Miami

The developer, general contractor and subcontractor are litigating issues a year after the building opened.

"This week, I had the opportunity to meet with several leaders in Chicago's financial services industry to tout Florida's pro-business climate and the many advantages of doing business in our state," said Gov. DeSantis.

At GlobeSt.com's ADAPT awards this year, we honored The Ritz-Carlton Residences in Miami for its innovative reuse efforts.

The partnership plans to construct a modular 110,000-square-foot, Class A, mixed-use development that will feature 131 multifamily units and approximately 8,600 square feet of retail space at the quarter-acre site.

The New York developer and joint venture partners bought The Richmond and South Seas hotels for $140 million after acquiring The Raleigh for $103 million with plans to restore them and add a residential tower.

Demand for the oceanfront homes has remained strong throughout construction, and closings are now underway, DDG reports.

Giralda Place is 94% leased to seven tenants and includes WeWork's first location in Coral Gables. Other tenants at the property include HSBC Bank, Dr. Smood, Rukus Cycling, and Seaside National Bank.

Westside acquired the property for $29.5 million and intends to invest up to $5 million in capital improvements, while rebranding the property "Westshore Crossing."