MIAMI | 1420 S Miami Avenue | 950 + 691 + 604 FT | 80 + 60 + 50 FLOORS

[bobdreamz]

There was a groundbreaking ceremony on Thursday November 30th for this long awaited project in the Brickell Financial district.

Capital at Brickell
1421 S. Miami Avenue
Architects: Fullerton Diaz
Heights: North Tower: 649 ft.- 198 m- 56 stories
South Tower: 607 ft- 185 m- 52 stories
Status: Under Construction

http://www.miamirealestateadvisor.com/capbrickell/Cap1.gif

http://www.miamibeach411.com/photos/real_estate/capital-miami.gif

http://img.photobucket.com/albums/v289/enyers/Picture027.jpg

http://www.capitalbrickell.com/images/Capital%20Tower%20Top2.gif

The site from the Four Seasons tower webcam 1 block east:
http://i137.photobucket.com/albums/q236/jcmrls1293/1164965869522115.jpg

[HomeInMyShoes]

Cool. Not sure about the pointy spikes, but I'm really liking the Ode to Chrysler motif on top in the 4th picture.

[bobdreamz]

^ yes the Chrysler influence is certainly there. This is one of the better residentials going up in the city.

[NYC2ATX]

ill agree about the chrysler influence, rele nice

[MiamiSpartan]

Can't wait to see this project completed! It will really add signature buildings to the south end of the skyline.

[mthq]

I was thinking the same thing about that fourth pic. Looks pretty good.

[dave8721]

My favorite of the new Miami buildings (just about everyone's favorite in fact). Too bad they got chopped down though, they were originally to be in the high 700's somewhere...gotta love the FAA.

[Hoodrat]

Those are incredible! I love the crowns.

[dave8721]

The hole grows...

from today:
http://i2.photobucket.com/albums/y19/dave8721/capital-2.jpg

[Stu]

They are pretty decent. Kind of sucks they got chopped though.

[ATLksuGUY]

GREAT building. Im gonna move to miami now

[GREGGYMIAMI305]

nice design

[coruna]

This is one of my favorite buildings to come out of the boom, it's a decent height, not that tall, but the design is amazing.

www.capitalatbrickell.com/

[brickell]

That's Inifinity 1, not Capital. Capitol Towers is still a hole in the ground.

[coruna]

When do you all expect Capital to start going vertical?

[SkyWatcher]

Glad to see these being built, I like interesting roofs.

[M II A II R II K]

What does it look like now?

[robhut]

I think it is cancelled or something I am not sure, everytime I pass by the site is dead. I don't know, does anyone know about the status?

[Scruffy]

damn, i was really digging these towers. shame if they go under

[robhut]

M too. I loved the design. I hope they star woking on them anytime soon, but with the economy like it is I dn't know.

[brickellresidence]

the capital is getting busier i see people working on the site and i think it could break ground this summer. i will post picture in this weekend.

[Complex01]

Oh that is awesome news. I really like these towers. A pic would be awesome. Very Kewl...

:yes:

[brickellresidence]

the cabi company of condos owns capital towers and everglades on the bay the news is that if everglades on the bay sales turns out good they will start on capitals which it will take in 2009 or 2010 to start its construction.

[brickellresidence]

I got great news contruction is starting this week the crane is going to be added this week.

[Complex01]

:previous:

:banana: Yea....

[miami_sky_freak]

Hopefully its gonna start going vertical within next 2 or 3 weeks.

[brickellresidence]

anybody got pictures of its site. im currently in mexico city.

[brickellresidence]

Hopefully its gonna start going vertical within next 2 or 3 weeks.

wat does vertical mean for capital.

[MIAMIpaintball]

is it dead?

[Jasonhouse]

Good question. I take it this thread needs updated and moved...

Any confirmation of the building's status?

[futuresooner]

It is ON HOLD, for now.

[chris08876]

Revived from the recession, bidding is occurring for the site :cool: Might go a redesign from the original 3.2 million sq. ft...
-----------------------------------------

With development potential for the site up to 3.2 mln sq. ft., the price could be huge. The original 650 and 710 ft. tower proposal could be built but at 1.3 mln sq. ft, it would only be less than half the potential for the property. The winning bidder will likely seek the maximum square footage allowable.
=====================
More in link as the site is copy protected: http://www.exmiami.org/index.php/bidding-opens-for-capital-at-brickell-site/

[Urbannizer]

Dumped back into the Highrise & Supertall Proposals section.

[chris08876]

Capital At Brickell Site Sold To Chinese For $75M; Will Be Redesigned

http://i.imgur.com/YY3qoe8.jpg

The Capital at Brickell site has been sold for $74.74 million.

CCCC International USA LLC, a subsidiary of Beijing’s China City Construction and American Da Tang Group of New York, is the buyer.

The 2.78-acre site was approved for a Major Use Special Permit allowing a 1.3-million square foot, twin-tower project. Those plans will be scrapped, according to an interview of American Da Tang’s CEO in the DBR.

Excavation at the site had started, but was halted due to market conditions.

The seller is a subsidiary of Mexican conglomerate GICSA, controlled by the Cababie family. GICSA developed downtown Miami’s Vizcayne condos.

The new owner will be able to redesign the project under the Miami 21 zoning code with a maximum of 3.2 million square feet.
==============================
http://www.thenextmiami.com/index.php/capital-brickell-site-sold-75m/

[Dale]

Wow! 3.2 million sq ft ... massive potential for the site!

[chris08876]

Could be a supertall if they play their cards right and design it in such a manner assuming they don't go with a twin design. A little over double of what was allowed previously. Its in a good location to be a supertall too! :D

[MiamiSpartan]

I hope it is at least 900 ft tall....Shame that they aren't using the original design...I liked the crown design on those towers....
Not too surprised that they are re-designing it, though....

