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Downtown Miami
201 East Flagler
Moishe Mana has purchased a 2 story building located at 201 East Flagler in Downtown Miami for $12.9 million, according to The Real Deal.
The 29,042 square feet building built in 1947 sits on a 14,000 square foot lot.
Mana recently purchased 26,000 square feet of office space at 100 Flagler Street in March for $4.75 million.
Mana has purchased over $350 million in Miami real estate in Downtown Miami and Wynwood over the past 8 years.
SunTrust International Center
The 31 story SunTrust International Center located at 1 SE 3rd Avenue in Downtown Miami has been sold for $127 million, according to The Real Deal.
Built in 1969 on a 46,844 square foot lot, the building was purchased by PCCP LLC, a real estate investment firm in Los Angeles, and sold by Crocker Partners. Crocker Partners purchased the building for $82.4 million in August 2011.
The nearby Southeast Financial Center sold for $516.6 million in December 2016 and The New World Tower sold for $84 million in October 2016.
Brightline Train
Brightline is set to launch from MiamiCentral Station in Downtown Miami May 19 to begin service from Miami to Fort Lauderdale, West Palm Beach and eventually Orlando. Fares will start between $10 - $25.
MiamiCentral Station is still under construction with the office building 2 MiamiCentral and the ParkLine Residences Towers on the Southern part of the station. The 12 story office building, 3 MiamiCentral, was completed in January of this year.
Previous construction photos of MiamiCentral can be viewed here.
Downtown 5th Rendering
After purchasing a 45,433 square foot lot in Downtown Miami for $10 million, plans have been revealed by Melo Group for the new project - Downtown 5th.
Downtown 5th will be two luxury apartment towers at approximately 50 stories.
Melo Group has been active in the Arts & Entertainment district with Melody Tower, the near completed Square Station and the under construction Art Plaza. Aria on the Bay in Edgewater recently began closings.
The Downtown 5th lot is located next to The Sterling, which was purchased by Okan Group for $18.1 million in March 2017.
Since original plans were revealed March 2017, construction will begin soon on the Brickell World Plaza expansion, according to The SFBJ.
A $20 million construction loan was granted to Brickell Holdings III and Brickell Financial Centre LLC to create a 12 story building with 553 parking spaces, office space and retail space.
Future plans for the second phase include a 904 foot tower with 360 hotel rooms and 134 residential units.
Rendering of 82 Story Tower
An 82 Story tower has been proposed at the Downtown Miami Courtyard Marriott site at 200 SE 2nd Ave, according to The Real Deal.
The 1.5 million square foot building would have 266 hotel rooms and 637 residential units with 553 parking spaces.
Currently on the site is a 13 story Courtyard Marriott that was built in 1975 on 1.2 acres.
The building was listed for sale in September 2014 and eventually taken off the market.
The site is owned by AVR Realty affiliate Miami Convention Hotel Corp.
Aston Martin Residences Site
After breaking ground in October 2017, foundation work still continues at the Aston Martin Residences site along the entrance of the Miami River.
At 66 stories, Aston Martin Residences will have 390 residential units.
Previous stories on the Aston Martin Residences can be viewed here.
