Hotels

The Miami City Commission agrees to settle Flagstone Island Gardens's lawsuit for $20 million, half of which is rent abatement for the city-owned property poised for development.

When combined with indirect and induced jobs, tourism sustained more than 531,000 jobs in 2018, making tourism the seventh largest employer in New Jersey.

Flexible offices take another new turn as two leading companies agree to share build-out costs and revenue generated from leases.

Driftwood Acquisitions & Development has opened qualified opportunity zone funds with the goal of raising $50 million to finance five hotels.

Lynch brings more than 15 years of professional experience as a LEED-accredited interior designer to the firm.

The 28-story HALL Arts residences features 50 homes starting at $2 million and 1,600 square feet going up to the two-level 10,000-square-foot penthouse while the adjacent HALL Arts Hotel has 183 rooms and 20 suites.

In what may be a trend of the future, the Chun family is developing a 26-story, 385-foot high hotel, using a modular construction method to save time and money.

Stonehill Strategic Capital provided the construction financing for the $93 million project.