February 23, 2024
ATS Mia Oct 2023

A Westin Hotel going up at MIA will connect to Concourse D.

Photo: Arquitectonica

ATS Mia Oct 2023
Venture capital and AI wunderkind Lucy Guo has raised $9 million in seed money for her platform, Passes, for influencers. It aims to help content creators maximize earnings by selling restricted material and providing direct interaction with fans. Florida Funders is among the company's backers. Guo - a San Francisco transplant who quit Carnegie Mellon University to start a company with the financial support of PayPal co-founder Peter Thiel - moved to South Florida after making her name co-founding Scale AI and Backend Capital.

Photo: Courtesy Lucy Guo

ATS Mia Oct 2023
After five years as CEO of eMerge Americas, Felice Gorordo stepped aside to serve as the U.S. alternate executive director of the International Bank for Reconstruction and Development and as a representative on the board of the World Bank.

Photo: eMerge Americas

ATS Mia Oct 2023
Melissa Medina helped launch eMerge Americas in 2014. Medina is eMerge's new CEO.

Photo: eMerge Americas

ATS Mia Oct 2023
Lefferts has submitted an application to Miami Beach's Design Review Board for a 20-story, 125-unit condo tower south of Surfside on 72nd Street. It hopes to break ground on the project - tentatively named 72B - next year and complete the building in 2027. The NewYork-based company opened a Miami office in 2019 with a focus on redeveloping North Beach.

Photo: Rendering: Lefferts

Miami-Dade Roundup

MIA Facelift

Miami-Dade County commissioners approved two major projects that will renovate key airport infrastructure.

Michael Fechter | 10/23/2023

SPOTLIGHT

FDR Miami Hotel, a partnership between Fontainebleau Development and Related Cos., is building a 451-room Westin Hotel near the Dolphin parking garage. Guests will be able to cross a pedestrian bridge to enter the airport’s Concourse D. FDR will pay the county at least $2.58 million per year in a 50-year lease.

Commissioners also signed off on a multi-million-dollar plan to replace or upgrade hundreds of elevators, moving sidewalks and more. It’s part of a broader effort to “future-proof the conveyance units at Miami International Airport for decades to come,” said Miami-Dade County Mayor Daniella Levine Cava.

Miami’s airport is the fastest-growing in the nation, expected to serve 52 million passengers this year.

AFFORDABLE HOUSING

  • Groundbreaking is about a year away for the Coral Rock Development Group’s mixed-use, mixed-income apartment building in Alapattah, west of Wynwood. Dulce Vida will include 200 units, with 85 set for people earning up to 60% of the area’s median income and 85 reserved for those earning the median income. The building’s first floor will house a new Miami-Dade Public Library System Allapattah Branch Library, replacing the existing library which stands on the development site.
  • Miami-based Terra opened its latest multifamily housing development, Natura Gardens, in West Hialeah. Rents in the 460-unit complex start at $2,000.

DEVELOPMENT

  • Rick Beckwitt retired last month after five years as Lennar Corp.’s co-president and co-CEO. He joined the company in 2006 and is credited with helping guide it through the 2008 housing market collapse. Lennar Executive Chairman Stuart Miller will add co-CEO to his title, leading the company in partnership with Jon Jaffe.
  • Pacific & Orient Properties has started construction on 7918 West Drive in North Bay Village, a 21-story condominium on the Intracoastal Waterway. Set to open in 2025, the 52-unit building promises an elevated Zen garden and facial recognition security, with prices starting at $2.2 million and penthouses listed for $17 million.

REAL ESTATE

  • Amazon founder Jeff Bezos paid a reported $68 million for a 9,300-sq.-ft. house on Indian Creek Village, a man-made island on Biscayne Bay dubbed “billionaire bunker.”

Tags: Miami-Dade, Real Estate, Travel & Tourism, Feature

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Florida Trend Video Pick

Mobile food truck provides fresh, free fruits and vegetables in Progress Village
Mobile food truck provides fresh, free fruits and vegetables in Progress Village

Hillsborough County and Feeding Tampa Bay are partnering with a local organization to provide healthy and fresh food in Progress Village. The Grow My Giving Mobile Fresh Market truck will provide free fruits and vegetables twice a month through at least September.

Video Picks | Viewpoints@FloridaTrend

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