Miami Commercial Report
Real Estate News

I recently spent a day touring the Edgewater neighborhood. It was Christmas Eve; traffic was remarkably light and the streets were very quiet. On the surface Edgewater looks like your typical working class neighborhood.

Wynwood has seen a push towards gentrification and the push has become an all-out rush. The transition from a commercial neighborhood to a vibrant work-live-entertainment hub is well underway.

An important public-private partnership was quietly launched last month in Coconut Grove at a reception hosted by Ygrene Energy and attended by corporations, local landlords, top elected officials and the media.

Art Basel is coming back to Miami in December and this is good news for the commercial real estate community. The Basel leasing season is already in full swing as national and international retailers rush to execute leases and finish tenant build-outs in time for the annual art fair.

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