H1 In Miami, Trump toughens H1 Cuba policy ‘like I promised’ …...
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BY JANA SOELDNER DANGER Special to South Florida Home Once upon a time, moving out of the concrete-and-glass caverns of the city and into the leafy suburbs was a goal for many homebuyers. Today, not so much. Instead, downtowns and urban centers are the places many people prefer to live now. Take Jen Klaassens, owner of a philanthropic consulting firm. She had been living in Miami for 18 years, but working much of the time in Broward. When she decided it was time to move north, it didn’t take long for her to choose a building just a block off Las Olas Boulevard for her new digs. “I wanted a life/work balance, so location was important,” she said. “Las Olas was a no-brainer. It’s nice to be able to walk to restaurants and shops, and still be close to the beach.” Studies show that today, many millennials, empty nest- ers and other demographic groups as well favor residences in urban cores with walkable neighborhoods where they can live, work and play without get- ting into their cars. Developers are taking notice and building attractive projects in downtown areas. Thousands of residential units are either completed or in the pipeline in downtown Fort Lauderdale, Miami and Miami Beach. In areas where there is no real downtown, develop- ers may try to create one with mixed-use projects. WHY SO ATTRACTIVE? Why are urban centers so at- tractive now? There seems to be a variety of reasons, including the ever-increasing freeway traf- fic that discourages commuting, and perhaps more importantly, the changing nature of down- towns themselves. These areas used to be all but abandoned in the evening hours as people left their jobs, but now dining, shopping, entertainment and cultural activities like museums, art galleries, sports arenas and live theaters are all part of a 24-hour scene. “The cities have grown up, so people are more comfort- able staying in their own areas,” said Jill Hertzberg, a luxury real estate sales associate with Cold- well Banker Residential Real Estate’s The Jills. “It’s amazing to see the renaissances in all the different pockets.” The changes have been dramatic. “Downtowns in South Florida today are very different from what they were just a decade ago,” said Lewis Goodkin, president of Goodkin Consulting in Miami. “They’ve become 24-hour cities with a great variety of restaurants and activities for both younger and older people.” Another factor in the return to the city: South Florida suburbs are mostly built out. “There’s less and less land avail- able in the suburbs, and not as much new product is being built there,” Goodkin said. “It’s not like you can move to the suburbs to get away from the hustle and bustle of the city, be- cause they have their own hustle and bustle.” BALANCE AND WELL BEING The blossoming of down- towns allows residents there to enjoy life more. “As people become more aware of well- being and balance, they realize the time they spend in the car takes away from the time they spend with family and friends,” said Peggy Fucci, president and CEO of Fort Lauderdale-based OneWorld Properties. “They’re more willing to sacrifice space to be able to move to the center of the city. People want the walkability that urban areas of- fer, and there’s a strong demand from people who want to be able to live without a car.” Christopher Zoller, chair- man of the board of Miami Realtors, also sees people wanting to get away from dependence on cars. “If you need a car, you have to build your life around it,” he said. “People want to be in walkable neighborhoods. The revitaliza- tion of downtown Miami will make it much like New York and Chicago.” Downtown Fort Lauderdale is also changing rapidly. “Fort Lauderdale is experiencing a boom in downtown develop- ment as a new generation prefers to live, work and play all in one location,” said Brian Hero, vice president at One Sotheby’s International Realty. “Luxury condominiums and luxury apartments, along with more affordable apartments, are coming online at a rapid pace, along with dramatic proposed updates to Las Olas Boulevard. Downtown in five to 10 years will be dramatically different than it is today.” ON THE EDGE Some projects are on the edges of actual urban cores. Bijou Bay Harbor, a boutique condominium with 41 units, is being developed by Ability by Acierto and Conexo Inmo- biliario