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.
Photo credit: Mall - cbslocal.com
by Sep Niakan | December 06, 2016
It’s my favorite time of year to be in Miami! The weather has cooled off a bit. The city’s abuzz with people from every corner of the world (thanks to Art Basel). The holiday spirit is gradually taking over, and there’s a bunch of...
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...
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...
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...