Good morning — here are today’s most relevant South Florida real estate stories, curated by Adonait Business LLC. Each item links to the original source.
Buried in Florida House Bill 1389 is a provision that, in a way, removes protections that local governments have in lawsuits filed against them. The bill, recently signed into law by Gov. Ron DeSantis, expands the definition of…
A team led by Blake Investment Partners won a bid to redevelop St. Petersburg’s Historic Gas Plant District, home to Tropicana Field and one of the most sought-after development opportunities in the Southeastern United States. St. Petersburg Mayor…
LCOR scored a $192.5 million construction loan for a 544-unit luxury apartment tower in Edgewater, as developers are excitedly pursuing multifamily projects across South Florida, despite a lingering oversupply. New York-based LCOR started construction of a 39-story building…
Developer David Martin is in talks to join the Related Group and BH Group on their planned redevelopment of the Hollywood Beach Resort, sources told The Real Deal. The Pérez family’s Coconut Grove-based Related and Isaac and Liat…
Billionaire Citadel founder Ken Griffin has already conquered the land and the sea in Miami Beach. His next target? The air. City commissioners approved Griffin’s massive private megayacht marina at 120 MacArthur Causeway a few months ago, but…
🏆 New Building: The largest new building permit issued last week was for an $11.8 million construction project at 6520 North Andrews Avenue in Fort Lauderdale. The permit is associated with developer Pinnacle’s proposed two-building affordable housing development…
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