Business

A corporate affiliate of the Mormon Church announced it’s finalizing a deal with St. Joe Company that will bring its overall land ownership to nearly 670,000 acres.

So last night I was live blogging and tweeting up a storm about election results, but I sort of had a personal chip on my shoulder. See, I like voting, and, after having previously lived in Coral Gables, this was my first time casting a ballot in a City of…

If you’re some libertarian geek you might be interested in Bitcoin as your new form of alternative currency. If you’re a jet-setting billionaire then you probably prefer Miami luxury condos. Yes, Jonathan Miller, president and CEO of Miller Samuel Inc., says the world’s wealthy elite are pretty much using Miami…

Self-taken photos are — as a general rule — of no use or interest to anyone but the narcissistic subject. From the era of Myspace angle shots to the age of the Instagram duck face, this has been a true, verifiable fact. A Florida high school student has just shattered…

Burger King is one of the largest companies with global headquarters in Miami-Dade. Which is, in theory, great for the local economy, but BK’s practice of paying its restaurant employees low wages may not be so great for the American economy. A new study estimates that Burger King employees might…

Midtown could see a budget big-box Walmart and a fancy luxury hill under construction at the same time. Hyde Midtown, the sister hotel of SLS South Beach, is set to begin early next year, and Ex Miami has renderings of the Arquitectonica-designed tower…

The Nakash family recently purchased Gianni Versace’s Ocean Drive mansion for $41.5 million, and judging from their public comments so far, they have either way too many ideas about what to do with it or no ideas whatsoever. At first, their holdings company indicated it would be used as a…

Miami is less than four years removed from an epic real estate crash that wrecked the local economy, but it seems lately that new luxury condos are breaking ground every week. Most of the local economy is still in shambles. Unemployment remains high. The vast majority of local residents are…

On one side, there’s the billion-dollar cruise industry and Key West’s powerful chamber of commerce sinking thousands of dollars into a campaign to convince islanders to dredge 17 acres of sea floor to allow larger ships and thousands more tourists to visit. On the other, environmentalists, preservationists, and their leader…

A cynic looking at Miami’s art boom over the past decade could make a strong argument that the art scene has been used as little more than a pawn by developers with the ultimate goal of selling more real estate. (See: the gentrification of Wynwood as the most obvious example.)…

A company associated with the Nakash family, which made its money off of Jordache jeans, recently won the bidding for the Casa Casuarina, more popularly known as the Versace mansion, on Ocean Drive. At first the new owners said they’d operate it as a boutique hotel in connection with the…

Embattled Yankees slugger Alex Rodriguez is on the real estate move again. After selling his Miami Beach mansion for a tidy $30 million back in May, A-Rod has now “downgraded” to a luxury $2.1 million condo in a mid-beach tower. According to Gossip Extra, Rodriguez’s new digs are in the…

At the end of the day, it didn’t go to Donald Trump or Posh and Becks, but rather to VM South Beach, the property’s current mortgage holder, which is owned by the Nakash family, who made their money in Jordache jeans. The final price was $41.5 million, a few million…

The storied Versace mansion goes to auction today, and none other than Donald Trump plans on making a bid. Trump has met the requirements and laid down a $3 million deposit, qualifying him to purchase the ten-bedroom, 11-bathroom Mediterranean-style estate at 1116 Ocean Dr. Trump confirmed his interest Tuesday morning…

After 20 years with the idea of building a theme park on land surrounding Zoo Miami simmering on the back burner, two companies are now moving forward with bids to break ground. One proposal, dubbed “Dinosaur Park International,” would be science-minded, featuring dino-centric exhibits and a museum. The other plan,…

Harry Styles, a pouty 19-year-old English lad whose main job duties include sort of singing with his band One Direction, is reportedly considering purchasing an elegant, beachfront megamansion on Key Biscayne listed for a cool $19.5 million, because life is unfair and weird like that…

Gov. Rick Scott is pushing for Florida students to get degrees in science and engineering, but when those students graduate they might have to travel far away to actually find employment. A new analysis of census data finds that Florida’s metros have a shockingly low numbers of people working in…

As if the current development boom already didn’t feel like the pre-bust early 2000s, news that famed director Baz Luhrmann has joined the creative team of mid-Miami Beach’s Faena District development should be the clearest signal yet that the local real estate market is officially back to its over-the-top, celebrity-obsessed,…

With a special permit in hand, Walmart seems to be well on its way to finally plopping a superstore right in the middle of midtown. But now a group of anti-Walmart activists has filed an appeal claiming the City of Miami should have never approved the permit. See also: City…

Most of Miami-Dade is already built on fake land created by draining swamps or dredging up dirt, so maybe it’s not ridiculous to think the next step for expansion is building a floating city on completely synthetic terrain. That’s what one Dutch company has in mind, and execs have already…

We’re not sure who would want to live in the home OJ Simpson retreated to after being acquitted of murder charges, but in October it could be yours. After being foreclosed on, Simpson’s Kendall pad is being put up for auction…

The perfume stores on NW 20th Street in Allapattah are typically painted with bright colors. Tucked between discount clothing stores, they beckon with pink and orange exteriors as well as promises of bargains painted on their fronts. Selene Perfumeria is less inviting. With it’s gray façade, it looks like an…