Juliana Cho is a genius when it comes to designing eco-conscious, sleek, futuristic cars. The people at Porsche were smart (and very lucky) when they hired Ms. Cho as an intern. The Masters student who studies at the Royal College of Art has come up with a design for a new Porsche, the Porsche 929.

The Miami Art Museum is rising up… literally. Foundation has been set in place in Downtown Miami’s Museum Park workers are beginning to build vertically. MAM, designed by Herzog & de Meuron, will be open to the public in 2013. The new location allows for more activity with 200,000 square feet of programmable space and 120,000 square feet of interior space.

Newport Beach’s premier Fashion Island just received a $100 million makeover, including a soon to be open movie theater, Whole Foods market, and trolley-bus service, all set to be completed by mid-August. Besides a facelift, the plaza is upgrading their store roster as well.

Food Trucks have become the hippest way of spreading the tastes of various cuisines, appearing in locations all over a given city. Trucks meet for showdowns and block parties, providing the inner foodie with a plethora of choices for the palette. With this budding phenomenon, canines can now join in the tasty fun!

Maserati GranTurismo MC 2012 edition is coming to North America. The new model has a 4.7-liter V8 engine with 444 horsepower and 374 pound-feet of torque. The hot little sports car has two doors and seats four people and costs $139,000.

The Encino, CA mansion where Vincent Chase and his Entourage lived in on the hit HBO show is up for sale at $4.2 million. The house, architecturally styled after a Tuscan Villa, is truly fit for Hollywood royalty. Long corridors lead to spacious rooms for people to hang out, along with seven bedrooms and eight over the top bathrooms

Walt Disney’s Los Feliz, LA 12-room mansion is up for sale at $3.65 million. Originally, Disney had built the house for himself for $50,000 in 1932! The exterior of the house looks like it came out of one of his whimsical cartoon films with brick entrance, wooden door and pointed roof above the central rotunda.

Move over America, seems like Asia might just have the lead when it comes to high rollers. China, known to have some of the wealthiest people, has come up form the pressure of inflation with the cost of luxury goods and services. Rising up to a significant percentage, in a year-on-year as of June, The Hurun Luxury Consumer Price Index shows all good signs towards a bang in world of lux shopping.

Tony Danza and his wife recently filed for divorce and are now selling their 3,000 square foot, ocean front mansion in Malibu for $9,100,000.