close to Bal Harbour Shops. “Our buyers are young professionals from the north- east who want to be within walking distance of all the ac- tion, plus be really close to the beach,” said Acierto’s Robert Morales. “Live, work, play is definitely a trend and has been gaining momentum in the past five years. We believe it’s going to continue to grow and more developers are going to incor- porate this city center concept into their plans.” In Coral Gables, the Astor Companies is building Mer- rick Manor, a 227-unit project with 19,000 square feet of retail space. “We recognized that the trend of shunning the car in favor of being able to live, work and spend time with family and friends in a walk- able neighborhood would not be going away anytime soon,” said company President Henry Torres. While Plantation is prob- ably not yet considered an ur- ban area, Encore Capital Man- agement is working to create a downtown feel with Plantation Walk, a 32-acre mixed-use project with 700 rental apart- ments, 200,000 square feet of shops and restaurants, and 160,000 square feet of Class A office space. The $350-million pedestrian-friendly project will have outdoor seating, walkways and green spaces. “We’re creating a down- town-style live, work and play destination in an area that has lacked one for years,” said Capital Management CEO Art Falcone. “Offering this type of live, work, play environment is a game-changer for the city and region.” Bijou Bay Harbor is a boutique condominium with 41 units near Bal Harbour Shops. (Courtesy of Ability by Acierto) Merrick Manor is a 227-unit mixed-use project in Coral Gables. The developer is targeting buyers who want to be less dependent on cars. (Courtesy of The Astor Companies) Plantation Walk will be a pedestrian-friendly 32-acre mixed use project that the developer hopes will create a downtown feel. (Courtesy of Encore Capital Management) Single-family homes like this one in Miami Beach are in demand. (Courtesy of EWM Realty International) People ready to have children may prefer a single-family home. (Courtesy of EWM Realty International) Downtowns keep attracting people longing to be car-free H1 SPECIAL REAL ESTATE SECTION • WK2417 HOME SOUTH FLORIDA RESIDENTIAL AND COMMERCIAL REAL ESTATE LISTINGS INSIDE SATURDAY JUNE 17 2017 $3 VOLUME 114, No. 276 STAY CONNECTED MIAMIHERALD.COM FACEBOOK.COM/MIAMIHERALD TWITTER.COM/MIAMIHERALD WINNER OF 22 PULITZER PRIZES H1 Mostly cloudy 89°/79° See 11B
Transcript of H1 In Miami, Trump toughens H1 Cuba policy ‘like I promised’ …...
The Miami Herald, 2017-06-17 Cropped page Page: 1H
Copyright 2016 Olive Software 2017-06-19 07:28:59
BY JANA SOELDNER DANGER
Special to South Florida Home
Once upon a time, moving out of the concrete-and-glass caverns of the city and into the leafy suburbs was a goal for many homebuyers. Today, not so much. Instead, downtowns and urban centers are the places many people prefer to live now.
Take Jen Klaassens, owner of a philanthropic consulting firm. She had been living in Miami for 18 years, but working much of the time in Broward. When she decided it was time to move north, it didn’t take long for her to choose a building just a block off Las Olas Boulevard for her new digs. “I wanted a life/work balance, so location was important,” she said. “Las Olas was a no-brainer. It’s nice to be able to walk to restaurants and shops, and still be close to the beach.”
Studies show that today, many millennials, empty nest-ers and other demographic groups as well favor residences in urban cores with walkable neighborhoods where they can live, work and play without get-ting into their cars. Developers are taking notice and building attractive projects in downtown areas. Thousands of residential units are either completed or in the pipeline in downtown Fort Lauderdale, Miami and Miami Beach. In areas where there is no real downtown, develop-ers may try to create one with mixed-use projects.
WHY SO ATTRACTIVE?
Why are urban centers so at-tractive now? There seems to be a variety of reasons, including the ever-increasing freeway traf-fic that discourages commuting, and perhaps more importantly, the changing nature of down-towns themselves. These areas used to be all but abandoned in the evening hours as people left their jobs, but now dining, shopping, entertainment and cultural activities like museums, art galleries, sports arenas and live theaters are all part of a 24-hour scene.
