Amidst Heat Rumors, Kevin Durant Sells His Downtown Condo

According to various rumors and reports, Pat Riley has a big plan to sign Kevin Durant when he hits free agency next sumer. Which would be great, considering Durant owned a condo that directly overlooked the Heat’s American Airlines Arena …or he did anyway. The Oklahoma City Thunder star just…

Dolphins Owner Stephen Ross Visits Cuba, Says He Wouldn’t Invest There

American travel to Cuba has soared since President Obama’s announcement that he’s restoring diplomatic ties to the nation, with a 36 percent jump in visitors since January. Among those flocking to Havana? Billionaire Miami Dolphins owner Stephen Ross. The real estate developer confirmed yesterday that he visited the island, telling…

Florida Will Retire Its “Sexist” Business Logo

Enterprise Florida is a public-private partnership meant to attract business to Florida. Think of it this way, if Visit Florida, the state’s tourism board, is meant to lure people to Florida for vacation, Enterprise Florida is supposed to lure businesses here to set up shop permanently. Governor Rick Scott, ever…

Miami Named 7th Best “City of the Future” For Foreign Investment

Miami basically runs on foreign investment, so its not exactly a surprise we’ve made “The Cities of the Future” list complied by FDI Intelligence’s, a sub-publication of the Financial Times” FDI meaning Foreign Direct Investment, meaning when a foreign business has a controlling ownership stake in an enterprise in another…

Wynwood Is Getting Its First Big Parking Garage

It’s not a true hotspot neighborhood in Miami until it has a big-ass parking garage. Think about. Downtown: Tons of big ass parking garages. South Beach: So many big ass parking garages, some of them even designed by the foremost architects in the world. Downtown Coral Gables: Yep, even some…

Miami Has the Fifth Most Engaged Employees in the Nation

Apparently Miamians really love their jobs. Quantum Workplace, a company that sells employee engagement software, has been keeping track of the employee engagement level of the country’s 75 biggest cities for the past few years, and Miami keeps making the top ten. In fact, the Miami-Dade market is only one of…

CocoWalk Sells for $87.5 Million

What to do about Cocowalk? That’s a problem its fifth owners in the past 18 years will have to figure out now. The Coconut Grove shopping mall sold yesterday for $87.5 million. The buyers are lead by Maryland-based Federal Realty Investment Trust, who have an 80 percent stake, and was bought…

Wynwood Homeless Shelter Puts Land (and Bargain Barn) Up for Sale

As Wynwood’s gentrification nears totality, it only seemed inevitable. The Miami Rescue Mission, a charity that serves the homeless and otherwise needy, has operated in Wynwood since the ’70s, long before its recent arts-turned-touristy makeover. Well, with property prices nearing a peak in the area, the charity has decided to put…