Welcome to the neighborhood La Cerveceria De Barrio!
After 30 cantinas in Mexico, they have brought their decades of Mexican flair to South Beach’s Lincoln Road. Conveniently located next to a personal Lincoln Road favorite, Lululemon.
They have something for the whole family and serve 5 different types of fish, 15 varieties of shellfish and also offer meat. For those who are thirsty they offer 100+ types of beer, 300+ types of tequila and over 100 mezcal.
Prices range from $8-$28. Try the Acapulco Octopus, homemade guacamole and an aged mezcal.
The average gain in homeowner equity for the US is $16.2k. From the report by CoreLogic, about 221,000 residential properties regained equity as compared to Q1 2018. Roughly 2.2 million mortgages properties still have negative equity.
Miami has the smallest average amount of negative equity however, the negative equity share is 11.4% which equates to 3x the national rate. *Note: this report reflects only single-family mortgaged properties.
The Miami Beckham United Group officially unveiled the name and logo of Miami’s fútbol club on September 5th, 2018.
Club Internacional de Fútbol Miami, also known as Inter Miami CF, is the 25th franchise of the MLS and is expected to launch in 2020.
The crest, shown above, pays homage to Miami’s Art Deco architecture and colors. The birds are great white herons and are located only in South Florida and the Florida Keys. The herons have intertwined legs which create the letter “M”. Between the herons is an eclipse with 7 rays of light, this is believed to pay tribute to David Beckham as he often wore the #7.
Team colors are black, pink and white with the Roman numerals indicating 2020, or the year the 1st season is expected to premier.
tcontinues to grow. In a recent report from the Miami Report that analysed 428 condominium buildings that have been developed from 1993 to 2017, there has been 9% average increase in sales price. Since 1993, the total sales price increase has been 229%.
It is important to note that these buildings are east of I-95 and include the following areas:
Brickell
Biscayne Corridor
Downtown Miami
South Beach
Miam Beach
Surfside
Bal Harbour
Bay Harbour Islands
Sunny Isles Beach
Hallendale Beach
Hollywood Beach
Aventura
North Miami Beach
Coconut Grove
Key Biscayne and
Ft. Lauderdale
How many people are moving to Florida? Daily, there are 900 people that move to Florida. Of the 900, 45% of them make Miami, Broward and the Palm Beaches their home. The largest percentage of the 45% are making the move to Miami-Dade with 12% moving to Broward (Ft. Lauderdale).
According to Forbes in February 2017, 8 of the top 15 fastest growing cities by population, employment and wages are in Florida. Florida is ranked the 2nd fastest growing state in the nation behind Texas which has a current population of 28.3 million with 1095 people moving to Texas each day.
Transportation
Miami International Airport is ranked as the third busiest airport in the country. The amount of passenger and cargo that travel through MIA each year equates to $33.7 billion.
On the heels of Miami is Ft. Lauderdale International Airport. Due to the recent extension of the south runway, FLL is now home to new international airlines such as Emirates and British Airways. Emirates offers direct nonstop flights to the Middle East with British Airways offering nonstop service to London. The FLL airport expansion has contributed to a 43% growth in annual passengers.
You may have heard that Miami is also the “Cruise Capital of the World”. It’s no secret that the PortMiami is the busiest port in the nation with over 5.3 million passengers in 2017 – a world record!
Of the most latest news is the new train service in Miami’s Downtown. Brightline is the counties first high speed rail system and now offers service from Miami to Ft. Lauderdale in 25 minutes. After Ft. Lauderdale, you connect to West Palm Beach within 35 minutes and the expansion to Orlando, once completed, will take 1.5 hours. Brightline is expected to travel at 125 mph. For more information, please visit their website at Brightline.
In other high speed rail news, Miami to Orlando was announced as a top 10 finalist to be the first Hyperloop route. The Hyperloop is a vacuum sealed tube or series of tubes that allows the vehicle to travel without air resistance and friction. The Hyperloop One route from Miami to Orlando would cover 257 miles at 700 mph which would complete the trip in 25 minutes. For more information, please see the link and video below:
Who wants to join us for Happy Hour?
Anthony Spitaleri 