“The cities have grown up, so people are more comfort-able staying in their own areas,” said Jill Hertzberg, a luxury real
estate sales associate with Cold-well Banker Residential Real Estate’s The Jills. “It’s amazing to see the renaissances in all the different pockets.”
The changes have been dramatic. “Downtowns in South Florida today are very different from what they were just a decade ago,” said Lewis Goodkin, president of Goodkin Consulting in Miami. “They’ve become 24-hour cities with a great variety of restaurants and activities for both younger and older people.”
Another factor in the return to the city: South Florida suburbs are mostly built out. “There’s less and less land avail-able in the suburbs, and not as much new product is being built there,” Goodkin said. “It’s not like you can move to the suburbs to get away from the hustle and bustle of the city, be-cause they have their own hustle and bustle.”
BALANCE AND WELL BEING
The blossoming of down-towns allows residents there to enjoy life more. “As people become more aware of well-being and balance, they realize the time they spend in the car takes away from the time they spend with family and friends,” said Peggy Fucci, president and CEO of Fort Lauderdale-based OneWorld Properties. “They’re more willing to sacrifice space to be able to move to the center of the city. People want the walkability that urban areas of-fer, and there’s a strong demand from people who want to be able to live without a car.”
Christopher Zoller, chair-man of the board of Miami Realtors, also sees people wanting to get away from dependence on cars. “If you need a car, you have to build your life around it,” he said. “People want to be in walkable neighborhoods. The revitaliza-tion of downtown Miami will make it much like New York and Chicago.”
Downtown Fort Lauderdale is also changing rapidly. “Fort Lauderdale is experiencing a boom in downtown develop-ment as a new generation prefers to live, work and play all in one location,” said Brian Hero, vice president at One
Sotheby’s International Realty. “Luxury condominiums and luxury apartments, along with more affordable apartments, are coming online at a rapid pace, along with dramatic proposed updates to Las Olas Boulevard. Downtown in five to 10 years will be dramatically different than it is today.”
ON THE EDGE
Some projects are on the edges of actual urban cores. Bijou Bay Harbor, a boutique condominium with 41 units, is being developed by Ability by Acierto and Conexo Inmo-biliario close to Bal Harbour Shops. “Our buyers are young professionals from the north-east who want to be within walking distance of all the ac-
tion, plus be really close to the beach,” said Acierto’s Robert Morales. “Live, work, play is definitely a trend and has been gaining momentum in the past five years. We believe it’s going to continue to grow and more developers are going to incor-porate this city center concept into their plans.”
In Coral Gables, the Astor Companies is building Mer-rick Manor, a 227-unit project with 19,000 square feet of retail space. “We recognized that the trend of shunning the car in favor of being able to live, work and spend time with family and friends in a walk-able neighborhood would not be going away anytime soon,” said company President Henry Torres.
While Plantation is prob-ably not yet considered an ur-ban area, Encore Capital Man-agement is working to create a downtown feel with Plantation Walk, a 32-acre mixed-use project with 700 rental apart-ments, 200,000 square feet of shops and restaurants, and 160,000 square feet of Class A office space. The $350-million pedestrian-friendly project will have outdoor seating, walkways and green spaces.
“We’re creating a down-town-style live, work and play destination in an area that has lacked one for years,” said Capital Management CEO Art Falcone. “Offering this type of live, work, play environment is a game-changer for the city and region.”
Bijou Bay Harbor is a boutique condominium with 41 units near Bal Harbour Shops. (Courtesy of Ability by Acierto)
Merrick Manor is a 227-unit mixed-use project in Coral Gables. The developer is targeting buyers who want to be less dependent
on cars. (Courtesy of The Astor Companies)
Plantation Walk will be a pedestrian-friendly 32-acre mixed use project that the developer hopes will create a downtown feel.