[chris08876]

The site was bought by a Chinese building company, so knowing how the Chinese build, this is sure to be an interesting design.

[chris08876]

Site:

https://farm9.staticflickr.com/8648/15960594118_4aa19bacc3_b.jpg
Credit: QuantumX ' https://www.flickr.com/photos/27357258@N03/15960594118/

[chris08876]

A followup to post #38 :

China City Construction Completes Preliminary Approval At Brickell Site Where They Plan Miami’s Tallest Building


China City Construction Corp. has completed ‘preliminary approval’ of what they call a landmark project at the former Capital at Brickell site, according to a posting on their website last week.

China City plans to build the tallest building in Miami on the site, their website said at the time of purchase (although the property is restricted in height by aviation officials compared to other parts of downtown.) Total construction area will be about 330,000 square meters, or 3.6 million square feet. :)

The project remains in the planning and design stage. A partner in the project, American Da Tang Group, has said it will be targeted towards Chinese end users with amenities that cater to them.

China City is a state-owned enterprise with a philosophy that calls for ‘building socialism with Chinese characteristics.’ The company completed the purchase of the 2.78-acre Capital at Brickell site late last year along with partner American Da Tang Group for $74.74 million.
=============================
http://www.thenextmiami.com/index.php/china-city-construction-completes-preliminary-approval-at-brickell-site-where-they-plan-miamis-tallest-building/

[chris08876]

Website of the developer: http://www.cccc-group.com/

Use Chinese to English translation

[chris08876]

Here Is Arquitectonica’s Conceptual Design For China City Construction’s ‘Iconic’ Capital At Brickell

http://i.imgur.com/rUCsCu6.jpg

Arquitectonica founder Bernardo Fort-Brescia traveled to Hangzhou, China last week and met with China City Construction Holding Group officials to discuss plans for their upcoming Capital at Brickell project.

The two sides discussed aviation height limits, parking ratios, and other architectural details for Capital at Brickell. Fort-Brescia presented four conceptual design drafts for review by China City officials.

Conveniently, Arquitectonica has an office in nearby Shanghai.

This was the second meeting between the two sides. A China City delegation, including development group chief Haibo Pan, met with Fort-Brescia for the first time in Miami recently, where they discussed their development intention, layout and other project details. Pan is scheduled to return to Miami in late June to meet with Fort-Brescia again.

On their recent Miami visit, China City representatives also met with architect Jonathan Cardello of ADD Inc. Cardello showed Pan four condo projects that his firm had designed and planned in Miami. The two sides had an in-depth discussion on construction costs, highest and best use of the land, architectural design, and construction time frames.

China City said last week that Capital at Brickell will be an ‘iconic’ project.

The company is also in talks to develop a project at Worldcenter, and signed a deal with law firm Greenberg Traurig who will handle legal matters pertaining to the projects.
==============================
http://www.thenextmiami.com/index.php/arquitectonica-presents-china-city-with-conceptual-design-for-capital-at-brickell/

[chris08876]

Capital At Brickell Developer Meets President Obama, Discusses EB-5 Program

http://i.imgur.com/qd9jbox.jpg

Shanjie Li, the CEO of Capital At Brickell Developer American Da Tang Group, recently met with President Obama in Miami, the company said.

The May 27 meeting was attended by just 20 people, according to American Da Tang, and was followed by dinner. Topics included global warming, economic decline in Venezuela, troop withdrawal from Iraq, health insurance, and gay marriage in the army.

According to American Da Tang’s account, Li ‘expressed his expectations’ that Obama would solve issues faced by EB-5 immigrants, in order to allow them live in the U.S. Obama assured Li that he would pay extra attention to the EB-5 program and lauded Chinese immigrants for their contributions to the country, after which Li handed over documents containing ‘suggestions’ for the program.

Press reports indicated that Obama attended two fund raisers in Miami on that day. The first was held by activist Joseph L. Falk, and attended by 30 people. The second was attended by about 90 people, who paid $33,000 each. It was hosted by prominent local developer Stephen Bittel of Terranova Corporation.

Obama then spent the night at the downtown Miami Hilton, owned by Genting Malaysia and controlled by ethnic Chinese.

==========================
http://www.washingtonpost.com/politics/obama-visits-florida-to-talk-hurricanes-and-raise-cash/2015/05/28/047672a4-052d-11e5-a428-c984eb077d4e_story.html
http://www.thenextmiami.com/index.php/capital-at-brickell-developer-meets-president-obama-discusses-eb5-program/

[chris08876]

This tower will top out a 1,069 feet.

Other tower height, in the two tower project is not confirmed, but the tallest is 1,069 ft.

:cheers:

This project being 3.6 mil-sqft.

[bobdreamz]

This tower will top out a 1,069 feet.

Other tower height, in the two tower project is not confirmed, but the tallest is 1,069 ft.

:cheers:

This project being 3.6 mil-sqft.

I just wished that they would have stuck with the original design :

http://www.thejills.com/megatemplate/uploads/photogallery_images/File10.533424_211830.jpg
http://www.thejills.com/megatemplate/uploads/photogallery_images/File10.533424_211830.jpg

http://i182.photobucket.com/albums/x59/bobmiami/capi.jpg
http://i182.photobucket.com/albums/x59/bobmiami/capi.jpg

Imagine these 2 towers at least over 1,000 feet!!! :)

----------------------------------------------------------------------------------------------------------------------------------------------

http://www.thenextmiami.com/index.php/china-city-hires-arquitectonica-to-design-miamis-tallest-tower-at-1069-feet/

[chris08876]

Lets not forget this potential supertall. Title should be changed. The address is for the site, and the name of the project is "CCCC MIAMI TOWERS". CCCC = China City Construction Corporation.

MIAMI | CCCC MIAMI TOWERS (1420 S. Miami Avenue) | 1,069 + X FT | FLOORS

One tower will top out at 1,069 ft, the other, x, is unknown for the meantime.


