Growth – not just recovery – ahead for Miami hotel industry, experts say
With high and rising room rates, continued interest from developers and record numbers of tourists visiting the area, Miami’s hotel market should continue to improve, a panel of experts said Thursday. The trade has been mountain climbing out of the droop reached in 2009, when the economic downturn compelled travelers to reduce. but average lodge […]
Genting cools interest in buying Miami-Dade School District property
The cash-strapped Miami-Dade School District has several options to consider from developers interested in buying its prime downtown real estate, but interest has cooled from its biggest suitor — the Genting Group. In December, the Malaysian investors told the School Board they were interested in buying the district’s downtown property, which spans more than 10 […]
PortMiami eyes commercial development, yacht marina
With three big construction projects underway — a truck tunnel, a deep dredge and a rail link — the Port of Miami is steaming ahead to sharpen its competitive edge. But those pricey upgrades are just the start, as downtown Miami’s little island port dreams big about its future. A new 25-year master plan reveals […]