(Courtesy of Encore Capital Management)
Single-family homes like this one in Miami Beach are in demand. (Courtesy of EWM Realty International) People ready to have children may prefer a single-family home. (Courtesy of EWM Realty International)
Downtowns keep attracting people longing to be car-free
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Miami’s hard-line Cuban ex-iles embraced Donald Trumpwhen he was a presidential can-didate who looked to be limpingto Election Day.
On Friday, President Trumploved them back, enacting atougher policy toward Cuba “likeI promised.”
Casting it as a “great day” forCubans, Trump powered into
East Little Havana and an-nounced a sweeping change inrelations intended to rebuke hispredecessor’s opening towardthe island.
“We will not be silent in theface of communist oppressionany longer,” Trump said, to cele-bratory cheers that recalled hisraucous campaign rallies.
Forget the ongoing investiga-tions into whether his staff col-luded with Russia and whetherhe obstructed justice by firingFBI Director James Comey. Fri-
day afternoon offered Trump hisfavorite part of politics: praisefrom people who feel he deliver-ed on his pledge.
During a relaxed 38-minutespeech in which he delighted inthe crowd’s energy — and com-plained twice about the hot tem-perature on stage after the airconditioning went out — Trumpsaid he would hold Cuban lead-ers accountable for human-rightsviolations and push them to opentheir economy.
“Last year I promised to be a
voice against oppression … and avoice for the freedom of theCuban people,” Trump said.“You heard that pledge. Youexercised the right you have tovote. You went out and voted —and here I am, like I promised.”
He stepped away from the
In Miami, Trump toughensCuba policy ‘like I promised’
AL DIAZ [email protected]
President Donald Trump signs his Cuba policy at the Manuel Artime Theater in Miami on Friday. ‘Last year I promised to be a voice against oppression… and a voice for the freedom of the Cuban people,’ Trump said. ‘I am canceling the last administration’s completely one-sided deal with Cuba.’
BY PATRICIA [email protected]
MORE INSIDE
Trump’s new Cuba policy is too much forsome, and not enough for others, 2A
SEE CUBA POLICY, 2A
ST. PAUL, MINN.A Minnesota police officer was cleared
Friday in the fatal shooting of PhilandoCastile, a black motorist whose death
captured national atten-tion when his girlfriendstreamed the grim after-math on Facebook.
Castile’s family storm-ed out of the courtroomafter the verdict was read,and the city of St. Antho-ny swiftly announcedplans to dismiss Officer
Jeronimo Yanez, despite his acquittal.Yanez was charged with manslaughter inthe death of Castile, a 32-year-old schoolcafeteria worker, during a July 6 trafficstop that turned deadly seconds afterCastile alerted the officer that he was
carrying a gun. Castile had a permit forthe weapon.
“The fact in this matter is that my son
Minnesota police officer Yanezacquitted in motorist shootingBY STEVE KARNOWSKI AND AMY FORLITIAssociated Press
RENEE JONES SCHNEIDER TNS
Allysza Castile, sister of Philando Castile,cries as she talks about her reaction to anot-guilty verdict for Jeronimo Yanez.
SEE SHOOTING, 13A
Yanez
Federal prosecutors have asked Miami-DadeCounty to provide records of all affordable-housingprojects funded through a $137 million bond programthat helps finance rental apartments for low-incomepeople, according to a wide-ranging subpoena ob-tained Friday by the Miami Herald.
Authorities are focusing on how major affordable-housing developers used public money to pay for theconstruction of more than 30 projects throughout thecounty, from Aventura to Homestead, and to deter-mine whether there was any theft of governmentmoney, according to sources familiar with the probe.
Among the developers whose county-funded pro-jects are listed on the subpoena: Carlisle Develop-ment Group, Biscayne Housing Group, Pinnacle
Probe targetsaffordable-housingprojects in DadeBY DAVID SMILEY, NICHOLAS NEHAMAS AND JAY WEAVER [email protected]
SEE PROBE, 8A
