In The News

Under construction downtown, Centro (, a 352-unit loft-style residential tower, goes green with proximity to mass transit, a bicycle-lending program, and a designated Parkspot car-share program that provides front-door, reserved parking. In addition, eliminating the garage reduced the building’s carbon footprint, says Harvey Hernandez, chairman and managing director of Newgard Development Group. Inside, designer Yves […]

Newgard Development Group and Midgard Management Company are raising commissions for One Flagler, a redeveloped office building in downtown Miami. The joint venture partnership increased commissions from 5 percent to 7 percent for the rest of February and all of March. One Flagler, at 14 Northeast First Avenue, is 80 percent sold, up from 70 […]

High net worth investors, families, and wealth managers from Latin America, seeking to diversify their portfolios, have been on a buying binge for office buildings and single-tenant retail properties throughout Miami-Dade County during the past 18 months, real estate advisors and developers specializing in the commercial sector told The Real Deal. “Their appetite for well-positioned […]

Three active developers in Broward County said the area is a hot spot for condo and retail projects and is competing well with Miami-Dade County for development dollars. “We’ve never seen Broward more vibrant, so interesting …. Right now is the time to jump in,” said Harvey Hernandez, chairman and CEO of Miami-based Newgard Group, […]

Got a dispute with the Miami Worldcenter’s condo association? Lace up your gloves and step into the ring. The pre-construction luxury tower is adding another feature to its long list of amenities: a boxing ring. It will be part of the tower’s planned nine-acre sports complex on the ninth floor, which already includes an outdoor soccer […]

Harvey Hernandez, president and CEO of Newgard Development Group, has been developing commercial and residential properties in the tri-county region for two decades, most recently with the opening of BrickellHouse in December, which sold 366 of 374 condos as of January.  Earlier this year, Newgard and Menin Hospitality announced the Gale Boutique Hotel & Residences in […]