Sunset
Sunset, FL · Business
Miami Herald
Go inside a Miami mall that was once a haven for wealthy shoppers
When the Omni International Mall opened in 1977, it changed the way we lived. On breaks, downtown workers dashed in to make a quick purchase or have lunch at one of the restaurants or the food court. Teenagers from Little Havana, Overtown and Miami Beach descended on the mall after school and on weekends to see the latest movie at the multiplex, hang out in the record store or take a spin on the carousel. People who lived in Mid-Beach and South Beach now had a relatively close place to shop and eat with just a quick ride over one of the causeways. Wealthy Venezuelans bought lots of big-ticket items during a boom in the Latin American economy. Customers headed to the bakery to buy some cinnamon bread, browse through the bookstore, search for the latest sales. The Omni, lording over Biscayne Boulevard between 14th and 15th streets, was modern, weather-proof, convenient and fun. It was anchored on one side by J.C. Penney and the other by Jordan Marsh, which became Burdines in the mall’s later years. The mall opened in 1977 along with a hotel, also called the Omni International. Before the mall and hotel were built, the free-standing
hoodline.com
businessdebut.com
Miami New Times
hoodline.com
Nine-Story Coral Gate Project Starts on Former Shopping Plaza Site
A demolished shopping plaza at 1546 S.W. 27th Ave. is no longer just an empty Coral Gate lot. Habitus Coral Gate RFII-B LLC has started construction on a nine-story mixed-use building there, in Miami 33145. Florida YIMBY reported that an affiliate of Habitus Capital is moving ahead with the venture....
Miami New Times
hoodline.com
Cermaq's New Miami Plant to Pack Salmon in Skin-Packs Starting Early 2027
Cermaq is building a new processing plant in Miami that will produce skin-packs, with the facility expected to open in early 2027. The investment places the company squarely in a packaging trend that has already reshaped how seafood reaches U.S. grocery shelves. According to Undercurrent News, the project is pegged...
floridayimby.com
Demolition Begins At Site Of 649-Foot EDITION Residences In Miami’s Edgewater
Demolition work has commenced at 2121 North Bayshore Drive in Miami’s Edgewater neighborhood, where Two Roads Development plans to construct EDITION Residences, Miami Edgewater, a 55-story, 649-foot residential tower designed by Bernardo Fort-Brescia of Arquitectonica. The development will contain 185 condominium residences, with interiors by Studio Munge and landscape architecture by EDSA.
Miami Herald
The world's economic rules are changing. What's at stake for Miami? | Opinion
At a moment of significant geopolitical and economic realignment, the question facing investors, business leaders and policymakers is no longer simply where capital will flow, but what conditions will allow it to succeed. Shifting trade relationships, geopolitical tensions, technological advances and growing energy demands are reshaping the global investment landscape. Financial returns remain essential, but so do political stability, reliable infrastructure, access to energy, skilled talent and international partnerships. For 15 years, the International Economic Forum of the Americas has chosen Miami as a meeting place for conversations about the forces shaping the global economy. With its deep connections to the United States, Latin America and beyond, Miami offers a setting for international leaders to exchange perspectives, explore shared challenges and identify opportunities. Long recognized as a gateway to Latin America and the Caribbean, Miami has evolved into an international destination for finance, real estate, technology, hospitality and major global events, including Formula 1 and the FIFA World Cup. Its growing relationships with investors from the Middle East and other markets reflect the international nature of its economy. But attracting capital and international attention is only part of the equation. The greater challenge is translating that momentum into sustained economic
miamilivingmagazine.com
secretmiami.com
After 27 years, Barnes & Noble at Sunset Place confirms it will close its doors in January
Last year, we shed a collective tear when the Barnes & Noble in West Kendall closed its doors after three decades. Now, another one of our beloved literary spots is turning its final page. Barnes & Noble announced it will close its location at The Shops at Sunset Place on...
shoppingcenterbusiness.com
floridayimby.com
Construction Starts on Nine-Story Mixed-Use Building at 1546 S.W. 27th Ave, Miami, Florida
An affiliate of Habitus Capital is moving forward with a mixed-use venture in Miami-Dade County’s Coral Gate neighborhood. Developer Habitus Coral Gate RFII-B LLC has started construction on a nine-story building set to occupy a 19,712-square-foot site. It formerly hosted a shopping plaza that has since been demolished. The firm acquired the parcel for $4 million in 2023.
floridayimby.com
Aman Group Unveils 1,049-Foot ATMA Miami Supertall Designed By SHoP Architects In Brickell
Aman Group has announced the launch of ATMA, a new hospitality and residential brand that will debut with a 1,049-foot-tall supertall skyscraper at 1111 Brickell Bay Drive in Miami’s Brickell neighborhood. Known as ATMA Miami, the development will feature a hotel, branded residences, a private members’ club, and extensive wellness and recreational facilities. The project is being developed by OKO Group and Oak Row Equities, with architecture by SHoP Architects and interiors by Studio Paolo Ferrari. Completion is scheduled for 2031.
Miami Herald
Food and gas prices remain high. What does that mean for Miami homebuyers?
Inflation was stubbornly high in October, Bureau of Labor Statistics data released Tuesday shows, a sign that the costs squeezing South Florida wallets hardest — particularly energy and housing –– remain elevated. Nationwide, prices rose 0.4% last month, down from a 0.6% jump in September but still more than twice the Federal Reserve’s target. “Everyone’s getting squeezed by prices going higher, and that’s true in South Florida and it’s true around the country,” said Bryan Cutsinger, a professor of economics at Florida Atlantic University’s College of Business. That means the Fed is all but assured to raise interest rates at its rate-setting meeting in December, he added. What prices changed? Fuel costs are the real kicker. Gasoline prices, for instance, rose 1% nationally, down from the 9.3% jump they experienced in September but still rising. In South Florida, gas prices are up 38% on the year, the bureau’s data shows. Some costs rose faster in South Florida than they did nationwide. Shelter, for instance, was up 0.4% last month in the Miami metropolitan area, which extends up through West Palm Beach, slightly above the national average. That increase was so significant that it drove roughly a third of October’s price