===================
===================

Chinese Developers Bringing 'Iconic' Building to Brickell, Beach Club to the 'Northern' End of South Beach

Chinese developers American da Tang Group and China City Construction are planning to bring an "iconic" new building to the former Capital Brickell Place property in Brickell, according to Shanjie Li, the CEO of American Da Tang Group. Curbed Miami once affectionately dubbed the site 'Brickell's Biggest Hole,' because plans to build a tower on the block-sized site in the last real estate boom were abandoned after excavating the foundations. Mr. Li is hoping to negotiate with the Federal Aviation Administration to be allowed to build Miami's tallest skyscraper, but he emphasizes that it is more important that the "whole project be iconic for Miami" he told Curbed through a translator. "Height is only one factor." The project will be mixed use, with residential, retail, and offices. The developers are calling the project CCCC Miami Towers (short for China City Construction Corporation), and they would like to break ground on it early next year.

His company is also planning a beach club to be built on an undeveloped site "towards the northern end of South Beach," Mr. Li said. They are still in negotiations to purchase a vacant property which is "much smaller than six acres" in size, but the deal is close to being finalized. Mr. Li was eager to correct statements being published online about his company's new Miami projects, statements which originated with The Next Miami. "We don't know where that website got the information" he said.
======================
CB (http://miami.curbed.com/archives/2015/09/18/chinese-city-development-brickell-south-beach-tower.php)

[bobdreamz]

I really don't see how the FAA will allow them to build to 1,069 feet when the tallest U/C is a few blocks away in southern Brickell with the Panorama tower @ 829 feet.

[N830MH]

Capital At Brickell Developer Meets President Obama, Discusses EB-5 Program

http://i.imgur.com/qd9jbox.jpg



==========================
http://www.washingtonpost.com/politics/obama-visits-florida-to-talk-hurricanes-and-raise-cash/2015/05/28/047672a4-052d-11e5-a428-c984eb077d4e_story.html
http://www.thenextmiami.com/index.php/capital-at-brickell-developer-meets-president-obama-discusses-eb5-program/

Hey!! I can see president Obama. I can see him. What he doing there?

[N830MH]

I really don't see how the FAA will allow them to build to 1,069 feet when the tallest U/C is a few blocks away in southern Brickell with the Panorama tower @ 829 feet.

Sure, why not? Let them approved. Let go! It's time.

[chris08876]

One Brickell was approved at 1,049 feet so this shouldn't get the FAA's panties wet. I hope their aggressive time table becomes a reality. Early next year sounds promising.

Miami is looking at two supertalls u/c by 2016. We have Skyrise, and hopefully this. Villa Magna will be 995 feet in two towers, and Miami Riverpoint in two towers I believe is closer to 800 feet. Quite a bit of height for 2016. Honorable mentions to 1000 Museum and Panorama Tower.

Now hopefully we can get those two Chicago supertalls rising in 2016, and when we factor in NYC, SF, LA , Philly, and hopefully Seattle, the U.S. will see a dramatic jump in supertalls from the current.

[dave8721]

One Brickell was approved at 1,049 feet so this shouldn't get the FAA's panties wet. I hope their aggressive time table becomes a reality. Early next year sounds promising.

Miami is looking at two supertalls u/c by 2016. We have Skyrise, and hopefully this. Villa Magna will be 995 feet in two towers, and Miami Riverpoint in two towers I believe is closer to 800 feet. Quite a bit of height for 2016. Honorable mentions to 1000 Museum and Panorama Tower.

Now hopefully we can get those two Chicago supertalls rising in 2016, and when we factor in NYC, SF, LA , Philly, and hopefully Seattle, the U.S. will see a dramatic jump in supertalls from the current.

One Brickell CityCenter (One Brickell is a different project approved at like 877 feet or something) was approved farther north closer to the river. This is farther south closer to the direct flight path of planes. The Four Seasons was originally proposed to be over 900 feet but was chopped by the FAA. Echo shrunk as well. This is proposed in that area.

[MiamiSpartan]

..but the FAA seem to have relaxed their restrictions in recent months, so it would not surprise me if they end up approving this.....

[dave8721]

http://www.bizjournals.com/southflorida/news/2015/11/09/chinese-developers-will-seek-350m-in-eb-5-funds-to.html?iana=ind_cre

Chinese developers will seek $350M in EB-5 funds to build Brickell towers

A team of Chinese developers wants to raise up to $350 million through the EB-5 visa program for a two-tower project in Miami’s Brickell financial district.
The EB-5 program allows foreign nationals who invest at least $500,000 in projects that create at least 10 jobs to get on a fast track for U.S. residency.

The $875 million project by China City Construction International Co. (CCCC) and American Da Tang Group is in the planning stages. In October, Chun Wo Development acquired a 45 percent stake in the venture that owns the 2.78-acre site at 1420 S. Miami Ave. for $40 million and said it has the potential for 3.2 million square feet of development.

The developers of the project, dubbed CCCC Miami Towers, have yet to announce the final square footage and height. North Miami attorney Roger Bernstein, who represents the city's EB-5 Regional Center in the process, said the towers would have a mix of condos, retail, hotel rooms and office space.

“They have more than enough money to finance this without EB-5 but they feel it will be important to make a bridge between Miami and China and it will help them in condo sales in bringing Chinese investors to South Florida,” Bernstein said. “CCCC are incredibly important developers and contractors in China. They are a household name and have a sterling reputation in China and that will surely help in their marketing efforts.”

[dave8721]

http://www.miamiherald.com/news/local/community/miami-dade/article61852957.html

China City Construction Co., a subsidiary of the Ministry of Housing and Urban-Rural Development of the People’s Republic of China, has spent more than $110 million to acquire a pair of prominent properties, one in Miami Beach’s North Beach neighborhood and the second in Miami’s West Brickell.

