New Developments

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It’s boom time in South Florida.

In downtown Miami, ground is being cleared for Florida’s tallest office tower, with 1.5 million square feet to be filled by firms that have, yet, no actual presence in the state.

Source - New York Post

FIFA is moving more than 100 jobs from its Swiss headquarters to a recently-opened office in the Miami suburb of Coral Gables, Florida, raising the city’s profile as a hub for international soccer.

Source - Biznow

In Miami, a city where most of the coastal metropolis’s skyline shimmers in silver or reflects blue skies and water through glass, a fashionable newcomer will be outfitted in black and ivory, and topped with an elaborate gold crown.

The brand behind the new residential tower and 5-star hotel is familiar, too, but more for its runway shows and red-carpet appearances — the building, on 888 Brickell Avenue in Downtown Miami, marks Dolce&Gabbana’s first foray into real estate, expanding the Italian label’s influence from where you shop to where you sleep.

Source - CNN.com

Warren Buffett’s company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton’s stock this spring along with smaller stakes in fellow builders Lennar Corp. and NV...

Source- ABC News