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Latest reporting from the Business desk.
At the Urban Land Institute's fall meeting at the Miami Beach Convention Center, development executives argued that getting infrastructure, tenant mix and community amenities right matters more than maximizing leasable square footage for retail success.
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View MoreMiami Beach wins state approval for $541M beachfront plan
Florida's Acquisition and Restoration Council unanimously approved Miami Beach's updated 10-year Beachfront Management Plan, a $541 million framework covering erosion control, dune management, public access improvements and shoreline protection for more than $62.4 billion in taxable property.
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View MoreSouth Beach's Betsy Hotel offers Rosh Hashanah specials Sept. 11
LT Steak & Seafood at The Betsy Hotel on Ocean Drive will serve Rosh Hashanah dishes including matzo ball soup and braised brisket on Sept. 11-12, while Plum Market Aventura takes holiday meal orders through Sept. 8.
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View More7200 Collins foundation work starts at 96%-sold North Beach tower
Foundation piles are going in at 7200 Collins, the 222-unit North Beach luxury condo that is 96% sold and backed by an $85 million Deutsche Bank construction loan, with completion targeted for late 2027.
Business
View MoreHawkeye Digital moves headquarters to 350 Lincoln Road
Hawkeye Digital, a publicly traded private equity and merchant banking firm focused on digital assets, has relocated its national headquarters to an Industrious coworking space at 350 Lincoln Road and plans to hire locally as it scales beyond its current sub-10-person team.
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View More321 Ocean duplex leads Miami-Dade condo contracts at $10.4M
A duplex at 321 Ocean Drive in Miami Beach went under contract at $10.4 million, leading all condo deals in a slow week that saw Miami-Dade luxury volume drop from $249.4 million to $83.4 million.
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View MoreGrand Hyatt Miami Beach tops off 800-room tower
The 800-room Grand Hyatt Miami Beach topped off in July 2026 and is scheduled to open in late 2027, connecting to the convention center via skybridge and backed by $75 million from Miami-Dade County and a $392 million construction loan.
Business
View MoreMiami Beach's former Playboy Theater lists for $6.5M
The former Playboy Theater at 5445 Collins Ave., a 26,000-square-foot venue designed by Jackie Gleason in 1967, is listed for $6.5 million after a price cut from $8 million, drawing its original general manager back after 55 years.
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View MoreMac's Club Deuce celebrates centennial with free Sept. 5 party
Mac's Club Deuce, Miami Beach's oldest dive bar, celebrates its centennial with a free block party on Sept. 5 featuring live music, anniversary merchandise, and a charity raffle on 14th Street at Washington Avenue.
Business
View MoreActivate Hospitality buys Stern's Casablanca units, approaches 150 total
Sagar Desai's Activate Hospitality paid $2.8 million to buy out developer Michael Stern's stake in 33 commercial units at the Casablanca condo-hotel on Collins Avenue, bringing the firm's holdings to nearly 150 of the building's roughly 350 units as it pursues a full buyout of the 1948 oceanfront property.
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View MoreContinuum Miami Beach earns inaugural Forbes luxury residence designation
Continuum Miami Beach earned Forbes Travel Guide's inaugural VERIFIED Luxury Residences designation, joining fewer than 20 properties worldwide invited to participate in the new hospitality-grade residential service certification.
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View MoreW South Beach closes as Waldorf Astoria conversion begins
The W South Beach closed Aug. 20 after nearly 17 years, permanently terminating 337 workers, as Reuben Brothers begins converting the 348-suite Collins Avenue property into Waldorf Astoria Miami Beach with a winter 2027 reopening target still awaiting city board approvals.
Business
View MoreEight towers reshape North Beach with $1B-plus in new condos
Eight residential tower projects totaling more than 1,300 units and over $1 billion in investment are transforming North Beach into Miami Beach's next luxury residential hub, with the first deliveries expected in early 2027.