On the Beach site, a vacant beachfront lot abutting the legendary Deauville Hotel to the south, China City plans to build a 21-story tower with 42 condos. Because the lot is in a historic district, the plans will be considered by Miami Beach’s historic preservation board March 10.

On South Miami Avenue in Brickell, China City is partnering with another Chinese company, Hong Kong’s Chun Wo Development, on a twin-tower project, 80 stories tall, that would house condos and a hotel over two floors of retail and a parking garage. Those plans will be filed soon at the city of Miami, the venture’s attorneys say.

In a nice though perhaps incidental bit of reciprocity, both towers are being designed by Miami’s Arquitectonica, the global architecture firm run out of Coconut Grove that has offices in Hong Kong and Shanghai.

That China City is based in mainland China, where many companies are an outgrowth of government ministries, has been commonly known in Miami’s real-estate world since its purchase of the vacant Brickell site for nearly $75 million at the end of 2014.

Just how tight the firm’s relationship with the Chinese government is, however, wasn’t clear until China City recently submitted development plans to the city of Miami Beach, which requires disclosure of ownership. The one-sheet disclosure form, first published by the Next Miami website, links China City and various offshoots directly back to the housing ministry in Beijing.

More recently, Miami political leaders, including Mayor Tomás Regalado, complained when developers of a long-delayed resort, also on Watson Island, announced their hotel would be managed by a Chinese company that turned out to have connections in Cuba. That deal ended with the recession.

On Monday, Regalado expressed reservations about the Brickell project, though not so much because of China City’s Chinese links but the unusual circumstance of having a foreign government directly involved in a major development.

“We have not seen a foreign government build in Miami as a developer before. That’s a concern,” Regalado said. “It’s very strange that a government will venture into developing in Miami. We don’t know what their goals are.”

Read more here: http://www.miamiherald.com/news/local/community/miami-dade/article61852957.html#storylink=cpy

[chris08876]

Great news. I hope this, and Axis Realty's 520 Biscayne design become a reality. If so, that's another 1,100 foot tower. Looks like a Beijing style design too.

[chris08876]

China City’s Brickell Project Will Include 3.2 Million Square Feet

China City Construction Group Holdings Limited provided on update on their massive Brickell project yesterday:

It is currently under design and planning
The gross floor area is approximately 3,200,000 sq. ft.
It will take about six years to complete the whole project, including its construction works

The Hong Kong-listed China City was formerly known as Chun Wo. The company purchased a $40 million stake in the project from a mainland China company with a similar name (China City).

The developers have previously estimated the cost of the project at $875 million, with top off of the twin towers at 1,069 feet. They had hoped to break ground in early 2016.
==================
NXT (http://www.thenextmiami.com/china-citys-brickell-project-will-include-3-2-million-square-feet/)

[N830MH]

Capital At Brickell Developer Meets President Obama, Discusses EB-5 Program

http://i.imgur.com/qd9jbox.jpg



==========================
http://www.washingtonpost.com/politics/obama-visits-florida-to-talk-hurricanes-and-raise-cash/2015/05/28/047672a4-052d-11e5-a428-c984eb077d4e_story.html
http://www.thenextmiami.com/index.php/capital-at-brickell-developer-meets-president-obama-discusses-eb5-program/

Omg!! I can see President Obama. I can see him. What he is doing there?

[chris08876]

Looks like its twin towers at 1,069 ft. Two of them.

=========================


Using translate feature:

US Datang Group and the city in the construction of the Group, in the center of Miami, the construction of Florida landmark building - the city of Miami Building (CCCC Miami Tower). In order to ensure that the investment immigrants to obtain the most secure, convenient and reliable investment channels, the United States Datang Group for the construction of the Miami Building, EB-5 project to create a fund management, regional center, project management in one of the new model of investment immigration, Management costs, improve project operational efficiency, will also maximize the investment immigrants to obtain a green card and recover the investment costs as scheduled, but also can achieve the perfect combination of purchase and investment immigrants. At the same time the United States Datang Group also to the Chinese members and guests to bring valuable real estate investment projects, to share with you.

The United States Datang Group China will bring you more formal, safe and reliable investment in the United States new ideas. American Datang Group is your home in the United States can rely on life, through the experience of "the same class of business and life, with a class needs and services," the purpose of Datang services, you will enjoy happiness, happiness, health, freedom American way of life!

http://news.wewen.io/image?src=http://mmbiz.qpic.cn/mmbiz/NNX3kmuVymWiacdC28VGE8hSpVncA0g1LVMc3ppq2ukY5UXrOvica32OHk5MeQsJI8HiaKoAvrfjUIG40GzI5icOCA/640?wx_fmt=png
======================
http://news.wewen.io/articles/20762901

[chris08876]

This project "may" change... :uhh:

Unfortunately, I have a feeling the parcel will be sold, and down sized if a new developer picks it up. I hope not... but it seems uncertain at this point given the latent nature of this project. :shrug:

= = = = = = = = = = = =


Where’s the Chinese money?

When a Beijing-based partnership scooped up a Brickell Avenue development site for $74.5 million in 2014 and subsequently announced plans for a $1 billion mixed-use complex, it marked the first significant foray by Chinese investors into South Florida commercial real estate. The joint venture between China City Construction and American Da Tang Group appeared to signal that the region was primed for an influx of Chinese capital in the office, hotel and retail sectors.

But nearly three years later, capital from Asia’s largest economy remains largely elusive for South Florida projects despite the fact that Chinese nationals now represent the single largest group of foreign investors in U.S. commercial real estate.

For one, South Florida lacks signature commercial buildings that attract high-net-worth Chinese investors and companies, said Seth Gordon, a Miami publicist who represented the China City Construction partnership and is co-chair of the Greater Miami Chamber of Commerce’s Asia advisory committee.

