Skip to main content

Real Estate is driving growth

Beyond the City of Miami Beach and major developers planning to build more than 800,000 sqft of new class A office space, there are many recent retail and office sales on or near Lincoln Road in Miami Beach that are trading for big numbers.  Commercial office and mixed-use office/retail are driving investment in Miami Beach – a big shift from the hospitality and residential condo investment that has driven the Beach market for the past 50 years.

Commercial Real Estate

Commercial deals, ground-breakings and news

Residential Real Estate

Residential deals, maps and demographics

Economic Development Incentives

Click here for information on Florida development incentives

Recent Prominent Real Estate Transactions and Developments – Miami Beach and Lincoln Road:


  • Starwood Global Headquarters: completing construction 2021. 144,000 SF of Class “A” office space. Will be Starwood’s global headquarters (market cap approx. $5B).
  • Jefferson Bancroft: $47M Acquisition + $20M redevelopment. 50,000 SF of Class A office space as well as 50,000 SF of elevated cuisine (LDV Hospitality) and spa services for the exclusive use of the office tenants. Focused on Family Offices & Hedge Funds. 210 dedicated parking spaces. Oceanfront.
  • Eighteen Sunset – Sunset Harbour: Approx. 32,000 SF of Class “A” office space, private luxury residence and 15,000 SF of retail. Breaking ground November 2021.
  • Related Company’s 160,000 SF Terminal Island Class “A” office building 
  • 944 5th Street: 56,177 SF Class “A” office building 
  • Two new office tenants on Meridian Ave (lets identify) 


  • Ritz Carlton: Acquired the Sagamore Hotel in a new partnership. Plans for a 200’ tower addition with 50 Ritz private residences and 60 new hotel rooms. Two new F&B installations including Bagatelle. $500M project
  • Raleigh: $500M redevelopment of the Raleigh and two adjacent hotel properties. Approved for a new luxury residential tower and 5-star hotel. Acquisition was $243M. Project approved. Luxury Residential/Hotel/Restaurant.
  • Delano Hotel: Acquired by Eldridge (Cain International) in 2020. Property is being renovated and repositioned.
  • Esme Hotel on Espanola Way: 145 rooms plus restaurants.
  • Grand Hyatt Convention Center Hotel: Approx $400M development. 800 rooms
  • two floors of meeting spaces and ballrooms, a pool deck on the fifth floor and ground-floor retail space. An elevated skybridge will link to the Convention Center at the intersection of 17th Street and Convention Center Drive. Projected opening 2023.
  • Thompson Hotel: Permits issued and broke ground. Corner of 17th &  Washington. (150 rooms)
  • Aman:  56 hotel rooms & 39 residences. (100 rooms including new tower)
  • Bulgari: 100 rooms (including new tower)


  • Andres Carne de Res: perhaps the most well-known restaurant in Bogota leased an entire building and rooftop on the 500 block of Lincoln Road
  • Harry’s by famed Chef Michael Schwartz: OPEN!
  • Carbone!
  • 404 Washington: a new 11,000 SF restaurant by Major Food Group
  • 119 Washington Ave: Gordon Ramsey’s Alley Cat (his first S. Fla restaurant) 
  • Firestone & Groot Hospitality: Winkers, Sushi Fly, Tooth Fairy.
  • Tacombi: in for permits
  • 1212 Lincoln Road: Sadelles
  • Kassaki Omakase (South Pointe Dr)


  • Starwood/Mast Capital project: 5333 Collins (122 Luxury Residential Units)
  • Mast Capital & Rockpoint: 4000 Alton Road project
  • Multi-plan project (57 Ocean/5700 Collins Ave)
  • Multi-plan project on Ocean Drive (304 Ocean Drive)
  • 500 Alton Road ($445M) 280 residential units PLUS 3-acre public park & signature pedestrian bridge to Miami Beach Marina. Under construction.


  • YoYoSo: First store in Florida is under construction on Lincoln Road
  • Lululemon: moving into larger space on the 800 block of Lincoln Road
  • Amazon Four Star: under construction at 700 Lincoln Road. Amazon’s true retail store highlighting its best reviewed products and changing inventory frequently.