Miami Beach City Hall on Jan. 17 unanimously approved the creation of two new historic districts that will protect hundreds of architecturally significant buildings from demolition, The Miami Herald reported. The North Beach districts are known for their Miami Modern — or MiMo — style of Art Deco buildings from the post-war era. The vote protects 313 buildings, 271 of which are architecturally significant, according to the newspaper.
Elsewhere in real estate news:
- Rosendo Caveiro recently joined Avison Young’s Florida Capital Markets Group in Miami as senior vice president. He will head the firm’s multifamily investment sales platform throughout the state. Caveiro, who has 25 years of experience, most recently was with Cushman & Wakefield.
- ShowingTime recently released MarketView Broker, a browser-based application that helps brokerages recruit top team members, as well as review and analyze competitive market share. The app is available in more than 300 markets.
- SobelCo recently broke ground on a new waterfront condominium development in Fort Lauderdale. The 11-story 321 at Water’s Edge will feature 23 two- and three-bedroom homes that range from 2,600 to 3,800 square feet. Its amenities include a private wine club, lounge and personal wine locker for each resident; a dog park; his and hers saunas; a sky-view terrace; indoor and outdoor poolside lounge; and charging stations for electric vehicles.
- Yotel, a micro hotel chain, recently announced it’s launching a new residential concept in Miami. YotelPad Miami will have 250 hotel rooms and 208 residential units, including studios and one- and two-bedroom units that range from 425 square feet to 700 square feet. The units will start around $250,000.