Happy Friday, Miami!

In this week’s update:

🍣 Sushi Garage to open new location at The Standard Residences in Midtown Miami: Sushi Garage is opening a new location at The Standard Residences in Midtown Miami, joining a growing culinary scene and offering elevated Japanese cuisine, a lively happy hour, and a vibrant indoor-outdoor space. The residential development, slated for completion in 2025, features 228 luxury units and top-tier amenities.

🏀 Miami Heat’s Playoff Journey Ends with Sweep by Cleveland Cavaliers: The Miami Heat were eliminated from the playoffs after a 138-83 loss to the Cleveland Cavaliers in Game 4 of their first-round series, resulting in a 4-0 sweep. This marks the end of a tough season for the Heat, which saw its worst regular-season record in a decade. Miami now holds the 20th pick in the upcoming NBA draft.

⚽️ Major European Soccer Club to Open New Commercial Space in Miami: A major European soccer club secured a business incentive grant to establish a new commercial space in the Magic City.

In case you missed it

🎥 Why South Florida Home Prices DOUBLED While Sales CRASHED?

The South Florida real estate market is experiencing remarkable shifts in 2025, with property values soaring while housing market news shows sales at a 5-year low.

🏠 This housing market update reveals a fascinating paradox: despite real estate trends pointing to record-high prices, real estate news indicates declining transaction volumes.

Whether you're visiting, moving, or already a local, understanding these buyer demand patterns is crucial for navigating the Magic City's dynamic market! 🌴✨

🍱 Sushi Garage Unveils First Look of New Restaurant at The Standard Residences, Midtown Miami

Driving the news: Sushi Garage is preparing to debut a new location inside The Standard Residences in Midtown Miami, adding to the neighborhood’s growing culinary scene. The space is expected to open soon as part of a dynamic mix of dining and residential offerings.

Details:

• The new Sushi Garage will join Solana (a rooftop restaurant by Juvia Group) and Rosetta Bakery Café & Privato Speakeasy

• Designed by Clavel Arquitectos, the space will feature a vibrant indoor-outdoor bar and extensive sidewalk seating

• Known for its contemporary take on Japanese cuisine and focus on sustainable ingredients, Sushi Garage will bring its signature happy hour from its South Beach and Coconut Grove locations to Midtown

• The Standard Residences will offer 228 luxury residences, with amenities including a rooftop pool, karaoke bar, and co-working spaces

Why it matters: This expansion signals a new era for Midtown Miami as a dining and lifestyle destination, blending high-quality cuisine with innovative design and ample amenities.

The big picture: Sushi Garage’s new location will be a part of The Standard Residences, which marks the brand’s first standalone residential project, expected to complete in Q3 2025.

What’s next: With sales nearly sold out, the The Standard Residences will soon offer a blend of flexible living spaces and lifestyle-focused amenities in the heart of Midtown Miami.

The bottom line: Sushi Garage’s expansion adds another culinary gem to Midtown’s vibrant streets, offering local residents and visitors a new hotspot for elevated dining and vibrant atmosphere.

Real Estate Insights

What to do this weekend

🏎️ Formula 1 Miami Grand Prix

One of the most anticipated events of the year is here: the Formula 1 Miami Grand Prix returns to Hard Rock Stadium for a weekend of high speed racing.
📍 Location: Hard Rock Stadium, Miami
🗓️ Date & Time: May 2, 3 and 4 | 9:30am to 7:00pm
🎟️ Tickets: Prices may vary
🔗 More Info

🥳 The 100th Anniversary Celebration of Coral Gables 

The event welcomes guests to celebrate the city's centennial with food, live music and art.
📍 Location: 100 Block, Giralda Ave., Coral Gables
🗓️ Date & Time: Friday May 2nd | 7pm
🎟️ Tickets: Free
🔗 More Info

🛹 Street League Skateboarding Championship Tour

The world's best skateboarders — including Olympic medalists Nyjah Huston and Rayssa Leal — will compete.
📍 Location: Watsco Center at the University of Miami, Coral Gables
🗓️ Date & Time: Saturday May 3rd | 10am
🎟️ Tickets: $25+
🔗 More Info

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Have a great weekend!!

-Joe