The Problems with Minimum Parking Requirements in Miami

Miami’s excessively high minimum parking requirements can prevent a great project from moving forward. A developer may have a brilliant idea for a site, but if he or she cannot accommodate parking within the footprint of the site the project will likely not break ground. The sad truth is that parking dictates development in Miami… Read more…

Downtown Urban Living is White Hot; Centro Sells 50% of Units in 60 days

The Miami Heat isn’t the only thing that is hot in Downtown Miami.  The downtown condo market continues its white-hot streak too.   According to Centro’s press release: More than 180 of the 352 units in approximately 60 days, indicating a surge for demand in urban residential real estate in the Downtown Miami market. The sales figures are reflective of… Read more…

The 305 Talks: Harvey Hernandez from Newgard Development Group

Newgard Development Group Chairman and Managing Director Harvey Hernandez sat down with me to discuss his two Miami projects that are currently under development in Brickell and Downtown. BrickellHouse is under construction and Centro will break ground later this year in the heart of Downtown Miami. The partners of Newgard Development Group have spent 15… Read more…