Estefan Kitchen opens in Miami Design District
International superstars Emilio and Gloria Estefan have opened fine-dining Cuban eatery Estefan Kitchen in Miami Design District. The restaurant, located in the upscale shopping strip’s Palm Court, is headed by Chef Odell Torres, who is also the executive corporate chef at the Estefans’ Larios on the Beach and Bongos Cuban Café.
As the tension between Airbnb and the City of Miami continues to build, the short-term rental platform is releasing data on its footprint in the city
As of late last week, about 2,300 people have been active hosts on the home-sharing platform for the past year, according to data Airbnb provided to the Miami Herald. Those users were responsible for hosting about 140,300 tourists who visited the city between February 2016 and February 2017, staying an average of four days.
Paramount Miami Worldcenter secures $285M construction loan
Developer Dan Kodsi closed on a massive $285 million construction loan for Paramount Miami Worldcenter, marking the second biggest condo construction loan to close in Miami-Dade over the past two years. Inbursa Bank provided $170 million and BC Immigration Fund provided $115 million in financing for Paramount, a 60-story, 562-unit tower at Miami Worldcenter.
Royal Caribbean to sail Symphony of the Seas from PortMiami
Royal Caribbean International’s next Oasis-class ship, Symphony of the Seas, will sail from PortMiami in 2018, said president and CEO Michael Bayley. It’s currently being built by STX France. Bayley wasn’t ready to reveal details about the ship’s features, but says it will be the largest ship in the world. With the addition of Symphony, four of the world’s largest ships — all from Royal Caribbean — will be sailing from Florida by 2018.
Miami zoning board balks at mandatory public art proposal for private projects
A city of Miami proposal to force developers to pay for public art at their residential projects continues to meet stiff resistance. During its regular meeting Wednesday evening, Miami’s planning and zoning appeals board delayed a vote on the legislation, citing a need for city staff to meet with the Builders Association of Florida to iron out details of revisions to the proposed art in public places program.
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