.
With colorful designs throughout Paradise Plaza such as the work of Freeland Buck, the colors pop at night with the right lighting.
Officially opening in December 2017, more stores continue to open weekly in Paradise Plaza as the whole area is beginning to take shape compared to how it looked four years ago.
SunTrust International Center
The 31 story SunTrust International Center located at 1 SE 3rd Avenue in Downtown Miami has been sold for $127 million, according to The Real Deal.
Built in 1969 on a 46,844 square foot lot, the building was purchased by PCCP LLC, a real estate investment firm in Los Angeles, and sold by Crocker Partners. Crocker Partners purchased the building for $82.4 million in August 2011.
The nearby Southeast Financial Center sold for $516.6 million in December 2016 and The New World Tower sold for $84 million in October 2016.
Brightline Train
Brightline is set to launch from MiamiCentral Station in Downtown Miami May 19 to begin service from Miami to Fort Lauderdale, West Palm Beach and eventually Orlando. Fares will start between $10 - $25.
MiamiCentral Station is still under construction with the office building 2 MiamiCentral and the ParkLine Residences Towers on the Southern part of the station. The 12 story office building, 3 MiamiCentral, was completed in January of this year.
Previous construction photos of MiamiCentral can be viewed here.
