THE NEWS: An F1 Race Car Went to The Top of a Condo Tower; Should Wynwood Get a Tri-Rail Station

The latest real estate and travel news across South Florida:

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Will Downtown Miami’s Bay Walk Ever be Completed?

Miami’s bay walk, extending along the edge of Biscayne Bay from Edgewater to Brickell, through the heart of the city has been in the planning stages for decades. Yet, with plenty of false starts, this great civic amenity designed to ensure public access to the waterfront is still nowhere near completion. At times, the city’s dream of a completely interconnected bay walk connecting and opening Miami’s urban core to the waterfront appears tantalizingly close to completion and, at others, completely dead in its tracks.

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The History of Brickell: Miami’s Manhattan

Bordered by the Miami River to the north, Biscayne Bay to east, the Rickenbacker Causeway to the South, and I-95 to the west, Brickell is one of Miami’s oldest neighborhoods. Constantly evolving, Brickell has changed radically over the years, including an incredible development boom in the last twenty years. Brickell is a hub of the Latin American financial industry, and home to many of Miami’s foreign consulates, as well as thousands of condo-dwelling urbanites. Beginning as a neighborhood of luxurious mansions over a hundred years ago, Brickell has become the densest neighborhood south of Manhattan.

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Coral Gables Glass House is a Le Corbusier Dream for $1.78 Million

Listed just over a month ago for $1.78 million, this modernist house in Coral Gables embodies the ‘machine for living,’ minimalist, glass-on-white ethos of high modernism, with a Le Corbusian / Bauhausian aesthetic. Built in 1979, and designed by a “European architect” per the listing, it looks like something that could have just as easily been plucked out of late 1920s Germany.

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The Miami of India: Art Deco in Mumbai

Did you know that Mumbai has the second largest number of surviving art deco buildings in the world after Miami? Nicknamed ‘Bombay Deco,’ Mumbai’s distinctive art deco architecture is a blend of art deco with traditional Indian motifs, creating a distinctive local style. An ensemble of Bombay Deco buildings was recently recognized as a UNESCO World Heritage Site, on June 30th, 2018.

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The Big Problem of Dirty Money in Miami Real Estate

Since the high flying ‘cocaine cowboys’ era, when it is said Miami’s real estate boom of the ‘70s and ‘80s was funded by cocaine smugglers looking to launder a lot of cash, South Florida has been an attractive place to hide dirty money in real estate. Miami is like any other major global city though, where there is always a bad contingent. Like other highly desirable global cities, such as New York and L.A., and perhaps a little more than those others, dirty money continues to be a big problem in Miami real estate.

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Miami Worldcenter Construction Update: Downtown Will Never be the Same

Construction is proceeding rapidly at Miami Worldcenter, the $2.7 billion mixed-use megaproject that will finally fill the blighted gap between downtown Miami and the Omni area directly to the north. Spearheaded and master planned by developers Nitin Motwani and Art Falcone, various elements of Miami Worldcenter are being built either by them or other developers, and the first part of the massive development will be completed before the end of the year.

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