Tag Archives: Expensive properties

Developer pays $15.9 million for land to build Pines City Center

Pines City Center in Pembroke Pines is expected to break ground later this year after the developer announced that it bought a 17-acre tract for $15.9 million.

The Terra real estate firm said the land will be part of the first phase of the 47-acre project at the southwest corner of Pines Boulevard and Palm Avenue. Publix Supermarkets will anchor the 200,000-square-foot first phase, which should open in 2017, Terra said.

The second phase will include 100,000 square feet of commercial space, 385 apartments and a movie theater.

“We’re seeing a surge in demand for new retail and lifestyle offerings in the area,” said David Martin, president and co-founder of Coconut Grove-based Terra, in a statement.

Read more …

http://www.sun-sentinel.com/business/realestate/fl-pines-city-center-for-real-estate-col-20160921-story.html

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South Florida’s home prices rising more slowly

House prices keep climbing in South Florida, though the region is losing ground to other areas nationwide, a new report shows.

Prices in Palm Beach, Broward and Miami-Dade counties rose 7.3 percent in July from a year ago, the 17th consecutive increase, according to the Standard & Poor’s/Case-Shiller home price index.

South Florida has ranked among the top three metro areas for price gains and even led the nation last summer. But San Francisco (10.4 percent), Denver (10.3), Dallas (8.7) and Portland (8.5) moved past the tri-county area in the latest survey.

Read more…

http://www.sun-sentinel.com/business/realestate/fl-case-shiller-housing-20150929-story.html

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Miami Beach Convention Center hotel vote delayed, probably until March

Officially postponed: The public vote on a lease that would clear the path for a headquarter hotel next to the Miami Beach Convention Center.

At Wednesday’s Miami Beach city commission meeting, commissioners did not consider placing the item on the November ballot.

Developer Jack Portman, who wants to privately finance a $400 million, 800-room hotel that would rise up 30 stories on public land behind The Fillmore Miami Beach at the Jackie Gleason Theater, requested the delay.

Read More…

http://www.miamiherald.com/…/miami-bea…/article33534357.html

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Kolter building 1,300 homes, townhomes in Palm Beach Gardens

Construction has started on an upscale development in northern Palm Beach County that could add 1,300 homes and townhomes over the next eight years.

Kolter Homes is building Alton on 270 acres at Interstate 95 and Donald Ross Road in Palm Beach Gardens. The property is across the street from the Scripps Research Institute at Abacoa in Jupiter.

Health: What are we made of? Does it matter?

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ARE YOU A CASH BUYER LOOKING FOR GOOD DEALS?

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DO YOU WANT TO BE ABLE TO SEARCH FOR PROPERTIES ANYWHERE YOU ARE?

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