Richard Branson new Aventure: Virgin's High Speed Train from Miami toDisney World

Richard Branson's New High-speed Trains Will Let You Visit Disney World and Miami in the Same Vacation.  From cruise ships to airlines to space travel, pioneer Sir Richard Branson is known for taking an interest in innovative projects that propel travel — and the travel experience — ever further into new frontiers. Now, the business magnate has set his sights on Brightline, a future-forward train system that commenced service in Florida earlier this year. - travelandleaisure.com

 

Brazilians Find New Home in Miami

Brazilians are spending more money in the U.S. than ever…and Miami is benefitting big.
by James McClister February 17, 2015


A port of indulgence for Brazil’s elite, Miami has catered to South American investors for decades, helping them funnel huge sums into lavish, coastal condominiums. But now, following the recent reelection of Brazilian President Dilma Roussef, a number of the country’s biggest spenders are looking to increase their overseas holdings, and Miami is benefitting in a big way.
In a recent interview with The Wall Street Journal, Alyce Robertson, executive director of the Miami Downtown Development Authority, affirmed the impact Roussef’s reelection is having on South Florida.
“After the last election, we were talking to a lot of people concerned about getting their capital out of Brazil,” she said, adding that the exodus was largely a response to politics.

Brazilians Flee

With specific data unavailable, it’s difficult to quantify the recent influx of Brazilian investment. But throughout South Florida, developers, agents, bankers and a slew of other industry insiders are abuzz with talk of Brazil.
They speak of a swelling of Brazilian capital, aimed not just at property investments, but an increase in more prolonged and involved ventures, such as setting up businesses and obtaining residency and later citizenship for themselves and their families.
Genilde Guerra, an attorney at Kravitz & Guerra, told the Journal that Brazilian clients are mainly “concerned about the instability of Brazil’s political environment.
“They don’t want to be the last one’s to leave,” she said.

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For more info in Miami Real Estate contact Analou Manent

Les Europeens aiment acheter de l'immobilier a Miami Beach

Miami et Miami Beach, reste l'endroit de preference des Investissements Immobiliers des etrangers. Fort Lauderdale est leur deuxieme choix.

Foreigners responsibile for a fifth of Florida home sales

Miami and Miami Beach remained by far the favorite spot for international buyers, totaling 31.3 percent of all sales, with Fort Lauderdale coming in second with 11.6 percent

by The Miami Herald - Posted on Tuesday, 08.28.12

Foreign buyers, long credited with breathing life into Florida’s real estate market, spent $10.71 billion during the year ended June 30, accounting for 19 percent of total residential sales volume, according to a study by Florida Realtors.

Miami and Miami Beach remained by far the favorite spot for international buyers, totaling 31.3 percent of all sales, with Fort Lauderdale coming in second with 11.6 percent.

Non-resident Canadians accounted for 31 percent of foreign purchases, down from 39 percent last year, but remained the No. 1 nationality to buy in Florida, the report said. Brazilians ranked No. 2, totaling 9 percent of purchases, up from 8 percent last year.
     
Buyers from Latin America and the Caribbean together made up 35 percent of all foreign purchases, while Western Europeans amounted to 22 percent, down slightly from 23 percent a year earlier.

Some 82 percent of foreign sales were all cash, down from 86 percent in 2011, said the study. which noted many foreigners have trouble getting mortgages in the United States because of a lack of credit history.

“Among recent foreign buyers in Florida, the use of mortgage financing was much less frequent than the overall national average,’’ the study said. “Overall, 17 percent of foreign buyers reported financing their purchase with a mortgage.’’
By contrast, 87 percent of U.S. homebuyers used mortgage financing, according to data from the National Association of Realtors.

Among Brazilians, 49 percent picked a place in Miami-Dade, with Fort Lauderdale emerging as their next favorite spot, with 18.6 percent share, the report said.

Canadians bought across the state, with the Bradenton-Sarasota-Venice area ranking as their favorite with a 14.4 percent share, followed by the Miami-Fort Lauderdale area with 12.9 percent, and Naples-Marco Island area with an 11.9 percent share.

Buyers from the United Kingdom totaled 5 percent of all foreign purchases, down from 7 percent in the year-earlier period.  Les Europeens aiment acheter de l'immobilier a Miami Beach... lire la suite

Read more here: http://www.miamiherald.com/2012/08/27/2970956/foreign-buyers-still-love-florida.html#storylink=cpy#storylink=cpy

Read more here: http://www.miamiherald.com/2012/08/27/2970956/foreign-buyers-still-love-florida.html#storylink=cpy#storylink=cpy

by Analou Manent,  Agent Immobilier Miami Beach

Resorts World Miami - Mega projet a Miami

En Septembre dernier, Resort World Miami dévoile un projet de 3 milliards de dollars à Miami par le Genting Group..

