Magic City Innovation District Revived In Little Haiti With $3 Billion AI-Focused Vision

Plans have been revived for the Magic City Innovation District, a $3 billion mixed-use master-planned development spanning approximately 18 acres in Miami’s Little Haiti neighborhood. Led by Dragon Global in partnership with Plaza Equity Partners, the project is planned to encompass approximately 7.8 million square feet of development with more than 2,600 residential units, office space, hotel accommodations, retail, restaurants, and publicly accessible open space. The renewed vision positions the district as a destination for artificial intelligence, technology, finance, and innovation companies while maintaining its previously approved mixed-use development program.

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Lease Amendment Advances $50 Million Expansion Of The Rivani In Miami Beach

Miami Beach officials are backing an estimated $50 million rooftop expansion of The Rivani, a seven-story mixed-use building at 1691 Michigan Avenue. The proposal, led by Miami-based developer Robert Rivani, would transform the building’s upper levels with approximately 36,000 square feet of office space, a 6,000-square-foot restaurant, and three rooftop padel courts, while extending the ground lease for the city-owned land beneath the property through 2132, subject to additional approvals.

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Partners Group Plans 70-Story Breitling-Branded Residential Tower In Brickell

Partners Group has announced plans for B Residences Miami, a planned 70-story Breitling-branded residential tower in Miami’s Brickell Financial District. Designed by Arquitectonica and developed by Empira Group, which was acquired by Partners Group in 2025, the project is expected to yield more than 300 condominium residences on a development site spanning more than one acre. Partners Group plans to invest approximately $220 million in the development, with construction anticipated to begin in late 2028 and completion targeted for 2031.

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