Aria Development Group has closed on the purchase of the historic 1929 London Arms building located at 727 Collins Avenue on South Beach. The 22,000 square foot building was purchased for $6.5 million in partnership with Wexford Capital. According to Aria Development principal David Arditi he is looking to attract a fashion/clothing/apparel tenant to compliment… Read more…
Category Archives: Mixed-Use
Historic Buena Vista
One of my favorite neighborhoods in Miami is historic Buena Vista. Located to the north of the Design District, it happens to be one of Miami’s oldest neighborhoods. According to Historicpreservationmiami.com “In the 1890s, Buena Vista was a small village whose founding and growth paralleled Miami’s. During the Land Boom of the 1920s, the area… Read more…
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…