When a Beijing-based partnership scooped up a Brickell Avenue development site for $74.5 million in 2014 and subsequently announced plans for a $1 billion mixed-use complex, it marked the first significant foray by Chinese investors into South Florida commercial real estate. The joint venture between China City Construction and American Da Tang Group appeared to signal that the region was primed for an influx of Chinese capital in the office, hotel and retail sectors.

But nearly three years later, capital from Asia’s largest economy remains largely elusive for South Florida projects despite the fact that Chinese nationals now represent the single largest group of foreign investors in U.S. commercial real estate.

For one, South Florida lacks signature commercial buildings that attract high-net-worth Chinese investors and companies, said Seth Gordon, a Miami publicist who represented the China City Construction partnership and is co-chair of the Greater Miami Chamber of Commerce’s Asia advisory committee.

[...]

Still, developers who have sought foreign investors by qualifying projects for EB-5 visa status claim the immigration program has been successful in attracting Chinese nationals who otherwise would never consider South Florida. Rodrigo Azpurua, CEO of commercial real estate firm Riviera Point Development Group, said he obtained financing from 18 Chinese investors in 2014 through the EB-5 program. They helped fund the second phase of construction for an office complex at 7971 Riviera Boulevard in Miramar, which Azpurua’s company completed in 2015.

“They are still investors in the project,” Azpurua said. “They will get the return on their capital in 2018, when the building is scheduled to be sold.”

Still, developers who have sought foreign investors by qualifying projects for EB-5 visa status claim the immigration program has been successful in attracting Chinese nationals who otherwise would never consider South Florida. Rodrigo Azpurua, CEO of commercial real estate firm Riviera Point Development Group, said he obtained financing from 18 Chinese investors in 2014 through the EB-5 program. They helped fund the second phase of construction for an office complex at 7971 Riviera Boulevard in Miramar, which Azpurua’s company completed in 2015. “They are still investors in the project,” Azpurua said. “They will get the return on their capital in 2018, when the building is scheduled to be sold.”

[...]



Meanwhile, the China City Construction Brickell project may not be moving forward. Last October, the company merged with a Hong Kong firm and was renamed Asia Allied Infrastructure Holdings. Shanjie Li, chief executive of American Da Tang Group, is no longer involved in plans for the site at 1430 South Miami Avenue, Gordon said. A spokesperson for Asia Allied did not respond to a phone call and email seeking comment ...
===========================
https://therealdeal.com/miami/issues_articles/wheres-the-chinese-money/

[Dale]

Another supertall bites the dust.

[chris08876]

CCCC Towers Could Still Be Built, A Partner Says

http://i.imgur.com/pt8wdxD.jpg

http://i.imgur.com/QHhIUA2.jpg

Brickell’s CCCC Towers could be completed within five years, according to American Da Tang Investment Group CEO Shanjie Li, who was involved in the deal, in an interview with the SFBJ.

The $875 million mixed-use project would include condos, hotel, office and retail.

Last year, developer China City Construction was said to be in financial difficulty and defaulting on debt.

Li also said that he has met with executives of Chinese airlines with the goal of getting a nonstop flight from Miami to China. Airlines are concerned about a lack of demand, Li said, but he thinks that a potential revenue shortfall could be made up by selling ads in in-flight magazines.

At the same time, Li has other ideas to increase the presence of Chinese in Miami. He is working to film a movie about Chinese businessmen in Miami, and also wants to build a “Chinatown” along South Miami Avenue within three years.
========================
NXT (https://www.thenextmiami.com/cccc-tower-still-built-partner-says/)

[bobdreamz]

^ Now it's a 5 year time frame? I don't see this happening.

[Dale]

In fairness, it would probably take almost four years to build.

[chris08876]

Hong Kong Lawsuit Filed Over CCCC Brickell Towers Delay

A partner in Brickell’s $875 million CCCC Towers is suing the majority owner for failing to move forward with development.

Asia Allied Infrastructure Holdings Limited said they were taking legal action in a Hong Kong court. The company owns a 45% stake, purchased in 2015 for $40.5 million (Asia Allied was then known as Chun Wo).

According to Asia Allied, no development progress has been made since their stake was purchased. Majority partner China City Construction Group also failed to answer repeated requests for information on how the development would be financed (China City has been struggling with liquidity issues).

Twin towers were planned, reaching a height of 1,069 feet – taller than any other building in Miami, and above the Federal Aviation Administration height limit. It was to include residential condos, hotel, office and retail.

Asia Allied shares trade on the Hong Kong Stock Exchange.
====================
NXT (https://www.thenextmiami.com/hong-kong-lawsuit-filed-cccc-brickell-towers-delay/)

[chris08876]

Hong Kong Court Battle Over Control Of The Capital At Brickell Site, Where 1,069-Foot Towers Planned

http://i.imgur.com/QHhIUA2.jpg

Two companies from China are battling over control of the Capital at Brickell site in a Hong Kong Court, newly filed records show.

The site was excavated over a decade ago by a previous developer who planned a twin-tower project, before construction was halted. The land is now a fenced off hole in the ground, in the heart of Brickell.

Beijing-based China City Construction purchased the property and later sold a stake to Hong Kong’s Asia Allied Infrastructure Holdings (formerly Chun Wo Development Holdings), but that partnership soured after China City ran into financial problems.

The two companies own the site through a series of holding companies in the British Virgin Islands and Delaware. Asia Allied owns 45%, with China City the remaining 55%.

Asia Allied sued China City earlier this year after no progress was made in the Brickell development. A court in Hong Kong is now deciding the fate of the property.

According to a filing last month, Asia Allied was able to obtain a court order barring any sale or transfer by China City of its 55% stake.

