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

Cheers to a New Year and New Beginnings…

by Sep Niakan | January 05, 2018

Welcome to the other side of the New Year! The side that’s made up of fresh energy, brand new ideas and a whole 365 days of infinite possibilities.   A lot of people consider January to be the month when the festive season and all its...

Lifestyle

Events for a Joyful January in Miami

by Sep Niakan | December 31, 2017

The Holiday season may be over, but the festivities don’t have to stop if you’re in Miami. Take a pick of your favorite music, art, fitness or film festival below and let the merriment continue into January 2018.   Miami Cruise...

Real Estate News

Luxury Miami Condo Report : Nov 2017

by Sep Niakan | December 24, 2017

City and Neighborhood Luxury Condo Reports             Miami Beach Luxury Condo Report                          South Beach Luxury Condo...

Real Estate News

Buying and Selling Real Estate with Bitcoin: Miami Gets Bit by the Bitcoin Bug

by Sep Niakan | December 21, 2017

Earlier this month, a single bedroom condo in Edgewater went on sale, and made headlines. “What’s so special about that?” you ask. Well, this Miami condo seller will accept Bitcoin only. This 480 NE 30th St. condo is listed for 33...