South Florida Business Journal

  • Blogs

    October 22, 2014

    Lincoln Road's ArtCenter Sells Property to Developers For $88 Million

    Lincoln Road's transformation from bohemian strip to a sunny urban outpost for suburban mall chain stores continues. The nonprofit ArtCenter South Florida has sold their outpost at 800 Lincoln Road to developers for a tidy $88 million.

  • Blogs

    July 24, 2014

    Finnegan's River in Brickell Closing

    "After eight years in business, the iconic Finnegan's River is closing its doors to make room for a high rise condominium." That's how one of Brickell's best bars officially broke the news of its closure via an email sent to New Times. Sunday will mark the end of an era of Miami Heat mayhem and so ... More >>

  • Blogs

    July 8, 2014

    Hannya Asian Cuisine to Open in Brickell This September

    Sushi never goes out of style. The Japanese restaurant Hannya is set to open in September at 1060 Brickell Ave. As recently reported in South Florida Business Journal, a 16-year lease worth $3.5 million was recently brokered for the restaurant's space. Hannya will be walking distance from Mary Bri ... More >>

  • Blogs

    December 17, 2013

    Miley Cyrus, Dubai Royalty Abandon Fontainebleau; Soffer Family Moves Back In

    So it hurt when Miley Cyrus ducked out of a planned party at Miami Beach's Fontainebleau to hang out with Ryan Seacrest on New Year's Eve. But now a company run by the emir of Dubai has sold a stake in the hotel that it bought for $375 million in 2008. Jeffrey Soffer, daytime gossip mag regular an ... More >>

  • Blogs

    October 9, 2013

    Versace Mansion Could Become a Museum (Sort Of)

    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 high-end ... More >>

  • Blogs

    October 3, 2013

    Two Plants That Grow Only in Miami-Dade Might Be Protected Under Endangered Species Act

    The Florida brickell bush and the Carter's small-flowered flax are two flowering plants that grow nowhere else in the world except for Miami-Dade County. Yesterday, the U.S. Fish and Wildlife Service announced that the plants deserve special protection under the Endangered Species Act and that the 2 ... More >>

  • Blogs

    July 8, 2013

    Owner of Former Versace Mansion Files for Bankruptcy

    The future of one of the most storied buildings in Miami Beach is once again in question as the owner of Casa Casuarina, still widely known as the Versace mansion, filed for Chapter 11 bankruptcy at the beginning of this month. It's just the latest chapter in the building's recent troubled financial ... More >>

  • Blogs

    June 6, 2013

    Genting Might Not Try to Build a Casino in Miami for Another 10 Years

    Malaysian gambling conglomerate Genting has taken its plans to build a casino in Miami from its initial fast and furious blitzkrieg to a long and slow waiting game. In the latest sign that the company is no longer in a hurry to plop a mega-casino downtown, Genting has allowed a tenant of the Omni Ce ... More >>

  • Blogs

    April 1, 2013

    New SLS Brickell Will House Michael Schwartz Restaurant, Katsuya, and the Bazaar by Jose Andres

    Even though the SLS Hotels and Residences in Brickell won't be open for at least another two years, the city is anticipating the arrival of Miami's second SLS and its accompanying restaurants and amenities. The high-rise hotel will be located at 1300 S. Miami Ave. in what a sales brochure ... More >>

  • Blogs

    January 10, 2013

    Miamians Hate Vehicle Repair Shops So Much, Consumer Agency Reports

    Unfortunately in Miami we're all too familiar with bad service, ridiculous pricing and shady business practices, so to become Miami's most hated industry you really, really have to go out of your way to be terrible.So congratulations vehicle repair shops of Miami-Dade County. You truly are the worst ... More >>

  • Blogs

    October 18, 2012

    Miami Is the Least Affordable City in America For the Middle-Class, Study Finds

    They can be truly hard to find in Miami, always lost between the film crews chasing Kardashian sisters to their next luxury club, the Russian oligarchs loudly racing Brazilian expats in souped up Lotuses, and the parade of art-collecting billionaires snapping up property in Fisher Island.But Miami d ... More >>

  • Blogs

    September 18, 2012

    American Airlines To Lay Off 1,209 People at Miami International Airport

    1,209 workers will find themselves out of work soon. American Airlines has filed a notice with the state that it plans to layoff 1,414 people between November 16 and December 16, just in time for the holidays. The vast majority of those jobs will be coming from Miami International Airport. Updated.

