The Weekly Dirt: Is the $4B American Dream Miami too big to fail?
The Ghermezian family is still chasing the American Dream in Miami. To the average person, it seems like the planned $4 billion, 6 million-square-foot entertainment and retail center in South Florida might never get built. It’s been seven years since Miami-Dade County commissioners approved a massive rezoning that paved the way for the project. The project, which was supposed to be completed in 2022, hasn’t gotten off the ground. Francisco Alvarado looks at why and what’s next for the development in our latest issue. The mall is facing legal challenges, and the developer says it needs the county to lift […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Hollywood clears path for beachfront towers amid resident pushback

Foreclosure looms for Brookfield’s Pembroke Lakes Mall after alleged $260M loan default

David Martin, partners score $507M loan for South Beach condo tower

Real estate donations overwhelmingly back Byron Donalds over David Jolly in race for Florida governor

Steve Ross, Jeffrey Soffer’s Miami airport hotel project grounded by FAA

Average long-term mortgage rate rises 7th week in a row

Florida Realtors disaster fund ready to help

New appraisal reporting format calls for early preparation

After $21M assessment uproar, Brickell association says contractor overbilled, left work undone

Denmark accuses Palm Beach resident of shielding assets in waterfront home

