Coral Gables garage development battle continues

MIAMI TODAY — December 13, 2016 — BY CATHERINE LACKNER. The competition to redevelop two garages owned by the City of Coral Gables is very much alive, city sources said this week.

Though an evaluation committee voted for a proposal by The Allen Morris Company and The Related Group on Dec. 6, “The city commission reserves the right to negotiate with the evaluation committee’s second choice, or with anyone,” said Javier Betancourt, city economic development director. The commission can also decide not to endorse any proposer, or to shelve the project altogether, he added.

The next step is for city staff to draw up a recommendation for the city’s manager’s review. The matter will then go to the commission.

The committee evaluated two proposals. TC Gables, an affiliate of Terranova Corp., which submitted the other proposal, is still very much in the game, said Josh Gelfman, Terranova director of development.

CLICK HERE FOR THE FULL ARTICLE

Terranova is Popping on Lincoln Road

MIAMI’S COMMUNITY NEWSPAPERS — December 8, 2016 — With the holidays quickly approaching, brands are“popping up” all along Lincoln Road. Terranova recently signed three new short-term deals on the world famous retail street.

Cap’n Crunch has landed in Miami Beach in the form of a 2,966 square foot pop-up shop at 721 Lincoln Road. The Kith x Cap’n Crunch store, a partnership between the cereal brand and the New York-based cereal bar, Kith Treats offers both food and limited edition Cap’n-Crunch apparel.

Kiwi Arts Group opened a 2,668 square foot gallery at 737 Lincoln Road to showcase American photographer William John Kennedy’s historic collection of Andy Warhol and Robert Indiana photographs during Art Basel through January 5th.

Daniel Wellington, a minimalistic elegant watch boutique, opened at 608 Lincoln Road. This 6-month, 748 square foot pop-up is part of the international brand’s U.S. launch, and ads timeless and classic style to the mix on Lincoln Road.

CLICK HERE FOR THE FULL ARTICLE

Terranova is Popping on Lincoln Road

MIAMI BEACH, FL – December 7, 2016 – With the holidays quickly approaching, brands are “popping up” all along Lincoln Road. Terranova recently signed three new short-term deals on the world famous retail street.

Cap’n Crunch has landed in Miami Beach in the form of a 2,966 square foot pop-up shop at 721 Lincoln Road. The Kith x Cap’n Crunch store, a partnership between the cereal brand and the New York-based cereal bar, Kith Treats offers both food and limited edition Cap’n-Crunch apparel.

Kiwi Arts Group opened a 2,668 square foot gallery at 737 Lincoln Road to showcase American photographer William John Kennedy’s historic collection of Andy Warhol and Robert Indiana photographs during Art Basel through January 5th.

Daniel Wellington, a minimalistic elegant watch boutique, opened at 608 Lincoln Road. This 6-month, 748 square foot pop-up is part of the international brand’s U.S. launch, and ads timeless and classic style to the mix on Lincoln Road.

“These pop-ups bring excitement and diversity to Lincoln Road retail, and provide valuable opportunities for unique, emerging brands, like these,” says Terranova Executive Vice President Mindy McIlroy. Both McIlroy and Terranova Commercial Associate Vanessa Francis represented the landlord in the deals.

CLICK HERE FOR THE PDF PRESS RELEASE

Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at more than $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

###