Tourism glows as international arrivals rise and hotels fill
Two of South Florida’s premier real estate development groups, Terra Group and Turnberry Associates, have selected Balfour Beatty Construction as the general contractor for the new Grand Hyatt Miami Beach Convention Center Hotel. Located at the intersection of 17th Street and Convention Center Drive, the 17-story, 800-room hotel will serve as the central anchor of the Miami Beach Convention Center District, steps away from the beachfront, hundreds of shops and restaurants along Lincoln Road, the New World Center, the Bass Museum, and the Fillmore Miami Beach. Early site work at the property is now underway, with vertical construction anticipated to start this year and be completed in 2025.
David Martin Leads Terra in Communities Across the Region
David Martin wants to build better neighborhoods. His firm, Terra, has developed more than 5 million square feet of residential, commercial and mixed-use projects. Another 3 million or so square feet are on the way, adding up to more than $8 billion portfolio of assets. In the 20 years since he co-founded Terra with his father, Pedro Martin, the company’s aim has shifted from a traditional development approach to one focused on neighborhood strategies – assessing what needs there are in a given area and then filling those voids with smart, design-driven products that serve as catalysts for broader community improvements.
Miami Beach kaleidoscopic bridge inches toward reality
For Miami Beach, a development that’ll lead to a kaleidoscopic bridge to welcome those coming in and out of the city, a 3-acre park with residency features and a 519-foot tower of 330 residential units is inching toward reality.
Miami Beach Canopy to mark city’s entrance
The Miami Beach Canopy, French artist Daniel Buren’s latest work, has won unanimous approval from City of Miami Beach commissioners.
Coconut Grove residential prices keep rising
Coconut Grove residential realty prices have been increasing over the past several years and the area is considered one of the hottest three hottest for those looking to buy, according to NeighborhoodScout’s data.
