Downtown’s growth key to drawing auto race to Miami
Apr 25, 2014 April 25, 2014
Auto racing fanatics want to host their annual event in Downtown Miami in the same place that made city politicians uneasy.
Due to the recent growth of Downtown Miami, which was caused by recent residential development, Formula E Holdings, a motorsports company based out of London, has become interested in the area for hosting a race.
However, big events that close down the streets of Downtown Miami are controversial at the moment, due to the recent Ultra Music Festival’s fiasco. More than 55 arrests were made, and a security guard was trampled, which caused Miami’s Mayor and Commissioner to force the event to leave downtown.
Formula E Holdings officials believe that the racing event does not have the same risks as the music festival did. The race would be on a much smaller level, and according to Tim Mayer, Andretti Sports Marketing executive director, “The race track we’re planning is designed to minimize the impact to the residents and businesses in downtown.”
The race is part of the opening season of the Formula E Championship, the world’s first electric car racing series. The race is scheduled for March 2015 in Miami, and starts on September 13 in Beijing.
Race locations include London, Berlin, several South American cities, and Los Angeles and Miami, which are the only U.S. cities in the tour.
Source: therealdeal.com
Photo credit: Conference - flagword.com, Logo - wikipedia.com, Downtown - miamicitydiggs.com, Formula E - motoauthority.com
Share your thoughts with us
Your Miami Condo Awaits
Recent Posts
Real Estate News All of the New Miami Condo Developments: Your Complete Guide
It’s a trend we’ve been talking about since the last quarter of 2020—waves of domestic and foreign buyers are contributing to one of the biggest real estate booms in Miami's history. As individuals and businesses escape high-tax states like New York and California, and opt to work from any location, luxury condo developers have filled Miami with stunning new proposals. In recent years, developers have announced and relaunched more than 100 new condo projects and there are more pouring in each month. To appeal to a wide range of new residents, each new project aims to be taller, more luxurious, and offer the most exciting set of amenities imaginable. Together, these new condo developments will bring more than 10,000 residential units to Miami over the next few years. With the real estate market in Miami in one of its most lucrative cycles yet, here’s an ongoing list of the latest condo projects proposed in Miami. Table of Contents New Miami Condo Developments New Edgewater,...
Video Blog Video: Edgewater, Miami’s Most Luxurious Condos
Edgewater, Miami, has undergone a dramatic transformation in recent years. Once a quiet, overlooked neighborhood, it has turned into a highly sought-after haven for luxury waterfront living. This is a testament to its prime waterfront location, with easy proximity to Downtown Miami, Brickell, and South Beach, stunning views, and the development of world-class condo buildings. In our latest video, Sep Niakan, founding broker of Blackbook Properties & condoblackbook.com and veteran Miami real estate agent, introduces you to the five most luxurious condo buildings in Edgewater, Miami. These addresses guarantee stunning views, high-end interiors, spacious floor plans, and top-notch amenities – all worthy of becoming your next home. Take a look! These are the condo buildings that make up our insider review of the top five of the best condos in Edgewater, Miami: 5. Biscayne Beach Built in 2016, Biscayne Beach was a pioneer in offering an exclusive members-only beach club. This...
Real Estate News The Most Luxurious North Beach Condos
Luxury means different things to different people, but high-end living usually demands high-end prices. To help you gauge which are the most luxurious North Beach condos, we’ve ranked the top five best buildings in this Miami Beach neighborhood (based on average price per square foot at the time of publishing). This blog will give you our Insider review of the best buildings to live in here, and the kind of lifestyle you can expect to find if you’re interested in experiencing North Beach’s unique flavor of leisurely condo living. — Why Choose North Beach in Miami Beach? North Beach is best known for its family-friendly vibe and its intimate location between the world-renowned South Beach and high-end shopping and more upscale living in Bal Harbour. Typically North Beach is considered to start at 63rd Street and goes up to 87th Terrace. Historically, this has been the sleepy cousin to South Beach and Mid Beach, but recently North Beach has been going through a renaissance with...
Preconstruction What is TCO in Construction & Why Does It Matter to Miami Condo Buyers?
So you’re thinking about buying a new construction condo, or have already purchased one during the preconstruction phase… the biggest question on your mind is: When can I move in? Well this blog will help you answer exactly that question and explain what this key milestone is for any new construction. When any new construction project in receives its Temporary Certificate of Occupancy in Florida, or TCO as it is popularly known, it marks a significant moment in its journey to completion, but an even more significant one if it’s a pre-construction condo. For buyers, this means your new residence is legally approved and safe to move into, with only minor construction work pending. Of course, to do that, it also means that your developer now has permission to close on the units, so you will need to have the rest of your purchase funds ready to take possession of your residence. While this only scratches the surface, in this article we’ll dive deeper into some of the commonly asked...
Lifestyle Miami Beach vs South Beach—What’s the Difference & Where Should You Live?
When searching for an apartment or condo, a lot of people are confused about the differences between Miami Beach and South Beach. Where does one begin and the other one end? For many, South Beach is the glitzy, fun, sexy place they come for a weekend, but it can also be an amazing place to live– whether renting or to buy a condo, depending on what you’re looking for. And Miami Beach is, well, what is Miami Beach? It’s actually quite simple. Miami Beach, overall, is a bona fide city that includes South Beach as one of its neighborhoods. Deciding on where to live doesn’t come down to choosing one over the other. It is more about learning what other neighborhoods are in Miami Beach and what makes South Beach so special that it has reached legendary status. In this article, we’ll uncover both of those things so you can decide if South Beach is a neighborhood for your next apartment or condo. — What is the Difference Between Miami Beach and South Beach? To put it simply, Miami Beach...
Opinions and Advice Complete Guide to Buying a Condo Hotel in Miami
For ages, Miami has been the playground of choice for beach lovers, partygoers, wellness seekers and the average tourist. The constant demand from people wanting to live and play here makes Miami a natural pick for an investment property like a condo hotel. These types of properties go by many names; in the U.S., they're mostly known as condominium hotels, hotel condos, and, of course, condo hotels. Internationally, they're popularly known as condotels. Almost every major hospitality brand either is part of one or is in the process of developing or collaborating on one. But, what is a condo hotel? What makes it a good investment? Why would anyone choose a condo hotel over a traditional condo, a short-term rental condo, or a timeshare? Find answers to such questions and more here in our expert guide to buying a condo hotel in Miami, or jump directly to the list of condo hotels for sale in Miami and Miami Beach. Precon: 888 Brickell by Dolce & Gabbana (artist rendering) — What...
(305) 697-7667
(786) 321-7233 
contact@condoblackbook.com