Before China City’s financial problems, the developers had been planning twin towers with 3.2 million square feet, at a total development value of $875 million. A partner in the project had said the towers would be Miami’s tallest at 1,069 feet.
=====================
NXT (https://www.thenextmiami.com/an-update-on-the-capital-at-brickell-site-where-1069-foot-towers-were-planned/)

[chris08876]

Brickell’s Chinese-Owned CCCC Towers Site Is Getting A $200K Wall

https://i.imgur.com/6kUxMnr.jpg

Construction on a wall may soon begin at one of Brickell’s most prominent undeveloped properties, the CCCC Towers site.

CCCC International USA LLC applied in June 2018 for a permit to build the wall at 1420 South Miami Avenue, city records show. The permit was approved in October and has since been issued.

A six-foot CBS fence is being built at a cost of $201,013, the permit states. Oscar’s Home Solutions, managed by Oscar Rodriguez, is listed as the contractor.

Excavation at the property began last decade by Cabi Developers, which planned a twin-tower project with underground parking. That project was halted, and several layers of fill were never replaced leaving a hole in the ground.

The property was sold in 2014 to Chinese developers who now are battling in a Hong Kong court over control.
================================
NXT (https://www.thenextmiami.com/brickells-chinese-owned-cccc-towers-site-is-getting-a-200k-wall/)

[Zapatan]

This would be so amazing :cheers:

[BonoboZill4]

Miami really pushing to throw its hat into the race for third biggest/best skyline in the US. Crazy how much its changed since I went there as a kid for vacation

[chris08876]

AMERICAN DA TANG FILES NEW LAWSUIT OVER CCCC TOWERS

Another lawsuit has been filed over the CCCC Towers project in Brickell.

American Da Tang and Shanjie Li are suing for breach of contract. They had a contract to manage the development in exchange for a 5 percent stake in the project, the lawsuit states.

A 2015 meeting where terms of the deal was hashed out was attended by Bernardo Fort-Brescia of Arquitectonica, Walter Defortuna of Fortune International Realty; Philip J Spiegelman of brokerage ISG, the Chairman and CEO of Coastal Construction, and executives from China City Construction, the lawsuit states.

The development is already the subject of a court battle in Hong Kong over control.

Earlier this month, the city’s Unsafe Structures Panel issued an emergency order demanding fill be placed at the site. An excavation over a decade ago removed two stories of dirt.
=============
NXT (https://www.thenextmiami.com/american-da-tang-files-new-lawsuit-over-cccc-towers/)

[ernestoaragon]

UGH, this site is cursed !!!

[chris08876]

CCCC MIAMI WORLD TRADE CENTER WAS PLANNED TO INCLUDE 59-STORY TOWER WITH 3M SQUARE FEET, LAWSUIT STATES


Another lawsuit has been filed over the CCCC Miami World Trade Center property in Brickell, this time seeking a foreclosure.

The partners were planning to develop, construct and operate a 59-story, 2,974,000 square foot condominium, hotel, office, and retail building known as CCCC Miami World Trade Center, the lawsuit states.

Champ Prestige International Limited, an affiliate of Hong Kong’s Asia Allied Infrastructure, filed the suit.

The company owns a 45% share in the property but wants to foreclose on the remaining 55% owned by China City Construction.
==============
NXT (https://www.thenextmiami.com/cccc-miami-world-trade-center-was-planned-to-include-59-story-tower-with-3m-square-feet-lawsuit-states/)

[bobdreamz]

HONG KONG COURT ORDERS CCCC TOWERS SITE IN BRICKELL TO BE LIQUIDATED
November 25, 2019

Brickell’s CCCC Towers site is set to be sold following a ruling from a Hong Kong judge.

China City Construction Corp. purchased the property in 2014 for $74.74 million, with plans to build Miami’s tallest tower.

Asia Allied Infrastructure bought a 45% stake in the project for $40 million from China City in 2015, valuing the property at $88.88 million.

China City Construction Corp. is insolvent and failed to develop the project in a timely manner, according to a lawsuit filed by Asia Allied in Hong Kong.

In a ruling issued in October, a Hong Kong judge ordered the property sold.

In 2007, Cabi Developers began excavating the site to build the Capital at Brickell twin tower project, which included two levels of underground parking. Fill was removed for the underground parking before the project was cancelled, leaving an empty pit in the heart of Brickell for almost a dozen years now.

https://www.thenextmiami.com/hong-kong-court-orders-cccc-towers-site-in-brickell-to-be-liquidated/

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
https://farm9.staticflickr.com/8648/15960594118_4aa19bacc3_b.jpg
https://farm9.staticflickr.com/8648/15960594118_4aa19bacc3_b.jpg

So the saga for this property continues 13 years later.

[chris]

FYI:

CCCC TOWER SITE IN BRICKELL HAS BEEN SOLD (BUT A PARTNER SAYS THE SALE IS FRAUDULENT)

https://www.thenextmiami.com/cccc-tower-site-in-brickell-has-been-sold-but-a-partner-says-the-sale-is-fraudulent/

[chris08876]

This parcel will be developed in time due, its too much of a development opportunity. May follow suit of the Crystal Tower parcel which took ages, and set back after set back to finally get some activity. Not in its original form, and this one looks like a similar trajectory. We'll probally see something rise severally downgraded via its original development potential, but a site like this would be ideal if the right ownership buys when the market is just right. Just to maximize its potential.

I'd say patience on this parcel. This has the potential to be a future tallest in time due. With some nice influx coming in 2020/2021, shouldn't be an issue, just on the waiting list pretty much.

[chris]

There is an empty waterfront parking lot located between Brickell Bay Drive and SE 12th street...what's the plan with that property and who owns it? I feel that has the potential to becoming Miami's tallest as well.

