Posted Mar 5, 2020, 1:21 AM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,822
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Michael Stern is moving forward with massive Miami tower project 
Quote:
New York developer Michael Stern is moving forward with plans to build a $500 million mixed-use tower west of Brickell Avenue, which will include 1,000 residential units.
The Miami City Commission cleared the way for Stern’s JDS Development Group to work with the city on developing the massive site.
The 1.5-acre project calls for a 752-foot-tall tower. Part of the agreement with the city includes JDS building a fire station on the ground floor.
Stern plans to break ground on the 2.5 million-square-foot project this summer, beginning work without financing. He will seek financing in about a year. 
The 62-story tower will include 1,000 rental apartments, 200 micro units, a 200-key hotel and about 250,000 square feet of office space. The development will also feature about 1,700 parking spaces. There will be no condo component.
JDS hired James Corner Field Operations, the landscape architecture and urban design firm behind the High Line in New York, to renovate Southside Park, at 140 Southwest 11th Street. New York City-based SHoP Architects is designing the project with Kobi Karp. SHoP Architects also designed Stern’s Brooklyn skyscraper at 9 DeKalb Avenue.
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