Ce projet créera des dizaines de milliers d'emplois, attirer des millions de touristes du monde entier, et nouveau point d'ancrage de trois miles sur le front de mer proche du centre de Miami. Arquitectonica sera l'Architect, avec plus de 44 restaurant et 20 food courts, avec un centre de conventions, ce projet promet un grand futur a Miami Downtown et ses alentours....



by Analou Manent

Stunning plan that would forever change the face of downtown Miami

Genting set to reveal Miami plans today...

In a stunning plan that would forever change the face of downtown Miami — and perhaps energize a lackluster local economy — the Genting Group on Wednesday unveiled the details of its massive resort complex on the site of the Miami Herald building.

The size of Genting's project: enormous. There are four proposed hotel towers, and two soaring condominiums. There will also be high-end retail and an entertainment complex — perhaps eventually including a casino — that would contain 50 restaurants and nightclubs.

The plans, developed by Miami's famed Arquitectonica design firm, also include convention space. In total, it's an estimated 10 million square feet.
The price: Super-sized. The early estimates are for a $3 billion cost, but company officials concede it may rise. The company, which owns half of Miami-based Norwegian Cruise Lines, has already spent around $300 million just on land assembly. That includes $236 million for the Herald building, which would be torn down.

The buildings, which would rise just east of Biscayne Boulevard beginning at about Northeast 15th Street, incorporate the site's unique environment. Most notably, there is the high-rise density of an urban core. But the buildings' design details include curved, sail-like contours that are mindful of the natural wonders of Biscayne Bay, which the project would overlook.

"They actually look like fish," quipped Marc Sarnoff, the Miami city commissioner whose district includes the development site. Sarnoff said the project's striking features include its waterfront access and its plans to integrate with the adjacent bayfront Bicentennial Park.

"There's really nothing to compare it to," said Sarnoff, who quickly added: "The closest thing is Swire."

Sarnoff was referring to Swire Pacific's proposed $700 million mixed-use CitiCentre project in Miami's Brickell area. It's billed as a pioneering urban retail destination that will ultimately have 4.6 million square feet of space. Arquitectonica is also the architect on CitiCentre.

Swire, which developed the high-end enclave of Brickell Key, is, like Genting, an Asian-based conglomerate. And the Genting project unveiled Wednesday draws upon some of the cutting-edge architecture being built in the Far East.
Like the Hong Kong Convention and Exhibition Centre, which hugs Victoria Harbor, the Genting project has bracing views of a body of water inextricably linked with the host city's history.

Like Festival Walk, a wildly successful Hong Kong mixed-use center developed by Swire and designed by Arquitectonica, the Genting project would provide a virtually self-contained urban environment in a climate given to tropical heat and rains.
Swire recently sold Festival Walk for $2.4 billion.

JOB CREATION

Design elements aside, it is the job creation element that most excites Frank Nero, head of the Beacon Council economic development agency. "Short-term, it means construction jobs, and that's where we need them," said Nero. In fact, Genting estimates somewhere between 15,000 and 20,000 building trades positions will be created by the undertaking.

The timing would be fortuitous. Construction employment in Miami-Dade County in July was 31,500 in July, according to state figures. That's down 43 percent from July 2007, when the real estate boom was cresting.

Long-term, Genting expects the resort to create 30,000 permanent positions. "Clearly, having a world-class resort, whether gambling or not, would be another feather in the cap," Nero said. Noting that Genting is moving ahead at the same time as Swire, Nero added: "When you reach critical mass, these things tend to build on one another," he said.

Although current Florida law would preclude casino gambling on the site, the Florida Legislature is expected to take up the issue during its session that starts in January. But Genting officials described gambling as an important — but added — amenity.

Jack Lowell, vice president of Flagler Real Estate Services in Coral Gables and a longtime veteran of the Miami property market, added that the Genting and Swire developments represent a potentially seismic shift in Miami's global economic ties.
Although the city has long drawn capital from Latin America and, to a lesser degree, Europe, it increasingly is forging deeper bonds with rising economic powers in Asia.

"Genting has impressive financial capability and it has identified Miami as an international city it wants to have a major presence in," he said. Lowell was one of a number of community leaders who recently traveled to Genting's resorts in Asia. They were "unbelievable," he said.

"The next generation of planes can fly directly to Miami from Asia," he said, which should further cement ties. "In the past it was a little too far, and you had to change planes."

Gregg Fields can be reached at (305) 347-6688.

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