Latest reporting from the Business desk.
Latest reporting from the Business desk.
Latest reporting from the Business desk.
Business
Miami-Dade commissioners approved up to $700 million in PortMiami bonds on July 30, locking in 30 years of debt at 5.5% interest before incoming director Jonathan Daniels starts August 10, with Commissioner Raquel Regalado casting the lone dissenting vote over concerns about the Fisher Island fuel facility's uncertain price tag.
Business
Erin Compton, who ran Coconut Grove's The Last Carrot for 25 years before its February 2026 closure, has launched Coconut Grove Catering, a boutique company serving private events and weekly meal plans across South Florida.
Business
Miami-Dade luxury home sales jumped 29% in June with nearly 38% of purchases made in cash, according to the Miami Association of Realtors, intensifying competition in Coconut Grove and Key Biscayne where multimillion-dollar deals and shrinking inventory define the market.
Business
Key Biscayne's two gas stations are charging $5.79 per gallon for regular gasoline as of Monday, July 27, the highest price in Miami-Dade County and a 30-cent increase from the prior week, according to GasBuddy data.
Business
Miami-Dade County Public Schools broke ground on a $20.6 million new main building at MAST @ FIU and commissioned a $15.2 million three-story classroom building at Coconut Grove Elementary, bringing $35.8 million in school construction to communities serving Key Biscayne and Coconut Grove families.
Business
The Greater Miami Convention & Visitors Bureau's 25th Miami Spice program runs Aug. 1 through Sept. 30 with updated pricing and a new Reserve tier, featuring longtime Key Biscayne and Coconut Grove participants alongside first-time entries.
Business
Manoli, a 140-seat Greek restaurant led by chef Emmanouil Aslanoglou, opens Wednesday, July 22, at 3540 Main Highway in Coconut Grove, filling the former Sereia space with shareable plates, fresh seafood, and a cocktail program inspired by Greek mythology.
Business
Five South Florida hotel restaurants earned spots on OpenTable's 2026 Top 100 Hotel Restaurants in America list released July 15, with none in Coconut Grove or Key Biscayne. The recognition comes as the Grove's Mayfair House and Ritz-Carlton undergo major ownership changes totaling more than $170 million in transactions.
Business
Milam's Market in Coconut Grove has launched a pilot program with New York startup Coupr, offering 10 free AI-powered smart carts that navigate aisles, compare prices, and surface digital coupons for shoppers at the SW 32nd Avenue store.
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©2026 Biscayne Bay Beacon
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