This Week in Miami Real Estate: Corporate wooing, building openings and legal aftermath of Irma

by Kelly McCabe

Amazon’s search for a new second headquarters has sparked a frenzy among cities that are thirsty for the e-commerce giant’s jobs, tax money and name-recognition. South Florida is no different, as it and 237 other cities around the country submitted official proposals in an effort to land HQ2. The South Florida bid includes Miami-Dade, Broward and Palm Beach counties, with five suggested sites in Miami itself, according to the Miami Herald

Elsewhere in Miami real estate news: 

  • The 95-unit, 18-story Paramount Fort Lauderdale Beach recently was completed and is expected to sell out for about $210 million, according to The Real Deal
  • The unique mixed-use MB Station in Coral Way broke ground this week, according to Curbed Miami. With a fire station at the building’s base, MB Station will have 190 rental units and more than 4,800 feet of retail space at the ground floor, where Shenandoah Fire Station No. 14 is. It’s anticipated to be finished in late 2019.
  • South Beach Group Hotels is suing a contractor after one of its buildings was damaged in Hurricane Irma. It alleges that the contractor left a roof unfinished, leading to extensive damage, according to The Real Deal.
  • The CEO and co-founder of Kayak, Steve Hafner, landed himself the penthouse of L’Atelier Miami Beach for $21 million — way down from the original asking price of $33 million, according to Curbed
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