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May 22, 2019

Which Miami Neighborhood Will Heat Up Next?

What fund partnerships are optimal for opportunity zone investment? Hear from Berkowitz Pollack Brant Tax Services Director Art Lieberman at Fort Lauderdale Opportunity Zones June 20

The residential population in downtown Miami has doubled from about 40,000 in 2000 and is expected to surpass 100,000 in 2021. That is just one sign of the city's surging urban core. 

Which Miami Neighborhood Will Heat Up Next?

The surge of population could help turn Downtown Miami's main corridor, Flagler Street, into a café district, said Gary Ressler, a principal at Tilia Cos. The Flagler Business Improvement District could give those efforts a big boost.Tilia’s holdings include the 17-story, Art Deco Alfred I. DuPont building, which was built…

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NASA Planning Test Flights For Drone-Powered Cities

NASA Planning Test Flights For Drone-Powered Cities  

Even though there's not yet a commercially viable drone that can transport humans around, at least two Florida developers are building with a Jetsons-style future in mind. NASA this week announced that from now through August it will embark on its "final and most complex season of flight tests, called Technical…

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Life Time Launches High-End Apartment Concept

Life Time Launches High-End Apartment Concept  

Health club chain Life Time is running into the high-end multifamily segment with the launch of Life Time Living, a health-focused luxury residential experience that will be opening its first locations in Dallas, Las Vegas and Miami. Combined with Life Time Fitness and Life Time Work, these projects will now be Life Time Villages.

Life Time Living's first location in DFW will be in Midtown Dallas near Interstate 635 and the Valley View Mall revitalization project.  In this part of Dallas, Life Time is partnering with Beck Ventures to form Life Time Dallas Midtown, a 390-unit residential community attached to…

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ICSC RECon: Cities Are Promoting Their Opportunity Zones For Investment

Cities and economic development teams are getting into the opportunity zone game and bringing potential investment sites to the biggest annual retail real estate convention.

At booths at this year's ICSC RECon, several municipalities and local governments can be seen discussing sites with potential investors. Large maps of designated opportunity zones are hung up inside their booths. Pamphlets and other literature are strewn across the table. 

"This is the first place-based incentive that has been rolled out by the federal government in many years," Alliance for Economic Development of Oklahoma City President Catherine O'Connor said.

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Only Florida Taxes Commercial Leases. NAIOP Wants To End That.

Only Florida Taxes Commercial Leases. NAIOP Wants To End That.  

Florida is the only state in the nation to charge sales tax on commercial leases, which it has been doing since 1969. The rate was 5.7%, but in the annual legislative session that ended this month, lawmakers agreed to roll it back to 5.5% starting in January. It will be…

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Behind The Hashtag: Meet The Women Making #CREChat A Viable Networking Tool

 

Two women in commercial real estate are proving retweets are just as important a networking tool as handing over a business card.

Memphis-based Cushman & Wakefield/Commercial Advisors Senior Associate Casey Flannery and Nashville-based Foundry Commercial Vice President Melissa Alexander have run the @CREChatLive handle on Twitter for just over a year. The account hosts a monthly industry “chat” dubbed #CREChat where people from all sectors and points in their CRE careers can weigh in on that month’s topic. 

Discussions have ranged from how to encourage more female leaders in CRE on International Women’s Day to the importance of data in CRE. One planned for the end of May will cover millennials and commercial real estate. 

“It’s like we’re doing a little bit of research with a small group each month and figuring out how we can work together more and implement good changes,” Flannery told Bisnow.

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