According to Colliers’ latest Sunshine State Shopping report, Florida now holds over 1.26 billion square feet of retail space — 26% of all new U.S. supply this year. South Florida alone accounts for one-fifth of the state’s retail inventory, with Miami-Dade leading in construction and occupancy rates. As noted in an article by the South Florida Business Journal, while standalone retail buildings are being added to Broward and Palm Beach counties, most of Miami-Dade retail resurgence is being driven by…

A utilities agreement has been completed for Block E at Miami Worldcenter, as reported by TheNextMiami. The addendum was recorded on July 21st, and it modifies a previous utilities deal, revising planned usage that includes a bar/cocktail lounge, full-service restaurant and office spaces. Designed by Nichols Architects and developed by Flow, the retail building at Block E is planned to rise 3 stories, with some of its air rights used on Miami World Towers, a 4-tower complex also designed by…

Few buildings capture the vision of Coral Gables as precisely as The Alhambra. Spanning a full city block and thoughtfully integrated into the city’s Mediterranean character, the landmark property continues to define the heart of Coral Gables nearly four decades after its completion—and today, it has reentered the market as a testament to the enduring value of well-executed design. Designed by Nichols Architects, Alhambra Plaza was completed in 1987 and was the first project built under Coral Gables’ Mediterranean ordinance,…

During its regularly scheduled City Commission Meeting on Monday, July 7, the Sarasota City Commission unanimously approved a rezone request for the Mira Mar building on South Palm Avenue, changing the 1.2-acre site from downtown core to downtown bayfront zoning. Two buildings, reaching a maximum of 18 stories, will rise behind the almost 400-foot-long plaza, much like the old hotel used to rise behind it, and revenue from the condo sales, many with expansive water views, will assist with funding…

Miami-Dade could soon rename the Park West Metromover station. The new name of the station is proposed to be the Miami Worldcenter Metromover Station. A memo from county staff notes that Worldcenter is a massive development spanning multiple blocks and a mix of uses. Renaming the Park West Metromover Station as the Miami Worldcenter Metromover Station “will promote and identify this landmark which is expected to have a positive impact on the growth of our local economy and tourism industry.”…