  • Blogs

    July 13, 2012

    Target, Costco, and Maybe Trader Joe's Could Be Coming to Brickell

    Forget condo building. Like we said yesterday, this decade's Miami building boom appears to be all about retail. Now come reports that developers are looking to build a major retail center in Brickell with big-box stores in the vein of the Midblock area of the Shops at Midtown Miami. According to th ... More >>

  • Blogs

    July 13, 2012

    W South Beach Condo Developer Sued by Four NFL Players

    The W South Beach has to deal with four angry NFL players. The player have filed four separate lawsuits against the developers of the Residences at W South Beach. All four put down deposits on condos back in 2006 and 2007 but want that money back.

  • News

    June 28, 2012
  • Blogs

    June 25, 2012

    Alexander Diaz, Golden Beach Town Manager, Arrested Again For DUI

    Golden Beach has a problem. Its town manager allegedly drives like a gin-addled Gary Busey, and he's in bed financially with the one person -- the mayor -- who could fire him. Alexander Diaz, manager of the tiny, wealthy, and epically fucked-up town where Eric Clapton and Ricky Martin have had vacat ... More >>

  • Blogs

    May 31, 2012

    "Zombie" Attack Location Added to History Museum's Sightseeing Tour

    Riptide used to get a sick kick out of driving over the Julia Tuttle Causeway and informing our visiting friends we were now directly above America's most infamous sex offender colony. Of course, that's no longer there, so instead we'll just take the MacArthur Causeway to the Beach and casually quip ... More >>

  • Blogs

    May 22, 2012

    Benihana To Be Sold for $296 Million to Private Investors

    Less than two years after Burger King was sold to private investors, another Miami-Dade-based national restaurant chain is going private. It was announced today that Angelo, Gordon & Co.'s Private Equity Group will pay $296 million for Benihana, Inc. and take the chain private.

  • Blogs

    May 10, 2012

    Tobacco Road Property Sold, Bar to Remain Open at Least Three More Years

    It began as a bakery, a presumable front for a Prohibition-era speakeasy complete with hidden rooms and rumrunners. And after 100 years at 626 S. Miami Avenue, Tobacco Road's still in the booze business. Sadly, however, the city's oldest bar may be in jeopardy. Carlos J. Mattos, founder and pres ... More >>

  • Blogs

    May 4, 2012

    Cipriani, La Cantina No. 20 to Open in Brickell

    Tony restaurant chain Cipriani and Mexican chain La Cantina No. 20 have leased space at Icon Brickell.According to the South Florida Business Journal, the restaurants struck a deal with the building's owners after being on the market for nearly four years. The leased space encompasses three stories ... More >>

  • Blogs

    March 13, 2012

    Miller Time in Miami: Miller Beer Moving Latin American HQ to Miami

    ​Miami has never been known as a beer town -- but maybe having MillerCoors, the company known for beer brands such as Miller, Coors Light and Corona, move their Latin American headquarters from Bogota, Colombia to Miami, could change that perception. Miller will move 50 to 70 corporate employees f ... More >>

  • Blogs

    January 23, 2012

    Miami Herald Might Move to Doral

    ​Sure, Doral seems like a decent place to run the United States' military operations in South and Central America, but is it a good spot to headquarter a once-proud metro newspaper? The Miami Herald might soon find out. The South Florida Business Journal reports the Herald is now in negotiati ... More >>

  • Blogs

    January 13, 2012

    Where Will the Miami Herald Move? Somewhere in This Inner-City Box

    ​The Miami Herald have sold their bayside building to the Genting Group, the casino-happy Malaysian conglomerate, and today publisher David Landsberg sent out a memo to the staff confirming that they'll vacate their current digs by May 2013.Random Pixels has obtained that memo, and in it Landsberg ... More >>

