MIAMI | Development Thread - Page 14

NewAtlantisMiami · #1 Posted **Sep 23, 2006, 3:47 AM**

Enough already! I'll just go look for myself tomorrow, and regardless of what the market is doing, what is already under construction is quite incredible! There has probably been nothing like this in this country! I don't think either New York or Chicago ever had so much construction going on at one time, and the more powerful developers are going to want to make their mark on the new Miami in spite of everything, so no doubt we will see more projects rise as others fail! We've only seen the first or second wave of this high-rise construction tsunami that is going to continue on into the next decade. No doubt now that with Shaq and his buddies on the band wagon, we will see both Met 2 & 3 under construction soon and built maybe even taller than the current specs.

umiami305 · #2 Posted **Sep 23, 2006, 3:53 AM**

Well going back a month or two, there was a crane that sat in the corner of the Met 3 site while bulldozers started moving earth around on this site. Which is what caused the chatter about Met 3 "finally breaking ground". I also thought it was official. I think anyone who saw these pics I took would come to the same conclusion.
MET 3 SITE

Then all the action on the Met 3 lot suddenly stopped and the cars re-emerged and brought back the famous parking lot.
MET 3 FAMOUS PARKING LOT

Now, as previously stated, a crane and pile driving device have set up in working position on the Met 2 site and the Metropolitan Miami Sales building was moved from the Met 2 site accross the street to the Met Square site.

I will try to get some pics because you cannot get a good angle from the web cams on the Met site, specifically the Met 2 tract of land. To be cont....

Dale · #3 Posted **Sep 23, 2006, 4:21 AM**

Wow ! Talk about on-the-spot reporting !

NewAtlantisMiami · #4 Posted **Sep 23, 2006, 3:12 PM**

I saw a crane on the Ice2/Element site too at the beginning of the year, and pilings were drilled into the ground at the Onyx2 site, but I'm still waiting to see something rise out of the ground at both sites. Would love to see 500+ feet buildings extending as far north as 31st Street and the Bay (Element). What a skyline that would make! Last I heard, both those projects were resold as plans and property packaged deals.

Dale · #5 Posted **Sep 23, 2006, 8:57 PM**

Great news ! Thanks for the footwork.

NewAtlantisMiami · #6 Posted **Sep 23, 2006, 10:07 PM**

Dale, It is great news for the most part! It looks as though all 3 Met projects will be built as well as Infinity II, and Capital I & II. I think Villa Magna is doing well, being the last prime Brickell bayfront property and should start construction soon as well, but of the 4 projects approved over 500 feet tall north of the Quantum development (Element/formerly Ice2, Onyx2, Platinum on the Bay, and Soleil) not a one has made it out of the ground in an area I think has great potential. If I were a developer, the Element site would have me drooling. I would love to see a 2-tower project like Villa Magna or Quantum go there. Steve

Dale · #7 Posted **Sep 23, 2006, 11:24 PM**

Yes, if all of Met, Infinity II, Capital Brickell and Villa Magna get built ... I'll be very happy with this boom!

NewAtlantisMiami · #8 Posted **Sep 23, 2006, 11:46 PM**

Quote:

Originally Posted by Dale

Yes, if all of Met, Infinity II, Capital Brickell and Villa Magna get built ... I'll be very happy with this boom!

YES! That would make for 7 more buildings over 500 feet tall that are not currently under construction, and I do think all of them will get built at the very least. With what is already under construction, that will give us quite an impressive skyline, and we are still only in the beginning phases of this boom. The 3rd most dynamic skyline in the country is almost assured for Miami now, but I would still like to see a 1,000+ footer somewhere in the city if we can't get Empire World past the FAA and MIA! I think enough people with money and power want to make it happen!

I have left a message with the answering service for Element asking when actual construction will begin! Apparently, Element is not dead! At least not yet! I will let you know when and what I hear from them, so stay tuned to the site. We need projects like Element to balance out the skyline on the north end. It's getting a bit too Brickell-heavy! I'm not being shy about this building boom anymore. I'm getting to the bottom of it. I'm not as tall as Shaq, and I can't play basketball, but I walk into sales offices like I've got $100,000,000 and ask them when are you going to build this thing. Steve

NewAtlantisMiami · #9 Posted **Sep 24, 2006, 10:09 PM**

I heard from a representative of Element today. Element is dead as is apparently every development project north of Quantum that never started construction. The rising cost of materials due to increased demand killed a lot of projects that didn't get their act together soon enough. We won't see a lot of projects get out of the ground for that reason. I was also told that Capital II has hardly sold at all. It's all kind of sad news for the boom.

skyscraperfan23 · #10 Posted **Sep 24, 2006, 10:12 PM**

Quote:

Originally Posted by NewAtlantisMiami

I heard from a representative of Element today. Element is dead as is apparently every development project north of Quantum that never started construction. The rising cost of materials due to increased demand killed a lot of projects that didn't get their act together soon enough. We won't see a lot of projects get out of the ground for that reason. I was also told that Capital II has hardly sold at all. It's all kind of sad news for the boom.

That's because the condo boom has officially busted and we have to wait 2 more years to turn it around.

BornInTheGrove · #11 Posted **Sep 25, 2006, 12:41 AM**

Quote:

Originally Posted by NewAtlantisMiami

I was also told that Capital II has hardly sold at all. It's all kind of sad news for the boom.

Not if they switch up Capital II from residential to office... not like it hasn't been done before (Met 2) and the office space would be nice.

Dale · #12 Posted **Sep 25, 2006, 2:10 AM**

But Capital I is going ahead ?

NewAtlantisMiami · #13 Posted **Sep 25, 2006, 2:33 AM**

Not sure. It was just heresay, so you never know about those things.

Dale · #14 Posted **Sep 25, 2006, 2:43 AM**

Remember that misery loves company. A representative of a failed venture is going to want to assume everyone else is failing too. It's just human nature.

NewAtlantisMiami · #15 Posted **Sep 25, 2006, 11:34 PM**

Quote:

Originally Posted by Dale

Remember that misery loves company. A representative of a failed venture is going to want to assume everyone else is failing too. It's just human nature.

Thanks for the reminder! Maybe we'll see many of the buildings we want to see after all. I think this relatively quiet hurricane season having proved predictors wrong might make a difference to some previously reluctant prospective buyers.

umiami305 · #16 Posted **Sep 26, 2006, 1:20 AM**

I went around the city today and took a bunch of new pictures. I will try to post them tonight sometime. It might be later after MNFootball.

NewAtlantisMiami · #17 Posted **Sep 26, 2006, 1:24 AM**

I forgot MNF was on! Thanks for the reminder!

hi123 · #18 Posted **Sep 26, 2006, 4:45 AM**

^^ can' t wait for the pics umiami!

hi123 · #19 Posted **Sep 26, 2006, 4:45 AM**

.

umiami305 · #20 Posted **Sep 26, 2006, 5:54 AM**

Im working on it, its just a long process. I have to transfer them to pc. Then reduce the size of each pic. Then transfer to image shack so I can finally get them to our forums.