Category Archives: Commercial Real Estate

From Suburban Office Park to a New Downtown in Florida

As single-use suburban office parks across the nation suffer increasing vacancies, developers have begun to acquire and transform them into mixed-use centers. Meanwhile, as corporations as different as Weyerhaeuser and General Electric gravitate from office parks to center cities like Seattle and Boston, respectively, office park redevelopers increasingly seek to create walkable urbanism with diverse uses within multitenant, mixed-use, nascent downtowns. In south Florida, a father/daughter development team took on the task of developing an entire new downtown out of what had been an office park. Initially developed in the … Read More

Posted in Commercial Real Estate, Miami, News, Office, Retail, Sustainable development, ULI SE Florida/Caribbean, Urban Redevelopment | Leave a comment

Miami condo market will find its equilibrium: ULI panel

Miami’s preconstruction condo market is still forging ahead, despite signs of canceled projects, lowered deposit requirements and foreign buyers downsizing purchases, a group of top developers said Tuesday. “This is a marathon, not a 100-meter dash. This is a long-term market,” said Carlos Rosso, president of Related Group’s condominium division, during a panel titled “Industry giants discuss the condo market” at the Urban Land Institute’s Miami Condo Market Symposium at the Four Seasons Hotel in Miami. Kevin Maloney, founder and principal of Property Markets Group, said he expects that many … Read More

Posted in Commercial Real Estate, Condos, Education, Events, Housing, Innovation, LEED (Leadership in Energy and Environmental Design), Market Trends, Miami, Networking, News, Parking, Press Releases, South Florida, Technology, Transit-oriented development, ULI SE Florida/Caribbean | Leave a comment

The Making of Miami Beach’s Mixed-Use Garage

Much has been written about the 1111 Lincoln Road project in Miami Beach, Florida, since its completion in 2010. Essentially a parking garage, it has been featured in the majority of high-profile architecture publications and hailed as a bold and intellectually stimulating piece of modern architectural design. The New York Times covered a wedding held in the seventh-floor event space. It also has been the backdrop for big-budget advertising campaigns promoting luxury products. However, not much has been written about the development process and the visionary developer behind the project, … Read More

Posted in Commercial Real Estate, Mixed Use, News, Office, Parking | Leave a comment

Six lessons learned at the Urban Land Institute Condo Symposium

Many of the big players in the Miami condo market, including Related Group CEO Jorge Perez, convened Friday for an Urban Land Institute event. The Miami Condo Market Symposium at the Epic hotel came at the time when 290 condo towers are in some stage of development or recently placed on the market, according to CraneSpotters.com. The question is how long this boom will last and whether the developers will avoid the pitfalls of the last recession. Here are six lessons learned from the ULI summit: Read full article by … Read More

Posted in Commercial Real Estate, Condos, Events, Market Trends, Miami, Networking, News, South Florida, ULI SE Florida/Caribbean | Leave a comment

2014 Vision Awards – Call for Nominations are Open!

Nominations are now open for the Urban Land Institute’s Southeast Florida/Caribbean District Council’s 2014 Vision Awards Young Leader of the Year and Project of the Year. This year’s Awards Dinner will be held on Wednesday, August 27, 2014 at the JW Marriott Marquis, Miami The nomination process is open to all – not just to ULI members. The Vision Awards honor individuals and real estate projects from our region that exemplify the mission of ULI and demonstrate a proactive commitment to excellence. Please visit our main Vision Awards page for … Read More

Posted in Commercial Real Estate, Lifetime Achievement Award, Networking, News, Vision Awards | Leave a comment

ULI Report: Tech-Savvy Gen Y Still Flocks to Brick and Mortar Stores

Despite being far more tech-savvy than previous generations, Generation Y, the 80-million strong cohort of Americans between the ages of 18 and 35, has not forsaken shopping in stores for online purchasing – as long as retailers keep their offerings “fresh” and interesting, says a new ULI report. Read the report.

Posted in Commercial Real Estate, Gen Y, News, Retail | Leave a comment

Statewide Summit To Again Feature Florida Mayor’s Panel

At last year’s Inaugural Statewide Summit, four mayors from Florida’s major metropolitan centers shared the stage with ULI Chairman Peter Rummell.  They discussed challenges in providing services in these changing times, how to best encourage economic development and how they see the landscaping changing in major metro areas.  Click here to read more about their discussion.  This year’s repeat panel – with some of the same mayors, new additions, plus a special surprise guest to be announced soon – will continue this important discussion on Thursday afternoon, June 6th at … Read More

Posted in Commercial Real Estate, Events, Mixed Use, News, Retail, Summit | Leave a comment

Economist Pulls No Punches at ULI Forum

MIAMI—Commercial real estate players from across South Florida gathered at Gulfstream Park in Hallandale Beach, FL on Thursday afternoon for the Urban Land Institute’s 2013 South Florida Economic & Development Outlook Program. The venue’s Sport of Kings Theater was packed out with leaders hoping to hear perspectives on the future of South Florida land use and real estate from some leading voices in the industry. Gene Berman, program chair of the event and executive vice president and managing director at Marcus & Millichap, offered what he called a summary of … Read More

Posted in Commercial Real Estate, News, Retail | Leave a comment