Commercial development on Miami Beach is an ongoing story of major capital inflow, ambitious designs, and economic vitality. This section of the site highlights recent development news and activity and will be updated with new information as it comes available.
March 17, 2022
Industrious to replace WeWork on South Beach
Industrious, a coworking space provider based in New York, is coming to South Beach with a new 40,000-square-foot location. Read the original article here…
December 4, 2021
Coming Soon: Five Class A office projects in the development pipeline for Miami Beach
By Erik Bojnansky – Reporter, South Florida Business Journal Dec 1, 2021, 11:45am EST Intent on diversifying its economy beyond tourism and nightlife, officials have heavily incentivized…
October 20, 2021
New York developers unveil plan for South Beach office project
Sumaida + Khurana and Bizzi & Partners propose Class A building designed by Alberto Campo Baeza Original Article > UPDATED, Oct. 20, 2021 6:15…
October 10, 2021
Demand for office space is rising in Miami Beach.
Demand for office space is rising in Miami Beach. The city’s vacancy rate was 8.2 percent in the third quarter 2021, compared to 10.7…
October 7, 2021
Recent Sales and Transactions in Miami
Jefferson Bancroft: $47M Aquisition, $20M redevelopment. 50,000 SFV of Class A office space focused on Family Offices & Hedge Funds. 210 dedicated parking spaces.…
September 1, 2021
JLL second quarter report
According to a JLL second quarter report, the Miami market has achieved all-time highs for office asking rents, even as occupancy rates lagged. The total…
August 25, 2021
South Beach Restaurant Building Bought Off Lincoln Road
NY-based developer and investor Witkoff buys South Beach restaurant building off Lincoln Road for $15M: Deal for Lenox Ave property just off Lincoln Road…