Aria Buys South Beach Property - WORLD PROPERTY CHANNEL Global News Center: "Aria Development Group has purchased a 7,310-square-foot, two-story, multi-family property in Miami's famed South Beach neighborhood, with plans to redevelop the parcel into a 10,000-square-foot retail complex. Aria principals Joshua Benaim, Tim Gordon and David Arditi, in partnership with Wexford Capital and 13th Floor Investments, paid $5 million for the 0.16 acre site located on Collins Ave., between 5th and 10th Streets. "Aria Development Group recognized the property's potential for a 'higher and better use' in the shopping district," said Miguel Alcivar, an associate with CBRE's Private Capital Group who represented the property's seller, FCI Miami Beach One. Aria is also the group developing 321 Ocean, a boutique residential development, in South Beach's South of Fifth neighborhood. (read more at link above)
Genting ship could bring 3,000 people a day to its Bimini casino - Business - MiamiHerald.com: Commenter: ""Unspoiled Bahamian island"? Not if Genting has its way. This foreign developer plans to blast and dredge through Bimini's reef tract and dump the fill on top of a popular dive site to make a cruise ship terminal. The boat's capacity is equal to the entire population of the island itself, and Bimini does not have the infrastructure (waste management, fresh water, etc.) to handle it. This is all being done without local Biminite input, and when the local government found out, they asked for help in petitioning the Government of the Bahamas to deny this proposal that would destroy Bimini's reefs, the foundation of the island's tourism industry. If this seems like an obviously bad idea to you, please join the 1,300+ people that have signed the petition in the past week to stop this ridiculousness. Demand a more sustainable plan for Bimini's economic future! " https://www.change.org/petitions/prime-minister-perry-g-christie-stop-plans-to-construct-a-cruise-ship-or-ferry-docking-terminal-off-bimini-s-western-shore
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