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Miami-Dade roundup
University of Miami is banking on brains
UM's brain tissue bank is a center for research into brain-related disease.
Seeing Green
Miami’s commercial real estate is among the nation’s greenest.
- No. 9 Miami’s ranking among U.S. cities
- 79 Miami commercial buildings certified with an EPA Energy Star label or LEED certification
- 19. 4% Portion of Miami commercial real estate certified as green
- 77% Portion of commercial real estate certified as green in the top “green” city in the U.S., Minneapolis
Source: 2014 Green Building Adoption Index, by CBRE Group and Maastricht University
Players
- Real estate investment trust company Equity One hired Michael Makinen as COO. He had been COO of Olshan Properties.
- Appliances maker IMUSA named co-founder Raul Corzo president; he had been the company’s vice president. Co-founder Manny Gaunaurd, who had been IMUSA’s president, is retiring.
Condo Pipeline
A joint venture between Miami Developers Terra Group and Related Group expects to begin construction next year on Park Grove in Miami’s Coconut Grove neighborhood. It will include three 20-story condo towers with about 280 units between them. The project will also include retail.
TSG Paragon Development plans to break ground later this year on the 81-unit Cassa Brickell, just off Brickell Avenue.
Integra Investments is developing the eight-story, 40-unit Sereno on the bayfront in Bay Harbor Islands.
Profile Biorasi
Like many companies, Biorasi hit a rough patch during the recession, costing it local and state incentive money that was based on hiring goals. The company, which manages clinical trials for pharmaceutical companies, moved to Aventura from Hollywood in 2011, growing to 80 employees by the end of last year. In March, it doubled its space, moving into a 20,000-sq.-ft. office. An offshoot of the Russian Academy of Sciences, Biorasi has focused on optimizing clinical trials for pharmaceuticals. CEO Boris Reznik says the company plans to add 20 to 30 employees to its Aventura office this year.
