Massive Miami Worldcenter Project Passes Key Commission Vote

Categories: Unreal Estate

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It took more than six hours, a frantic round of last-minute backroom negotiations, and dozens of speeches from backers and lobbyists, but the massive Miami Worldcenter project passed one of its last remaining roadblocks at the city commission last night.

The commission eventually voted 4-0 to approve key zoning agreements for the $1.5 billion project to create an oasis packed with condos, shops, and dozens of bars and restaurants in an impoverished block of land just west of downtown.

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Sci-Fi Fortress Coming to Biscayne Boulevard in Edgewater

Categories: Unreal Estate

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This thing definitely looks like it belongs in some superhero or dystopian sci-fi movie. We just can't tell if it's the secret headquarters of the good guys or bad guys.

Fairholme Fund, an investment fund worth $17 billion and run by Bruce Berkowitz, is moving into Edgewater, further signaling the neighborhood's gentrification, and it's bringing this interesting building with them.

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Wynwood Is Getting a New Park and It Looks Like a Greenhouse

Categories: Unreal Estate

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via wynwoodgreenhouse.org
A rendering of Wynwood Greenhouse Park.
Wynwood is getting a new park, and it will look kind of like a greenhouse. The plan, for a well-manicured space with grass and trees covered by a thin, translucent structure, was the winner in an international competition sponsored by Tony Cho, CEO of Wynwood real estate firm Metro 1.

"We hope that our park will be a place where people come together with nature and art in an urban environment," the winning team, comprised of artist Jim Drain, landscape architect Roberto Rovira, and architect Nick Gelpi, said in a release, "where everyone can feel at home and where people and nature thrive together."

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Posh Brickell Condo Claims Contractor Stole Thousands While Residents Suffered

Categories: Unreal Estate

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Photo by Pgarcia400 via Wikimedia Commons
What's your condo horror story? An air-conditioning unit that wasn't fixed for weeks? A neighbor whose loud music kept you up all night?

How about a general contractor who ultimately bilked the condo association out of hundreds of thousands of dollars while residents were left with flooded apartments and spotty electrical work?

That's what tenants at Skyline at Brickell, a posh 35-story tower, endured, at least according to a recent lawsuit filed by the condo association. "There were questions that couldn't be answered," says John Whittles, an attorney representing the association. "They eventually found out the amount that was going out the door, and it kind of blew up from there."

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Design District Garage Will Include Five Different Facades and "Tube Slide"

Categories: Unreal Estate

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We imagine an entry from a history book 1,000 years in the future will read like this:

"Though automobiles were present across the globe, few countries worshipped their cars quite like the United States. In the suburbs, Americans tended to build rooms for their cars in their homes as if they were a member of the family. Though, in urban areas residents tended to rely on public transportation, and any cars were kept in utilitarian structures or on the street. The city-state of Miami however was a notable exception.

The city's elite, enriched through the odd practice of selling housing units to people who never intended to live there, set out on building grand temples to house their cars. The world's leading architectural talents were commissioned to design ostentatious garages with no expenses spared. One of the finest is in an area once called the Design District. Five separate architects collaborated on the project to give the building five separate facades. In fact, the garage is still a popular diving location for tourists visiting the nearby floating resorts."

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Who Is exMiami? PR Firm Denies It's Behind Mysterious Real Estate News Site

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Who is behind exMiami, a curious blog that details development around town? Well, no one seems to know, and, of course, any mystery in Miami must have some nefarious explanation. Right? Well, maybe, maybe not.

Yesterday, blogger Al Crespo alleged, with little evidence, that PR maven Tadd Schwartz of Schwartz Media Strategies, a company hired by many big-time developers, was behind the blog. But today, Schwartz was quick to issue a denial.

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Key Biscayne Home With Private Cove Lists for $60 Million

Categories: Unreal Estate

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Photo by Jason Spiewak
Oh, there are lots of fancy homes for sale in Miami on the water, but darling, darling, don't you know that's absolutely basic compared to a home with its own private cove? Fortunately, there's just such a home with its own private cove for sale on the tip of Key Biscayne. It's been listed for $60 million, and if it goes for anything near that amount, it would be the single most expensive home ever sold in Miami-Dade. But private cove opportunities come up only every so often.

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David Beckham Considering Old Miami Herald Site for Stadium

Categories: Unreal Estate

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David Beckham continues having possible soccer stadium sites waved in front of him only to see them snatched away. The latest idea: building a stadium on the old site of the Miami Herald building, though that plan certainly seems like a stretch.

See also: Could David Beckham Be Taking His Team to Broward?

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Mario Chalmers Selling Condo He Bought From Drake at $1.6 Million Markup

Categories: Unreal Estate

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In 2012, Miami Heat point guard Mario Chalmers bought a condo from Drake for $2.4 million. Only two years later, he's put it back on the market for $4 million.

Yes, it is the condo from the "I'm on One" video.

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Stop Erecting Giant Phallic-Shaped Structures in Miami and Calling Them "Legacies"

Categories: Unreal Estate

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When developers Russell Galbut and Jorge Perez revealed their quickly nixed plans to build the largest condo tower on South Beach at 500 Alton earlier this year, they talked about it as their "legacy." That's nothing new. For years South Florida developers have been pretending their business deals are something greater than they are, and that glistening towers meant for the ├╝ber-rich will leave some sort of hallowed legacy for all the citizens of Miami.

But this "legacy" business has gotten out of control. There's a strange new trend of rich Miamians trying to make giant additions of phallic-like structures to our skyline in any way possible and calling it a legacy.

See also: No, Miami Does Not Need a 400-Foot American Flag Downtown

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