Happy Friday, Miami!

In this week’s update:

💰 From Methane Gas to Economic Gold: As Miami-Dade County commissioners wrestle with a broad range of solid waste issues, they are to vote this week on seeking a detailed look at their options to extract methane gas from existing and future landfills, with the thought that the gas might contain economic gold.

🧑🏽‍💻 South Florida company among the world's most innovative businesses: LexisNexis names Magic Leap among world's top 100 innovative companies. Magic Leap's patent portfolio grew 15% from 2022 to 2024. American businesses dominated the list with 47 companies included.

🏢 DuPont Registry New Luxury Tower: DuPont Registry plans 12-story luxury tower in Miami's Little Haiti. Project includes auto storage, offices, restaurant, and invitation-only club. Fortune International Group and Pininfarina partner on the development.

In case you missed it

🎥 What’s NEW in Miami for March 2025!

From new restaurants to the Miami Open, March is certainly going to be a buzzing month in Miami! In this video, you'll learn about everything new coming and happening in Miami in March 2025!

🏙️ DuPont Registry Plans Luxury Auto, Office Tower in Little Haiti

Driving the news: Miami-based DuPont Registry is partnering with Fortune International Group to develop the DuPont Registry Tower, a 12-story luxury destination featuring high-end auto storage, private offices, a restaurant, and a spa in Little Haiti’s Magic City Innovation District.

Details:

• Designed by Italy’s Pininfarina, the tower will include an invitation-only auto club with storage condos for collectors.

• The project will rise at 5952 N.E. Fourth Ave., where a warehouse currently stands.

• The site was previously planned for an office development by former Motorsport Network owner Mike Zoi.

• Developers have not yet disclosed pricing or space allocations.

Why it matters: The project blends automotive culture with high-end real estate, offering a unique space for luxury car enthusiasts while contributing to Miami’s growing reputation as a hub for exclusive lifestyle developments.

The big picture: The Magic City Innovation District was approved for over 5 million square feet of development in 2019, but no major projects have been completed. This tower could be the first step in bringing that vision to life.

What’s next: More details on pricing and launch dates are expected in the coming months as the project moves forward.

The bottom line: The DuPont Registry Tower is set to redefine Miami’s luxury scene, merging high-performance design with an elite social experience.

Real Estate Insights

What to do this weekend

🍷 South Beach Wine & Food Festival (SOBEWFF) (February 20–23, 2025) – This star-studded gourmet gathering features world-renowned chefs, culinary personalities, and wine and spirits producers. Highlights include grand tastings, intimate dinners, and cooking demonstrations. [Location: Various venues across Miami Beach]

🎙️ Vice City Comedy Festival (February 20–22 2025) – Miami's homegrown comedy scene takes center stage in a three-day celebration of stand-up performances across multiple venues. [Location: at Gramps, Villain Theater and other venues]

🍓 Strawberry Festival (January 25 to February 23, 2025) – Pick your own strawberries, explore the sunflower fields and take a leisurely hayride. Kids will love the gem mining, shaded playground and jumbo bounce floor. [Location: The Berry Farm]

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-Joe