[bobdreamz]

:previous: Is that the lot next to the Jade? If so that is where the twin 1,049 foot high The Towers by Foster and Partners is going.
It's owned by Tibor Hollo's company.

https://www.thenextmiami.com/video-released-of-81-story-foster-supertall-towers-planned-in-brickell/

[chris08876]

Lot is being filled back again

https://i.imgur.com/Ke5yhUP.jpg
Credit: ryan rc rea

[chris08876]

:previous: Is that the lot next to the Jade? If so that is where the twin 1,049 foot high The Towers by Foster and Partners is going.
It's owned by Tibor Hollo's company.

https://www.thenextmiami.com/video-released-of-81-story-foster-supertall-towers-planned-in-brickell/

Its between SW 14th/13th. Closer to the waterfront. Yeah, near the Jade at Brickell.

[dave8721]

https://therealdeal.com/miami/2020/04/23/china-citys-brickell-development-site-under-new-ownership/

China City’s Brickell development site under new ownership
Rega Group president and founder Sen Wang now controls site

A full block of vacant land in Brickell is under new ownership, court records show.


The development site, at 1420 South Miami Avenue, was previously owned by CCCC International USA, an affiliate of China City Construction Holding Group Co. It is now controlled by entities tied to Rega Group, a California developer.

The land has been vacant since before the Chinese company acquired the 2.78-acre property in 2014 for nearly $75 million.

A lawsuit filed by Champ Prestige International against both companies, Rega Center Miami Holdings LLC and Rega Center LLC, was dismissed on April 3, according to the South Florida Business Journal. A lis pendens that was blocking the property from being sold was dissolved by Judge Michael Hanzman.

That prime piece of Brickell real estate has sat vacant for years, with CCCC International allegedly failing to make any effort to develop the property, according to a previous lawsuit. The land is a block away from Related Group’s SLS Brickell tower and other high-rise developments.

[Zapatan]

Wasn't this the fraudulent transfer? If not, I wonder if they plan on doing anything with the site...

[chris08876]

Its just drawing upon old legal battles. Hopefully the new ownership will develop this overtime, with no issues. Prime space, bound to be developed.

[dave8721]

3 Tower development proposed for 1420 S Miami Ave in Brickell. The Capital at Brickell project was begun on the site ~2005 but work ceased after the condo crash. A giant block sized hole was left in the ground, that is finally looking to get filled.

-80-story condo tower (400 units)
-60 and 50 story apartment rental towers (850 units total)
-2.6 million square feet.

https://www.multihousingnews.com/mast-capital-unveils-plans-for-miami-development/
https://www.multihousingnews.com/wp-content/uploads/sites/57/2021/12/Rendering-of-1420-S-Miami.-Image-courtesy-of-Mast-Capital.jpg

[JMKeynes]

I hope that all of these towers actually get built.

[chris08876]

Merged the treads. There's an older thread for 1420 South Miami Ave.

[chris08876]

I hope that all of these towers actually get built.

This is an older development site. I'm glad with the ownership changes, there's hope for something to rise.

[colemonkee]

An 80-story condo tower could easily reach 900 ft, no?

[chris08876]

Easily. Add in the base, and if they are going for some higher than usual ceilings, yes.

The original tower was slated for 1,069 ft before the crash.

[dave8721]

Heights for the 3 towers:
80 stories, 939 feet (405 condo units)
59 stories, 691 feet (425 rental apartment units)
50 stories, 604 feet (425 rental apartment units)

https://www.thenextmiami.com/developer-submits-plans-for-three-brickell-towers-including-one-on-verge-of-supertall-status/

https://i.imgur.com/XsJHZ8b.jpg

https://i.imgur.com/YT3437e.jpg

[chris08876]

Excellent. Developer optimism is at an all time high for Miami-Dade. Titled updated. This parcel has been in the pipeline since 2006.

Let's hope this manifests. The NY of the South is roaring again! :cheers:


Construction financing has already been secured from Michael Dell’s MSD and CanAm on the 80-story condo tower, and from Rockpoint on the multifamily component.

Miami’s Urban Development Review Board is scheduled to review the proposal at a meeting on February 16.

:cheers:

[chris08876]

This was approved.

https://aws1.discourse-cdn.com/business5/uploads/yimby/original/3X/3/5/35318d4b0daeaa47e51bd33a30563bfb26af22e2.jpeg

https://aws1.discourse-cdn.com/business5/uploads/yimby/original/3X/7/2/728cd4d87b21e89d5ee7b17b8f5a1b7a92d5d057.jpeg

https://aws1.discourse-cdn.com/business5/uploads/yimby/original/3X/8/7/87aaa1560bcee280eae0671a2d647eff827a9fec.jpeg

https://aws1.discourse-cdn.com/business5/uploads/yimby/original/3X/4/9/49b665de934baafd9ccdadcc230aaa3520cb0978.jpeg

https://aws1.discourse-cdn.com/business5/uploads/yimby/original/3X/d/c/dcd1b32d2e256485527174ad52cffb68e396fcae.jpeg

[colemonkee]

Three words that will always make me cringe when reading the description of a high-rise facade: "stucco slab edge". Aside from that, these look really nice.

[dave8721]

The best part of this project is that it will have 2472 bike parking spots. Due to a technicality it could not take advantage of a law that allows projects within a certain distance of a transit station to reduce parking because it is too close to a lower zoned area. But there was another rule that said for every 6 bike parking spots, you can remove 1 required car parking spot. The developer is basically thumbing his nose at the city wanting them to include so much parking :haha:

[chris08876]

Digging Underway At Brickell Site Where Three Towers Rising Up To 80 Stories Planned

Digging is already underway at the Brickell site which was approved for a three-tower project by Miami’s Urban Development Review Board last week.

There doesn’t appear to be any construction permit either active or pending for the site however, so the activity is likely exploratory.

Developer Mast Capital appears to be moving quickly on the project. Three towers will rise at the same time, an attorney for the developer said last week.

