The Turnberry Resort is one of the largest hotels in South Florida, designed by NBWW. By Matthew Arrojas Fontainebleau Development sold a 25% stake in Aventura’s JW Marriott Miami Turnberry Resort & Spa, one of South Florida’s largest hotel properties. British billionaire brothers David and Simon Reuben purchased the stake in the 685-room hotel for an undisclosed amount. Their private equity and investment company Reuben Brothers will partner with Fontainebleau Development on other projects in the future, the company announced…

by Emily Goldfischer While there’s no denying it will take some time for the hospitality industry to recover from COVID-19, the newly renovated Loews Miami Beach is well-positioned to capture pent-up demand. When the Loews opened in 1998, it was the first new hotel to be built on Miami Beach for 30 years, serving as a catalyst for the tourism destination. Some two decades later, nearly every major hotel brand has a flag on Miami Beach, but Loews is in…

Tampa is a city with an emerging downtown poised to capitalize on a strong economy, a growing housing market, and property values low enough to attract new investments, according to a new study by the International Downtown Association (IDA). Kathy Steele Tampa is a city with an emerging downtown poised to capitalize on a strong economy, a growing housing market, and property values low enough to attract new investments, according to a new study by the International Downtown Association (IDA)….

While some projects were forced to shut down during the pandemic, others stayed full steam ahead. Author: Lia Fernandez (WTSP) TAMPA, Fla. — An additional 2,000 hotel rooms are being added to the Tampa Bay area. Even with a pandemic on our hands, a big chunk of these new rooms will be done in time for the Super Bowl. “Tampa is an interesting place because Tampa seems to roll up sleeves when things are not going well,” said CEO and…

The week’s real estate news, including Cohen Brothers propose 23-story office tower – West Palm Point By Brian Bandell Cohen Brothers Realty Corp. has unveiled plans for a new office tower in downtown West Palm Beach. The New York-based developer agreed to lease the 2.4-acre property at 801 S. Dixie Highway from the city’s Community Redevelopment Agency. West Palm Point would rise 23 stories. The tower would have about 352,000 square feet of leasable office space and about 25,000 square…