brickell Archives - Rava Realty

Miami dev site prices nosedive

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Miami developer Harvey Hernandez faced a tough market competition with out-of-state high-rise builders for land deals in the city last year. However, the sellers’ attitude towards development sites has significantly changed, and they are now willing to negotiate 5 to 10 percent price discounts and better terms. Land prices in Miami’s urban core fell after the second quarter of last year due to a dwindling inventory of suitable sites for condominium and multifamily developments and rising interest rates, ...

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Miami is getting new amenities

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Miami is getting new amenities

A key stretch of Downtown Miami’s baywalk has been opened to the public. With the newly opened space, pedestrians will now walk along the bay on an uninterrupted path that starts from behind the Perez Art Museum near I-395 to the Miami River. Construction has been underway since at least 2019.

Soon, the walkway will be further extended. A pedestrian bridge has been planned to connect it beyond the I-395 to the Resorts World Miami and towards Edgewater. A pedestrian bridge that could even become a new tourist destination as the city is considering a $20 million plan to ...

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Brickell’s Riverside is now officially open!

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Brickell’s Riverside is now officially open!

Riverside, a waterfront dining and entertainment venue, is now officially open in Brickell.

The venue is opening in phases, Riverside will have seven dining concepts, a tap room, multiple bars, outdoor activities and green space.  In total, there will be 120,000 square feet of space on the Miami River. The design and landscaping at Riverside is said to be recreating an old Florida ...

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Brickell flatiron reaches completion, becomes miami’s fourth tallest tower ever built.

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Brickell flatiron reaches completion, becomes miami’s fourth tallest tower ever built.

Brickell Flatiron has reached completion, the tower is 64 stories and 736 feet above ground becoming the fourth tallest building ever built in Miami and the tallest all-condo building south of New York.

Hundreds of new residents will now begin moving into Brickell, with closing about to begin. A total of 527 residential units were built at Flatiron, of which 95 percent are sold. Approximately 70 percent of the building’s buyers came from U.S. markets.

A ...

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