In addition, the developer instructed architects to design the project without requiring any exceptions from the Miami 21 Zoning code, likely making the approval process much faster.

The UDRB voted unanimously last week to recommend Miami’s Planning Department approve the project.

Three towers will rise 80, 59 and 50 stories, with a total of 1,255 residential units. The tallest tower will have condos, with the two other towers being built as rental apartments.

Mast has said they expect to begin construction by late 2022. Financing is already in place.
=====================
NXT (https://www.thenextmiami.com/photos-digging-underway-at-brickell-site-where-three-towers-rising-up-to-80-stories-planned/)

[chris08876]

Cipriani To Launch First-Ever, Ground-Up Residences, Cipriani Residences Miami

On the heels of the successful launch of hotel and social club Casa Cipriani, the brand unveils their plans for the first-ever, ground-up Cipriani residences, Cipriani Residences Miami.

Cipriani got its start when Harry’s Bar in Venice opened in 1931, founded by Giuseppe Cipriani. Throughout the 20th century, the brand expanded throughout the world and today the hospitality brand has more than 30 locations around world. Today, the company is run by Giuseppe’s grandson, Giuseppe Cipriani.

Located at 1420 South Miami Avenue in Miami’s trendy Brickell neighborhood, Cipriani Residences Miami will reflect the storied brand’s sophisticated design and elevated service. The 80-story tower is a brand-new, ground-up build and will have 397 one- to four-bedroom residences that reign over Brickell with views of Biscayne Bay and Simpson Park. Brickell is considered the “Wall Street of the South” and Miami’s Financial District thanks to the influx of businesses moving to the neighborhood.

Cipriani worked with Mast Capital and Arquitectonica to create a modern building. Each residence has spacious, ten-foot-high ceilings; floor-to-ceiling glass windows; curved lines; private outdoor space; and custom finishes and furnishings, like custom Italian kitchen cabinetry and Wolf Sub-Zero appliances. Select residences will have elevators that open directly into the units and each will have generous walk-in closets, separate standalone laundry rooms and innovate smart technology. The building will also have a 24-hour, Cipriani-trained staff, so residents can expect the top-notch service they are used to.

As an international symbol of elegance, style and hospitality, with a vast, devoted following that spans four generations, Cipriani was our only choice for this project,” says Camilo Miguel Jr., founder and CEO of Mast Capital. "We’re honored that Cipriani Residences Miami will be the brand's first ground-up residences in the U.S., and we look forward to setting a new standard together for the neighborhood.”

While more information on sales and the completion timeline of the residences is yet to come, Cipriani has revealed the residential tower will have elegant, resort-style amenities for its residents and have similar classic design elements beloved at Cipriani restaurants around the world. Amenities include a trademark Cipriani bar and resident-only dining experience; two swimming pools with a resort-style deck; cabanas; sun terrace with dining service; private reservable dining rooms and lounges catered by Cipriani’s restaurant; resident lounge; fitness center; private screening room; children’s playroom; library; spa with sauna and treatment rooms; dog park; hair salon and barber station; wellness center; pickleball court; golf simulator; and more. :cheers:

Miami is currently one of the country’s hottest markets, both in terms of real estate and hospitality. Recently, the city has been a hotspot for branded residences, from Bentley to Baccarat, but Cipriani has already found much success in Miami and has no doubt its loyal customers will find Cipriani Residences Miami a natural extension of its offerings.

“For four generations we have always tried to focus on our work, true to our values and honest with our customers,” Cipriani says. “This has allowed us to grow our name in over ten countries around the world and maintain a level of consistency that requires a lot of attention. In all honesty, not much time is left to worry about competition or what others are doing.”
===========================
https://www.forbes.com/sites/emmareynolds/2022/03/07/cipriani-to-launch-first-ever-residences-cipriani-residences-miami/?sh=8818a632128e

[chris08876]

Looks like completion is expected at the end of 2025. Sales are now officially underway as well.

[chris08876]

80-Story Cipriani Height Filed With FAA: Just Short Of Supertall Status

https://i.imgur.com/FEgesgm.jpeg

The developers of the 80-story Cipriani condo tower in Brickell have officially submitted tower heights to the Federal Aviation Administration.

Cipriani will come very close to being a supertall, but will fall just short, according to criteria from an organization calling itself the Council on Tall Buildings and Urban Habitat.

According to the March 28 FAA filing, Cipriani will reach a height of 940 feet above ground, or 950 feet above sea level.

The CTBUH criteria for meeting supertall status is 984 feet.

Cipriani will still be taller than any building that currently exists in Miami, although a number of other towers in the city are planned to reach 1,049 feet.

The Cipriani complex will include three towers, with rental apartments in the shorter buildings.

In addition to the 80-story tower, there will be a 59 story apartment tower (693 feet above ground, 710 feet above sea level, according to an FAA filing.

The third tower is planned to rise 50 stories and 604 feet according to a UDRB filing (it does not appear to have been filed with the FAA yet).
===================
NXT (https://www.thenextmiami.com/80-story-cipriani-height-filed-with-faa-just-short-of-supertall-status/)

[JMKeynes]

:cheers:

[Drcastro]

“…from an organization calling itself the Council on Tall Buildings and Urban Habitat.”
Lol

[Altoic]

https://www.skyscrapercity.com/cdn-cgi/image/format=auto,onerror=redirect,width=1920,height=1920,fit=scale-down/https://www.skyscrapercity.com/attachments/1651286043574-png.3133344/

https://twitter.com/volvoshine/status/1520148513363005442

[Altoic]

Applied for a construction permit for the 2 smaller towers, all 3 towers are aiming for construction by the end of the year.

https://www.thenextmiami.com/developer-applies-for-construction-permit-to-build-brickell-towers-with-856-apartments/