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Inside South Florida - 05

May 3rd, 2022

Miami-Dade Schools

Six M-DCPS High Schools Among America’s 100 Best, U.S. News & World Report announced its list of the 2022 Best High Schools in America, based on the review of nearly 24,000 public high schools in all 50 states and the District of Columbia. Find the complete list

Looking for a beach vacation home ?

Delray  Beach vacation home
Delray Beach

According to the Travel & Leisure , Delray Beach in Palm Beach County ranked among 8 Best Places to Buy Places to Buy a Beach Vacation Home in the U.S.

Technology and rental market

The past few months have been challenging for U.S. renters faced with a combination of rising costs and low availability.

Venture-backed startups haven’t solved the cost and supply issues confronting renters, but they are scaling up some offerings that could ease the process of getting a place. From services to lower move-in costs to apartment comparison platforms to landlord-centered software tools, funding to companies focused on the rental space is going gangbusters. Read More at Crunchbase

Moving to Miami

Miami’s Downtown Development Authority has approved funding three companies that would relocate to Miami and provide high-paying jobs.

Two companies would receive grants from the authority of up to $50,000 yearly over three years under requirements of the Follow the Sun campaign, implemented in the fall of 2020, which incentivizes companies to relocate to Miami’s downtown area and provide at least 10 jobs with a minimum salary of $68,000 a year. Read More at Miami Today

Moving to Miami ??? Airbnb will let its employees live and work anywhere. As of December 2021, Airbnb has 6032 employees and half in the US.

New Development

Electra America, a real estate private equity firm, and BH Group, a Miami-based private real estate investment firm, paid just over one hundred million dollars for the roughly 809,000 square foot mall which is on about 80 acres of land at Southland Mall in Cutler Bay.

The companies are planning a major mixed-use redevelopment of the site.

Calling it one of the largest redevelopment opportunities in Miami-Dade, they plan to modernize and reposition the mall while creating new high-quality housing.

Two Roads Development has submitted plans for a new project in Edgewater that will include three towers, according to The Real Deal.

The developer is buying out the Biscayne 21 condo building in Edgewater for the new project. A bulk unit closing is expected in the next 30 days which will give Two Roads majority control there.

Inside South Florida, the latest in the news in real estate to stay up-to-date, ahead of the curve in less than 5 minutes.


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