Shackleton’s Post

A premier luxury mall featuring brands such as Chanel, Gucci and Tiffany is getting into the affordable-housing business. Whitman Family Development, owner of Bal Harbour Shops in Miami-Dade County, filed plans with the city to build a roughly 20-story luxury hotel and three residential towers with 600 units within the complex. One building with about 240 units will be reserved for workforce housing, as part of a new Florida housing law. The legislation offers developers tax breaks and allows them to bypass certain local zoning rules if enough workforce housing is built. The Whitmans have seized on the law to bypass zoning rules that have prevented them from building much beyond the shopping center’s existing three-story height. Widespread community opposition has derailed previous efforts to add taller buildings. Despite the law receiving bipartisan support in the state legislature, its implementation is already drawing criticism from members of local municipalities in both parties who say their power has been pre-empted. Read more from Deborah Acosta’s exclusive reporting: https://lnkd.in/gFA_Q8p5

Is the oldest mall becoming the newest? Southdale Mall in suburban Minneapolis is considered the oldest enclosed mall in the USA. With the addition of fitness, hotels, apartments, and luxury retail it is becoming a brand new mall. Check out this article from the Wall Street Journal to learn more about how Southdale Mall is transforming to meet the needs of modern consumers. #RetailTrends #CommercialRealEstate #ShoppingMalls

WORKING IN THE CITY: Stefanie Bales Fine Art This #LittleItaly boutique gallery is filled with “dreamscapes” and Bales' strong feminine point of view. Company motto: “To make living itself an art, that is the goal.” How can the city be more business-friendly: Offer more diversity for small businesses. The hospitality industry seems to be 90% of business downtown. It’s less of a destination for art, shopping and culture. The majority of downtown real estate is so unreasonably priced. It doesn’t allow space for other types of businesses to exist. I’m hoping the city will eventually offer subsidized commercial real estate. I used to rent a small studio space in the Broker’s Building (the lofts above the old Hooters). It was bought out and developed and that is the same story that just continues to play out. For the rest of this Working In The City profile, go to: https://lnkd.in/gPAfJKFs “Working In The City” is The San Diego Sun’s feature Q&A series with downtown San Diego business operators. It’s a way to get to know the city by meeting the people who work here. This is the eighth in an ongoing series.

Still another opportunity to think about for the "There's no inventory!" club. How many of you would have thought about a "classic car club" as a potential tenant for multiple stories of showroom and office space? I thought so. It seems that somebody did think of that very thing, and went on to make it happen. Small town or a distant suburb? Look again. The deal was done in Manhattan, with a 20-year deal now in place for more than 60,000 square feet. In Manhattan. It had to the a good location for the client, and had to be space which is adaptable for this use. Shows what a major difference having solid market research can do, especially in today's real estate market. Allow me the chance to help you and your people uncover some great opportunities! https://lnkd.in/gnpT5SmQ #Manhattan #ClassicCars #NYC #NewYork #Opportunity #MarketResearch #HellsKitchen #RealEstate #CarDealer #firstin

Boulevard walk mall

Retail is full of, great exposure

Retail Today / Retail Today: How did Miami, this hot southern town become one hottest markets in the world? Now an international city on fire! 🔥🔥🔥 #miami This city was always a major tourist attraction with its warm weather, great beaches and an escape of everyday life. The evolution went from snowbirds, Jewish enclave. the sixth borough of New York City, suburb of Havana, now becoming an international hot spot for art/culture and tech/finance. #snowbirds #jews #cubans #hatians #art #culture #financialcapital In the last 20 years the change has been remarkable, just look at the “Design District”. This was a very seedy part of town, a “no man’s zone”. #urbandevelopment Now the Miami “Design District” is a hub of luxury brands, high end restaurants and art studios. #luxurybrands #dior #louisvuitton #hermes #chanel #versace Miami’s metro area includes over 6 million people and 4 million visitors a years. Immigration has always been the driver. Now another Florida Real Estate Boom! #immigration Are Miami’s elite suburbs becoming the new “Beverly Hills”? #coralgables With Amazon, Apple, Microsoft and others looking for offices, fueling this growth. #amazon #apple #microsoft I have also put my post on Target’s plans for Miami. #target #retail #retailtrends #retailindustry #shoppingexperience #brandexperience #TopRetailExpert

Nice site with FPP for 24 apartments

The Manhattan luxury market this week continues to strengthen, with 20 contracts signed, despite the long holiday weekend. The Upper East Side dominated with a 40% share of the market, closely followed by Downtown, which claimed a 30% share. In an unexpected turn, condos and co-ops were almost split evenly, this is due to the large number of co-op contracts on the Upper East Side. In Brooklyn, we saw a decrease in contracts signed with 14 contracts compared to the prior week with 18 contracts signed. A total of 9 condos, 1 co-op and 4 townhouse contracts were signed. Brooklyn Heights made up the majority of the market share with Park Slope following. To read the full reports, click below: https://lnkd.in/ei2jjpvP https://lnkd.in/eGYkDNh4 #luxuryrealestate #luxuryrealestatemarket #marketupdate #nyc #nycrealestate

Miami's skyline is a story of transformation, and nowhere is this more evident than in the vibrant district of Brickell. Once considered the "Wall Street of the South," Brickell's evolution into a hotspot for luxury living is nothing short of remarkable. 🌴✨ For professionals seeking an epitome of lifestyle and investment, Brickell offers an unmatched package. Imagine waking up to the sun glistening off the water, a quick stroll from work, world-class dining, and cultural experiences right at your doorstep. This is daily life in Brickell, and it's why so many are calling it home. Let's dive into some indisputable reasons why Brickell is not just a wise investment, but a lifestyle choice that sets you apart: 1. 📈 Strong Market: Real estate value in Brickell has shown resilience and growth, even in turbulent times. 2. 🌐 Global Hub: Brickell is the international pulse of Miami, attracting a diverse and dynamic community. 3. 🏙️ Skyline Glory: Modern developments in Brickell are architectural marvels, offering luxury, comfort, and breathtaking views. 4. 🛍️ Retail Rendezvous: From high-end boutiques to trendy pop-ups, shopping experiences are simply unparalleled. 5. 👥 Community: Brickell's community is a tapestry of professionals, artists, and entrepreneurs who value culture and connection. Every city has a heartbeat, and Brickell's is the rhythm of progress. Its growing skyline mirrors the aspirations of its residents - always reaching higher, living bolder. As an expert in Miami's real estate scene, my role goes beyond transactions; it's about guiding your journey to the top, where the skyline isn't just a view, but your neighbor. 🏢🌇 Are you ready to become a part of Brickell's thrilling narrative? Feel free to give me a call at 305-984-4875 or visit my website at www.oliversellsmiami.com #MiamiRealEstate #Brickell #LuxuryLiving #InvestmentOpportunity #SkylineSuccess #oliversellsmiami #buywitholiver #oliverruizrealtor