April 26, 2024

Miami-Dade Roundup

Fashion Dreams in Miami

Entrepreneur Hakan Baykam hopes his international fashion school leads to bigger things for Miami.

MIAMI — Developer Swerdlow Group and the city are in final negotiations for the company to build a $130.5-million, 860,000-sq.-ft. retail and workforce housing project in Overtown. Called Sawyer’s Landing, it would include 115 condo units and be 12 stories tall.

  • Technology incubator and venture fund Rokk3r Labs went public by acquiring the majority of shares of Eight Dragons, which was already public.
  • The University of Miami’s Bascom Palmer Eye Institute received its largest gift ever — $12 million from local philanthropist Lois Pope — which will fund a new research center on its Palm Beach Gardens campus.
  • A subsidiary of aviation, defense, space, medical and electronics company Heico acquired 85% of California-based Sensortech, which makes nuclear radiation detectors.
  • Home61, which aims to streamline residential home buying through technology, launched a flat-fee service ($6,100) for homeowners looking to sell their properties.
  • After a nearly four-year trial run in Brazil, Drinkfinity, a Miami-based PepsiCo subsidiary, launched its first products in the U.S. -- pods that can only be purchased online and contain a mix of dry and liquid ingredients that are added to water to produce drink blends.
  • Scientists at the Frost Museum of Science are testing the use of hardier algae to revive stressed coral colonies.
  • The first mixed-use building at Brightline’s MiamiCentral station — the 12-story, 96,000-sq.-ft. 3 MiamiCentral — is complete. Brightline’s headquarters is now in the building.

MIAMI BEACH — The $14.8-million sale of a lower penthouse in Apogee South Beach — for $3,562 per square foot — was the highest per square foot sale since 2015.

MIAMI-DADE COUNTY — The county agreed to lease about 140 acres in the northwest part of the county to a South American developer, who will spend about $100 million to build a two-mile driving course for recreational racers, called Drivers Club Miami.

  • Norwegian Cruise Line Holdings and the county plan a 166,000-sq.-ft. terminal at PortMiami. Miami International Airport’s entire 3,230- acre property was designated a foreign trade zone by the U.S. Department of Commerce. Ford chose the county for its first wide-scale test of selfdriving vehicles.

NORTH MIAMI BEACH — CK Privé Group will begin work on the five-acre, mixed-use Uptown Biscayne development at the intersection of Biscayne Boulevard and 163rd Street. The development will ultimately include 170,000 square feet of retail, 35,000 square feet of office space and a 245-unit residential tower.

PLAYERS

  • Baptist Health South Florida promoted Patricia Rosello to CEO of Baptist Hospital, its largest hospital; she had been CEO of Baptist Outpatient Services since 2003.
  • Florida East Coast Industries Executive Director Michael Reininger, who led development of the Brightline passenger train, will resign this spring.
  • Babson College hired Michelle Abbs as director of its Women Innovating Now (WIN) Lab Miami. She had been part of the management team at Teach for American Miami-Dade.
  • Palace Entertainment promoted Eric Eimstad to general manager of the Miami Seaquarium; he had been its assistant general manager and chief marketing officer.

 

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