Miami Condo Market and Lifestyle Updates
Current Miami Malls Oppose the Creation of American Dream Mall

Current Miami Malls Oppose the Creation of American Dream Mall

by Sep Niakan | April 27, 2015

While approval came from Tallahassee allowing Five Star’s purchase of state land for their American Dream Miami mall project, local mall owners oppose the deal’s lack of transparency.

Governor Rick Scott and the Florida Cabinet members have approved a new plan to give property owned by the state to Triple Five. Players like General Growth, Turnberry Associates and Simon Property Group, owners of area mall properties, believe the deal was not handled appropriately. Jackie Soffer, a representative from Turnberry Associates, does not think the new mall will be competition since Aventura’s target shopper is more “high end,” but she still “doesn’t believe in the way the government is handling this.”

Triple Five needs to gain support and approval in other areas, such as zoning from local officials, before they can start anything big.

 

Source: thenextmiami.com

Photo credit: Mall - cbslocal.com

Recent posts

Lifestyle

5 February Events in Miami You’ll Regret Not Planning For

by Sep Niakan | January 22, 2017

Welcome to the month of love! February’s here, and it’s time to get into celebration mode once again. With Valentine’s being the highlight of the month, Miami’s got a mixed bag of events that will help singles and couples...

Real Estate News

Could Cite in Edgewater Have New Hotel Neighbor?

by Sep Niakan | January 12, 2017

According to thenextmiami, a petition involving a 15 by 75 feet alley has sparked speculations that a brand new hotel could be coming to Edgewater. Why? Simply because this alley comes attached to a 7,875 sq. ft. plot located at 348 Northeast 20...

Real Estate News

Brickell Avenue Bridge Schedule, Traffic and Solutions -- All You Need To Know

by Sep Niakan | January 09, 2017

Ever tried driving from Brickell to Downtown Miami for lunch? Most Miamians dread the thought of catching the dreaded drawbridge, which opens every hour or half-hour during non-curfew hours to allow river traffic to pass under. So what’s...

Real Estate News

9 Positive Signs for the Miami Real Estate Market in 2017

by Sep Niakan | January 08, 2017

Last year’s headlines weren’t too kind to Miami with hurricanes, Zika warnings and falling sales painting a dark picture. However, with the elections finally done with, there are plenty of reasons to be optimistic about 2017: 1. ...