Rosinella restaurateur lists Allapattah development site for $21M
The owner of a popular Miami Beach restaurant is looking to sell a development site in Allapattah for $21 million. A company led by Tonino Doino, who owns Rosinella Italian Trattoria on Lincoln Road, is listing the 101,000-square-foot building at 1109 Northwest 22nd Street in Miami’s Allapattah neighborhood. It can also be split into four […]
America’s Progressive Developers, Miami Edition: Carlos Fausto Miranda And Andrew Frey
[This is Part 1 in an ongoing monthly series profiling America’s Progressive Developers.] Miami, FL — In July of 2017, I announced the beginning of a Forbes series called America’s Progressive Developers, documenting the different forward-thinking builders I met while traveling cross-country. The initial two that I’m profiling—Carlos Fausto Miranda and Andrew Frey—are fitting first choices. They are […]
Why Obsolete Warehouses on the ‘Last Mile’ Are Attracting Institutional Investors
Every $1 billion in e-commerce sales requires 1.25 million sq. ft. of distribution space, said Scott Marshall, executive managing director of advisory and transaction services | investor leasing with CBRE, during a meeting of the Chicago chapter of NAIOP earlier this year. He noted that with e-commerce sales poised to grow by more than 10 percent […]
Rising Sea Levels May Add to Developers’ Interest in Miami’s Inland Areas
Real estate speculation in lower-cost, higher-elevation areas of inland Miami may draw fuel from sea-level rise, according to an article published by Scientific American. Hugh Gladwin, an anthropologist at Florida International University, is starting to see evidence that sea-level rise already is playing a role in real estate speculation on Miami’s inland. Little Haiti, for example, has […]
Commercial investors, developers scour Little Havana for hot deals
In Little Havana, a popular restaurant that once hosted the late President Ronald Reagan for a Cuban coffee visit will soon become a retail and parking project. Nearby, developer J. Milton plans a new apartment complex as rents rise. These developments and more, reinforced by the launch of the new rental project InTown, mark continued […]
Carlos Fausto quoted in The Real Deal’s “The Next Wynwood? Allapattah is Miami’s new hot “hood.”
Lyle Stern had his “aha” moment on a quiet Saturday afternoon last year when he visited Miami’s Allapattah neighborhood with his 11-year-old daughter. Stern, the president of Koniver Stern Group — a leading retail leasing and consulting group based in Miami Beach — took his daughter to a bodega for a $2 fresh fruit shake […]
REAAC Allapattah Property Bus Tour & Discussion
JOIN FIU’S REAL ESTATE ALUMNI COUNCIL FOR A GUIDED BUS TOUR OF THE ALLAPATTAH NEIGHBORHOOD OF MIAMI! It’s a great time for this city to reimagine this historic and thriving up-and-coming neighborhood. Registration & Ticket Information here.
Revival of Five Historic Miami Areas Put Under Microscope
It’s a great time for Miami as we witness some of our most historic neighborhoods undergoing a cultural and economic revival. Presented by CREW-Miami, association that provides a forum for professionals involved in the commercial real estate industry, panelists Carlos Fausto Miranda, Tony Cho, Martin Pinilla Shari Neissani, and Mitch Patel spoke about Allapattah, Little […]
Developers Eye Little Havana and Allapattah for Growth
After the successful redevelopment of the Wynwood neighborhood, developers and realtors are beginning to set their eyes on the up and coming neighborhoods of Allapattah and Little Havana. Developers are facing obstacles as they try to push past zoning and other municipal regulations in the area such as zoning and other municipal regulations. Read the […]
Urban Revival: Emerging Miami Neighborhoods
Thrilled to be part of the this month’s panel discussion for Urban Revival! Join us as we discuss four of Miami’s most historic neighborhoods – Little Haiti, Little Havana, Wynwood and Little River – which are experiencing a cultural and economic revival that is drawing real estate investment and new developments. Moderator: Flavia Eternod, Associate […]
Allapattah — emerging neighborhood: ULI event
Many brokers and investors got a close-up look at Allapattah this past Friday on an Urban Land Institute-sponsored bus tour of Miami’s hottest new neighborhood. Leading the tour were Miami Historian Paul George, District 1 Miami Commissioner Willy Gort and Fausto Commercial’s own Carlos Fausto Miranda, which has brokered millions of dollars of deals […]
The Neighborhood Boom: Allapattah’s Diversity Key To Its Fast-Pace Growth
ALLAPATTAH (CBSMiami) – It’s a colorful neighborhood – flowers, fruit, food. Allapattah is known for its big produce market and blocks of discount clothing outlets. It is sometimes called Little Santo Domingo because of its large Dominican community. The Caribbean country’s culture is evident everywhere. It’s also smack in the middle of everything. It […]