  • Blogs

    November 10, 2011

    The Bank Takes Over Dade Commonwealth Building: Photo Tour of New Downtown Club

    All photos by Ivanna VidalStep inside The Bank's vault.​Few nightclubs can claim to inhabit a building as old as the historic Miami-Dade County Courthouse. But the Meyer-Kiser Building (AKA the Dade Commonwealth Building) has been standing in Downtown Miami since 1925, first as a 17-story structur ... More >>

  • Blogs

    September 22, 2011

    21 of the Richest People in America Live in South Florida

    ​The latest edition of the Forbes 400 is out, and 21 of the most filthy rich scions in America call humble little South Florida their primary home. Micky Arison, Miami Heat owner and Carnival Cruises CEO has the biggest moneybags in Miami with a net worth of $4.2 billion. That makes him the 75th r ... More >>

  • Blogs

    July 26, 2011

    Raleigh Hotel to Undergo $20-Million Makeover

    ​The Raleigh Hotel already has an air of unfussy chic that's unique in South Beach, but in this town everyone needs an occasional nip and tuck to stay looking good. Signaling yet another financial move to indicate tourism is back in business after a recession-blamed bump, the hotel has secured a $ ... More >>

  • Blogs

    May 9, 2011

    NBA's Leading Scorer Kevin Durant is Coming to Miami (as a Resident)

    ​The Oklahoma City Thunder's Kevin Durant is taking his talents to downtown Miami. No, the NBA's leading scorer is not planning on adding himself to the Miami Heat's monopoly on superstar talent. He's just going to presumably bring his home-making talent here during the off-season, and has bought ... More >>

  • Blogs

    April 19, 2011

    City of Miami Could Lose $1 Billion Over Ten Years Due to Low Census Count

    ​Miami Mayor Tomas Regalado and U.S. Rep. Ileana Ros-Lehtinen want to make sure that everyone in Miami is counted. The two are demanding that the U.S. Census Bureau recount the number of City of Miami residents they tallied in 2010. The feds say only 399,457 residents live in the city, which is ab ... More >>

  • Blogs

    October 27, 2010

    Hank Adorno Is A Bad Man, Part II

    ​Turns out Papa Dios doesn't take prayers from Hank Adorno. The South Florida Business Journal reports that the Florida Supreme Court has suspended the prominent Miami attorney from practicing law. And he has 30 days to prove to the court why he shouldn't be barred permanently. The decision stems ... More >>

  • Blogs

    October 6, 2010

    Organic Peanut Butter For All: Plans for Downtown Whole Foods Back On

    ​Downtown Miami residents who love organic garbanzo beans and various imitations of snack foods made out of soy can breath a sigh of relief. The plan to bring a Whole Foods to the area is finally back on. Pop your bottles of Kombucha in celebration, yuppies.

  • Blogs

    October 5, 2010

    Publix Is Coming to Downtown, But It's Not the Area's First Supermarket

    Artist's rendering via SFBJ​Downtown Miami will see the construction of one of the first new major retail projects in years. Stiles Corp. announced plans to build a 57,200-square-foot, three-story shopping complex to be anchored by a Publix right on Biscayne Boulevard. That might be an encouraging ... More >>

  • Blogs

    September 1, 2010

    Dwyane Wade and Jason Taylor's Charities to Return Rothstein Donations

    ​Clownish convicted Ponzi schemer Scott Rothstein made a habit of making large donations to several local charities to pump up his credibility and be able to rub shoulders with big wigs. Now he's serving a 50 year& sentence for his scheme that ripped investors off to the tune of $1.2 billion dolla ... More >>

  • News

    April 15, 2010
  • Blogs

    April 12, 2010

    Black-Owned Miami Beach Hotel Goes Belly Up

    The Royal Palm Hotel will be sold in a public auction in May.​The Royal Palm Hotel on 16th Street and Collins Avenue was supposed to be a beacon of atonement for Miami-Dade County's racist past.In 1989, county officials snubbed South African leader Nelson Mandela when he visited Miami. African Ame ... More >>

