Miami Condo Market and Lifestyle Updates
New 70,000 Square-Foot Production Space Project Breaks Ground

New 70,000 Square-Foot Production Space Project Breaks Ground

by Sep Niakan | January 20, 2015

In the beginning of December, the Florida Film and Television Center held its ceremonial groundbreaking for the construction of their new building.

The building itself will have 70,000 square-feet of high-end production space, allowing for producers to utilize this space instead of heading all the way to Hollywood.

Developers hope to have the 50 Northwest 14th Street property finished by Summer 2015.

The company leasing the property is EUE/Screen Gems Studios. EUE is paying $100,000 per year, plus 11% of the gross income for the business. The lease is for 10 years, with an option to renew at nine years.

In addition to this new space in Miami, EUE owns and operates production space in New York City, Atlanta, and Wilmington, N.C.

 

Source: thenextmiami.com

Photo credit: Rendering thenextmiami.com

Recent posts

Lifestyle

Car-free in Miami: How to Give Up Your Car for Lyft and Uber . . . and Love it.

by Sep Niakan | November 29, 2016

This is a story of how one Miami condo dweller (that's me, Sep Niakan) gave up his car at the end of his lease and gained freedom (and $$) in its place. If you have been thinking of getting rid of your car or know someone who is, read...

Real Estate News

How Miami Condo Sales Will Benefit from New FHA Lending Rules

by Sep Niakan | November 24, 2016

Lending, specifically FHA lending, is inching forward in favor of Miami Condos. Before President Trump pulls out any game-changers, I thought it would be the right time to reflect on a Bill passed into law by President Obama this August. The...

Real Estate News

Reflecting on BrickellHouse Robotic Parking Garage Failure

by Sep Niakan | November 22, 2016

It’s been almost a year since BrickellHouse’s robotic parking garage blunder, and I’ve been thinking about what this means for the automated parking business in Miami condos. In brief, Boomerang Systems (the robotic garage...

Real Estate News

What’s behind Downtown’s Latest Population Explosion?

by Sep Niakan | October 31, 2016

From a humble 9-to-5 district to after-dark playground for the it-crowd, Downtown Miami has had quite a turnaround in the past decade or so. According to the latest Miami Downtown Development Authority report, there are now 88,540 residents in...