  • Blogs

    March 15, 2010

    Condo Buyers at the W South Beach Allege Deception

    via W HotelsThe W's *gasp* sole pool​W Hotels, a chain so chic it needs but a single letter to identify it, finally came to South Beach last fall, but now owners who bought condos in the complex allege they were deceived and want their deposits back.Potential owners were told there would be larger ... More >>

  • Blogs

    January 18, 2010

    New Name for Land Shark Stadium: Sun Life Stadium

    The former Joe Robbie Stadium, Pro Player Park, Pro Player Stadium, Dolphins Stadium, Dolphin Stadium, and Land Shark Stadium will have a new name for the next five years: Sun Life Stadium. Somehow it's even worse than the last one. Seriously, there are strip malls in Kendall with better names ... More >>

  • Blogs

    December 30, 2009

    CocoWalk Served With $98 Million Foreclosure Suit

    via PMAT​CocoWalk, the crown jewel of downtown Coconut Grove, has been hit with a $98 million foreclosure lawsuit filed by Bank of America, putting the future of the shopping, dining, and entertainment center into question. CocoWalk was bought by PMAT Real Estate Investments, a New Orleans-based f ... More >>

  • Blogs

    September 18, 2009

    78 Percent of Cultural Programming Budget Saved

    Phew.According to Michael Spring, Director of the Miami-Dade County Department of Cultural Affairs, the budget adopted by the Board of County Commissioners at 5:01 a.m. this morning restored a little over $8.6 million to the department's arts grants for cultural programming, or about 78 percent of t ... More >>

  • Blogs

    July 20, 2009

    Creditors to Take Over Troubled Biscayne Landings Project

    An email alert from North Miami Councilman Scott Galvin bears more bad news for a troubled residential and commercial development in his city.Galvin informs North Miami residents not to bother showing up for a town hall meeting scheduled for tonight to discuss what the heck is gonna happen with Bisc ... More >>

  • Blogs

    July 14, 2009

    Fins Owner Gave Away Naming Rights Because He Couldn't Get Buffett Song Out Of His Head

    Good thing Stephen Ross wasn't stuck on "I Kissed A Girl." Or humming "My Humps" all day long. The South Florida Business Journal confirmed this morning what we've suspected all along here at Riptide: The Dolphins owner gave away the naming rights to Dolphin Stadium for absolutel ... More >>

  • Blogs

    March 25, 2009

    The global takeover of French handball begins in Miami

    The Marlins settled for 600 fans to a home game last year. The Panthers are literally giving away tickets. Our minor-league soccer team is hemmoraging cash, And those are sports that Americans have at least heard of. So you might think it'd be foolhardy to bet millions on Miamians attending the cha ... More >>

  • Blogs

    February 6, 2009

    Is Miami Jai-Alai the Next on the Layoff Bandwagon?

    We're barely a month into 2009 and here's a completely incomplete list of high-profile companies that have or will be slashing local jobs: Macy's, Circuit City, the Miami Herald, Crispin Porter Bogusky, Miami City Ballet, and American Airlines. The South Florida Business Journal reports Miami Jai- ... More >>

  • Blogs

    May 7, 2008

    The volunteer lobbyist

    The South Florida Business Journal recently published a story detailing a slimy deal between media executive and former Miami-Dade mayoral candidate Jose Cancela and the Jackson Memorial Foundation, the fund raising arm for the Public Health Trust, which runs Jackson Memorial Hospital. According to ... More >>

  • News

    December 13, 2007

    Spence-Jones Faces Indictment

    State attorney investigates ethically challenged Miami commissioner.

  • News

    July 1, 2004

    Two in the Bush

    Purloined pigeons and a rooster identity crisis

  • News

    December 19, 2002

    Bolita in Havana

    "I always say this is a mafia, but a peaceful mafia."

  • News

    September 13, 2001

    A Fissure Runs Through It

    Miami's chapter of the Audubon Society loses a leader and gains critics

  • Dining

    August 17, 2000


    Shirt, Shoes, but No Service

  • News

    June 22, 2000


    Publisher busted over the Boss

  • Calendar

    January 28, 1999
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